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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.

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When China reformed state-owned enterprises, it tried a new approach to choosing managers: it put managerial jobs up for auction
BartSMP [9]

Answer:

True

Explanation:

Winner curse is a situation where the bidder win the bid in an auction that exceeds the true worth or intrinsic value of the item auctioning. In the given scenario the inside managers bid for realistic performance. The outside managers tend to bid for higher performance to get the job. They does not seem to be realistic.

8 0
4 years ago
Silver Lining is a brand of bottled water in India. Divya, the marketing manager at Hill Fog, is aware of the global environment
Verizon [17]

Answer:

Domestic stage

Explanation:

According to my research on stages of international development., I can say that based on the information provided within the question it seems that Silver Lining is in the Domestic stage. This is the first stage in this process and  is usually done to test products and adjust strategies and potential performance before actually diving into a market in international trade. This is the stage that Silver Lining is at since they have not entered a market but are investigating the the global environment of that market.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Gavin is the supervisor of the payroll department at a manufacturing firm. his job entails supervising the work of several payro
ANEK [815]

In the given example, Gavin would be best described as a (e.) middle manager. His job entails supervising the work of several payroll clerks and training them in proper procedures and ensuring that the deductions and withholding taxes are properly deducted and complied with the company’s policy which means Gavin serves as a mentor or guide to those employees who does not have enough experience yet in order for them to work efficiently.

7 0
4 years ago
Assume the market for oranges is perfectly competitive. If the demand for oranges​ increases, will the market supply additional​
DiKsa [7]

Answer:

The correct answer is option B.

Explanation:

The market for oranges is perfectly competitive. An increase in the demand for oranges will cause the demand curve to move to the right. This rightward shift in the demand curve will cause the equilibrium price and quantity to increase.

At higher price, the producers will supply more oranges, because they will earn more profits. The supply of product is positively related to its price. So at higher price of oranges, more quantity will be supplied.

5 0
3 years ago
The accounting records of Diego Company revealed the following costs, among others:
Bogdan [553]

Answer:

Option A ($149,000) is the correct alternative.

Explanation:

Given:

Factory insurance,

= $32,000

Indirect labor,

= $45,000

Production equipment rental costs,

= $72,000

Now,

The total manufacturing costs will be:

= Factory \ insurance+Indirect \ labor+Production \ equipment \ rental \ costs

By putting the given values, we get

= 32000+45000+72000

= 149,000 ($)

5 0
3 years ago
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