Jagjit Company designs and builds retaining walls for individual customers. On August 1, there were two jobs in process: Job 93 with a beginning balance of $8,650, and Job 94 with a beginning balance of $7,270. Jagjit applies overhead at the rate of $9 per direct labor hour. Direct labor wages average $16 per hour. Data on August costs for all jobs are as follows:

Job 93 Job 94 Job 95 Job 96
Direct materials $910 $4,590 $3,330 $1,270
Direct labor cost 2,080 4,800 2,400 960
During August, Jobs 95 and 96 were started. Job 93 was completed on August 17, and the client was billed at cost plus 40%. All other jobs remained in process.

Refer to the list below for the exact wording of text items within your job-order cost sheets.

Amount Descriptions
Applied overhead
Beginning balance
Direct labor
Direct materials
Total

Jagjit Company

Job-Order Cost Sheets

August 31

1

Job 93

Job 94

Job 95

Job 96

2

Beginning balance

3

4

5

6

4. Calculate the balance in Work in Process on August 31.

The work in process balance on August 31 is .

Points:

0 / 1

5. What is the price of Job 93?

The price of Job 93 is .

Points:

0 / 1

Partway through the year, Jagjit bought a bulldozer to handle larger jobs. The bulldozer cost $38,500 and is needed for larger commercial jobs. Smaller residential jobs can still be done with the smaller bobcat tractor.

6. CONCEPTUAL CONNECTION: Complete the statement below that outlines how the bulldozer’s cost could be applied to only those jobs that need the larger equipment.

Create a separate ________ for the acquisition and use of the bulldozer. Treat the bulldozer’s depreciation, fuel, maintenance, etc. as _______ . Divide this by the anticipated annual hours of use to arrive at the ___________ .

Answers

Answer 1

Answer:

retaining walls for individual customers. On August 1, there were two jobs in process: Job 93 with a beginning balance of $8,650, and Job 94 with a beginning balance of $7,270. Jagjit applies overhead at the rate of $9 per direct labor hour. Direct labor wages average $16 per hour. Data on August costs for all jobs are as follows:

Job 93 Job 94 Job 95 Job 96

Direct materials $910 $4,590 $3,330 $1,270

Direct labor cost 2,080 4,800 2,400 960

During August, Jobs 95 and 96 were started. Job 93 was completed on August 17, and the client was billed at cost plus 40%. All other jobs remained in process.

Refer to the list below for the exact wording of text items within your job-order cost sheets.

Amount Descriptions

Applied overhead

Beginning balance

Direct labor

Direct materials

Total

Explanation:

hello


Related Questions

Summarize red lines and reverse red lining and why they are unethical lending practices

Answers

Answer:

3 For example, redlining has been used to describe discriminatory practices by retailers, both brick-and-mortar and online. Reverse redlining is the practice of targeting neighborhoods (mostly non-white) for higher prices or lending on unfair terms such as predatory lending of subprime mortgages. A 2017 study by Federal Reserve Bank of Chicago economists found that redlining—the practice whereby banks discriminated against the inhabitants of certain neighborhoods—had a persistent adverse impact on the neighborhoods, with redlining affecting homeownership rates, home values and credit scores in 2010.

Which of the following is NOT a disadvantage of personal interviews?

Answers

Answer:

Where are the options to this question

For a corporation, direct investment from owners occurs when:

Answers

For a corporation, direct investment from owners occurs when there is an influx of capital to get equity shares

A corporation is an institution or organization that is made up of a group of people who come together and act as a single entity.

When there is a direct investment from owners of a corporation, then this means that there is an influx of capital to buy equity shares.

There are different ways of making a direct investment such as:

Buying sharesOpening a company in another country, etc

Therefore, when a corporation makes a direct investment, then they are buying equity shares

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Discuss two shortcomings of using Gross Domestic Product as the primary measure of a country’s economic performance.

Answers

The exclusion of non-market transactions. The failure to account for or represent the degree of income inequality in society. The failure to indicate whether the nation's rate of growth is sustainable or not.

Discuss 6 reason why banks fail in Ghana and proffer solution to reduce banking sector from these 6 cancerous roots in your opinion​

Answers

Various reasons have been found as the source of bank failure in Ghana; 6 reasons among these several reasons include Lack of corporate governance and Bad loans.

Other reasons why banks fail in Ghana include the following:

Inefficient regulatory practicesFake licenses processLow capital basePoor credit risk.

