Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 30, 2024

Given that sales are R12 500 000. Factory overheads take 15% of sales. Using percentage on sales method, factory overheads are: A. R2 450 000

Given that sales are R12 500 000. Factory overheads take 15% of sales. Using percentage on sales method, factory overheads are:

A. R2 450 000

B. R2 450 000

C. R1 035 000

D. R1 875 000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting And Reporting

Authors: Mr Barry Elliott, Jamie Elliott

16th Edition

027377817X, 978-0273778172

More Books

Students also viewed these Accounting questions

Question

★★★★★

(a) In the Wheatstone bridge circuit of Fig. 4.147 select the values of R1 and R3 such that the bridge can measure Rx in the reange of 0-10 Î©. (b) Repeat for the range of 0-100(. 50

Answered: 1 week ago

Question

★★★★★

Assess your own assumptions with regard to these paradigms and articulate which paradigm reflects your own worldview.

Answered: 1 week ago

Question

★★★★★

=+ c. Why do you suppose this result is called the paradox of thrift?

Answered: 1 week ago

Question

★★★★★

Tucson Machinery, Inc., manufactures numerically controlled machines, which sell for an average price of $ 0.5 million each. Sales for these NCMs for the past two years were as follows: a. Find a...

Answered: 1 week ago

Question

★★★★★

According to COSO the proper segregation of functions is an effective internal control procedure. Comment on the exposure (if any) caused by combining the tasks of paycheck preparation and...

Answered: 1 week ago

Question

★★★★★

Question 22 (25 points) Deloitte Technologies completed the treasury stock transactions listed below during 2022. March 18: Reacquired 90,000 shares at $54. April 5: Sold 45,000 shares at $60. June...

Answered: 1 week ago

Question

★★★★★

Pharmaceutical Benefits Managers (PBMs) are intermediaries between upstream drug manufacturers and downstream insurance companies. They design formularies (lists of drugs that insurance will cover)...

Answered: 1 week ago

Question

★★★★★

H ng.cengage.com " . s @ MindTap - Cengage Learning ; Rebecca v i: CENGAGE I MINDTAP Q Search this course My Home Problems: Chapters 15 and 16 o X Courses Back to Assignment Catalog and Study Tools...

Answered: 1 week ago

Question

★★★★★

7 . Individual Problems 16-6 Pharmaceutical Benefits Managers (PBMs) are intermediaries between upstream drug manufacturers and downstream insurance companies. They design formularies (lists of drugs...

Answered: 1 week ago

Question

★★★★★

Salazer, a young boy from El Salvador, was raised by grandparents who abused him. He lived in dire poverty and ran with street gangs. When he returned to his parents and sister, he had violent...

Answered: 1 week ago

Question

★★★★★

Attempts 7. Individual Problems 16-6 Average/2 Pharmaceutical Benefits Managers (PBMs) are intermediaries between upstream drug manufacturers and downstream insurance companies. They design...

Answered: 1 week ago

Previous Question Next Question