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John's Water Slides Makes Custom Water Slides for Hotels

question 169

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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:
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.   -  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.

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What is John's operating income for the month of September?


Definitions:

Psychopathology

The study of mental disorders, including their symptoms, etiology (causes), and treatment.

Adjustment

The process of adapting or becoming accommodated to a new situation or environment.

Irrational Emotions

Feelings that do not have a logical or reasonable basis, often disproportionate to the situation at hand.

Cognitive-Behavioural Therapy

A therapy approach that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic procedure.

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