subject
Business, 24.10.2019 18:43 MyaMya12

On september 1, two jobs were in process at pete’s patios. details of the jobs follow: job number direct materials direct labor pp-24 $ 1,120 $ 414 pp-30 575 1,670 materials inventory on september 1 totaled $5,550, and $718 worth of materials was purchased during the month. indirect materials of $86 were withdrawn from materials inventory. on september 1, finished goods inventory consisted of two jobs, pp-12, costing $2,350, and pp-14, with a cost of $962. costs for both jobs were transferred to cost of services billed during the month. also during september, jobs pp-24 and pp-30 were completed. completing job pp-24 required an additional $1,360 in direct labor. the completion costs for job pp-30 included $680 in direct materials and $3,800 in direct labor. pete’s patios used a total of $1,948 of direct materials (excluding the $86 indirect materials) during the period, and total direct labor costs during the month amounted to $8,220. overhead has been estimated at 50 percent of direct labor costs, and this relation has been the same for the past few years. required: compute the costs to jobs pp-24 and pp-30 and the balances in the september 30 inventory accounts.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 18:20
The sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. the actual price level turns out to be 110. faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. sales from catalogs will
Answers: 3
question
Business, 22.06.2019 05:00
What is free trade? a. trade that is not subject to taxes or fees b. trade that governments do not interfere with c. trade with a high level of government regulation d. trade between states in the u.s. b
Answers: 1
question
Business, 22.06.2019 19:30
Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e.g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)
Answers: 2
question
Business, 22.06.2019 20:50
You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)
Answers: 3
You know the right answer?
On september 1, two jobs were in process at pete’s patios. details of the jobs follow: job number d...
Questions
question
Mathematics, 11.11.2020 07:20
question
Mathematics, 11.11.2020 07:20
question
Social Studies, 11.11.2020 07:20
question
Mathematics, 11.11.2020 07:20
question
Mathematics, 11.11.2020 07:20
question
Mathematics, 11.11.2020 07:20
Questions on the website: 13722363