Business, 05.05.2020 19:34 adorsey846
Fanning Company and Finch Company assign manufacturing overhead to Work in Process Inventory using direct labor cost. The following information is available for the companies for the year: Fanning Company Finch Company Actual direct labor cost $ 150,000 $ 175,000 Estimated direct labor cost 155,000 110,000 Actual manufacturing overhead cost 55,700 91,700 Estimated manufacturing overhead cost 72,850 93,500 Required Compute the predetermined overhead rate for each company. Determine the amount of overhead cost that would be applied to Work in Process Inventory for each company. Compute the amount of overapplied or underapplied manufacturing overhead cost for each company.
Answers: 2
Business, 21.06.2019 13:50
2. a box contains 50 slips of paper. forty of the slips are marked $0, 8 of the slips are marked $20, 1 slip is marked $100, and the last one is marked $500. find the expected net winnings of a person who pays $10 to randomly select one slip of paper. interpret.
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Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
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To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?
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Fanning Company and Finch Company assign manufacturing overhead to Work in Process Inventory using d...
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