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Sybil, Inc

Accounting

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1. Sybil, Inc. uses a predetermined overhead allocation rate to allocate manufacturing overhead costs to jobs. The company recently completed Job 300X. This job used 13 machine hours and 4 direct labor hours. The predetermined overhead allocation rate is calculated to be 543 per machine hour. What is the amount of manufacturing overhead allocated to Job 300X using machine hours as the allocation base? O A $172 OB 5559 OC. 5731 OD. 5387

2. The journal entry to record the payroll for a period will include a credit to Salaries and Wages Payable for the gross a. amount less all payroll deductions. amount of all paychecks issued. Ob. oc pay less taxes payable. Od pay less voluntary deductions,
   Question 3 The relationship between current liabilities and current assets is useful in determining income. a. Ob. useful in evaluating a company's liquidity. called the matching principle. ??. useful in determining the amount of a company's long-term debt. O d. A Moving to the next question prevents changes to this answer.