First find the amount of direct labor cost by subtracting the amount of indirect labor cost from the amount of factory labor cost
Direct labor cost is
600,000−140,000=460,000
The amount of overhead debited to work in process inventory should be
460,000×0.7=322,000
Answer 322000
Answer:
Georgia and Mississippi
Explanation:
In determining which state has the power to impose tax on JBT Food Services , We must first establish if there exist any nexus between the states and JBT Food Services. Nexus means connecting link between the tax payer and the tax jurisdiction. nexus can exist if a corporation has a production plant in a state or where the corporation frequently visit a state for business purpose. <em>You are can only pay sales tax in states where you have a nexus. </em>
JBT Food Services will pay tax in Georgia because it has production facility, it cannot pay in Alabama because it is only a transit point. The existence of distribution warehouse in Mississippi means there is a nexus between Mississippi and JBT Food Services
Answer:
100
Explanation:
Calculation to determine How many individuals can receive financial assistance this year
Using this formula
Numbers of individuals=Total budgeted appropriation-Fixed costs/Incomes
Let plug in the formula
Numbers of individuals=700,000-200,000/5000
Numbers of individuals=500,000/5000
Numbers of individuals=100
Therefore How many individuals can receive financial assistance this year will be 100
Answer:
(c) If we do not know the population standard deviation and must use the sample standard deviation
Explanation:
A t distribution is used for the inference about the population mean if the population standard deviation (sigma) is unknown. The sample standard deviation (s) is used instead.
The test statistic of a t distribution is given as (sample mean - population mean) ÷ (sample standard deviation ÷ sqrt(sample size))
The test statistic of a standard normal distribution is given as (sample mean - population mean) ÷ (population standard deviation ÷ sqrt(sample size))