With Department A. Sales of $200,000, Department B. Sales of $600,000, and overhead expense to be allocated of $25,000, the distribution of overhead to Department A. based on sales is:
A. $6,250
B. $25,000
C. $2,600
D. $18,750
E. None of these
Answer: A
You might also like to view...
Dissolution is the term which solely means to liquidate the partnership
a. True b. False Indicate whether the statement is true or false
Accounts receivable arising from sales to customers amounted to $40,000 and $32,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $110,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
A) $118,000. B) $110,000. C) $102,000. D) $150,000.
When Disney seeks to attract European families by advertising specially priced tourist packages, what global marketing environment factor are they using?
A. lowered trade barriers B. income distribution levels C. currency fluctuation D. cultural fit E. international economic cooperation
Nobula Corp is preparing their budget for the second quarter and provides the following data
Apr May Jun Budgeted purchases of direct materials $20,000 $24,000 $23,000 Budgeted Cash Payments for Purchases of direct materials Apr May Jun 60% of previous month purchases $6,000 $12,000 $14,400 40% of current month purchases 8,000 9,600 9,200 Total cash payments $14,000 $21,600 $23,600 Assume that accounts payable pertains only to suppliers of inventory. Based on the above data, the amount of Accounts Payable that should be shown in the budgeted balance sheet as of June 30 is ________. A) $23,600 B) $14,400 C) $13,800 D) $9,200