Business, 19.02.2020 03:16 19thomasar
Aspen Company estimates its manufacturing overhead to be $642,500 and its direct labor costs to be $514,000 for year 2. Aspen worked on three jobs for the year. Job 2-1, which was sold during year 2, had actual direct labor costs of $190,124. Job 2-2, which was completed, but not sold at the end of the year, had actual direct labor costs of $360,580. Job 2-3, which is still in work-in-process inventory, had actual direct labor costs of $104,896. Actual manufacturing overhead for year 2 was $805,500. Manufacturing overhead is applied on the basis of direct labor costs. Required:
Prepare an entry to allocate over- or underapplied overhead to Work in Process, Finished Goods and Cost of Goods Sold.
Answers: 3
Business, 21.06.2019 20:30
In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered and a potential source of competitive advantage.answers: valuablerareinimitableun-substitutable
Answers: 1
Business, 22.06.2019 07:50
Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
Answers: 1
Business, 22.06.2019 12:50
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 u.s. treasury yield curve can take. check all that apply.
Answers: 2
Business, 22.06.2019 13:00
Creation landscaping has 1,000 bonds outstanding that are selling for $1,280 each. the company also has 2,000 shares of preferred stock outstanding, currently priced at $27.20 a share. the common stock is priced at $37.00 a share and there are 28,000 shares outstanding. what is the weight of the debt as it relates to the firm's weighted average cost of capital?
Answers: 1
Aspen Company estimates its manufacturing overhead to be $642,500 and its direct labor costs to be $...
English, 03.01.2020 02:31
Social Studies, 03.01.2020 02:31
Computers and Technology, 03.01.2020 02:31