Ivade, Inc. uses a predetermined overhead allocation rate of $75 per direct labor hour. In January, Ivade completed Job B23, which utilized 20 direct labor hours. Provide the journal entry to allocate overhead to the job
What will be an ideal response
Work-in-Process Inventory 1,500
Manufacturing Overhead 1,500 .$75 per DLHr x 20 DLHrs = $1,500
Business
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Skills are
a. a major source of individual differences on the jo b. b. closely tied in with sex-role differences. c. more related to factory than office work. d. learned on the job rather than in school.
Business
Income statement projections realistically ________ in the first few months of operations
A) Break even B) Show medium profits C) Show large profits D) Show small profits E) Show losses
Business