Job A3B Was Ordered by a Customer on September 25

question 173

Multiple Choice

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,500 of direct materials and used $4,000 of direct labor. The job was not finished by the end of the month, but needed an additional $3,000 of direct materials and additional direct labor of $6,500 to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred.
- What is the amount of job costs added to Work in Process Inventory during October?

• A) $16,000
• B) $37,000
• C) $22,500
• D) $32,000
• E) $26,500

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Definitions:

Internet Layer

The Internet Layer is a component of the IP suite that provides the functional and procedural means of transferring variable length data sequences from a source to a destination host via one or more networks.

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Transmission Control Protocol/Internet Protocol, the fundamental suite of protocols that supports the Internet and most local area networks.

Client/server Computing

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Thin Clients

Computing devices that rely on a connection to remote servers for data processing and storage, offering a lightweight, cost-effective alternative to traditional personal computers.