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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

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Campbell, a single taxpayer, earns $400,000 in taxable income and $2,000 in interest from an investment in State of New York bon
Artist 52 [7]

Answer: Campbell will owe $115,858.25 in federal income tax this year computed as follows:

$115,858.25= $45,353.75+ 33% x ($400,000 - $186,350)).

Campbell's average tax rate is 28.96 percent.

Average Tax Rate = TotalTax / TaxableIncome = $115,858.25 / $400,000 = 28.96

Campbell's effective tax rate is 28.82 percent.

Effective tax rate = TotalTax / TotalIncome = $115,858.25 / ($400,000 + $2000) = 28.82

Campbell is currently in the 33 percent tax rate bracket. Her marginal tax rate on deductions up to $213,650 will be 33 percent. However, her marginal tax rate on the next $5,100 of income will be 33%, and income earned over $405,100 will be 35 percent. Income earned in excess of $406,750 will be taxed at 39.6%.

3 0
2 years ago
Hughes Co. is growing quickly. Dividends are expected to grow at a rate of 22 percent for the next three years, with the growth
Oksana_A [137]

Answer: $53.94

Explanation:

Current share price is the present value of the dividends for the next 3 years and the terminal value in year 3.

Terminal value = D₄ / ( required return - growth rate)

= (2.35 * 1.22³ * 1.05) / (12 % - 5%)

= $64

D₁ = 2.35 * 1.22 = $2.867

D₂ = 2.867 * 1.22 = $‭3.49774‬

D₃ = ‭3.49774‬ * 1.22 = $‭4.2672428‬

Share price = (2.867 / (1 + 12%)) + (‭3.49774‬ / 1.12²) + (‭4.2672428‬ / 1.12³) + (64/1.12³)

= $53.94

7 0
3 years ago
Jacques lives in san diego and runs a business that sells pianos. in an average year, he receives $842,000 from selling pianos.
Leona [35]
<span>Implicit Cost Explicit Cost The wholesale cost for the pianos that Darnell pays the manufacturer $452,000 The salary Darnell could earn if he worked as an accountant $48,000 The wages and utility bills that Darnell pays $301,000 The rental income Darnell could receive if he chose to rent out his showroom $38,000 B. Profit ($) Accounting Profit 842,000 - 452,000 - 301,000 = 89,000 Economic Profit 842,000 - 452,000 - 301,000 - 48,000 - 38,000 = 3,000 C. Economic Profit as an accountant = 48,000 + 38,000 - 89,000 = -$3,000. Thus, Darnell should stay in the Piano business to maximize the Economic Profit.</span>
8 0
3 years ago
If 0.90 metric tons (mt) of crude oil cost $288, how much will 0.35 mt of crude oil cost?
Rashid [163]

0.35 metric tons (mt) of crude oil will cost $112 if 0.90 mt cost $288.

Crude oil and other hydrocarbons can be found in liquid or gaseous form in tar or oil sands, small cavities within sedimentary rocks, and underground pools or reservoirs.

<h3>What are crude oil and its uses?</h3>

Natural petroleum products like crude oil are made up of deposits of hydrocarbons and other organic elements. Crude oil, a sort of fossil fuel, is refined to create useful products like gasoline, diesel, and numerous other petrochemicals.

Given,

Crude oil = 0.9 (mt) cost is $288.

Required to Find Cost of Crude 0.35 (mt) =?

Find Cost of Crude (0.35 mt) = $288 multiply by 0.35 and divide by 0.9.

Find Cost of Crude (0.35 mt) = $288 x 0.35/0.9

Cost of Crude (0.35 mt) = $112

Thus, Crude oil will cost $112 for 0.35 metric tons (mt).

Learn more about Crude Oil here:

brainly.com/question/4433699

#SPJ4

6 0
1 year ago
What kind of business most often risks problems over who will do what kind of work and under what circumstances?
uysha [10]
Es la C tienes mas riesgos por que aquí tu tienes tu propia empresa y por lo tanto mas dinero lo cual atrae a lis delincuentes para hacer secuestros robos asesinatos etc Espero q te sirva
7 0
3 years ago
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