Matthew Company uses a job costing system. On January 1, 20X9, Matthew Company's work in process inventory account had a balance of $30,000. During 20X9, $58,000 of direct materials were placed into production and manufacturing wages incurred amounted to $84,000, of which $66,000 were for direct labor. Manufacturing overhead is allocated on the basis of 120% of direct labor cost. At the end of 20X9, actual manufacturing overhead cost was $90,000. Jobs costing $220,400 were completed during 20X9. What is the December 31, 20X9, balance in work in process inventory

Atax on the sellers of coffee will a. increase the price of coffee paid by buyers, increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. b. increase the price of coffee paid by buyers, increase the e ffective price of coffee received by sellers, and decrease the equilibrium quantity of coffee. c. increase the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. d. increa se the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.

Atrough in the business cycle occurs when

What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage