1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anastaziya [24]
2 years ago
11

The manufacturing overhead account is debited when ______.

Business
1 answer:
Rufina [12.5K]2 years ago
5 0

Production process involves different type of cost and expenses, manufacturing overhead account is one and it is debited when overhead applied is less than the actual overhead costs incurred.

<h3>What is manufacturing overhead cost?</h3>

It is the sum of all the indirect costs that were spent while manufacturing a product.

The amount in the manufacturing overhead account can either be a debit or credit.

It is a debit when the overhead is less than the actual overhead costs that were spent.

Therefore, The manufacturing overhead account is debited when the overhead applied is less than the actual overhead costs incurred.

Learn more manufacturing overhead accounts here

brainly.com/question/15739613

You might be interested in
Terry harrison is single and works as an animal control agent. he claims no allowances, and his employer computes federal tax us
julsineya [31]
<span>Terry's employer withholds $85.80 in federal income tax by using the percentage method. This method states that is a single person's salary exceeds $645.00 per week they pay $81.90 plus 25% more for anything over $645.00. Based on the tax withholding, Terry makes $660.60 per week.</span>
7 0
3 years ago
You have just made your first $5,000 contribution to your individual retirement account. Assuming you earn an annual rate of ret
Zielflug [23.3K]

Answer:

the future value is $328,983.26

Explanation:

The computation of the amount that would be retired in 45 years is shown below:

As we know that

Future value = Present value × (1 + interest rate)^time period

= $5,000 × (1 + 9.75%)^45

= $328,983.26

Hence, the future value is $328,983.26

5 0
3 years ago
Tim and Sandy have a ten-year-old daughter. During the current year, they spent $2,000 on childcare expenses at a daycare center
konstantin123 [22]

Answer:

$3000

Explanation:

In the United states, eligible child care expenses per dependent are limited to $3000. Since Tim and Sandy have only One 10 year old daughter which fall under the age 13 bracket for dependents gives them a maximum limits of $3000. It is important to note that of a couple has two or more child (dependents) they are eligible to $6000. A relative who is a care giver qualifies if expenses are paid to the relative on conditions that the relative isn't a dependent non child of the couple.

7 0
4 years ago
Read 2 more answers
Using the allowance method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $7,500
pentagon [3]

Answer:kindly check attached picture for details

Explanation:

Using the allowance method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $7,500. The cost of the merchandise is $3,000. June 10 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder. Oct. 11 Reinstated the account of Jim Dobbs and received cash in full payment.

6 0
4 years ago
Jules &amp; Associates had the following information available related to revenues and expenses for the current period: Services
LiRa [457]

Answer:

Net income in cash = -$17,000

Net income of accounting= $ 198,000

Explanation:

 $123,000 service provided for cash

-$140,000 Expenses paid in Cash

= -$17,000 Net income in cash

$240,000  Services provided on account

-$42,000  Expenses on account

=$198.000 Net Income of accounting

5 0
3 years ago
Other questions:
  • The annual demand of an appliance company is 8000 units. The production capacity is 200 units per day. Each time production star
    5·1 answer
  • Don, a new manager, commented to a friend, "i am excited about different aspects of my new job. the company computers have enter
    10·1 answer
  • The Treaty of Paris gave __________ to the United States.
    12·2 answers
  • What is the correlation between term length of a loan and interest paid?
    8·1 answer
  • Your friend currently works as an accountant at a public accounting firm in the small town of Beaver Falls, Pennsylvania. He is
    15·1 answer
  • You know the _____ method of budgeting is being employed after hearing an experienced marketing department manager respond to a
    7·2 answers
  • Carie opted to exercise her May option on April 3rd and received $1,750 in exchange for her shares. She must have owned a(n):
    12·1 answer
  • Beth files a suit against Cruise Line, Inc. Cruise responds that it appears from the pleadings that the parties do not dispute t
    11·1 answer
  • Your boss would like your help on a marketing research project she is conducting on the relationship between the price of soda a
    15·1 answer
  • Milner Developers proposed an offer to Henry Wright,an independent contractor,offering to hire him for their next project.They o
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!