Jack's Water Slides makes custom water slides for hotels. On October 1, there were three jobs in process, Jobs 812, 813, and 814. Two more jobs were started during October, Jobs 815 and 816. By October 31, Jobs 812, 814, and 816 were finished. The following data have been collected: Job 812 Job 813 Job 814 Job 815 Job 816 10/1 Balance WIP $500 $900 $780 --- --- Direct materials 400 270 1,140 $300 $300 Direct labor 300 180 600 400 800 Overhead is applied at the rate of 110% of direct labor cost. Jobs are sold at cost plus 50%. Selling and administrative expenses for October totaled $3,000. By October 31, Jobs 812 and 816 are sold, but the customer who ordered Job 814 decided he did not want the slide, so it is still in the warehouse. Calculate the ending balance in Work in Process as of October 31.a. $2,688b. $2,800c. $1,500d. $4,550e. $3,492
Answers: 2
Business, 22.06.2019 11:00, mmcdaniels46867
Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld
Answers: 2
Business, 22.06.2019 14:00, mrfishyyyy
Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.
Answers: 2
Business, 22.06.2019 15:20, iselloutt4fun
Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?
Answers: 2
Jack's Water Slides makes custom water slides for hotels. On October 1, there were three jobs in pro...
Chemistry, 24.09.2019 23:30
Mathematics, 24.09.2019 23:30
Business, 24.09.2019 23:30
History, 24.09.2019 23:30