Molzahn Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year:
Estimated total manufacturing overhead at the beginning of the year $481,250
Estimated direct labor-hours at the beginning of the year 35,000 direct labor-hours

Results of operations:
Actual direct labor-hours 40,000 direct labor-hours
Manufacturing overhead:
Indirect labor cost $ 179,000
Other manufacturing overhead costs incurred $ 465,000

Answer:

The results are below.

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 481,250 / 35,000

Predetermined manufacturing overhead rate=  $13.75 per direct labor hour

Now, we allocate overhead based on actual hours:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 13.75*40,000

Allocated MOH= $550,000

Finally, the under/over applied overhead and the closing to cost of goods sold:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 644,000 - 550,000

Underapplied overhead= $94,000

When overhead is underapplied, we need to debit the cost of goods sold.

COGS     94,000

 Manufacturing overhead   94,000

Stansbury Company determined its December 31, 2015 inventory to be $1,000,000 based on a physical count priced at cost. Additional information for the company is as follows: Merchandise costing $90,000 was shipped FOB shipping point from a vendor on December 30, 2015. This merchandise was received and recorded on January 5, 2016. Goods costing $120,000 were staged on the shipping dock and excluded from inventory although shipment was not made until January 4, 2016. The goods were billed to the customer FOB shipping point on December 30, 2015. What is Stansbury's ending inventory for its December 31, 2015 balance sheet

Gidgits Galore has been busy during this lesson continuing its expansion plans throughout the United States. After all, everyone must have a gidgit, the "must-have" gadget! Gidgits Galore has opened up stores in ten new states, hired hundreds of new employees, built two additional factories, and started an advertising campaign that has caught the US by storm! Its expansion has been featured in news magazines across the country. But Gidgits Galore has encountered a few problems and needs some advice.


Should Gidgits Galore entice much sought-after employees with generous benefits?
no
yes

The debt-GDP ratio: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices rises whenever the debt rises. is not as accurate in assessing the ability of governments to pay their debts as examining the percentage dollar/euro increase or decrease to the debt. measures government debt relative to gross domestic product minus imports and exports. measures government debt relative to the potential ability of the government to collect taxes to cover that debt

(a) What kinds of financial assets are traded in capital markets? (b) How are these different from the financial assets traded in money markets?

John Deere is a manufacturer of agriculture equipment. Deere supplies replacement parts to dealerships across the globe. John Deere has begun utilizing technology so it can identify the geographic location of the parts. This information is available to dealerships and is especially useful in reducing equipment downtime. Agriculture equipment owners can have their machines repaired with replacement parts in a shorter amount of time than before the use of the tracking technology. This is an example of a phenomenon referred to as the _______.

1. On Jordan's 20th birthday he decides to invest 10,000 that he has saved. He will not be adding any money to the initial investment. He projects that the investment will earn 8% per year. Based on these assumptions, how much money should Jordan expect to have when he turns 60?

A. $217,245.21

B. $187,518.64

C. $46,789.33

D. $312.589.66

E. $98,514.57

F. $209,987.33

2. On Jordan's 20th birthday he decides to invest 10,000 that he has saved. He will not be adding any money to the initial investment. He projects that the investment will earn 10% per year. Based on these assumptions, how much money should Jordan expect to have when he turns 60?

A. $452,592.56

B. $278,582.56

C. $427,986.56

D. $438,478.56

E. $397,567.56

F. $301,578.66

3. Shakeria wants to start investing. She decides to put $1,000 in her investment account and then decides to add $5,200 (which is one hundred dollars per week) into the account at the end of each year. She expects her investments to earn an average of 9% over the next 30 years. How much will she have at the end of the 30 years?

A. $689,364.25

B. $254,369.25

C. $674,689.33

D. 356,543.89

E. $701,055.34

F. $722,066.88

4. Shakeria wants to start investing. She decides to put $1,000 in her investment account and then decides to add $5,200 (which is one hundred dollars per week) into the account at the end of each year. She expects her investments to earn an average of 9%, and is investing over the term of 40 years. How much will she have at the end of the 40 years?

A. 1,238,547.66

B. 1.788,398.13

C. 1,897,384.66

D. 1,254,642.98

E. 2,121,361.87

5. Randolph has $20,000. He invests his money and expects to earn 9% on the investment. Approximately how many years will it take for his investment to become $80,000? Use the rule of 72 to figure this out.

A. 8

B. 12

C. 18

D. 30

E. 24

F. 16

6. Use the rule of 72 to determine the following investment result. Amaya has $10,000. She expects to earn 7.2% on her investments portfolio. How long will it take forher investment to double?

A. 10 years

B. 9 years

C. 8 years

D. 7 years

E. 11 years

F. 7.2 years

7. Which of the following inestments would be considered the most liquid?

A. A standard savings account

B. Real Estate

C. A one year CD

D. A 401k

8. Which type of account would most financial advisors prefer for you to keep your reserve fund? Choose the best answer.

A. 529


B. 403b


C. checking account


D. savings account

E. 401k

9. Jair invested his money and earned 12% over the last year. Over the same duration, the inflation rate was 4%. What is his real rate of return.

