Selected accounts with some debits and credits omitted are presented as follows: work in processoct. 1 balance 20,000 oct. 31 goods finished x31 direct materials 96,70031 direct labor 201,00031 factory overhead xfinished goodsoct. 1 balance 52,00031 goods finished 360,000if the balance of work in process at october 31 is $21,000. what was the amount of factory overhead applied in october?

The amount of factory overhead applied in October is $63,300.

Explanation:

Goods finished + Oct 31 work in progress = direct materials + direct labor + oct 1 balance + factory overhead

360,000 + 21,000 = 96,700 + 201,000 + 20,000 + Factory Overhead

381,000 = 317,700 + Factory overhead

Factory overhead = $63,300

Therefore, The amount of factory overhead applied in October is $63,300.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.