Deer Lake Inc. uses a job order costing system with manufacturing overhead applied to products at a rate of 150% of direct labor cost. Treating each case independently, find the missing amounts (Input all amounts as positive values.):

Solution and Explanation:

Direct Material that is Used  = 20,000.00

Direct Labor used  = 25,000.00

Manufacturing Overhead Applied (150% multiply with DIrect Labor)  37,500.00

Total Manufacturing Cost ( DIrect Material + Direct Labor + Manufacturing Overhead)  82,500.00

Add: Beginning Work In Progress  10,000.00

Less :Ending Work In Progress  8,000.00

Cost of Goods Manufactured  84,500.00

Add: Beginning Finished Goods  12,000.00

Less :Ending Finished Goods  15,500.00

Cost of Goods sold (unadjusted)  81,000.00

Thus, the unadjusted COGS is $81000

the answer is either c or b, i cant be to sure tho.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.