Before making its closing entries at the end of the year, Acme Company’s manufacturing overhead account has a debit balance of $23,500. During the year, the total amount of manufacturing overhead applied to jobs is $400,000, of which $280,000 is included in cost of goods sold, $88,000 is included in ending finished goods inventory, and $32,000 is included in ending work in process inventory. Assuming the amount in the manufacturing overhead account is material, the entry to correct the overapplied or underapplied manufacturing overhead will include a:

Acme Company makes and sells a single product called a widget. Acme’s income statement for the current month is as follows: Each widget sells for $150. Variable selling expenses are $9 per widget, and the remainder of the selling expenses are fixed. Variable administrative expenses are 7% of sales revenue, and the remainder of the administrative expenses are fixed. Assume “Y” equals the total selling and administrative expenses and “X” equals the total number of widgets sold. What is the mixed cost formula for total selling and administrative expenses?

Using multiple forms of supporting material during a presentation usually has the effect of:

Acme Company makes the following estimates for the upcoming year: total annual manufacturing overhead costs of $810,000, total annual direct labor hours of 25,000 hours, and total annual machine hours of 40,000 hours. Acme’s direct labor costs are $36 per hour. Which of the following overhead rates accurately reflects Acme’s expected overhead costs?

Why is a shorter version of a presentation often more effective than a longer version of that same presentation?

Marvin is trying to create a comforting and shared experience with the audience during the eulogy of his close cousin, Gale. How could Marvin best create this experience?

Lars was preparing his speech on the benefits of long-term-care insurance. “I’m going to lead with this first argument in favor of buying these plans, then move to these other three arguments in favor, then show this video clip of an expert advocating these plans, then finish with my two best arguments to convince the audience that this is a good idea!” “But when are you going to present the opposing view?” asked his roommate, Torsten. “Oh, I’m not,” Lars replied. “I’m going one-sided all the way. That’s the most effective approach.” “Well…” Torsten began. What does Torsten know that Lars doesn’t?

“True patriots support democracy!” the political candidate inveigled. “Freedom, liberty, justice . . . these are principles for which we stand! A person without patriotism is like a person without a soul!” Although these words sound powerful, what problem do they share?

Ethical questions arise:

Megan’s baby is crying and she is trying to understand why. Megan would be making the fundamental attribution error if she were to conclude that her baby