Answer:
Year-end WIP 62,200
jounral entry for completed jobs:
-------------------------------------
Finished Good Inventory 1,149,800 DEBIT
WIP inventory 1,149,800 CREDIT
-------------------------------------
Explanation:
<u>WIP </u>
Beginning $ 72,000
Materials $ 390,000
Labor $ 500,000
Overhead <u>$ 250,000</u>
Total WIP $ 1,212,000
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<u>Finished Jobs:</u>
Job 210 $ 200,000
Job 224 $ 225,000
Job 216 $ 288,000
Job 230 <u>$ 436,800</u>
Total $ 1,149,800
the jobs complete will move to finished good and credit WIP inventory
WIP year-end:
1,212,000 - 1,149,800 = 62,200
The reason that it is important for Carl to be financially literate is so that he can learn how to invest his own money and manage it properly so that it continues to grow.
Answer:
The correct answer is Requirements.
Explanation:
The purpose of the requirements discipline is:
Establish and maintain an agreement with customers and other stakeholders about what the system should do.
Provide system developers with a good understanding of system requirements. Define the limits of the system (delimit it).
Provide a basis for planning the technical content of the iterations.
Provide a basis for estimating the cost and time to develop the system.
Define a user interface for the system, focusing on the needs and goals of the users.
To achieve these objectives, it is important, first of all, to understand the definition and scope of the problem that the system is trying to solve. Stakeholders are identified and stakeholder requests are obtained, gathered and analyzed.
From there, the work products of the requirements are developed to fully describe the system (what the system is going to do) in an effort that perceives all stakeholders, including customers and potential users, as important sources of information ( in addition to the system requirements).
$14,000 rupees will be disbursed totally in march.
<u>Explanation</u>:
- The operating cost is $38,000 per month. This is including depreciation. So cash pending on March 1 is $8,000.
- At the end of March month, the cash balance of $6000 is required. So a total of $14,000 is required at the end of the month. Including the labor costs, he wants to pay $14,000.
- He can borrow money in multiples of $1000. For emergencies, this money can be borrowed. So $14,000 should be dispersed in the month of March.
Answer:
“Successful people begin where failures leave off. Never settle for ‘just getting the job done.’ Excel!” —Tom Hopkins
Explanation:
