Partially correct answer iconyour answer is partially correct. open job cost sheets for jobs 50, 51, and 52. enter the january 1 balances on the job cost sheet for job 50. job no. 50 date direct materials direct labor manufacturing overhead beg. $ enter a dollar amountenter a dollar amount 12300 $ enter a dollar amountenter a dollar amount 6150 $ enter a dollar amountenter a dollar amount jan. enter a dollar amountenter a dollar amount 24600 enter a dollar amountenter a dollar amount 14760 enter a dollar amountenter a dollar amount 19680 $ enter a total of the two previous amountsenter a total of the two previous amounts $ enter a total of the two previous amountsenter a total of the two previous amounts $ enter a total of the two previous amountsenter a total of the two previous amounts cost of completed job direct materials $ enter a dollar amountenter a dollar amount direct labor enter a dollar amountenter a dollar amount manufacturing overhead enter a dollar amountenter a dollar amount total cost $ enter a total of the three previous amountsenter a total of the three previous amounts

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

The following selected circumstances relate to pending lawsuits for erismus, inc. erismus’s fiscal year ends on december 31. financial statements are issued in march 2019. erismus prepares its financial statements according to u.s. gaap. required: indicate the amount erismus would record as an asset, liability, or not accrued in the following circumstances. 1. erismus is defending against a lawsuit. erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000. 2. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages could fall anywhere in the range of $2,000,000 to $4,000,000, with any damage in that range equally likely. 3. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages will eventually be $5,000,000, with a present value of $3,500,000. 4. erismus is a plaintiff in a lawsuit. erismus's management believes it is probable that the company eventually will prevail in court, and that if it prevails, the judgment will be $1,000,000. 5. erismus is a plaintiff in a lawsuit. erismus’s management believes it is virtually certain that the company eventually will prevail in court, and that if it prevails, the judgment will be $500,000.

Shawn received an e-mail offering a great deal on music, movie, and game downloads. he has never heard of the company, and the e-mail address and company name do not match. what should shawn do?