Business, 26.09.2019 20:00, whitakers87

In december 2016, infodeo established its predetermined overhead rate for movies produced during 2017 by using the following cost predictions: overhead costs, $1,680,000, and direct labor costs, $480,000. at year-end 2017, the company’s records show that actual overhead costs for the year are $1,652,000. actual direct labor cost had been assigned to jobs as follows. movies completed and released $ 425,000 movies still in production 50,000 total actual direct labor cost $ 475,000 1. determine the predetermined overhead rate for 2017. 2& 3. enter the overhead costs incurred and the amounts applied during the year using the predetermined overhead rate and determine whether overhead is overapplied or underapplied. 4. prepare the adjusting entry to allocate any over- or underapplied overhead to cost of goods sold.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 23:00, stevend0599

What is overdraft protection (odp)? a.) a cheap and easy way to always avoid overdrawing a bank account b.) a service to automatically transfer available funds from a linked account to cover purchases, prevent returned checks and declined items when you don’t have enough money in your checking account at the time of the transaction. c.) an insurance policy sold by banks to prevent others from withdrawing your money d.) a service provided by the government that insures individuals bank deposits up to $250,000

Answers: 2

continue

Business, 22.06.2019 07:00, glizbethh00

What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?

Answers: 1

continue

Business, 22.06.2019 13:10, idk1561

You have recently been made a department head of the new regional office. in getting to know your departmental staff, you have noticed that one of your inexperienced employees is not following through on assigned tasks. she is enthused about her new job and wants to get ahead in the organization. which alternative represents the most effective leadership style: a. discuss the lack of follow-through with her and explore thealternative ways this problem can be solved. b. specify what she must do to complete the tasks but incorporate any suggestions she may have. c. define the steps necessary for her to complete the assigned tasks and monitor her performance frequently. d. let her know about the lack of follow-through and give hermore time to improve her performance.

Answers: 1

continue

Business, 22.06.2019 21:40, goku4420

Inventory by three methods; cost of goods sold the units of an item available for sale during the year were as follows: jan. 1 inventory 20 units at $1,800 may 15 purchase 31 units at $1,950 aug. 7 purchase 13 units at $2,040 nov. 20 purchase 16 units at $2,100 there are 18 units of the item in the physical inventory at december 31. determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers in the following form: round your final answers to the nearest dollar. cost inventory method ending inventory cost of goods sold a. first-in, first-out method $ $ b. last-in, first-out method $ $ c. weighted average cost method $ $

Answers: 3

continue

Do you know the correct answer?

In december 2016, infodeo established its predetermined overhead rate for movies produced during 201...