Business, 14.02.2020 04:47 dndndndnxmnc
Jernigan Company estimates that total factory overhead costs will be $84,000 for the year. Direct labor hours are estimated to be 14,000.
Required:
A. For Almerinda Company, determine the predetermined factory overhead rate
The rate used to apply factory overhead costs to the goods manufactured. The rate is determined by dividing the budgeted overhead cost by the estimated activity usage at the beginning of the fiscal period.
using direct labor hours as the activity base.
B. During April, Almerinda Company accumulated 20,000 hours of direct labor costs on Job 50 and 24,000 hours on Job 51. Determine the amount of factory overhead applied to Jobs 50 and 51 in April.
C.
Prepare the journal entry on Apr. 30 to apply factory overhead to both jobs in April according to the predetermined overhead rate. Refer to the Chart of Accounts for exact wording of account titles.
Answers: 2
Business, 22.06.2019 06:30, solphiafischer
Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication
Answers: 2
Business, 22.06.2019 18:00, slycooper99
During the holiday season, maria's department store works with a contracted employment agency to bring extra workers on board to handle overflow business, and extra duties such as wrapping presents. maria's is using during these rush times.
Answers: 3
Business, 23.06.2019 00:00, aloading2256
Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.
Answers: 1
Jernigan Company estimates that total factory overhead costs will be $84,000 for the year. Direct la...
Mathematics, 25.03.2021 04:50
Arts, 25.03.2021 04:50
Biology, 25.03.2021 04:50
Mathematics, 25.03.2021 04:50