Alles company uses a job costing system that applies factory overhead on the basis of direct labor dollars. no job was in process on february 1. during the month of february, the company worked on these three jobs: job number b10 c44 g15 direct labor ($7/hour) $ 54,000 ? $ 20,000 direct materials 62,000 81,000 ? overhead applied ? 45,750 16,000 during the month, the company completed and transferred job b10 to the finished goods inventory. jobs c44 and g15 were not completed and remain in work-in-process at the cost of $348,650 at the end of the month. actual factory overhead costs during the month totaled $68,500. required: 1. what is the predetermined factory overhead rate? 2. compute the amount of underapplied or overapplied overhead for february.

Based on what you learned about time management which of these statements are true

On july 7, you purchased 500 shares of wagoneer, inc. stock for $21 a share. on august 1, you sold 200 shares of this stock for $28 a share. you sold an additional 100 shares on august 17 at a price of $25 a share. the company declared a $0.95 per share dividend on august 4 to holders of record as of wednesday, august 15. this dividend is payable on september 1. how much dividend income will you receive on september 1 as a result of your ownership of wagoneer stock

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?