Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead overapplied or underapplied for the year?.

The total cash received from the credit sales during the month of May is $592,500.

Total credit sales for the month of May:

Credit sales of May = Total sales * Credit sales%

Credit sales of May = $900,000 * 75%

Credit sales of May = $675,000

Cash received from the credit sales of May:

Cash received = Credit sales of May * Receivable in current month

Cash received = $675,000 * 30%

Cash received = $202,500

Total credit sales for the month of April:

Credit sales of April = Total sales * Credit sales%

Credit sales of April = $800,000 * 75%

Credit sales of April = $600,000

Cash received from the credit sales of April:

Cash received = Credit sales of April * Receivable in current month

Cash received = $600,000 *65%

Cash received = $390,000

Thus, Cash received from the credit sales during the month of May:

Cash received = Cash received from May sales + Cash received from April sales

Cash received = $202,500 + $390,000

Cash received = $592,500

What does sales mean?

A sale is a transaction between two or more parties that exchanges goods or services for money or other property. In financial markets, a sale is an agreement between a buyer and a seller to set a price for a security and deliver it at an agreed upon rate.

Sales and Examples?

A sale is the sale or discount of goods or services. An example of a sale is the sale of a new home. An example of a sale is that he discounts the price of all jeans in the store by 50%.

Learn more about sales here:- https://brainly.com/question/25743891

#SPJ4

The opportunity cost is the -77.5 units of sundae not produced.

What is opportunity cost?

The potential profit lost from a missed chance is referred to as the “opportunity cost” and is the result of selecting one option over another.

The total number of milkshakes made by a sundae is 110.

Milkshake production has been doubled from 80 to 100.

The total number of sundaes generated is (110/80) 100/1 = 137.5 137.

From 100 milkshakes, 5 units of sundae are predicted to be generated.

When the quantity of milkshake created is 100, the actual quantity of sundae produced is 60.

The opportunity cost is the extra 20 milkshakes,

(137.5 – 60)

= 77.5

As a result, the opportunity cost = -77.5 units of sundae not produced.

Learn more about on opportunity cost, here:

https://brainly.com/question/13036997

#SPJ4

From 7 pm to midnight only percent of the personal and commercial vehicles on the streets and highways are being driven for economic reasons 80
Therefore the correct answer is 80

What is Economic Reasons?

The increase in production of goods and services from one period to the next is called economic growth. As a result, the prices of these products and services increase, which increases the profits of the companies. It has a snowball effect, often resulting in higher stock prices and more jobs. Both businesses and consumers can invest more money in new projects. As a result, economic growth is one of the most important, if not the most important, indicators. Economists quantify it in nominal or real terms and take inflation into account. A country's Gross Domestic Product (GDP) or Gross National Product (GNP) is a classic way to quantify overall growth (GDP).

To learn more about Economic Reasons

https://brainly.com/question/25745683

#SPJ4

Incomplete Question

O*NET lists the following tasks as common task assignments for construction managers: A. Telephone, C. Balance, and E. Exposed to total body vibration.

The right person within the project team can be assigned tasks using the work assignment tool in project management software. The job or project must be allocated to a resource before it can be completed, whether it is adding a new task or creating a new project.

The following considerations should be made while giving your staff duties to complete:

Do positive delegation.

Make the proper choice.

Get opinions.

Fix a due date.

Provide guidance and instruction.

Give people authority.

Think about the various facets of control.

To Know more about  delegation

https://brainly.com/question/10594256

#SPJ9

Answer:B,C,E,G

Explanation:Trust, I did it.

Things domino’s most likely to do next ask its customers for unique topping suggestions.

A customer is a person or commercial enterprise that purchases any other company's goods or services. Customers are important because they force revenues; without them, businesses can't continue to exist.

Regardless of what industry you are in or what styles of products and services you promote, your purchaser is the maximum critical part of your business. Without the customer, you do not see any sales. As a result, they may be a critical aspect while developing your advertising messaging and approach.

