During March, Pendergraph Corporation incurred $75,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $77,000. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a:
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Dallas company uses a job order costing system. the company's executives estimated that direct labor would be $4,800,000 (160,000 hours at $30/hour) and that factory overhead would be $1,400,000 for the current period. at the end of the period, the records show that there had been 190,000 hours of direct labor and $1,100,000 of actual overhead costs. using direct labor hours as a base, what was the predetermined overhead rate? (round your answer to two decimal places.)
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Suppose that the total revenue received by a company selling basketballs is $960 when the price is set at $60 per basketball and $960 when the price is set at $40 per basketball. without using the midpoint formula, identify whether demand is elastic, inelastic, or unit-elastic over this price range.
Answers: 3
During March, Pendergraph Corporation incurred $75,000 of actual Manufacturing Overhead costs. Durin...
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