Moody corporation uses a job-order costing system with a plant wide overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production100,000fixed manufacturing overhead cost.$650,000variable manufacturing overhead cost per machine-hour$3.0required: 1. compute the predetermined overhead rateduring the year, job 400 was started and completed. the following information was available with respect to the job: direct materials requisitioned..$450direct labor cost$210machine-hours used.402. compute the total manufacturing cost assigned to job 400. 3. during the year, the company worked a total of 146,000 machine-hours on all jobs and incurred actual manufactured overhead costs of $1,350,000. what is the amount of underapplied or overapplied for the year? if this amount were closed out entirely to cost of goods sold would the journal entry increase or decrease net operating income?
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Business, 22.06.2019 03:30, clevelandjaniya1
Sarah salesrep is brand new to her job selling "lifetime" printers that never need replacement ink cartridges. the problem is that these printers cost ten times more than a regular printer, so it is difficult to get prospective buyers to understand the cost savings of buying it. to break through the barrier and begin making sales, sarah should use a analysis that highlights her printer's lower cost.
Answers: 3
Business, 22.06.2019 08:10, alex7881
The last time he flew jet value air, juan's plane developed a fuel leak and had to make an 4) emergency landing. the time before that, his plane was grounded because of an electrical problem. juan is sure his current trip will be fraught with problems and he will once again be delayed. this is an example of the bias a) confirmation b) availability c) selective perception d) randomness
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Business, 22.06.2019 16:00, ari313
What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
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Moody corporation uses a job-order costing system with a plant wide overhead rate based on machine-h...
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