For Sheridan Company, the predetermined overhead rate is 125% of direct labor cost. During the month, Sheridan incurred $104,000 of factory labor costs, of which $80,500 is direct labor and $23,500 is indirect labor. Actual overhead incurred was $105,225. (a1) Compute the amount of manufacturing overhead applied during the month. Manufacturing overhead applied $

Q: What is crj

A: Crj means cash receipt journal .

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Q: What is Gordon model?

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Q: Definition of Marco

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Q: What is BATNA?

A:

Q: anuty What general internal control v

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A: Security Market Line (SML):The Security Market Line (SML) is a graphical representation of the…

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A: Accrued interest is the interest that is accrued over the period.

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Q: What is CAPM? How about APT?

A: CAPM and APT are two common models for pricing used in finance. These are explained below.

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Q: What is PNL?

A: The term PNL is used in accounting, finance, and business to refer profit and loss.

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Variance Analysis

In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance. 

Standard Costing

The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.