subject
Business, 12.02.2021 16:40 granta1

Kapanga Manufacturing Corporation uses a job-order costing system and started the month of October with a zero balance in its work in process and finished goods inventory accounts. During October, Kapanga worked on three jobs and incurred the following direct costs on those jobs: Job B18: Direct materials ($12,000) Direct labor ($8,000)

Job B19: Direct materials ($25,000) Direct labor: ($10,000)

Job C11: Direct materials ($18,000) Direct labor: ($5,000)

Kapanga applies manufacturing overhead at a rate of 150% of direct labor cost. During October, Kapanga completed Jobs B18 and B19 and sold Job B19.

What is Kapanga's work in process inventory balance at the end of October?
A) $23,000
B) $30,500
C) $32,000
D) $43,000

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 14:00, RipoldSmellypoop47
Gibson's bodywork does automotive collision work. an insurance agency has determined that the standard time to replace a fender is 2.5 hours (i. e., "standard output" 0.4
Answers: 2
image
Business, 22.06.2019 04:10, jennifer9983
Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.
Answers: 2
image
Business, 22.06.2019 12:40, hardwick744
Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false
Answers: 3
image
Business, 22.06.2019 18:30, thomaskilajuwon
Afarmer is an example of what kind of producer?
Answers: 2
You know the right answer?
Kapanga Manufacturing Corporation uses a job-order costing system and started the month of October w...

Questions in other subjects:

Konu
Mathematics, 08.12.2020 20:10
Konu
Biology, 08.12.2020 20:10
Konu
Geography, 08.12.2020 20:10