A company has $10,000 under-applied overhead at the end of a given period. The following information is given: Account Ending balance Overhead applied in the account Work-in-process $100,000 $30,000 Finished goods $80,000 $20,000 Cost of goods sold $220,000 $50,000 The Manufacturing overhead control has a balance of some amount of x (not revealed) before closing. The Applied manufacturing overhead has a balance of some other amount of y (not revealed) before closing. The company uses the proration method to allocate the under-applied overhead to the above accounts. The necessary journal entry does not include a: A. debit to Work-in-process for $3,000. B. credit to Cot of Goods Sold for $5,000. C. debit to Applied manufacturing overhead for $y.

Big trail running company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. they feel that a departmental overhead rate would best reflect their overall manufacturing overhead usage. based on research the following information was gathered for the upcoming year: machining department finishing department estimated manufacturing overhead by department $ 600 comma 000 $ 400 comma 000 trail running shoes 440 comma 000 machine hours 11 comma 000 direct labor hours running apparel 60 comma 000 machine hours 39 comma 000 direct labor hours manufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department. at the end of the year, the following information was gathered related to the production of the trail running shoes and running apparel: machining department finishing department trail running shoes 442 comma 000 hours 10 comma 500 hours running apparel 57 comma 000 hours 40 comma 000 hours how much manufacturing overhead will be allocated to the trail running shoes

Acompany that adapts its product mix to meet the needs of a new market is using which of the following global marketing strategies market development diversification strategy product development undiversified

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note: