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
sertanlavr [38]
3 years ago
9

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $3,500 of dir

ect materials and used $5,000 of direct labor. The job was not finished by the end of the month, but needed an additional $4,000 of direct materials and additional direct labor of $8,500 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:
Norma-Jean [14]3 years ago
4 0

Answer:

18,500 WIP balance at September 30th

Explanation:

Job A3B

3,500 direct materials

5,000 direct labor

10,000 Overhead (200% of labor = 5000 x 200%)

18,500 WIP balance at September 30th

The cost added during October will be part of October calculation, on September we should work with September values.

You might be interested in
Consider the market for plastic deck chairs. Suppose many families go on a barbecue binge and buy new barbecue grills to use out
rusak2 [61]

Answer:

I think it might be c

Explanation:

the demand is higher giving the company more money to upgrade the product

4 0
3 years ago
There are approximately __ types of federal grants
sveticcg [70]

Answer:

The correct answer would be option C, 3.

Explanation:

There are three types of grants offered by the Federal Government.  

These are as follows:

1) Federal Pell Grants

2) Federal Supplemental Education Opportunity Grants

3) Work Study Programs

Federal Pell Grants provides financial aid to the students, not exclusive to their family income, serves as the prized resource among students. There are certain conditions whom a student must fulfill in order to be eligible for this grant.  

Federal Supplemental Education Opportunity Grants are the financial aids given to the students who have a very low expected family contribution towards their studies.This grant is given to the most needy students.

Work Study Programs also provide the financial aid to the students by providing them part time job opportunities to meet their financial college expenses.

8 0
3 years ago
Read 2 more answers
Mester Company has 10 employees. FICA Social Security taxes are 6.2% of the first $117,000 paid to each employee, and FICA Medic
Aneli [31]

Answer:

\left[\begin{array}{CCCccc}&accumulated&OASDI&HI&SUTA&FUTA\\KEN&6000&360&90&324&36\\ANN&146500&7020&1755&378&42\\LORI&119500&7020&1755&378&42\\TIM&60200&3612&903&378&42\\KATHLEEN&106900&6414&1603.5&378&42\\KITTY&36900&2214&553.5&378&42\\STEVE&89000&5340&1335&378&42\\MICHELLE&117000&7020&1755&378&42\\JHON&4000&240&60&216&24\\\end{array}\right]

                  HI        OASDI SUTA FUTA TOTAL

Employer 9810 39240 3186 354         52590

Employee 9810 39240                   49050

TOTAL        19620 78480 3186 354         101640

Explanation:

We will compare the accumulated wages with the celling of each tax and apply the tax-rate oto the lower amount.

Then FUTA and SUTA will only be paid by the employeer.

Also, the employeer contributes the same amount for Hi and OASDI as the employees

5 0
3 years ago
To get into a foreign service pathway what qualities/skills do you need??
ivann1987 [24]
The link is very good to explain what you need but something it forgot was needing to know about foreign pathways
3 0
3 years ago
Read 2 more answers
If the economy is at equilibrium above potential output:
babunello [35]

Answer:

B) There is an inflationary gap, and contractionary fiscal policy is appropriate.

Explanation:

One of the macroeconomic cases is inflationary gap. It means that the difference between the current level of real gross domestic product (GDP) and the predicted or forecasted GDP that would be experienced and achieved if an economy is at full employment. It could be claimed that when the demand for goods and services gets over the production in the factors such as: higher levels of overall employment, increased trade activities or increased government expenditure.

In order to overcome this gap, the contractionary fiscal policy must be considered. The mechanism of that policy is to increase the taxes decrease the government expenses due to inflationary pressures. This policy consequently will affect the level of consumption and private investment, respectively, these also will decrease the real GDP.

Other concept of macroeconomics is recessionary gap. In comparison to inflationary gap, this concept indicates the economy operating at lower level than its full equilibrium level, in turn, the level of real GDP is also less than full equilibrium level. We used to see this situation when the economy was intending to recess.

In order to overcome this gap, the expansionary fiscal policy will work well. Because of decreasing taxes and increasing government expenditures, the recessionary gap can be fought anymore. Since the taxes decreases, the business will revive and the confidence to the investment will increase, as a result the GDP will rise. Moreover, the growing government expenditures will stimulate the GDP to accrue.

To summarize, according to the question we need the gap in which the economy is above of potential, this means inflationary gap. Following this finding, the contractionary fiscal policy will be solution.

6 0
3 years ago
Other questions:
  • Proponents of corporate social responsibility (csr) strongly believe in benevolence; however, they still want their businesses t
    11·1 answer
  • Which of the following behaviors are more likely to happen in a GOOD economy?
    11·1 answer
  • The largest royalty for texas university endowment comes from which economic product?
    14·1 answer
  • The partial worksheet for the Jamison Company showed the following data on October 31, 2019. Income Balance Statement SheetAccou
    10·1 answer
  • How to prepare for ipcc ?
    15·1 answer
  • Richard created an advertisement that included a scientific explanation of how clothes are cleaned beside the image of washing m
    14·2 answers
  • One employee is in charge of the following activities at a drive-through of a bank: Activity Activity Time per Customer Greet cu
    10·1 answer
  • A good is nonrivalrous in consumption ifa. its consumption by one person does not reduce its consumption by othersb. its consump
    10·1 answer
  • Runners Feet, a shoe store, orders one hundred pair of athletic shoes from Speedster Inc. Absent a contrary agreement between th
    12·1 answer
  • A certificate of deposit pays a higher interest rate than a savings account because the money is
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!