subject
Business, 09.07.2019 02:20 ferg6

Clemmens company applies overhead based on direct labor cost. estimated overhead and direct labor costs for the year were $115,500 and $124,600, respectively. during the year, actual overhead was $107,000 and actual direct labor cost was $116,000. the entry to close the over- or underapplied overhead at year-end, assuming an immaterial amount, would include (round predetermined overhead rate to nearest whole percentage.):

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 16:20
There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply.a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve
Answers: 1
question
Business, 23.06.2019 03:20
Suppose the following items were taken from the 2017 financial statements of whispering winds corp.. (all dollars are in millions.) common stock $3,230 accumulated depreciation—equipment $3,940 prepaid rent 175 accounts payable 1,560 equipment 6,940 patents 2,270 stock investments (long-term) 670 notes payable (long-term) 780 debt investments (short-term) 1,740 retained earnings 6,175 income taxes payable 150 accounts receivable 1,740 cash 1,290 inventory 1,010 prepare a classified balance sheet in good form as of december 31, 2017. (list current assets in order of liquidity.)
Answers: 3
question
Business, 23.06.2019 04:40
What does bargain in good faith mean?
Answers: 1
question
Business, 23.06.2019 06:00
Before setting your prices, it's wise to a. subtract your profit margin from your costs. b. research industry standards. c. memorize the formula for cost plus. d. ignore your competitors' prices.
Answers: 1
You know the right answer?
Clemmens company applies overhead based on direct labor cost. estimated overhead and direct labor co...
Questions
question
Mathematics, 27.10.2021 21:00
question
Social Studies, 27.10.2021 21:00
question
Engineering, 27.10.2021 21:00
Questions on the website: 13722359