Answer:
None
Explanation:
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Variance reports are internal reports for management. They are used primarily for the purposes of internal accounting and auditing.
Answer:
$157,300
Explanation:
The computation of the interest capitalized is as follows:
= Accumulated expenditure × rate of interest
= ($610,000 × 12 months ÷ 12 months) + ($1,800,000 × 4 months ÷ 12 months) + 0 × 13%
= ($610,000 + $600,000) × 13%
= $1,210,000 × 13%
= $157,300
Answer:
(C) Red's Roofing
Explanation:
Free on Board indicates that once the seller leaves the package next to the shipping company's boat they are no longer liable for obligations, costs, or risks involved in the delivery of the product, and that is instead all transferred to the buyer. Therefore by accepting to purchase this product as this type of shipping then the loss is suffered by Red's Roofing.
Answer: 1) consistency of the investment decision with corporate objectives
2) commitment to quality
3) corporate culture
4) business responsibilities to society and other external stakeholders.
Explanation: Qualitative factors are outcomes of decisions that can not be measured or quantified.
A company's project having a poor payback period and net present value may still go ahead with the project when it considers the consistency of the project with its corporate objectives; corporate culture; commitment to quality; its responsibilites to society.
