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 
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
Some of the advantages are related to increased market share and product diversification, while the disadvantages are less flexibility and culture shock.
<h3 /><h3>What is an organizational merger?</h3>
Occurs in the legal merger of two or more companies with the aim of forming a new organization.
The horizontal merger occurs between two competitors, the vertical between a buyer and a seller, and the merger of conglomerates occurs in companies from different areas of activity.
Therefore, despite the advantages of increasing market value and positioning, the merger between companies can be a risky strategy if it is not established in a planned way.
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Educational requirements must a non-resident salesperson meet in order to qualify for licensure as a Missouri broker should finish the 48-hour broker training program.
Not only non-resident salesperson license holders must successfully complete the 48-hour broker course in addition to having the necessary experience but also pass an exam to be eligible for a broker's license.
Additionally, a non-resident license certification is required.
Also, The 24-hour practice course, passing the state part of the salesperson exam, and submitting a non-resident license certification from the other state are requirements for non-resident salesperson license holders who want to earn a Missouri salesperson license.
Hence, Educational requirements must a non-resident salesperson meet in order to qualify for licensure as a Missouri broker should finish the 48-hour broker training program.
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The adjusting entry for the sale of debt securities by Jerome Incorporated on December 30, is as follows:
<h3>Adjusting Journal:</h3>
December 31:
Debit Cash $7,000
Credit Investment $6,500
Credit Gain on Sale of Investment $500
- To record the sale of debt investment (part) and the gain therefrom.
<h3>What is an adjusting entry?</h3>
An adjusting entry is the journal entry made at the end of the financial year to ensure compliance with the accrual concept and the matching principle of generally accepted accounting principles.
An adjusting entry does not include the initial investment transaction made by Jerome Incorporated.
<h3>Transaction Analysis:</h3>
Dec. 30:
Cash $7,000 Investment $6,500 Gain on Sale of Investment $500
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what should be the current balance in Allowance for Doubtful Accounts. The balance sheet's total receivables are netted against an allowance for doubtful accounts to show only the amounts anticipated to be paid.
The balance sheet's total receivables are netted against an allowance for doubtful accounts to show only the amounts anticipated to be paid. Estimated by the provision for doubtful accounts is the proportion of receivables that are anticipated to be uncollectible. However, the allowance estimate may be significantly off from how customers really pay.
Regardless of corporate policies and practices for credit collections, a transaction involving credit always has the risk of not being paid. A allowance corporation must therefore recognize this risk by creating a provision for doubtful accounts and offsetting bad debt expenditure. This complies with the matching principle of accounting by guaranteeing that costs associated with the sale are recorded during the same accounting period during which revenue is collected. Companies can estimate the true worth of their account receivables with greater accuracy thanks to the provision for dubious accounts.
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