Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. kapanga manufacturing corporation uses a job-order

Kapanga Manufacturing Corporation uses a job-order costing system and started the month of October with...

50.1K

Verified Solution

Question

Accounting

image
Kapanga Manufacturing Corporation uses a job-order costing system and started the month of October with a zero balance in its work in process and finished goods inventory accounts. During October, Kapanga worked on three jobs and incurred the following direct costs on those jobs: Kapanga applies manufacturing overhead at a rate of 150% of direct labor cost. During October, Kapanga completed Jobs B18 and B19 and sold Job B19. How much is Kapanga's work in process inventory balance at the end of October? Multiple Choice $23,000 $30,500 $32.000 $43,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

QUESTION 1 Read the two cases of Barbican Bank and Intermarket of Zimbabwe and answer the questions...

Statistics
1.2K views

The manufacturer of hardness testing equipment uses​ steel-ball indenters to penetrate metal that is being tested.​...

Statistics
1.2K views

Suppose that the distribution of the weights of bags of carrots from brand A is N(1.2,0.049)...

Finance
1.2K views

Discuss the role of employee-owned businesses and shareholder wealth maximization. What are some pros and cons?

Biology
1.2K views

What is the decolorizer in the spore stain procedure Acid alcohol Acetone alcohol Acid Acetone...

Physics
1.2K views

A short sighted person can read a book only up to 15 cm from his...

Algebra
1.2K views

7 Write the fractions and as equivalent fractions with the least common denominator 13 7...

Accounting
1.2K views

mat urion duen, 3560 intarmeciate caiculmions and the final anver to the nearest cent. if...

Accounting
1.2K views

6. Mr. Nihar maintains a savings A/c and a current A/c in Mera Bank Ltd....

Accounting
1.2K views

Stuart Corporation produced 215,000 watches that it sold for $16 each during year 2. The...

Finance
1.2K views

Emma holds a $7.500 portfolio that consists of four stocks. Her investment in each stock,...

Accounting
1.2K views

Merger Company has 10 employees, each of whom earns $2,200 per month and has been...