Corporate support functions such as IT and Accounting are accounted for in what type of...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Corporate support functions such as IT and Accounting are accounted for in what type of responsibility center?
cost center
investment center
profit center
revenue center
A company uses direct labor hours as its allocation base and has computed a predetermined overhead rate of $12.50 per direct labor hour.
Actual manufacturing overhead was $225,000, and actual direct labor hours were 19,000 hours.
Which of the following statements is correct?
Overhead is over applied by $12,500.
Overhead is under applied by $25,000.
Overhead is over applied by $25,000.
Overhead is under applied by $12,500.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.