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1.Crichman Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 14,900 hours and the total estimated manufacturing overhead was $362,070. At the end of the year, actual direct labor-hours for the year were 16,000 hours and the actual manufacturing overhead for the year was $357,070. Overhead at the end of the year was:
a. 31730 overapplied
b. 26730 overapplied
c. 31730 underapplied
d. 26730 underapplied
2.Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $239,700 and 4,700 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $242,000 and actual direct labor-hours were 4,600.The applied manufacturing overhead for the year was closest toa. 229586b. 234600c. 242006d. 236854
If the beginning balance in OAA is $3,900, and the following transactions occur, what is the ending OAA balance?
Westfield Corporation makes two different boat anchors-a traditional fishing anchor and a high-end yacht anchor-using the same production machinery.
Determine the amount of manufacturing overhead that would have been applied to all jobs during the period.
Give the journal entry on July 24 to record payment of the balance due within the discount period using a perpetual inventory system.
Of the remaining 80% (the credit sales), 60% are collected in the month of sale, with remaining 40% collected in the following month. What is the total cash collected (both from accounts receivable and for cash sales) in the month of January?
per the text a u.s. parent company doesnt include the income of the foreign subsidiary till the income is repatriated
The stockholders' equity accounts of Hashmi Company at January 1, 2008, are as follows. Prepare a retained earnings statement for the year. (List multiple entries in descending order of amount.) Prepare a stockholders' equity section at December 31, ..
The underlying rationale for the alimony rules is that: 1. The fruit and tree metaphor should be rigorously applied.
from the e-activity describe some of the stories rites rituals and symbols that are representative of the organizations
Prepare the journal entries to record income tax expense, deferred income taxes, and income taxes payable for 2010 and 2011. Assume taxable income was $980,000 in 2011.
On November 19, 2007, Albatross Corporation purchased 30,000 shares of ABC Corporation stock for $480,000, and 10,000 shares of Milken Corporation stock for $250,000. In Microsoft Excel format, please prepare a journal with Albatross's entries for ..
which of the following represents a point of disagreement between deming and juran?upper management requires training
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