1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
andrew11 [14]
3 years ago
14

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,100 of dir

ect materials and used $3,600 of direct labor. The job was not finished by the end of the month, but needed an additional $2,600 of direct materials and additional direct labor of $5,700 to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. What is the balance in the Work in Process account at the end of September relative to Job A3B?
Business
1 answer:
Zina [86]3 years ago
7 0

Answer:

Total work in process = $12,900

Explanation:

Provided information,

Cost incurred during the month on this order

Direct Materials = $2,100

Direct Labor = $3,600

Provided overheads are 200% of the direct labor cost = $3,600 \times 200% = $7,200

Thus month end balance of work in process = $2,100 + $3,600 + $7,200

Total work in process = $12,900

Note: additional information regarding expenses to be incurred is to be ignored, and the above value is the value of work in process.

Total work in process = $12,900

You might be interested in
You deposit $300 in a bank account that earns 4ompound interest annually. what is the value of your $300 in 10 years?
Sunny_sXe [5.5K]

You deposit $300 in a bank account that earns 4% compound interest annually. $444 is the value of your $300 in 10 years.

Compound interest happens whilst interest gets added to the primary amount invested or borrowed, after which the hobby rate applies to the new (large) principal. it's essential interest in the hobby, which over the years ended in the exponential boom.

Compound interest is while you upload the earned hobby lower back into your important stability, which then earns you even extra interest, compounding your returns. shall we say you have got $1,000 in a savings account that earns 5% in annual interest. In 12 months, you would earn $50, giving you a brand new balance of $1,050.

Learn more about Compound interest here: brainly.com/question/2455673

#SPJ4

5 0
1 year ago
You're attempting to determine the amount of usable floor space in your day care facility. Which one of the following areas can
Serjik [45]
I believe the answer is d. I hope it was right and I helped!
4 0
3 years ago
Which types of food items have labor "built in" to their prices?
LenKa [72]

make or buy items is the best option

3 0
3 years ago
Read 2 more answers
During the Christmas season, stores sell trees and wreaths are applying the ___ utility
Aleks [24]

PLACE.........................................................................

                     

4 0
3 years ago
Identify key components of economic growth and explain how they function in an economy.
Wittaler [7]

Answer:

Explanation:

1) Employment

The development of human capital can play an important role in overcoming unemployment, which is one of the biggest problems of our age. One of the most important components of human capital is the most important education that gives people new knowledge, skills and abilities, or enhances their skills, indirectly increasing their productivity and income. The effects of education on economic development and unemployment levels have been studied by economists much later than in classical production factors. A more detailed analysis of the economic aspects of education has led to a better understanding of labor market revenues, organizational structures and economic development.

2) Industry sector and human development

The mobilization and increase of physical inputs such as labor, material capital and natural resources (the discovery of new natural resources, the shift of existing labor and capital resources across sectors, etc.) in the short-term and long-term impact on economic growth in the manufacturing process. Due to technological progress and more intensive use of human capital in the manufacturing process, the impact of increased productivity on economic growth and development occurs mainly in the medium and long term. Experience of different countries' economic development is a sustainable and sustainable economic growth

It mainly focuses on the development and technological progress of human capital.

3) Development of the agricultural sector

It is a complement to activities that involve land (farming) and animal husbandry for the purpose of acquiring agricultural, plant and animal products. Adequate and high-quality agricultural production, which is one of the main sources of nutrition and income for the population, contributes to human development, with a positive impact on people's health and wellbeing.

4) Trade, Investment Environment and Private Sector Development

There is a significant and significant relationship between the liberalization of trade and the business environment and human development. Economic development practices show that countries liberalizing their foreign trade regime, improving their business environment and opening up to foreign investments will gradually achieve higher human capital potential in parallel with this process. The emergence of a strong human capital reserve, while ensuring the sustainability of economic growth, can also lead to the process of economic growth turning into economic development.

In other words, a favorable business environment will increase human capital investment in the country by increasing the demand for quality labor resources.

4 0
3 years ago
Other questions:
  • Riverboat Adventures pays $120,000 plus $20,000 in closing costs to buy out a competitor. The real estate consists of land appra
    15·1 answer
  • A stock has an expected return of 12.2 percent, the risk-free rate is 6 percent, and the market risk premium is 10 percent. What
    5·1 answer
  • The balance sheet below reflects Zee Bank after its purchase of $50 million in government securities from the Fed. Assume a requ
    12·1 answer
  • Which of the following will probably happen to a product when demand is low? A. The price will go up. B. The price will go down.
    8·1 answer
  • Primary market financial instruments include stock issues from firms allowing their equity shares to be publicly traded on the s
    5·1 answer
  • Percy is a rich boy whose parents supply him with every conceivable necessity of life. While still a minor, Percy buys a coat on
    5·2 answers
  • The degree to which the job assignments are formalized and proceduralized is the ________ contingency dimension identified by fi
    7·1 answer
  • Like a good economist, you calculated the opportunity cost of getting your college degree. Suppose that at your university, you
    13·1 answer
  • Present value of dividends: Fresno Corp. is a fast-growing company whose management expects it to grow at a rate of 30 percent o
    13·1 answer
  • James is the new manager of operations at Springfield Motors. To his dismay, he finds the employees coming in late to work, taki
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!