The key to the right customer support is constructing the right relationships with your clients. Thanking the customer and promoting a tremendous, useful, and friendly environment will ensure they leave a great impression. A satisfied purchaser will return regularly and is probably to spend extra.

Learn more about customers here https://brainly.com/question/12831236

#SPJ4

At Point A in the production opportunities graph shown above, the economizing is not using its resources efficiently.

Not all points on the curve are Pareto efficient, however; only in the case where the frontier rate of conversion is equal to all consumers' marginal rate of substitution and hence equal to the percentage of prices will it be unthinkable to find any trade that will make no customer worse off. The PPF indicates that the production of one thing may improve only if the production of the other commodity subsides.

To learn more about Pareto efficient visit the link

https://brainly.com/question/13274440

#SPJ4

The result of this oversight is that obligations are underestimated.

Adjusting Journal is an accounting journal that is used to make adjustments to certain account balances or post transactions to match the actual situation in the process of preparing financial statements. Examples of adjusting entries for merchandise inventory and office supplies. Adjusting entries are used by trading, service, manufacturing and other entities.

The basic concept of adjusting entries is the basic accounting concept used as the basis for making adjusting entries.

Examples of transactions recorded in adjusting entries are:

You can learn more about Adjusting Journal here brainly.com/question/14895809

#SPJ4

"Our politicians have aggressively pursued a policy of globalization—moving our jobs, our wealth, and our factories to Mexico and overseas. Globalization has made . . . politicians very wealthy. But it has left millions of our workers with nothing but poverty and heartache." Three models of representative democracy that have been used to describe American democracy are participatory, pluralist, and elite.

In a democracy, the populace has the power to decide on legislation and conduct deliberations. The first democracies were established by the ancient Greeks. The Greek words for people (demos) and rule (kratos) are where the word "democracy" originates. Supporting democracy helps build a more secure, stable, and prosperous global environment where the United States can advance its national interests in addition to advancing such core American values as worker rights and freedom of religion. Democratic Principles The principles or ideals that define a fair society, such as democratic rule of law, freedom of speech, equality before the law, and social justice.

Note that the full question is:

Describe the model of democracy that is best represented in the quotation. The elite model, in which the elites have a disproportionate amount of influence in the policy-making process "Our politicians have aggressively pursued a policy of globalization—moving our jobs, our wealth, and our factories to Mexico and overseas. Globalization has made . . . politicians very wealthy. But it has left millions of our workers with nothing but poverty and heartache." —Donald Trump, 2016

Learn more about democracy https://brainly.com/question/3710021

#SPJ4

The subject property and the dependability, quality, and amount of the data used in the methods to value are taken into account in the appraisal process' last step, which also involves analysis.

What is the objective of analysis?

Breaking down a complicated subject or thing into simpler components to better understand it is the process of analysis. Analysis as a formal idea is a relatively new discovery, yet the technique has been used in the study of mathematics and logic since before Aristotle (384–322 B.C.).

What is analysis and what types are there?

Descriptive analysis neatly presents your data and provides a summary of the available data. You can learn more about correlations and relationships between your data's variables by using exploratory data analysis. With a smaller sample size of data, inferential analysis can be used to generalize to a larger population.

To know more about analysis.

https://brainly.com/question/890849

#SPJ4

joe's opportunity cost of using a bedroom as a home office would increase.

Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them. Making smarter decisions requires an understanding of the possible possibilities lost when a company or person choose one investment over another.

The main distinction between the two is that opportunity cost compares an investment's actual performance to another investment's real performance whereas risk compares an investment's actual performance to the predicted performance of the same investment.

To learn more about opportunity cost from given link

https://brainly.com/question/1549591

#SPJ4

The statement explains whether Brenda is correct is Brenda is not correct because the total value of her assets could be less than the liabilities.Thus option C is correct.

An asset is considered as a resource of the business which has an economic value in the future of the business and helps business activities to take place smoothly.

