Business, 30.03.2020 16:52 lyricbrown9055
Bramble Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $297,124 for the year, and machine usage is estimated at 125,900 hours. For the year, $377,552 of overhead costs are incurred and 130,700 hours are used.
Compute the manufacturing overhead rate for the year.
What is the amount of under- or overapplied overhead at December 31?
Prepare the adjusting entry to assign the under- or overapplied overhead for the year to cost of goods sold.
Answers: 2
Business, 22.06.2019 08:30
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
Answers: 2
Business, 22.06.2019 11:00
The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?
Answers: 1
Business, 22.06.2019 12:40
Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?
Answers: 1
Business, 22.06.2019 18:00
Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:
Answers: 2
Bramble Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead...
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