Angry birds, inc. designs and builds retaining walls for individual customers. on august 1, 2 jobs were in process: level 1 with a beginning balance of $12,000 and level 2 with a beginning balance of $8,600. during august, level 3 and level 4 were started. levels 1 and 2 were sold at cost plus 30% during august. all other jobs remained in process at month end. the company applies manufacturing overhead at a rate of $11 per direct labor hour. direct labor wages average $12 per hour. the following additional cost information is available for august: level 1 level 2 level 3 level 4 direct materials $1,200 $8,000 $2,100 $3,000 direct labor $1,800 $4,800 $360 $1,200 the sales staff is paid a 2% commission on all sales for the period. the company closes out the total over/underapplied manufacturing overhead to cost of goods sold at the end of each month. calculate the following given actual moh of $8,200 incurred during august. the amount of moh applied to all jobs in process during august equals $ nothing. the adjusted cogs reported on the income statement for august equals $ nothing. the gross profit reported on the income statement for august equals $ nothing. the ending work in process balance reported on the balance sheet for august equals $ nothing. round final answers to the nearest dollar.

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.

top-level manager

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