Answer:
Raising; above potential income
Explanation:
- The courter policy refers to the strategy of the government to take control over the recession by the use of fiscal measures and thus works to stabilize the economy and thus increase public taxes and reduces public expenditure during the recession.
The way a company goes about their business and their mission statement has a lot do with how company culture is set up.In basic terms it is the way things are done
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
60-80%
Networking (interacting and communicating with other professionals) is one of the most effective means of searching for a job.
Answer:
$34,000 (Debit)
Explanation:
Estimated total overhead costs = $456,000
Estimated direct labor costs = $2,280,000
Actual overhead costs= $422,000
Actual direct labor costs= $1,940,000
To calculate the factory overhead, we need to first calculate Estimated overhead rate.
Estimated overhead rate = Estimated total overhead costs / Estimated direct labor costs
= $456,000 / $2,280,000
= 0.2
= 20%
Therefore;
Actual Factory overhead = Actual direct labor cost × application rate
= $1,940,000 × 20%
= $388,000
We can get the balance in the overhead account as shown below;
Balance = Actual overhead cost - Actual cost that should be applied
= $422,000 - $388,000
= $34,000 (Debit).