Rick, a homebuilder, uses job order costing for his business. each new home is a single job. during april, rick started three new houses, one of which was job tudor2. rick purchased $150,000 of materials for the new home orders and stored them in a warehouse to be brought to the job sites as needed. in april, rick requisitioned $85,000 of material for job tudor2. direct labor on tudor2 was $4,800 in april. overhead is applied at 150% of direct labor cost. what is on the job cost sheet for tudor2 at april 30?

Telecom co. enters into a two-year contract with a customer to provide wireless service (voice and data) for $40 per month. to induce customers, telecom co. provides a free phone. telecom co. normally sells the phone on a stand-alone basis for $200. telecom co. also charges the customer a one-time activation fee of $35.which of the following is true? a) there are two distinct performance obligations: the voice service and the data service b) the free phone constitutes as a marketing expense c) the activation fee is a separate performance obligationd) there are two distinct performance obligations: the wireless services and the phone