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Account Homework Questions?
1. Canberra Company uses a job order cost accounting system. During the current month, the factory payroll of $180,000 was paid in cash. The amount of labor classified as indirect labor was three times greater than the amount classified as indirect labor. What amount should be debited to Factory Overhead for indirect labor for this month? a$135,000 b$180,000 c$45,000 d$60,000 e$20,000 2.Austin Company uses a job order cost accounting system. The company's executives estimated that direct labor would be $2,000,000 (200,000 hours at $10/hour) and that factory overhead would be $1,500,000 for the current period. At the end of the period, the records show that there had been 180,000 hours of direct labor and $1,200,000 of actual overhead costs. Using direct labor hours as the allocation base, calculate the under or over applied overhead for the period. a$150,000 overapplied. b$150,000 underapplied. c$300,000 underapplied. d$300,000 overapplied. e$200,000 underapplied. 3.If one unit of Product X used $.75 of direct materials and $6.00 of direct labor, sold for $12.00, and was assigned overhead at the rate of 20% of direct labor costs, how much gross profit was realized from this sale? a$12.00 b$6.75 c$.75 d$1.20 e$4.05 4.During last period, a company's overhead rate was 150% of direct labor cost. This caused factory overhead to be $10,000 overapplied. Use the following incomplete accounts to determine the cost of goods sold. http://i44.tinypic.com/122koyb.png a$130,000 b$170,000 c$40,000 d$60,000 e$90,000 5. Using the following accounts and an overhead rate of 80% of direct labor cost, determine the amount of applied overhead. http://i44.tinypic.com/16bd64k.png a$135,000 b$75,000 c$60,000 d$101,000 e$17,000

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I was falsely accused of stealing when i paid for my item?
Okay here's the story, On super bowl sunday i went into HEB and placed an order for my daughters birthday cake. I asked the Baker is it alright if i pay for the cake now so i can just walk in and pick it up worry free. He said ''yes that is fine'' rang it up and everything was done. A week went by and it was Saturday the day of the party. My husband thought itd be cool to wear his elmo costume out with our daughter. No other store had a problem with him being dressed up because come on now for god sakes its a 2 year old's birthday! Any way we walked into HEB to pick up the cake and this one extremely rude manager told us that we needed to hurry up pick up the cake and leave because of the costume. So we did, i give it another 5 mins after we had walked out that same jerk manager walked outside and said so were you planning on paying for that cake. I told him that it was already paid for and he then cut me off and said no no no no this is a police matter now. So i walked into the store with him and i told my husband to take our daughter home but he stayed to see what was going on even though the manager didn't let my husband in the room either (note: my husband had already taken the costume off). Turns out the manager was loss prevention, and he kept asking why i walked out with the cake and i told him i had paid for it but if there was a mistake with the payment id be more than willing to pay for it. He said no that this is theft and called the police. I was there for 3 hours! During those three hours the loss prevention guy kept asking for my name and id but i told him no that i would greatly cooperate with the officer but not him. Officer came in and i told him the story, i didnt have the cake receipt with me but i knew i had it on my bank statement at home. When we asked loss prevention to pull up footage from super bowl sunday he said no he couldnt do that, then we asked if he could look in their account system cause i knew what card i used and he said no! I even asked him to go get the order form and the baker from the bakery and he said no! He falsely accused me, made me stay there for 3 hours, i missed my own daughters birthday because of this and now i have to go to court. I know im okay for court considering i never go to HEB and the only payment i made was for the cake. But please i need any advice i can get. My record is clean except for this which the officer said that was a good thing i didn't have anything in my record(police was very understanding), I'm an army wife, I'm only 19, A mother of 2. If i was going to start stealing it wouldnt be on my daughters birthday and for a cake! I know way better than that considering i also have my husbands name to protect and not dishonor it. Thank you guys for reading any help i can get would be greatly appreciated! The only reason im scared is because ive never gone through any thing like this before, or ever had the police called on me. Thank you all for answering its really helped!

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The chart of accounts, the journal, and the ledger are essential parts of the accounting system.?
true or false

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