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Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $348,425 for the year, and machine usage is estimated at 126,700 hours. For the year, $371,650 of overhead costs are incurred and 131,800 hours are used. a. Compute the manufacturing overhead rate for the year. Show work. b. Prepare the adjusting entry to assign the under- or overapplied overhead for the year to cost of goods sold. Show work.
Answers: 2
Business, 21.06.2019 15:20, LittleNerd2852
The systems analysis phase includes three activities โ requirements modeling, data and process modeling, and consideration of development strategies. choose two of these activities, explain their differences, and discuss how they are used to accomplish the main objective which is to understand the proposed project.
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Business, 23.06.2019 09:30, robert7248
You are a professor of economics at a university.? you've been offered the position of serving as department? head, which comes with an annual salary that is ? $5 comma 500 higher than your current salary.? however, the position will require you to work 200 additional hours per year. suppose the next best use of your time is spending it with your? family, which has value of ? $10 per hour.
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Business, 23.06.2019 11:30, salvadorjr1226p4zkp3
3. why would the sale of counterfeit products through its sites be damaging to alibaba?
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Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead co...
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