Brenda is not correct because the total value of her assets could be less than the liabilities as the calculation of assets will be done as-

Assets=Liabilities +Owner’s Equity

This implies that the double entry rule is followed. An accounting entry error is indicated if the balance sheet created does not match.

Therefore, option C is appropriate.

Learn more about assets, here:

https://brainly.com/question/14404094

#SPJ4

The complete question is-

Brenda created this personal balance sheet. brenda's balance sheet assets liabilities jewelry food wages health insurance commission rent bank account tips total total brenda says her assets are definitely greater than her liabilities. which explains whether brenda is correct? brenda is correct because she has five assets and only three liabilities. brenda is correct because all the items should be in the assets column of the balance sheet. brenda is not correct because the total value of her assets could be less than the liabilities. brenda is not correct because she needs to list more liabilities.

A stakeholder orientation allows redefining the marketers’ focus by encouraging them to widely not forget those entities most impacted through the marketers’ moves. the one's entities include employees, providers, regulators, shareholders, customers, and the network.

A marketer is someone who promotes an organization's products and services. They parent out the strategies which could increase sales and sales whilst making sure these techniques are aligned with the wishes of the customers in addition to the market call. entrepreneurs are chargeable for growing and executing techniques to sell manufacturers, products, and services, maximizing profits for the enterprise. They monitor trends and increase pricing strategies and advertising campaigns.

Good marketers are strategic with their time and sources, especially when you consider that there are a lot of one-of-a-kind channels to apply and types of content to provide. they are also astute leaders, driving enterprise increase while they specialize in information and creativity, balancing more than one channel and operating in a quick-paced environment.

Learn more about marketers here:

brainly.com/question/25754149

#SPJ4

Price is the biggest and most important direct determinant in a market for aspects like distribution, producers, and the consumers in the market at large.

Price of a product, in an economy, can be referred to or considered as the rate at which a particular quantity of such product is demanded and supplied in the market in which such price prevails.

Higher price attracts producers and distributors, while lower price of a product in a market will attract a larger number of customers to buy such product.

Therefore, the significance regarding price has been aforementioned.

Learn more about price here:

https://brainly.com/question/14265528

#SPJ1

Answer:

there is a direct relationship between price and the quantity supplied.

Explanation:

If price rises, supply will rise because suppliers will see the opportunity to earn more profit.

If price falls, supply will fall due to low opportunity of profit to the suppliers.

If your customer owns real property in the county and the assessed value is 80% of the current market value of $150,000, the annual tax is $1800

15 x 0.001=0.015

8 x $150,000=120,000

120,000x.015=$1800

Another way to calculate the number of tax during this example is to multiply your assessed value by 0.0185. Using the millage rate above, a home assessed at $300,000 would have a bill of $5,550. The formula is: Assessed value ($300,000) x millage rate (1.85%, or 0.0185) = land tax ($5,550). To calculate the mileage, or mill rate, a possessor divides the quantity of mills by 1,000.

As an example, say a neighborhood taxing authority encompasses a mill rate of 15 on the assessed value of holding in its jurisdiction. That puts the capital levy rate at 1.5% before any county taxes adjustments or exemptions. To calculate your individual property's effective charge per unit, all you have got to try and do is divide your annual invoice by what you estimate to be the value of your property.

The assessed value estimates the reasonable value for your home. it's based upon prevailing local realty market conditions. Multiply the value of your item or service by the county taxes charge per unit. If you have got a charge per unit as a percentage, divide that number by 100 to induce the charge per unit as a decimal. Then use this number within the multiplication process.

learn more about county taxes: https://brainly.com/question/25844719

#SPJ4

What is blown away by the wind is an unexpected, worthless, or sudden profit or advantage. The annual interest rate is the annual interest rate, assuming interest is compounded each year. For example, a $10,000 loan with an annual interest rate of 5% will cost you $500. The annual interest rate is applicable only to the principal loan amount.