The solution to restoring the banking sector from these six cancerous roots are following:

The Central Bank of Ghana should ensure all the banks in Ghana have a specific amount of capital to run their banking services to avoid undercapitalization.

All the banks should ensure they carry out a necessary credit risk analysis before discharging credit to customers.

The Central Bank of Ghana should make the licensing process open and fair while putting heavy sanctions on banks with fake licenses.

The Central Bank of Ghana should also check the bank operations report periodically to know if they are working under established standards.

All the Banks in Ghana should be encouraged and mandated to operate based on established corporate standards.

Banks in Ghana should always access the loan or lending operations to manage their capital very well.

Hence, in this case, the Bank's failure in Ghana can be redeemed if the proper strategies are in place.

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Boyer Inc. is considering the introduction of a new product. This product can be manufactured in one of several ways: Using the present system at a variable cost of $55 per unit and a one time cost of $15,500. They can upgrade the present system, which will have a variable cost of $48.00 per unit, and an initial cost of $27,200. That last option consists of adding a new system with a per unit variable cost of $25.00, and an initial cost of $45,000. The organization is worried however, about the impact of competition. If no competition occurs, they expect manufacture 4,500, 6,800, and 8,800 units respectively. With competition, they expect to manufacture: 3,750, 5,500, and 6,700 units respectively. At the moment their best estimate is that there is a 57% chance of competition. They decided to make their decision based on manufacturing cost for each alternative. Based on evaluating cost, determine the following: a. What is the EMV for using the present system

Answers

The EMV (Expected Monetary Value) of using the present system with a variable cost of $55 per unit and a fixed cost of $15,500 is $239,515.

Data and Calculations:

                                         Present      New System 1     New System 2

Variable cost per unit         $55                  $48                     $25

Fixed cost                       $15,500           $27,200             $45,000

Production units:

 Without competition       4,500                6,800                  8,800

 With competition            3,750                 5,500                  6,700

Probability of competition   57%                  57%                     57%

Probability: no competition 43%                  43%                    43% (100 -57)

Expected production units:

Present System = 4,073 units (3,750 x 57%) + (4,500 x 43%)

Expected monetary value of present system:

Variable cost = $224,015 (4,073 x $55)

Fixed costs =      $15,500

Total EMV =     $239,515

Cost per unit = $58.81 ($239,515/4,073)

Expected production units:

New System 1 = 6,059 units (5,500 x 57%) + (6,800 x 43%)

Expected monetary value of present system:

Variable cost = $290,832 (6,059 x $48)

Fixed costs =      $27,200

Total EMV =     $318,032

Cost per unit = $52.49 ($318,032/6,059)

Expected production units:

New System 2 = 7,603 units (6,700 x 57%) + (8,800 x 43%)

Expected monetary value of present system:

Variable cost =  $190,075 (7,603 x $25)

Fixed costs =      $45,000

Total EMV =     $235,075

Cost per unit = $30.92 ($235,075/7,603)

Thus, the EMV for using the present system is $239,515.

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the emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment only . true or false ?​

Answers

The statement "The emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment only" is: True

Emergent strategies are those measures which are taken to ensure that a company grows and is successful even when there is no particular set aims or goals.

However, the statement that an emergent strategy can only exist in only an internal and external environment is true.

This is because these internal and external factors are why the strategies are in place to make sure that there is a realized goal in the company and that continuity is ensured.

Please note that an internal environment is one that has a direct impact on the company,while external environment does not directly impact the company

Therefore, the correct answer is true

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what are your political beliefs?

Answers

Answer:

political belief or activity means your beliefs and actions, as long as they are lawful. ... That means it is against the law to discriminate against you because you support a certain political party or because you don't support a certain political party.

Explanation:

i think that trump is trash and biden is trash, they both have awful things that they have done!!

Jim would like to learn more about what it's like to be a in college.without having to take college classes or difficult exams. Witch program might be the best fit for him?

A. International baccalaureate
B. advanced placement
C. dual credit
D. articulated credit

Answers

B Advanced Placement

In which of the following situations is it ok to NOT wash your hands

Answers

Answer:

Need the options to answer this...

Explanation:

On September 1, 2020, Marigold Company sold at 104 (plus accrued interest) 3,360 of its 9%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $15 per share. Shortly after issuance, the warrants were quoted on the market for $3 each. No fair value can be determined for the Marigold Company bonds. Interest is payable on December 1 and June 1.

Required:
Prepare in general journal format the entry to record the issuance of the bonds.

Answers

Answer:

ok..

