Plz answer within an hour Thankyou..... Question 66. Procter & Gamble has two manufacturing departments--Forming and Packaging. The companyused the following data at the beginning of the year to calculate predetermined overhead rates:FormingPackaging TotalEstimated total machine-hours (MHs)9,7301,10010,830Estimated total fixed manufacturing overhead cost $57,250 $3,100 $ 60,350Estimated variable manufacturing overhead cost per2$2.25 $2.15MHDuring the most recent month, the company started and completed two jobs--Job 1 and Job 2.There were no beginning inventories. Data concerning those two jobs follow:Job 1Job 2Forming machine-hours5,7003,100Packaging machine-hours430570Assume that the company uses a plantwide predetermined manufacturing overhead rate based onmachine-hours. The amount of manufacturing overhead applied to Job 2 is:

Lets understand the basics. Activity rate is required to calculate to allocate overhead cost to…

6. Procter & Gamble has two manufacturing departments--Forming and Packaging. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Forming Packaging Total Estimated total machine-hours (MHs) 9,730 1,100 10,830 Estimated total fixed manufacturing overhead cost $ 57,250 $ 3,100 $ 60,350 Estimated variable manufacturing overhead cost per $ 2.25 $ 2.15 MH During the most recent month, the company started and completed two jobs--Job 1 and Job 2. There were no beginning inventories. Data concerning those two jobs follow: Job 1 Job 2 Forming machine-hours 5,700 3,100 Packaging machine-hours 430 570 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The amount of manufacturing overhead applied to Job 2 is:

6. Procter & Gamble has two manufacturing departments--Forming and Packaging. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Forming Packaging Total Estimated total machine-hours (MHs) 9,730 1,100 10,830 Estimated total fixed manufacturing overhead cost $ 57,250 $ 3,100 $ 60,350 Estimated variable manufacturing overhead cost per $ 2.25 $ 2.15 MH During the most recent month, the company started and completed two jobs--Job 1 and Job 2. There were no beginning inventories. Data concerning those two jobs follow: Job 1 Job 2 Forming machine-hours 5,700 3,100 Packaging machine-hours 430 570 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The amount of manufacturing overhead applied to Job 2 is:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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1 2 m 4n 07 9. White 9 A Talk S Aint Ia O ENG 10 O Annota S Annota SAnnota M Recibic I Downl ssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false 台☆* + Facebook 6 Student Center Bb Blackboard WhatsApp Ggrammarly unemployment > |国Readi Maps Zoom Mark Turney owns Creative Corners. He does his banking at United Federal Bank (UFB) in Tucson, Arizona. The amounts in his general ledger for payroll taxes and the employee's withholding of Social Security, Medicare, and federal income tax as of April 15 of the current year show the following: Social Security tax payable (employer and employee), $3,020; Medicare tax payable (employer and employee), $734; FUTA tax payable, $84; SSUTA tax payable, $414; and Employees income tax payable, $4,622. Journalize the payment of the Form 941 deposit to UFB and the payment of the SUTA tax to the State of Arizona as of April 15, 20--. If an amount box does not require an entry, leave it blank. Page: POST. DATE DESCRIPTION…
- Homework A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Ffaytechcc.blackboard.co... E User Management,.. H https://outlook.offi.. O FES Protection Plan System 7- North C.. 用Re mework Exercises i Soved Help Save & Exit Submit Check my work Required: Record the following transactions of Fashion Park in a general journal, Fashion Park must charge 6 percent sales tax on all sales. The company uses the perpetual inventory system. (Round your intermediate calculations and final answers to the nearest whole dollar value.) DATE TRANSACTIONS 20X1 Sold merchandise for cash, $2,540 plus sales tax. The cost of merchandise sold was $1,540. The customer purchasing merchandise for cash on April 2 returhed $270 of the merchandise; provided a cash refund to the customer. The cost of returned merchandise was $170. Sold merchandise on credit to Jordan Clark; issued Sales Slip 908 for $1,090 plus tax, terms n/30. The cost of the merchandise sold was…
X File 5 e L2 1 2 5 AutoSave Undo V 6 Home Paste Off H Partnership Homework Problems ✓ 19 20 21 22 23. 24 25 26 Insert (B Ready Page Layout Calibri Clipboard ✓: X✓ fx C B IU Date Sept 20 2021 45°F Rain coming V Total Assets Total Liabilities Total Equity Formulas A B D *** All amounts should be calculated using formulas *** Problem 1. Accounting for partner contributions Problei.. Accessibility: Investigate U V Font 11 Y cash Land V TUDIVITIE Data Review A A ~A~ Equipment F a) Journalize the partnership's receipt of assets and liabilities from Billy Bob and Junior. Accounts and Explanations == Notes payable Billy Bob Capital Junior Capital == View G ab Accessibility recommendations found. Click here to investigate. Help y Billy Bob and Junior want to develop a water park in Colorado. On Sept 20, 2021 Billy Bob contributes $2,000,000 4uuuuuu and land with a current market value of $7,500,000. When Billy Bob purchased the land it cost $5,500,000. The partnership will also take over a…