Answer Happy

In preparing a company's statement of cash flows using the indirect method, the following information is available: Net Income $ 57,000 Accounts payable increased by 23.000 Accounts receivable decreased by 35,000 Inventories decreased by 10,000 Cash dividends paid 19.000 Depreciation expense 30 000 Net cash provided by operating activities was: 0 $81,000. $135,000. $ 155,000 $80.000. $34,000.
QUESTION 17 A company that uses job order costing reports the following information. Overhead is applied at the rate of 60% of direct materials. The company has no beginning Work in Process or Finished Goods inventories. Jobs 1 and 3 are not finished by the end of March, and Job 2 is finished but not sold by the end of March. Job 1 Job 2 Job 3 Direct materials used $ 13,800 $ 17,800 $ 6,800 Direct labor used $ 21,800 $ 11,800 $ 9,800 Determine the total dollar amount of Work in Process Inventory at the end of March. $6,280. $102,560. O $64,560. $50,680. $38,000