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3 years ago

What is the balance of the manufacturing overhead account and is overhead underapplied or overapplied at the end of the year?.

Business

1 answer:

baherus [9]3 years ago

3 0

The balance of the manufacturer overhead account is Credit of $30,000, overapplied.

credit of $30,000, overapplied.

<h3>Underapplied Overhead vs. Overapplied Overhead</h3>

Underapplied overhead is the opposite of overapplied overhead. Overapplied overhead occurs when expenses incurred are actually less than what a company accounts for in its budget. This means that a company comes in under budget and achieves a lower amount of overhead costs during the accounting period.

Therefore, the correct answer is as given above.

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Lower-level managers are empowered to make decisions in a ______ organization, which can ________ motivation and job satisfactio

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Lower-level managers are empowered to make decisions in a decentralized organization, which can increase motivation and job satisfaction.

<h3>What is motivation ?</h3>

Motivation is the reason why humans and other animals begin, continue, or discontinue an activity at any particular time. Motivational states are typically viewed as internal forces that induce a desire to engage in goal-directed conduct.

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1 year ago

JPJ Corp has sales of $ 1.16 million, accounts receivable of $ 47,000, total assets of $ 4.81 million (of which $ 3.05 millio

worty [1.4K]

Answer:

a. JPJ's accounts receivable days: 14.79 days

b. JPJ's Fixed asset turnover: 0.38

c. JPJ's Total asset turnover: 0.24

d. JPJ's Inventory turnover: 3.86

Explanation:

a. The accounts receivable days is calculated by using following formula:

The accounts receivable days = (Accounts receivable/Annual Sales) x Number of days in the year = ($47,000/$1,160,000) x 365 = 14.79 days

Fixed asset turnover = Net Sales/Fixed assets = $1,160,000/$3,050,000 = 0.38

Total asset turnover helps investors understand how effectively companies are using their assets to generate sales. Total asset turnover is calculated by using following formula:

Total Asset Turnover = Total Sales/Total Assets = $1,160,000/$4,810,000 = 0.24

Inventory turnover = Cost of goods sold/Inventory = $590,000/$153,000 = 3.86

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3 years ago

A pension plan helps pay for ______.

GrogVix [38]

C retirement benefits. This is why retirees are sometimes called "pensioners"

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4 years ago

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gladu [14]

Answer:

1) 18.4%

2) 27.20%

Explanation:

Solution

To get the Expected return for your fund we have to the percentage of Treasury bill and risk premium. That is,

T-bill rate + risk premium = 6.4% + 12% = 18.4%

Standard deviation of client's overall portfolio = 0.80 × 34% = 27.20%

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3 years ago

Annual general meeting what is it?

Sonbull [250]

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3 years ago