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yuradex [85]
2 years ago
5

Why do companies use a predetermined overhead rate rather than an actual overhead rate?.

Business
1 answer:
Vinvika [58]2 years ago
7 0

Answer:

An actual overhead is not known until the end of the period

Explanation:

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On March 1, Lincoln sold merchandise on account to Pina Colada Company for $29,400, terms 1/10, net 45. On March 6, Pina Colada
dolphi86 [110]

Answer:

The Journal entries with their narration is shown below:-

Explanation:

The Journal entry is shown below:-

1. Account receivable Dr,       $29,400

      To Sales revenue                       $29,400

(Being Sales revenue is recorded)

2. Sales return and allowance Dr,  $2,200

       To Account receivable                    $2,200

(Being Sales return is recorded)

3. Cash Dr,                                   $26,928

($29,400 - $2,200) × 99%

Sales discount Dr,                        $272

         To Account receivable                 $27,200

($29,400 - $2,200)

(Being cash is recorded)

7 0
3 years ago
Refer to Scenario 19.2. BASF has decided to offer discounts to its businesses customers in the form of the following: For each o
frutty [35]

Answer:

cumulative discounts

Explanation:

Options:

  • A) allowance
  • B )cash
  • C) seasonal
  • D) noncumulative
  • E) cumulative

A cumulative discount refers to a company offering a discount in the sales price of an item or items if the total purchase is higher than a certain threshold. It is similar to offering discounts for buying in bulk (which refers to quantity), only that this type of discount is offered to customers that purchase over a certain amount of money.

6 0
3 years ago
Lisa and lena own a shop together. they are partners in their business of 2 years. lisa is a designer; lena is a seamstress. lis
Ratling [72]
The agent of Lisa would likely tell her about the process and the rules in regards of the disability buy and sell insurance. The agent would likely explain that if she acquired this type, the insured person would likely be protected when the person has exhibit a disability and that having this type of insurance have benefits and are likely to be tax free.  
8 0
3 years ago
Suppose a consumer has an income of $16, the price of a is $2, and the price of b is $1. which combination is on the consumer's
Crazy boy [7]

The combination is on the consumer's budget line. is Option B. 5A and 6B.

The budget line is a graphical delineation of all possible mixtures of the 2 commodities that can be bought with provided profits and price in order that the charge of each of these combos is equal to the financial income of the patron.

In economics, a budget line constraint represents all of the mixtures of products and services that a customer may also buy given modern-day expenses within his or her given earnings. consumer idea makes use of the principles of a budget constraint and a desire map as equipment to observe the parameters of purchaser choices.

A consumer has an income  = of $16

A = $2

B = $1

The sum of the total will be less than $16

Hence. option B  5A and 6B.

Learn more about the budget line here:-brainly.com/question/14524034

#SPJ4

Disclaimer: your question is incomplete, please see below for the complete question.

A. 6A and 5B

B. 5A and 6B.

C. 5A and 5B

D. 4A and 6 B

5 0
1 year ago
n investment project has annual cash inflows of $4,000, $4,900, $6,100, and $5,300, for the next four years, respectively. The d
Ostrovityanka [42]

Answer:

the answer is 11,000

Explanation:

4 0
2 years ago
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