The type of company which is required by the Sarbanes-Oxley Act to have a code of ethics available to all employee is:
- all companies that have more than a single owner.
<h3>What is Code of Ethics?</h3>
This refers to the guidelines about the way a group of people should behave in a social group or official setting.
With that in mind, we can see that the type of company which is required by the Sarbanes-Oxley Act to have a code of ethics available to all employees is one which has more than one owner.
Read more about code of ethics here:
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A company should look at the image of the celebrity, and the things they do outside of their job. Company’s don’t want to endorse an athlete or celebrity that could do something to jeopardize their image, and pull consumers away from their company
Answer:
Increase in income= $19,200
Explanation:
Giving the following information:
Clyde Corporation's variable expenses are 40% of sales. Clyde Corporation is contemplating an advertising campaign that will cost $27,000.
Increase in income= increase in sales - increase in variable cost - marketing campaign
Increase in income= 77,000 - (77,000*0.40) - 27,000= $19,200
Answer: The answer is as follows:
Explanation:
Given that,
Raw material = $7.60/unit
Direct labor = $10.60/unit
Manufacturing overhead = $8.60/unit
(1) Unit cost under variable costing = Raw material + Direct labor + variable Manufacturing overhead
= 7.6 + 10.6 + 8.6
= 26.8
(2) Unit cost under absorption costing = Raw material + Direct labor + variable Manufacturing overhead + fixed Manufacturing overhead
= 7.6 + 10.6 + 8.6 + 8.6
= 35.4
Answer:
Annual depreciation= $28,940
Explanation:
Giving the following information:
Kansas Enterprises purchased equipment for $78,500 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value of $6,150 at the end of five years.
Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]
Annual depreciation= 2* [(78,500 - 6,150)/5]= $28,940