Loan interest rates are usually quoted at an annual rate known as the Annual Rate (APR). Interest rates may also apply to amounts earned from bank or credit union savings accounts or certificates of deposit (CDs).

Interest is the amount a lender charges a borrower in addition to the principal amount. In terms of recipients, those who deposit money in a bank or financial institution also get an additional income known as interest received from the depositor, given the time value of the money.

Learn more about  interest rates here

https://brainly.com/question/25793394

#SPJ4

$15,754,552.39 less would be the 10th year in comparison to the 60 billion.

Comparison, often known as comparing, is the process of determining how much the relevant, comparable properties of two or more items are similar, distinct, and one another. When characteristics vary, it is possible to examine the differences to determine which feature is best for a certain application. A comparison describes the differences and resemblances between two objects. Anything that is being compared must have sufficient qualities in common with the other object to be useful. The phrase "comparing apples and oranges" refers to the attempt to compare two objects that are too dissimilar to be usefully compared. The use of comparison is pervasive in society, science, and the arts.

Explanation:

Initial value of the budget= $60 m

Growth rate= -3%

Value after 10 years= Initial value*(1+g)^n

=60*(1-3%)^10

=60*0.7374241269

=44.24544761 million

=44245447.61

Amount saved= $60000000- 44.24544761

=60000000-44245447.61

=$15,754,552.39

To learn more about comparison ,visit:

https://brainly.com/question/14047951

#SPJ4

Cost-benefit analysis entails totaling up all expenses associated with a project or decision and deducting that sum from all anticipated benefits. (This value is sometimes shown as a ratio.)

Comparing the anticipated or predicted costs and benefits (or opportunities) connected with a project choice in order to assess whether it makes sense from a business standpoint is known as a cost-benefit analysis.

The type of data-driven decision-making that is most frequently used in business, both at established organizations and startups, is cost-benefit analysis. Whether a decision is made for business purposes or not, it can be made using the basic ideas and framework.

Before making important organizational decisions, conducting this type of analysis has major financial advantages. Analyses allow you to separate out important data, such as the value chain of your company or the ROI of a project.

To learn more about cost-benefit analysis visit:

https://brainly.com/question/12545486

#SPJ4

The Stockholders’ equity as of October 31, 20Y2 is: $546,270.

Using this formula

Stockholders’ equity =Assets - Liabilities

Where:

Assets= $798,640

Liabilities= $252,370

Let plug in the formula

Stockholders’ equity =$798,640-$252,370

Stockholders’ equity =$546,270

Therefore the Stockholders’ equity as of October 31, 20Y2 is: $546,270

Learn more about  Stockholders’ equity here:https://brainly.com/question/14032844

#SPJ1

The complete question is:

captivating inc. is a motivational consulting business. at the end of its accounting period, may 31, 20y2, captivating inc. has assets of $798,640 and liabilities of $252,370. using the accounting equation and considering each case independently, determine the:

Stockholders’ equity as of October 31, 20Y2.

A small percent of international combinations fall short of their objectives and the majority is not continue operating for several years. So the correct answer is False.

What do you mean by Percentage?

The term "percent" comes from the Latin per centum, which means "hundred" or "by the hundred." The symbol for "percent" evolved from the Italian expression per cento, which means "for a hundred." The "per" was frequently shortened as "p." and finally vanished entirely. The "cento" symbol is constructed from %. Percent modifications applied progressively do not add up as expected.

To learn more about percent

https://brainly.com/question/24877689

#SPJ4

Cellulose has rigid α−1,4 glycosidic linkages while starch has less inflexible β−1, four glycosidic linkages. c. Cellulose has amylose and amylopectin, making it greater inflexible than starch.

Cellulose is a natural compound with the formulation ₙ, a polysaccharide inclusive of a linear chain of numerous hundred to many lots of β-related D-glucose gadgets. Cellulose is a vital structural factor of the primary cell wall of inexperienced flowers, many styles of algae, and the oomycetes.

