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Liula [17]
2 years ago
8

The job order cost system for a service business includes all of the following except a.materials and supplies inventory. b.cost

of services. c.overhead. d.work in process.
Business
1 answer:
ladessa [460]2 years ago
6 0

The job order cost system from a service business excludes material and supplies inventory. Thus, the correct answer is A.

<h3>What is a job order cost system?</h3>

Customers who order little where each batches of goods use a mechanism called job order costing. With the help of this system, the cost of each product is determined.

In this system, it is to make sure that it is affordable enough for customers to buy while also generating a profit for the business. It includes cost of services applied, overhead and work in progress.

Therefore, the option A materials and supplies is the appropriate answer.

Learn more about job costing system, here:

brainly.com/question/14689121

#SPJ1

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George Jefferson established a trust fund that provides $170,500 in scholarships each year for worthy students. The trust fund e
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The returns of a capital amount to a compensation rate for depositing the money, to calculate these returns an interest rate is used by which the deposited capital is multiplied, in this case the rate is 4%.

As the money distributed is only the product of interest, then that money is the result of multiplying the capital by the interest rate, to obtain how much money Mr. Jefferson contributed, the reverse process will have to be done.

Answers

let <em>C</em> be the capital, then :

C\times4 \%  = 170500\\C\times\frac{4}{100}= 170500\\C=170500\times\frac{100}{4}\\C=4262500

The capital contributed by Mr. Jefferson was <em>$4,262,500</em>

3 0
4 years ago
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Answer and Explanation:

The journal entries are shown below:

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