Cost drivers are those items which cause actual overhead to exceed applied overhead.

Job costing systems are appropriate to both manufacturing and service businesses.

In a service business, indirect costs of providing a service are treated as overhead and applied in a manner similar to that for factory overhead.

Debit Balance

No Balance

None of these

Cost of Goods Sold

Factory Overhead

Income Summary

debit Dividend Expense, credit Cash

debit Dividends, credit Dividend Payable

debit Retained Earnings, credit Dividend Payable

$800

$1,600

$10,800

dividing the estimated factory overhead by the estimated application base.

dividing estimated per unit factory overhead by the sum of the per unit cost for direct labor and direct materials.

dividing the estimated application base by the estimated factory overhead.

Federal Bureau of Investigation.

General Accounting Office.

Internal Revenue Service.

cross your checks 'Account Payee only, Not Negotiable'

not use the postal service in future

always pay by cash

Debit supplies, $950; credit supplies expense, $950

Debit supplies expense, $950; credit supplies, $950

Debit supplies expense, $1,300; credit supplies, $1,300

Debit Cash, Credit Interest Revenue

Debit Bank Charge Expense, Credit Cash

Debit Insurance Expense, Credit Cash