Wavy company had a beginning work in process inventory balance of $ 32 comma 900$32,900. during the year, $ 54 comma 700$54,700 of direct materials was placed into production. direct labor was $ 64 comma 100$64,100, and indirect labor was $ 20 comma 400$20,400. manufacturing overhead is allocated at 120120% of direct labor costs. actual manufacturing overhead was $ 87 comma 000$87,000, and jobs costing $ 225 comma 500$225,500 were completed during the year. what is the ending work in process inventory balance?

You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?

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Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for january is: