subject
Business, 02.11.2020 17:10 tjjjjjjjjjjjjjjjjjjj

Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor costs for the year were $115,500 and $125,300, respectively. During the year, actual overhead was $107,700 and actual direct labor cost was $118,000. The entry to close the over- or underapplied overhead at year-end, assuming an immaterial amount, would include

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 19:30
What would be the input, conversion and output of developing a new soft drink
Answers: 3
question
Business, 22.06.2019 05:10
1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84
Answers: 3
question
Business, 22.06.2019 15:20
On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.
Answers: 2
question
Business, 22.06.2019 17:40
Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)
Answers: 3
You know the right answer?
Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor co...
Questions
question
Mathematics, 03.02.2021 21:50
question
Mathematics, 03.02.2021 21:50
question
Mathematics, 03.02.2021 21:50
question
Mathematics, 03.02.2021 21:50
question
English, 03.02.2021 21:50
Questions on the website: 13722362