A= $160,200
B= None of these
C= $1,135,000
D=$123,400
E= $329,800
I think the answer is A
A= U.S. firms must submit the data and techniques used for internal decision making to the securities and exchange commission
B= More than one of these choices is correct
C=The financial accounting standard board has legal jurisdiction over companies who have issued securities to the public
D= The internal revenue code is set by the U.S. Congress
E= None of these are correct
I think the answer is D
A= The company did not have an overhead variance because budgeted overhead equaled actual overhead
B= The firm over applied overhead and needs to record a credit to cost of goods sold
C= The firm under applied overhand and needs to record a debit to cost of goods sold
D= there is not enough information to determine whether an overhead variance occurred
E= none of these
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Porte Inc. Customizes sails for sailboats. On 1/1/20, Work-in-process inventory was $60,800. During 2020: product costs...
Porte Inc. Customizes sails for sailboats. On 1/1/20, Work-in-process inventory was $60,800. During 2020: product costs were $453,200, Prime Costs were $230,400, and the cost of goods manufactured was $390,600. Calculate the amount of overhead applied during 2020. A= $160,200 B= None of these C= $1,135,000 D=$123,400 E= $329,800 I think the answer is A Which of the following is true? A= U.S. firms must submit the data and techniques used for internal decision making to the securities and exchange...