Examlex

Solved

Figure 5-8

question 159

Multiple Choice

Figure 5-8.John's Water Slides makes custom water slides for hotels. On September 1, there were three jobs in process, Jobs 812, 813, and 814. Two more jobs were started during September, Jobs 815 and 816. By September 30, Jobs 812, 814, and 816 were finished. The following data has been collected:
Figure 5-8.John's Water Slides makes custom water slides for hotels. On September 1, there were three jobs in process, Jobs 812, 813, and 814. Two more jobs were started during September, Jobs 815 and 816. By September 30, Jobs 812, 814, and 816 were finished. The following data has been collected:    Overhead is applied at the rate of 120% of direct labor cost. Jobs are sold at cost plus 60%. Selling and administrative expenses for September totaled $2,950. By September 30, Jobs 812 were 816 are sold, but the customer who ordered Job 814 decided he did not want the slide so it is still in the warehouse. -Refer to Figure 5-8. What is John's operating income for the month of September? A)  $127.40 B)  $8,206.40 C)  $3,077.40 D)  $0 E)  None of these. Overhead is applied at the rate of 120% of direct labor cost. Jobs are sold at cost plus 60%. Selling and administrative expenses for September totaled $2,950. By September 30, Jobs 812 were 816 are sold, but the customer who ordered Job 814 decided he did not want the slide so it is still in the warehouse.
-Refer to Figure 5-8. What is John's operating income for the month of September?


Definitions:

Pale Mucous

This refers to the appearance of lighter than normal mucous membranes, which can indicate anemia or other health conditions.

Dry Mucous

Condition where the mucous secretions are less than normal, leading to dryness in areas such as the nose, throat, and eyes.

Cracked Lips

A condition where the lips become dry, chapped, or fissured, often due to environmental factors or dehydration.

Related Questions