Cellulose is a fiber observed in fruits, vegetables, and other plant ingredients as a part of a plant's mobile walls. it is discovered in tree bark and a plant's leaves. while you devour plant foods, you're eating cellulose.

Learn more about cellulose here:https://brainly.com/question/25118189
#SPJ4

A small clothing company currently Production  50,000 shirts and blouses per month. His factory, raw materials, and labor costs are $500,000 per month. If the company was asked to increase production by 5,000, which would cost him $100,000 in additional labor and raw materials, his best estimate of the cost of the increase would be $100,000.

Most of us think he's on his way to making a million dollars and becoming an overnight star. But the reality is that apparel profit margins are notoriously low. Industry analysts expect profit margins to be between 4% and 13%. This means that for every $100 you invest, you get back $104 to $113.

Production is the process of making or producing goods or products from raw materials or parts. In other words, production takes inputs and uses them to produce outputs suitable for the consumption of goods or products of value to end-users or customers.

Learn more about Production  here

https://brainly.com/question/16755022

#SPJ4

The sales level at which the contribution margin equals fixed costs, with no profit or loss for the company, is known as the break-even point. To turn a profit, a company must surpass the break-even point.

Fixed costs are expenses that remain constant regardless of whether sales or production volumes rise or fall. This is so because they are not involved in the actual process of producing a good or providing a service. Fixed costs are therefore regarded as indirect costs.

Over a given time frame, fixed costs are constant. Depending on the company's output, variable costs may go up or down. Rental fees, taxes, and insurance are some instances of fixed costs. Direct labor, commission, and credit card fees are a few examples of variable costs.

Given that -

Selling Price = $40

Contribution Margin = 30%

Variable Expenses per unit = Selling Price ∗(1- Contribution Price )

Variable Expenses per unit = $40∗(1 -30%)

Variable Expenses per unit = $40∗(1 -0.30)

Variable Expenses per unit= $40∗(0.70)

Variable Expenses per unit= $28

The number of units for break-even be x

We know that at break-even point,

Total Contribution Margin=Fixed Expenses

Sales - Variable Expenses=Fixed Expenses

$40x - $28x= $18000

[tex]x=\frac{180000}{12}[/tex]

x=15000 units

To learn more about the fixed cost , Visit: https://brainly.com/question/14597388

#SPJ4

As a result, given the circumstances, the reason he did not get the dividend is that he bought the stock on or after the ex-dividend date.

A dividend is a payment made by a corporation to its shareholders that is decided by the board of directors. Dividend payments are frequently made quarterly and might take the form of cash payments or stock reinvestments. The dividend yield, which is the dividend per share, is stated as a percentage of the share price of a corporation, for example, 2.5%. If a common shareholder of a dividend-paying company owns the shares on the ex-dividend date or earlier, they are eligible to receive a payment.

Raheem would not be entitled for the dividend if he bought the stock on or after the ex-dividend date because the dividend is only paid to investors who bought the stock before that date.

To know more about Dividend visit:

https://brainly.com/question/2960815

#SPJ4

In industries in which a trading partner has a comparative advantage, domestic firms typically lose market share.

Market share is the portion of a company's business that represents the entire revenue or sales in a market. For instance, if an industry sells 50,000 units annually, a company selling 5,000 of those units would hold a 10% share of the market.

"Because this will show if expectations are to be met by growing with the market or by stealing share from competitors, marketers need to be able to translate and incorporate sales targets into market share. The latter is usually always more challenging to accomplish. Market share frequently influences strategic or tactical action and is regularly watched for any indications of shifts in the competitive environment."

Explanation:

(i)A free trade agreement is a pact between two or more nations to lower export and import restrictions between the parties.

(ii)Free trade agreements may result in decreased output and the loss of American jobs in some sectors since domestic companies often lose market share in sectors where a trading partner has a comparative advantage.

