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Savod A company is a manufacturer that completed numerous transactions during the month, some of which are shown below Help a. Manufacturing overhead costs incurred
Savod A company is a manufacturer that completed numerous transactions during the month, some of which are shown below Help a. Manufacturing overhead costs incurred on account, $80,000. b. Depreciation was recorded for the month $35.000 (80% related to factory equipment, and the remainder related to seling administrative equipment). c. Prepaid insurance expired during the month $2,500 (75% related to production, and 25% related to selling and administra d. Applied $119,000 of manufacturing overhead to production during the month. e. Closed over- (or under-) applied overhead to cost of goods sold. Determine the net changes in the Retained Earnings account after recording the above transactions (All answers are whole numbers -- unless specified otherwise. You should NOT include the S sign or a comma. Eo, you should 1000 for one thousand. Negative numbers should be added with a minus sign, e.g. -1000 for a decrease or loss of one thousa. Net changes in Retained Earnings = $[ For 2019, selected results for a company are shown below: Price per unit Net operating income Degree of operating leverage $ 16 $ 10,260 25 With no change in price or cost structure, the company expects the following for 2020 Sales Net operating income $ 183,600 $ 10,773 Given the information above, the number of units sold during 2019 must have been (All answers are whole numbers -- unless specified otherwise. You should NOT include the store.com 1000 for one thousand. Negative numbers should be added with a minus sign, eg 1000 for a decres Sales units in 2019 = In a job-order costing system, manufacturing overhead applied is recorded as a debit to Help Save Multiple Choice 5 decrease the degree of operating leverage. Finished Goods inventory. None of the above Cost of Goods Sold Wory in Proce inuanto 10 of 26 Prev
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