Business, 18.01.2021 21:40, miraclewhipppp

Penn Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated manufacturing overhead would be $100,000 and direct labor hours would be 10,000. The actual figures for the year were $110,000 for manufacturing overhead and 10,500 direct labor hours. The cost records for the year will show: * 1 point C) underapplied overhead of $5,000. D) overapplied overhead of $5,000. B) underapplied overhead of $10,000. A) overapplied overhead of $10,000.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 17:10, candaceblanton

Titus manufacturing, inc. provided the following information for the year: purchases - direct materials $91,000 plant utilities and insurance 68,000 indirect materials 11,170 indirect labor 4270 direct materials used in production 99,000 direct labor 117,500 depreciation on factory plant & equipment 4000the inventory account balances as of january 1 are given below. direct materials $44,000 work-in-progress inventory 10,000 finished goods inventory 50,000what is the ending balance in the direct materials account? $135,000 $36,000 $110,170 $6000

Answers: 3

continue

Business, 22.06.2019 12:50, sunshine0613

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.

Answers: 3

continue

Business, 22.06.2019 18:30, thomaskilajuwon

Afarmer is an example of what kind of producer?

Answers: 2

continue

Business, 22.06.2019 19:00, xojade

1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals

Answers: 1

continue

Do you know the correct answer?

Penn Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing o...