Answer:
direct material charge = $8500
Explanation:
given data
April 1 balance = $24000
April 30 Direct materials = 80000
April 30 Direct labor = 60000
April 30 Factory overhead = 54000
April 30 finished goods = 200000
so balance is = finished goods - ( balance + Direct materials + Direct labor + Factory overhead )
put here value
balance = 200000 - ( 24000 + 80000 + 60000 + 54000 )
balance = 18000
so here balance above $18000 is total manufacture cost of job no 100
so direct material charge for job no 100 is
direct material charge = manufacturing cost - applied cost - direct labour cost
direct material charge = 18000 - 4500 - 5000
direct material charge = $8500
Answer: Enron
Explanation:
Enron scandal was an accounting scandal that involved Enron Corporation, which was an American energy company that was based in Houston, Texas.
Enron hid huge amount of trading losses, which led to its bankruptcy. The company used fraudulent accounting practices in order to inflate the revenue of the company and.hid the debt that the company incurred.
The use of long-term savings to earn a financial reward is called 12 years.
The Commission can sue to enjoin any violation action.
Before money or assets are transferred from one party to another in a transaction, a neutral third party is said to be keeping them. This third party is referred to as escrow. Until both the buyer and the seller have complied with the terms of the contract, the third party keeps the money.
Escrow is a legal term that refers to a financial arrangement in which a third party holds an asset or money on behalf of two other parties who are carrying out a transaction. The escrow agent is in charge of escrow accounts. Only after certain contractual duties have been fulfilled does the agent release the assets or funds. Escrow can be used to hold several types of assets, including cash and securities.
To know more about escrow refer to:
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Answer:
Centrality
Explanation:
Remember, a less central organization means more freedom. However, when the work of the departments in an organization can adversely affects the final output of the organization it tells us how central the organization is.
This Implies that the organization is following a structured system in which flexibility is not possible, and as a result any issues at other departments might affect output.
