Ribbons and Bows uses job order costing. At the beginning of July, there is only one job in Work in Process, Job 17, with costs to date of $24. During July, costs of $12 are added to Job 17, and the job is completed. Job 18 is started in July, and $30 of cost is recorded on the job cost sheet. Job 18 is also completed in July. Job 19 is started but not completed in July, and $45 is added to that job cost sheet. What is the balance in the Work in Process Inventory account at the end of July?

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

answerinnovative culture;