Explanation:

On September 1, 2020, Marigold Company sold at 104 (plus accrued interest) 3,360 of its 9%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $15 per share. Shortly after issuance, the warrants were quoted on the market for $3 each. No fair value can be determined for the Marigold Company bonds. Interest is payable on December 1 and June 1.

Required:

Prepare in general journal format the entry to record the issuance of the bonds.

Multiple Choice
Which of the following exemplifies wisdom as defined by Maslow?
A con artist who can persuade anyone and everyone to hand over their valuables.
O A counselor who helps families who have been feuding for generations bury the hatchet.
A scholar who has read thousands of books.
O A world traveler who can pick up languages and customs like a native.

Answers

Answer:

I think its A so have a good day

Explanation:

What part of wildlife management involves trapping animals in areas where they are abundant and releasing them in areas of suitable habitat where they are not abundant?

habitat improvement


artificial stocking


predator control


hunting regulations

What part of wildlife management involves trapping animals in areas where they are abundant and releasing them in areas of suitable habitat where they are not abundant?

habitat improvement


artificial stocking


predator control


hunting regulations

Answers

The part of wildlife management that overseas the trapping animals in areas where they are much and get them release to where they are not abundant is : D Hunting regulations

Hunting regulations can be regarded as the measures that are put in place to save the life of wildlife from going into extinction.

This body usually trap animals in areas they are much they released them to areas they are not much.

The body dictate the hunting seasons that the hunter should hunt, and not to hunt.

It gives the bag limits as well as poaching laws on the hunting proces

Therefore, the correct option is D

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6. Give a reason why economic interdependence can benefit economies.

Answers

Answer: Why Does Interdependence Bring Economic Growth? With economic interdependence comes economic growth. This affiliation allows specialist industries to thrive. And, the success can lead to job and wage/salary increases and an overall improvement to wealth and lifestyle.

Establishing a secure customer or client base is an example of how to deal with this type of risk.
compliance risk
operational risk
strategic risk
financial risk

Answers

It would be Operational risky

Last year, Byron received a mediocre evaluation. Receiving the feedback made Byron feel very threatened and put him on the defensive. However, Byron likes his job and wants to keep it, so he is focused on making improvements. What might Byron do to decrease the threat and anxiety he feels when receiving feedback?
a. Byron could focus on distinguishing facts from opinions.
b. Byron could ask for feedback explicitly and more often.
c. Byron could practice compassion toward his supervisor.
d. Byron could take deep breaths and be more aware in the moment.

Answers

To reduce the threat and anxiety he feels when receiving feedback, it would be ideal for him to ask for feedback explicitly and more often, as it was a past and mediocre assessment that made him feel threatened and defensive.

Feedback is an essential resource in an organization, through it employees provide feedback on a job and drive improvements and changes that increase the quality of work.

Failure to correctly interpret feedback can lead to the opposite effect, such as anxiety, resistance and concern on the part of the receiver. That is why it is essential that the feedback:

Be clear and precise.Provide guidance.Get planned.Expose the positive and negative facts of a job.Create an action plan.

Therefore, feedback must be fully provided to the employee in order to avoid the opposite effect, when provided correctly, it produces employee skill development, motivation and increased productivity.

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What do you understand by "Industrialisation"?

Answers

Industrialisation is the period of social and economic change that transforms a human group to an industrial society from an agrarian society, involving the extensive manufacturing reorganisation of an economy. Industrialisation requires many key elements to grow on a significant scale. Your welcome

why would you use computer-aided design (cad) software?

Answers

Answer:

CAD enables the development, modification, and optimization of the design process. CAD enables the development, modification, and optimization of the design process. Thanks to CAD, engineers can make more accurate representations and modify them easily to improve design quality.

Explanation:

Answer: To re-create the layout of a space before actually moving anything.

Explanation: took the quiz

ATM stands for automatic time machine right?

Answers

ATM stands for automated teller machine or in text it can mean At The Moment

Hope this helped you, have a good day bro cya)

Answer:

No i don't  think so I think it means -automated teller machine

Explanation: Hope that helps but that is what I think it means

Describe What You Will Use The Money For:

Answers

Answer:  buy or rent our home, pay for tuition, travel, and communicate using our mobile phones.

