Paltrow Corporation Applies Unit-Related Overhead at the Rate of $100

question 42

Multiple Choice

Paltrow Corporation applies unit-related overhead at the rate of $100 per direct-labor hour.If 3,000 direct labor hours were used,which of the following entries should be made?

• A)debit to finished goods and credit to manufacturing overhead
• B)debit to manufacturing overhead and credit to finished goods
• C)debit to work-in-process and credit to manufacturing overhead
• D)debit to manufacturing overhead and credit to work-in-process

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Definitions:

Psychological Disorders

Mental disorders characterized by significant disturbances in an individual's thoughts, emotions, or behavior.

Natural Selection

A process by which species evolve over time as individuals with traits better suited to their environment are more likely to survive and reproduce.

Survival

The ability of an organism to continue existing and reproducing under changing environmental conditions.

Traits

Enduring characteristics or qualities that define an individual's personality.