Answer:
$255,500
Explanation:
Prepare a Cost of Goods Manufactured Schedule to determine the cost of goods manufactured.
<u>Cost of Goods Manufactured Schedule</u>
Direct material used $ 75,000
Direct labor $ 93,000
Applied manufacturing overhead $ 70,000
Add Beginning work-in-process inventory $130,000
Less Ending work-in-process inventory ($112,500)
Cost of goods manufactured $255,500
Answer: Acc 450 the auditors' primary means of obtaining corroboration of management's information concerning litigation is a Letter of audit inquiry to the client's lawyer.
Explanation: A secondary audit process that auditors use to acquire pertinent data is an audit inquiry. The data comes from sources both inside the organisation, such managers, and outside the organisation, like debtors, creditors, investors, or other businesses-related legal entities.
An independent auditor can verify the legal information provided by management with the aid of a letter of inquiry. It is a method through which the auditors confirm or acquire a full explanation of the topics they wish to confirm from legal counsel or attorneys general.
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Answer:
Without planning, there will be no mission statement and no vision. Employees are most productive when they understand the bigger picture behind what they are doing, so productivity will decrease.
Answer: Increase and Unchanged
Explanation:
Given that,
Veronica withdraws = $1,500 from her savings account
then deposit this amount into her checking account.
M1 contains:
M1 = currency with public + checkable deposits + other deposits with RBI
M2 Contains:
M2 = M1 + post office savings account
Veronica withdraws $1,500 from savings account, so M2 decreases by $1500. Then, she deposited this amount into her checking account as a result M1 increases by $1,500 and M1 is a component of M2, so M2 also increases by $1500.
The conclusion of this transaction is that M1 increases by $1500 and there is no change in M2.
Answer:
d. Estimate activity durations
Explanation:
Based on the scenario being described within the question it can be said that this is done during the management process known as Estimate activity duration. Like mentioned in the question this is the process of generating an estimate of the number of work time needed to complete specific individual activities with a given number of available resources.
