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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?
Cognitive Dissonance
A psychological phenomenon where there is discomfort or distress from holding two conflicting beliefs or attitudes.
Cognitive Dissonance
The mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.
Festinger & Carlsmith
Researchers known for their 1959 study on cognitive dissonance, which investigated the effects of forced compliance behavior on attitude change.
Primates
A group of mammals that includes humans, apes, monkeys, and prosimians, characterized by a large brain, opposable thumbs, and complex social behaviors.
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