Kirkaid Company recorded the following transactions for the just completed month: a. $100,000 in raw materials were requisitioned for use in production. Of this amount, $80,000 was for direct materials and the remainder was for indirect materials. b. Total labor wages of $124,000 were incurred. Of this amount, $113,000 was for direct labor and the remainder was for indirect labor. c. Additional actual manufacturing overhead costs of $205,000 were incurred. d. A total of $246,000 in manufacturing overhead was applied to jobs. Required: Determine the underapplied or overapplied overhead for the month.
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Business, 22.06.2019 13:20
Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?
Answers: 3
Business, 22.06.2019 22:50
Suppose that the u.s. dollars-mexican pesos exchange rate is fixed by the u.s. and mexican governments. assume also that labor is mobile between the united states and mexico due to low transportation costs.which of the following situations is likely to happen as a result of a simultaneous increase in the demand for u.s. goods and decrease in the demand for mexican goods? (pick mexican unemployment rate increases, and the country undergoes bad economic times for a sustained u.s. unemployment rate increases, and the country undergoes bad economic times for a sustained mexican unemployment rate rises at first, but it soon drops as unemployed mexicans move to the united states for mexican unemployment rate rises at first, but then it drops as mexican pesos depreciate against u.s. dollars.
Answers: 1
Kirkaid Company recorded the following transactions for the just completed month: a. $100,000 in raw...
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