Explanation: Those are some things

We have created the following Planned Production Orders over the planning period: 120 Product A We have the following Raw Materials on hand and available to be dedicated to these Planned Production Orders: Enough Raw Materials to product 60 Product A There are Purchase Orders at our suppliers for the following Raw Materials: 50 Product A How many products should we order on New Purchase Orders with our suppliers

Answers

If the Planned Production Orders over the planning period: 120 Product A We have Raw Materials on hand : Enough Raw Materials to product 60 Product A There are Purchase Orders at our suppliers: 50 Product A . The amount of products that should be order on New Purchase Orders with our suppliers is: 10 New Purchase Orders for materials to build product A

Using this formula

Po New product A=Product A Planned Production Orders - Product A Enough Raw Materials to product - Product A Purchased Orders

Where:

Product A Planned Production Orders=120

Product A Enough Raw Materials to product=60

Product A Purchased Orders=50

Let plug in the formula

Po New product A=120-60-50

Po New product A=10

Inconclusion if the Planned Production Orders over the planning period: 120 Product A We have Raw Materials on hand : Enough Raw Materials to product 60 Product A There are Purchase Orders at our suppliers: 50 Product A . The amount of products that should be order on New Purchase Orders with our suppliers is: 10 New Purchase Orders for materials to build product A.

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The following entries appear in a cash account in March. $ Payments by customers 15,000 Rents received 250 Insurance paid 150 Drawings 700 Capital paid in 2,000 The balance at 1st March was $2,000 (in hand) what was the closing balance at 31st March? ​

Answers

Answer:

ejvjnwkjvnjn

Explanation:

baxcjnsldkv

the closing balance is 24,768

Explain the significance of each of the following major fields of business activity: manufacturing, wholesaling, retailing.

Answers

Answer:

Manufacturing is the process of transforming raw resources into a form that customers can utilize. A picture frame maker creates completed items out of wood and glass. A baker is someone who transforms flour, sugar, and spices into pies and cakes. Manufacturing, more than any other industry, lends itself to large-scale operations. This is due to the fact that many of these businesses, such as automotive manufacturing, require significant quantities of money and a big number of employees to get started.

Explanation:

Wholesalers purchase items from extractive or manufacturing firms and resell them to other businesses. They often acquire in big numbers before selling in tiny ones.

Retailers purchase items from wholesalers, manufacturers, and extractive companies and sell them to customers. Most people associate retail with a store where they may purchase products.

Do you have a difficult boss? How do you handle
them?

Answers

I have a difficult boss my teacher Angelina teacher she always teach me a lesson, lesson mean a slap.
I handle her, when she slap me I see to my shoes and nikal deta all my guusa.

It is an attempt to combine separate economies into larger economic region.

Answers

Answer:

economic integration I believe

classify technical education with example?​

Answers

Answer:

A kind of education which equips with skills that involve the use of practical approaches and other physical instruments in executing projects. Technical education is learning something about a specific work scientifically in detail and practical.

A few common examples include schools and education programs that focus on science and engineering, information and technology, architecture and design, business and fipnance, health and social services, education and child development, hospitality and tourism, or the fine and performing arts.

High costs are associated with high
unemployment. What economic
phenomena is associated with high
unemployment?
A. Economic Growth
B. Economic Stability
C. Economic Depression

Answers

Answer:

C. Economic Depression

Explanation:

Economic Depression is when an economy goes into financial turmoil/ struggles.

how should telcom expand taking over a phone manufacturer or a chain of shops selling mobile phones

Answers

Answer:

expenses already strain their profit margin most operator's can't afford to shoulder the further financial burden of improving smartphone affordability for consumers.

When the cost of most goods and services rise over time, this has the effect of a dollar being able to buy less over time. This is called _____.

deflation
inflation
supply and demand
exchange value

Answers

The answer would be inflation .

Which of the following tasks would be very difficult using only a keyboard and text?
Renaming a file
Drawing a picture
Writing a document
Playing games
Sending an e-mail

Answers

Answer:Which of the following tasks would be very difficult using only a keyboard and text?

Renaming a file

Drawing a picture

Writing a document

Playing games

Sending an e-mail

Explanation:

Drawing a picture, tasks would be very difficult using only a keyboard and text. Therefore, option (b) is correct.

What is keyboard?

The term keyboard refers to the optical of the computer. A person used the keyboard as the mainly work to the typing. The keyboard as the multitasking work as the included the letters, numbers, symbols, and the F1 to F12, signs. and the other things as the included to the easy the work.

Drawings are mainly done by hand. However, as technology advanced, the computer became the feature that was used to draw the drawing. The computer, as the icon, paints the drawing with many options like as forms, brushes, different shades of color, and other tools. However, utilizing the keyboard is a more challenging.

Therefore, option (b) is correct.

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