Diamond design company makes custom chairs for individual customers. on september 1, there was one job in process, job 243, with a cost of $2,000. jobs 244, 245, and 246 were started during the month of september. data on costs added during the month are as follows: job 243 job 244 job 245 job 246 direct materials $9,000 $2,280 $6,700 $8,000 direct labor 2,240 1,000 2,300 2,530 overhead is applied to production at the rate of 60% of direct labor cost. job 245 was completed on september 14 and the client was billed at cost plus 40%. all other jobs remained in process. if selling and administrative expenses for the month of september equals $ 1,000, what is operating income for the month of september

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.

Barbara flynn is in charge of maintaining hospital supplies at general hospital. during the past year, the mean lead time demand for bandage bx-5 was 65 (and was normally distributed). furthermore, the standard deviation for bx-5 was 6. ms. flynn would like to maintain a 90% service level.refer to the standard normal table for z-values.a) what safety stock level do you recommend for bx-5? safety stock=)what is the appropriate reorder point? reorder point=