A. 4%

B. 8%

C. 12%

D. 16%

10. Makeria bought an investment for $300 and sold it two years later for $360. What was her ROI in Dollars?

A. $60

B. 0.20

C. $300

D. $360

11. Makeria bought an investment for $300. Two years later she sold it for $360, what was her total ROI as a percentage?

A. 20%

B. 10%

C. 360%

D. 300%

12. Makeria Invested $300 and then sold her investment 2 years late for a total of $360. What was her average annual ROI? (choose the closest answer)

A. 20%

B. 10%

C. 360%

D. 300%

On March 5 PV Inc purchased $3,300 worth of merchandise from Panther Supply with the terms 2/10,n/30 On March 14, PV Inc paid Panther Supply the amount owed less the discount. Show the journal entry for March 5 and March 14 a

Which of the following terms describes the type of marketing information
system that supports personal-selling activities such as prospecting and
account maintenance?
A. Inventory control
B. Database marketing
C. Marketing mix monitoring
D. Customer relationship management

In a model with two large open economies, the world real interest rate is such that A. desired international lending by one country equals desired international borrowing by the other country. B. desired international borrowing will be the same in both countries. C. desired international lending will be the same in both countries. D. desired international lending and borrowing will be zero in both countries.

Frames assist people in making sense of communication by drawing attention to:
- A - how they should be communicating
- B - how they should expect others to communicate
- both A and B
- none of the above

Why is it virtually important to understand the fees your bank may charge on your checking account

Consider the following goal: "I'm going to earn $10,000 this month, working part
time at the fast food restaurant (up from $234 last month).” Why would this NOT be
considered a SMART goal?
a) It is not specific
b) It is not measurable
c) It is not attainable
d) It is not time-bound

Ed lives in Merchantville , a state that has a so-called merchant protection statute (or shopkeeper's privilege). One day Ed goes to the grocery store to shoplift some steaks for dinner. The owner of the grocery store catches Ed red-handed in the act of shoplifting. He and an employee gently restrain Ed in the back room, feeding him gourmet food and wine until the local sheriff finally shows up three days later. If Ed sues the grocer for the tort of false imprisonment, he will win if he can prove that

According to the video, where do most Commercial Artists work?

in an office or studio
in a warehouse or factory
in a school
in a gallery

provide a defination of GAAP​

McCoppin Industries has three employees: Dean, Annie and Kent. Dean works entirely in State A and was paid a salary of $130,000 plus a $30,000 bonus. Annie works entirely in State B and was paid a salary of $50,000. Kent works 60% of the time in State A and 40% of the time in State B and was paid $100,000 in commissions. Calculate McCoppin's payroll factor for State A

Someone help me find 2161965 please.

Consumers benefit from a free ride when they receive goods or services
A. at a reduced rate
B. without paying for them
C. instead of a government loan
D. in exchange for community service

My boss is 28 years old and has inherited a 500 billion-dollar company. He actually asked me to have dinner alone. Oh my God, I just worked in the company for 20 days. I doubt that he came into the company because of my beauty? I know that it takes him a day to choose a car to date me. He wants to choose one of his 500 sports cars to match my temperament. Oh my God... It’s so distressing, do I want to agree. ..., can you help me? ..."



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What are the job roles on offer in the picture?

Will be grateful for any replies, thanks!​

How can a user see the properties attached to a field in a database?
O Use the Design view, and click the data type.
O Use the Design view, and click the field name.
O Use the Datasheet view, and click the data type.
O Use the Datasheet view, and click the field name.

Grace has an annual salary of $50,000 while Jorge has an annual salary of $30,000. However, Jorge is actually the “wealthier” person. Explain how this can be the case.

Briefly explain the term Gross Domestic product​

Which is true about vendor files?
A. They can be in electronic or paper form.
B. They must be cleaned on a daily basis.
C. Duplicate records do not need to be removed.
D. They do not need maintenance.

Which of the following marketing jobs is most likely to require strong
analysis, organization, and communication skills?
A. Sales representative
B. Public relations specialist
C. Marketing research analythm
D. Social media manager​

Which person BEST exemplifies an entrepreneur? Mark is known as the profit maker in the firm where he is employed Mary embraces change and innovates to meet customer demands Maurice thinks about how t make money Monty is a top level manager in a successful company

Why is it important to be held accountable for your actions?
3 sentences

The treasurer of Systems Company has accumulated the following budget information for the first two months of the coming year:March AprilSales. $450,000 $520,000Manufacturing costs 290,000 350,000Selling and administrative expenses 41,400 46,400Capital additions 250,000 ---The company expects to sell about 35% of its merchandise for cash. Of sales on account, 80% are expected to be collected in full in the month of the sale and the remainder in the month following the sale. One-fourth of the manufacturing costs are expected to be paid in the month in which they are incurred and the other three-fourths in the following month. Depreciation, insurance, and property taxes represent $6,400 of the probable monthly selling and administrative expenses. Insurance is paid in February and a $40,000 installment on income taxes is expected to be paid in April. Of the remainder of the selling and administrative expenses, one-half are expected to be paid in the month in which they are incurred and the balance in the following month. Capital additions of $250,000 are expected to be paid in March.Current assets as of March 1 are composed of cash of $45,000 and accounts receivable of $51,000. Current liabilities as of March 1 are composed of accounts payable of $121,500 ($102,000 for materials purchases and $19,500 for operating expenses). Management desires to maintain a minimum cash balance of $20,000.Prepare a monthly cash budget for March and April.

I want to become either a rapper or an artist in arts. how do i follow my dream.

How much is the peso mark-up if the selling price is P15 and the purchase cost is P10.00?