(iii)This means that the trading partner can create the goods at the lowest opportunity cost if it possesses comparative advantage methods. As a result, the trading partner nation produces a greater number of commodities at the lowest possible cost, increasing the likelihood of trade. As a result, it lowers American production, which results in the loss of market share and jobs for Americans in several industries.

To learn more about market share ,visit:

https://brainly.com/question/15609241

#SPJ4

There is no loss of deadweight.

WHAT IS DEADWEIGHT LOSS?

The gap between the production and consumption of any given good or service, including taxes, is referred to as deadweight loss in economics. Deadweight loss is most frequently detected when the quantity generated compared to the quantity consumed deviates from the ideal surplus concentration. This discrepancy in the amounts represents the quantity that is being wasted or not being consumed, causing a loss. As a result, both producers and consumers are to blame for this "deadweight loss" since neither group benefits from the excess of total production.

Deadweight loss brought on by a rigid price cap. Despite the fact that the consumer surplus may or may not rise, the production surplus always declines.

to know more about Deadweight loss

https://brainly.com/question/27550389

#SPJ4

When accident damages total at least $1000 to one person's property, uninsured drivers' licenses and vehicle registrations are suspended.

Unlicensed drivers are unapproved for a reason. Unlicensed drivers have either ignored safety regulations, driven while impaired by alcohol, chosen not to maintain proper insurance coverage, previously posed a substantial risk to others on the road and possibly seriously injuring or killing someone with a moving vehicle, or they have haven't ever received full driver's education covering traffic laws. Simply put, these drivers endanger themselves and others by posing a greater risk to other motorists on the roadway.

Learn more about unlicensed drivers here:

https://brainly.com/question/2033834

#SPJ4

If bob's bakery receives its utility bill of $800 for the month and pays it immediately. The transaction in the accounting equation is:  Increase Expenses and decrease Cash.

The transaction when recorded using accounting equation will lead to  Increase in Expenses and decrease in Cash.

Expenses will increase because paying for utility bill  is an expenses while the cash will decrease because the company is paying for the utility using cash. Expenses does not increase cash but rather reduce cash while revenue increase cash.

Accounting equation

Increase Expenses $800

Decrease Cash $800

Therefore If bob's bakery receives its utility bill of $800 for the month and pays it immediately. The transaction in the accounting equation is:  Increase Expenses and decrease Cash.

Learn more about Accounting equation here:https://brainly.com/question/24401217

#SPJ1

An organization called Paradigm Media is administered by a group of experts in new media. The company's owners file taxes based on their individual income and are not personally liable. It was a Limited liability partnership/corporation.

The flexibility of a partnership and the limited liability of a company are combined in an alternative type of corporate business structure known as an LLP. Even if the LLP's partners change, it will still exist. It is able to enter into contracts and own property under its own name.

One type of partnership structure that limits some participants' personal liability is the limited partnership (LP). Each partner in a general partnership is nonetheless personally liable for the debts and obligations of the partnership.

Learn more about Limited Liability Partnership here:

https://brainly.com/question/9244934

#SPJ4

Your Question was incomplete most probably your full question was:

Paradigm media is a company run by a group of new media professionals. The owners of the company do not have any personal liability and file taxes based on individual income. What type of business is this?

Limited liability partnership/corporation

Social dimension f the triple bottom line seeks to benefit its employees, the local community, and other entities that are impacted by the firm's existence.

The term "dimension" can be used to describe a feature, appearance, stage, or situation of something. Social, on the other hand, is what connects society: the group of people who live in the same area and adhere to the same laws.

We can comprehend what the social dimension is thanks to these definitions. This is the term of the group of elements involved in the interactions between people and societal life.

The social component might be seen as having to do with how someone is socialized. Humans are social creatures that rely on others to meet their material and symbolic needs. A person must master all of the social tools that are innate to him in order to fully realize himself.

Learn more about social dimension

https://brainly.com/question/7019393

#SPJ4