12. fun corp makes playgrounds for schools and day care centers. at the end of may, the total ending balance of work in process inventory account was $14,670 comprising of three unfinished jobs, job# 56 with $4,200 in materials and 15 hours worked; job # 58 with $6,470 in materials and 18 hours worked; and last it had job #61 with $1,540 in materials and 8 hours worked. the total of cost of goods sold for the month was $15,330. the company had no inventory left in the finished goods account. fun pays its workers $20 an hour and overhead is 200% of total labor cost paid. manufacturing overhead for may was overallocated by $1,200. what is the adjusted ending balance for job #58 if the overallocated amount is disposed of by prorating using ending balances?

$  7,248

Explanation:

Prorating:

                       Before      Rate                          

WIP                    14,670   14,670/30,000 = 0.489

FInished Goods        0

COGS                15,330  15,330 / 30,000 = .511

Total                   30,000

Allocation of overapplied overhead to WIP

1,200 x 0.489 = $ 586.8

Allocation to Job #58

Overhead Job #58: Total cost:

Materials 6,470

18 hours x $20 = 360 labor cost

360 labor cost x 200% overhead rate = 720 applied overhead

Total cost (before prorating): 7,550

586.8/14,670 x 7,550 = 302

Adjusted balance:

Materials 6,470

Labor cost: 360

Overhead: 720 - 302 = 418

Total 7,248

We subtract as the overhead was overapplied, we capitalzie more cost than we should.

answer; i believe that the correct answer is (personal information and career information; second answer; (b) flexibility,independence and salary potential

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.