A Manufacturing Company Applies Overhead Based on Direct Labor Hours $\begin{array}{llr} \text { Overhead } &720,000\\ \text { Cash } &&720,000\\ \end{array}$

question 179

Multiple Choice

A manufacturing company applies overhead based on direct labor hours.At the beginning of the year,it estimated that overhead costs would be $720,000 and direct labor hours would be 90,000.Actual overhead costs incurred were $754,400,and actual direct labor hours were 92,000.The entry to assign overhead costs during the year would be

• A)
• \(\begin{array}{llr}
• \text { Overhead } &720,000\\
• \text { Cash } &&720,000\\
• \end{array}\)
• B)
• \(\begin{array}{ll}
• \text { WIP Inventory } & 736,000 \\
• \text { Overhead } & & 736,000
• \end{array}\)
• C)
• \[\begin{array} { l }
• \text { Cash } & 754,400 \\
• \text { Overhead }&& 754,400
• \end{array}\]
• D)
• \[\begin{array} { l l }
• \text { Overhead } & 754,400 \\
• \quad \text { WIP Inventory } && 754,400 \\
• \end{array}\]

Understand the role of the counselor and treatment components in psychotherapy effectiveness.

Grasp the effectiveness of different research designs in psychotherapy outcome research.

Differentiate between various outcome research strategies and their application.

Comprehend the significance of treatment integrity in research studies.

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Definitions:

Total Market Value

The aggregate valuation of a company or asset in the marketplace, based on current share price and the total number of outstanding shares.

Reasonable Level

A term often used in finance and economics to describe an equilibrium or average measure that is considered acceptable under given conditions.

Capital Budget

The planning process used by a company to determine whether its long-term investments or projects are worth pursuing.

Dividend Per Share

The sum of declared dividends for every share of common stock issued, divided by the number of outstanding shares.