Answer:
Journal entries to record the expenses incurred are given below.
Debit Factory Overhead Control Account $ 1300
Credit Utilities bills account $ 700
Credit Accumlated factory depreciation $ 400
Credit property tax payable $ 200
Journal entries to record the allocation of overhead at the predetermined rate of $1.50 per machine hour are given below.
Debit WiP process account $ 525
Credit Factory overhead applied account $ 525
(1.5 * 350 (machine hours))
Answer:
The predetermined overhead rate for May should be: $18.70 per direct labor hour
Explanation:
Predetermined Overhead rate is the rate that is used to allocate Overheads to Departments or Jobs.
<em>Predetermined Overhead rate = Budgeted Overheads / Budgeted Activity</em>
= $134,640/7,200
= $18.70 per direct labor hour
Answer: A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the other country's imports.
Explanation:
Answer:
Amount of Grey tea = 100 pounds
Amount of Orange Pekoe tea = 300 pounds
Explanation:
let G = amount of Grey tea
let 400 - G = amount of Orange Pekoe tea
6G + 4 (400 - G) = 4.5 x 400
6G + 1,600 - 4G = 1,800
2G = 1,800 - 1,600 = 200
G = 200 / 2 = 100
400 - G = 400 - 100 = 300
Answer:
option D i,e sum of market value of goods & services manufactured during a given time period.
Explanation:
option D i,e sum of market value of goods & services manufactured during a given time period.
Gross Domestic Product is the total sum of market value of all product that produced by an organisation within in country in given time limit. it is used as an indicator which indicate the country wealth condition in specified time limit. if GDP of any country is in good condition that mean the country is producing good income from all sector of manufacturing goods
