Figure 4-7 the Cherokee Company Uses a Predetermined Overhead Rate

question 25

Multiple Choice

Figure 4-7 The Cherokee Company uses a predetermined overhead rate. The following accounts have these unadjusted balances:
Refer to Figure 4-7. If Manufacturing overhead was $12,000 overapplied and considered material, what is the journal entry?

• A) Cost of Goods Sold $12,000 Manufacturing Overhead $12,000
• B) Manufacturing Overhead $12,000 Cost of Goods Sold $12,000
• C) Manufacturing Overhead $12,000 Raw Materials $2,000 Work in Process $4,000 Finished Goods $1,000 Cost of Goods Sold $5,000
• D) Raw Materials $2,000 Work in process $4,000 Finished Goods $1,000 Cost of Goods Sold $5,000 Manufacturing Overhead $12,000
• E) Manufacturing Overhead $12,000 Work in Process $4,800 Finished Goods $1,200 Cost of Goods Sold $6,000

Recognize the role and impact of neurotransmitters in drug treatment and their effects on mood and behavior.

Identify immediate side effects of antipsychotic drugs.

Understand the use of drugs and other treatments in managing heart irregularities, hypertension, and anxiety.

Differentiate between first-generation and second-generation neuroleptic drugs.

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Definitions:

Unity-of-Command Principle

A principle in management stating that each employee should receive orders from only one superior to avoid confusion and conflict.

Too Many Bosses

A situation in which an employee is required to report to multiple supervisors, often leading to confusion and conflict.

Line of Authority

Refers to the formal hierarchy within an organization that dictates who has the power to make decisions and who reports to whom.

Strategic Orientation

An approach or planning framework that aligns an organization's resources and activities with its long-term goals and competitive environment.