Southern industries uses job order costing. the following information was drawn from the company’s monthly accounting reports: job 1 job 2 job 3 direct materials $ 50 $ 60 $ 30 direct labor 20 30 10 southern applies overhead at the rate of 200% of direct labor costs. by the end of the month, both job 1 and job 2 had been completed and sold. job 3 was still in process. at month-end, what was the balance in the work in process inventory?

About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario? a. sturdy light was a star that developed into a cash cow. b. sturdy light was a question mark that developed into a star. c. sturdy light was a dog that developed into a question mark. d. sturdy light was a cash cow that developed into a star.