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777dan777 [17]
3 years ago
8

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,300 of dir

ect materials and used $3,800 of direct labor. The job was not finished by the end of the month, but needed an additional $2,800 of direct materials and additional direct labor of $6,100 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:
ioda3 years ago
7 0

Answer: $13,700

Explanation:

Given the following :

Month of September:

Direct materials = $2300

Direct labor used = $3800

Overhead = 200% of direct labor cost incurred

Therefore September overhead :

200% × $3800

2 × $3800 = $7,600

Work in process account at the end of September :

Direct labor cost + direct material cost + overhead

$3800 + $2300 + $7600 = $13,700

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Ymorist [56]
The personal income is $700. 
GIven: 
Disposal personal income (dpi) = $800
Personal income taxes = $100

Solution:
Disposal personal income minus personal income taxes.
$800 - $100 = $700

So, the personal income or pi is equal to $700.
4 0
2 years ago
Consider the following accounting terms and definitions and match each term to the definition: Accounting a. an economic resourc
spayn [35]
<h2><u>Answer:  </u></h2>

<u>Accounting</u>:

The basic tool of accounting, stated as asset=liabilities + equity (e)  

<u>Asset:</u>

An economic resource that is expected to be of benefit in the future (a)

<u>Balance sheet:</u>

Reports on an entity’s assets, liabilities, and stockholders’ equity as of a specific date (I)

<u>Expense:</u>

Decreases in equity that occur in the course of selling goods/services (f)

<u>Income statement:</u>

Reports on an entity’s revenues, expenses, and net income or loss for the period (j)

<u>Liability:</u>

Debts that are owed to creditors (b)

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<u>Net loss:</u>

Excess of total expense over total revenues (c)  

<u>Revenue:</u>

Increase in equity that occur in the course of selling goods/services (g)

<u>Statement of cash flow:</u>

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<u>Statement of retrained earning:</u>

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8 0
3 years ago
Read 2 more answers
Sweet Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction
Reika [66]

Answer:

$4,775,565.49

Explanation:

The computation of the selling price of the bond is shown below:

Particulars                  Amount PV factor 6%       Present value

Semi-annual interest $216,209 19.60044    $4,237,791.53

Principal                         $3,088,700     0.174110131  $537,773.96

Total                                                       $4,775,565.49

Working notes

Semi-annual interest $216,209 = $3,088,700 × 14% × 6 ÷ 12

PV factor 3%:    

Semi-annual interest 13.76483115      = {(1 - (1.06)^-30) ÷ 0.06 }

Principal 0.174110131  = {1 ÷ 1.03^30}

6 0
3 years ago
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Alex787 [66]

Answer:

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Hence, the maximum increase in money supply, the 85% of $231115 is: $196448.

Hope this helps.

Thank you and Good luck.

5 0
3 years ago
Read 2 more answers
If you were in a debate fighting for the rights of something what techniques should you use, just curious?
Crazy boy [7]
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This was the best answer I could give for right now, considering that I’m currently typing with one hand. Let me know if you have any further questions.
3 0
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