Juanita Corporation uses a job-order costing system and applies overhead on the basis of direct labor cost. At the end of October, Juanita had one job still in process. The job cost sheet for this job contained the following information:   Direct materials$480Direct labor$150Manufacturing overhead applied$600 An additional $100 of labor was needed in November to complete this job. For this job, how much should Juanita have transferred to finished goods inventory in November when it was completed?

A. $1,330
B. $1,230
C. $500
D. $1,730


Answer: D

Business

You might also like to view...

Advertising "puffery" is a term for a(n)________

A) straightforward promotional message B) claim of superiority that cannot be proven or disproven C) emotional appeal to customers D) subliminal appeal to customers E) value-added promotion

Business

When firms that are temporarily short of cash and unable to borrow from usual sources convert accounts receivable into cash by pledging the accounts receivable, they disclose this information

a. on the income statement, only. b. on the balance sheet, only. c. on both the income statement and the balance sheet. d. by a footnote to the financial statements. e. in managements' discussion and analysis.

Business

Lyla likes to focus on and sustain new ideas. She uses which of the following?

a. relationship-seeking strategies b. search strategies c. securing d. prior knowledge

Business

Remedies for breach of sales contract under the UCC are available only to the buyer

Indicate whether the statement is true or false

Business