answer.
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
AlladinOne [14]
1 year ago
8

The following accounts are from last year’s books at Sharp Manufacturing: Raw Materials Bal 0 (b) 155,200 (a) 167,000 11,800 Wor

k In Process Bal 0 (f) 514,800 (b) 132,600 (c) 169,200 (e) 213,000 0 Finished Goods Bal 0 (g) 466,000 (f) 514,800 48,800 Manufacturing Overhead (b) 22,600 (e) 213,000 (c) 26,600 (d) 157,200 6,600 Cost of Goods Sold (g) 466,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead overapplied or underapplied for the year?
Business
1 answer:
horsena [70]1 year ago
6 0

Answer: The manufacturing overhead over applied by $6,600.

Explanation:

Given that,

Manufacturing Overhead from last year’s books at Sharp Manufacturing:

(b) 22,600

(c) 26,600

(d) 157,200

(e) 213,000

Actual manufacturing overhead = b + c + d

                                                     = 22,600 + 26,600 +  157,200

                                                     = $206,400

Manufacturing Overhead applied = e = $213,000

Manufacturing overhead applied is $213,000 but actual manufacturing overhead is  $206,400

Hence,

Manufacturing overhead over applied by:

= Manufacturing Overhead applied - Actual manufacturing overhead

= $213,000 - $206,400

= $6,600

Therefore, the manufacturing overhead over applied by $6,600.

You might be interested in
Teresa Carleo, the owner of Plant Fantasies, believes she is a good communicator, but sometimes employees do not seem to underst
amid [387]

Answer: Perceptual barriers  

   

Explanation: As the name suggests perceptual barriers refers to the barriers that are created out from the perceptions. In such barriers the receiver did not even try to understand the message with all his efforts and behaves carelessly.

In the given case, the employees of Teresa did not understand the message and state that they do. Therefore, the employees might be acting carelessly or have some other perception about their boss.

They could have a perception that asking too much questions might affect their image in the eyes of boss.

Hence from the above we can conclude that the correct option is B.

4 0
2 years ago
Rahman stock just paid a dividend of $3.00 per share. Future dividends are expected to grow at a constant rate of 6% per year. W
Veronika [31]

Answer:value of stock for the required return of 12 % =  $53

Explanation:

Given

current dividend just paid = $3.00

dividend to grow at constant rate of 6%

required rate of return =12%

to calculate the value of stock for the requitred return of 12 % , we use the dividend growth model which is  

Current price = dividend ( 1 + growth rate )/ (required rate -growth rate )

                        = 3 x (1+6%) / 12-6 = 3 x 1.06 /6% =3.18/0.06=  $53

Therefore  value of stock for the requitred return of 12 % ,=  $53

6 0
2 years ago
When should a writer establish common ground before the bottom line statement
boyakko [2]
A writer should establish common ground before the bottom line statement <span>when the reader may disagree with the bottom-line statement.</span>
4 0
2 years ago
Read 2 more answers
Following are the transactions of Green Company. May 1 The company billed a customer $3,400 in consulting revenue for sustainabl
Kisachek [45]

Answer:

Accounts Receivable 3,400

    Consulting Revenue 3,400

Supplies   1,000

    Accounts Payable   1,000

Cash     2,400

   Accounts Receivable 2,400

Accounts Payable  1,000

   Cash                           1,000

Utilities expense   800

  Cash                               800

Explanation:

The services are earned and were only billed not collected. So the company should reocgnize the receivable

The purchase of supplies is con credit, the company will recognize a liability

When the company collects from the account, it will decrease and cash will increase

When paying the supplier, their cash decrease and the liability is write-off

The utilities expense are cost of the period, so are recognize as expense.

3 0
2 years ago
The population of a country Dnalgne is 90 million in 1997 and increasing at a rate of 0.1 million per year. The average annual i
adoni [48]

Answer:

The answer is: 2.514% in percentage term or $56,560 million in absolute term.

Explanation:

The entire population income of Dnalgne in the beggining of 1997 = Total population of Dnalgne in the beginning of 1997 x average annual income of a person in Dnalgne in the beginning of 1997 = 90 million x 25,000 = $2,250,000 million

The poplulation of Dnalgne at the end of 1997 = 90 million + 0.1 million = 90.1 million; The average annual income of a person in Dnalgne at the end of 1997 = 25,000 +600 = $25,600

The entire population income of Dnalgne in the end of 1997 = Total population of Dnalgne at the end of 1997 x average annual income of a person in Dnalgne at the end of 1997 = 90.1 million x 31,000 = $2,306,560 million

Thus. the rise in absolute number is $2,306,560 million - $2,250,000 million = $56,560 million or 56,560/2,250,000 = 2.514% in percentage term.

5 0
2 years ago
Other questions:
  • A consumer lives on a diet of solely steak and potatoes. Her budget is ​$30 for every 10 days and she must buy enough potatoes t
    13·1 answer
  • Nina is induced by her guardian Ollie to sign a contract to invest funds in Penny Stocks Inc. through Ollie’s investment firm. U
    11·1 answer
  • A higher discount rate applied to a given flow of returns in the future (e.g., $5,000 at the end of 5 years, $10,000 at the end
    12·1 answer
  • The adjusted trial balance for Chiara Company as of December 31 follows. Debit Credit Cash $ 77,800 Accounts receivable 55,000 I
    14·1 answer
  • If an insurance company wishes to order a consumer report on an applicant to assist in the underwriting process, and if a notice
    12·1 answer
  • Use the information for the​ question(s) below. The Sisyphean Company has a bond outstanding with a face value of​ $1000 that re
    11·2 answers
  • Vince Lupino works for Best Supplies Company, which pays its employees time and a half for all hours worked in excess of 40 hour
    6·1 answer
  • Greg eats pizza every day of the week. The marginal utility of pizza will most likely ________ by the end of the week, and all e
    11·1 answer
  • Your annual sales are $217,000. The sales are spread evenly over four quarters except that sales in the first quarter are double
    9·1 answer
  • Greenwood Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!