Rodriquez corporation's comparative balance sheets are presented below. rodriquez corporation comparative balance sheets december 31 2017 2016 cash $16,600 $17,700 accounts receivable 24,900 22,500 investments 20,250 16,150 equipment 59,750 70,150 accumulated depreciation—equipment (13,750 ) (10,100 ) total $107,750 $116,400 accounts payable $14,650 $11,050 bonds payable 10,800 30,100 common stock 50,500 44,600 retained earnings 31,800 30,650 total $107,750 $116,400 additional information: 1. net income was $18,650. dividends declared and paid were $17,500. 2. equipment which cost $10,400 and had accumulated depreciation of $1,800 was sold for $3,800. 3. no noncash investing and financing activities occurred during 2017.

Job a3b was ordered by a customer on september 25. during the month of september, jaycee corporation requisitioned $2,400 of direct materials and used $3,900 of direct labor. the job was not finished by the end of the month, but needed an additional $2,900 of direct materials in october and additional direct labor of $6,400 to finish the job. the company applies overhead at the end of each month at a rate of 100% of the direct labor cost. what is the amount of job costs added to work in process inventory during october?

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000

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