Answer:
Allocated overhead for july $227.20
Explanation:
Given data:
direct labor hours is 6100 hr
wages of labor is $14.20/hr
manufacturing overhead is $277,184
duration of labor is 5 hr
overhead allocation rate is given as
allocation rate = manufacturing overhead/ direct labor hour
allocation rate / direct labor hr
Allocated overhead for july
Jeremy is experiencing companies with foreign marketing.
What is Foreign marketing?
- An international marketer is a marketing expert who is in charge of global commercial strategies.
- They create and implement business and marketing strategies to promote the services and products of their clients or organizations in diverse worldwide markets.
- The first step in international marketing is identifying the suitable market in which the exporter can sell his goods financially because each market is different and no one person can sell his product in every market around the globe.
<h3>Solution -</h3>
In the given situation Jeremy has developed local distribution and service reps in three foreign markets doing social marketing.
Therefore, Jeremy is experiencing companies with foreign marketing.
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The dividend yield of a company that paid $0.76 in cash dividends per share is equal to 2.87%.
<u>Given the following data:</u>
- Earnings per share, EPS = $4.48.
- Market price per share = $26.50.
<h3>What is EPS?</h3>
EPS is an acronym for earnings per share and it can be defined as the portion of a business firm's profit that is allocated per outstanding share of common stock of the business firm, so as to serve as a profitability indicator.
In Business management, the dividend yield of a business firm can be calculated by using this formula:
Dividend yield = Cash dividends/Market price per share × 100
Dividend yield = $0.76/$26.50 × 100
Dividend yield = 0.0287 × 100
Dividend yield = 2.87%.
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The teacher will most likely discover the various sources that Devin stole from
Answer:
a. Journal Entry to record the jobs completed:
Debit Finished Goods Inventory $178,710
Credit Work in Process $178,710
To record the jobs completed.
b. The cost of the unfinished jobs at August 31 is:
= $23,080
Explanation:
a) Data and Analysis:
Work in Process
Account Titles Debit Credit
Balance, August 1 $8,920
Direct materials 72,520
Direct labor 78,230
Factory overhead 41,120
Finished goods inventory $178,710
Balance (unfinished jobs) 23,080
Total $201,790 $201,790
Jobs finished during August are summarized as follows:
Job 210 $36,140
Job 216 22,090
Job 224 42,170
Job 230 78,310
Total $178,710
a. Journal Entry Analysis to record the jobs completed:
Finished Goods Inventory $178,710 Work in Process $178,710
b. The cost of the unfinished jobs at August 31 is:
= Total of work in process Minus Finished Goods
= $201,790 - $178,710
= $23,080