Answer:
1. $3,465
2. $1,950
3. $8,050
Explanation:
The computation is shown below:
1. The balance in Work in Process at the end of the month is shown below:
= Job 303 + Job 306 + Job 308 + Job 309 + Job 310
= $780 + $350 + $620 + $1,200 + $515
= $3,465
2. The balance in Finished Goods at the end of the month is shown below:
= Job 302 + Job 307
= $1,240 + $710
= $1,950
3. The Cost of Goods Sold for the month is given below:
= Job 301 + Job 304 + Job 305
= $1,600 + $2,300 + $4,150
= $8,050
B) Experimental Exercises
The family should save minimum $250 every month to save up to $15,000 at the end of 5 years.
<u>Explanation:</u>
Total savings, S = $15,000
Time period, t = 5 years
Monthly deposit, x= ?
Time period in months = 12 X 5 = 60 months
Monthly deposit = Total savings / Time period in months
x = $15000/60
x = $250
Therefore, the family should save minimum $250 every month to save up to $15,000 at the end of 5 years.
Answer:
Another disadvantage of bonus compensation is that bonuses
Explanation: