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Question - Webb Company uses a job-order costing system and the following information is available from its records. The company has three jobs in process: #6, #9, and #13. Raw materials used, P400,000; Direct labor per hour, P68.50; Overhead applied based on direct labor cost, 120%. Direct material was requisitioned as follows for jobs #6, #9 and #13, respectively: 30 percent, 25 percent, and 25 percent; the balance of the requisitions was considered indirect. Direct labor hours per job are 2,500; 3,100; and 4,200; respectively. Indirect labor is P233,000. Other actual overhead costs totaled P536,000 If Jobs #6 and #9 were completed and transferred, what is the balance in Work in Process Inventory at the end of the period?
A physical count showed office supplies totalling $340 were still on hand at 30 June. Prepare a 10-column worksheet for the year ended 30 June 2019
1 a used machine with a purchase price of 77000 requiring an overhaul costing 8000 installation costs of 5000 and
Discuss the ethics of cruise lines regarding the avoidance of income taxes while buying ships built with governmental subsidies
What is the interest component of Roxanne's first monthly payment? 800 1000900 1100
What the management assertion primarily affected by this activity is? The Vancouver Real Estate Foundation Corporation implemented a new computer system
Complete a Business Activity Statement (BAS) for Xi using the above information. You can download a copy of BAS from the ATO website
Jane Smith, age 40, is single and has no dependents. Compute Jane Smith's 2018 Federal income tax payable (or refund due)
Ten drivers would have to be employed at a total payroll expense of $48,000. Determine the annual net income and net annual cash flows for the commuter service
Prepare Barwood's journal entries for January 1, 2010, December 31, 2010, 2011, and 2012, using the fair value method
Twyla Enterprises uses a word processing computer to handle its sales invoices. Lately, business has been so good that it takes an extra 3 hours per night, plus every third Saturday, to keep up with the volume of sales invoices.
Bill's Cabinets sells a product for $360 per unit. Using the contribution margin ratio, what is the break-even point in sales dollars
Prepare an estimate of the resources (operational, human, and length of time) that are needed to implement each of these recommendations.
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