Answer:
The ending balance in the Work in Process Inventory account $72,500
Explanation:
Direct materials$ 81,500
Direct labor $191,900
Manufacturing overhead $300,000
Manufacturing overhead allocated to production $297,200
Cost of jobs completed and transferred $500,900
Ending Balance of Work in process = Beginning Balance of Work in process +Direct materials + Direct labor Manufacturing overhead -Cost of jobs completed and transferred
Ending Balance of Work in process = $0 + $81,500 + $191,900 + $300,000 - $500,900
Ending Balance of Work in process = $72,500
Hi Miyiab95,
Lila believes the global climate is changing. every storm, every volcano eruption, every earthquake is, in her mind, evidence of this climate change. lila has fallen victim to <u>selective perception bias</u>.
Answer:
The answer is: Don's weekly salary is $460 and his sales' commission is 5%
Explanation:
We have to solve the following two equations:
Don's salary week 1 = b + $3,000c =$610
Don's salary week 2 = b + $4,000c =$660
Where:
- b = Don's base weekly salary
- c = sales' commission
Step 1:
b + $4,000c =$660
<u>-(b + $3,000c =$610)</u>
$1,000c = $50
Step 2:
c = $50 / $1,000 = 0.05 = 5%
Step 3:
b + ($3,000 x 5%) = $610
b + $150 = $610
Step 4.
b = $610 -$150 = $460
Answer:
a. What additional annual cost is $2250
b. Other Benefits of optimal order quantity - Reduces Obsolescence of Stock
Explanation:
The additional annual cost that Garden Variety Flower is <em>the Holding or Carrying Cost</em> of Inventory
Holding or Carrying Cost = Order Quantity/ 2 × Carrying Cost per Unit
Holding Cost at the Usage Level = ( 750/2) × ($2×30%) = $225
Holding Cost at Current Usage = ( 1500/2) × ($2×30%) = $450
Additional Holding Cost = $2250
<span>the reason why taxes are paid to different levels of government in the united states is because Different levels of government supply different services.
In order for them to do these different services, they need financial backing to pay up their employee, which mostly acquired through our tax payments.</span>