Answer: Examining the construction work orders supporting items capitalized during the year.
Explanation:
When the Auditors start to examine the work orders that support the Capitalization of items during the year, they will come across the work order for Painting the Warehouse.
Painting a warehouse is not to be capitalized if it had nothing to do with getting the warehouse ready for use by the company.
Answer:
<em>Questions</em>
What is the company's cost of goods sold for the month?
COGS 33,000
What is the company's net income for the month?
net loss 4,333
What is the company's ending inventory for the month?
16,667
Missing Information:
It sold 8,00 units
Explanation:
manufacturing cost:
rent on factory 8000 +
factory workers salary 24000 +
direct materials 18000 = 50,000
cost per unit considering it produced 12,000:
50,000 / 12,000 = (4 + 1/6)
then, cost of good sold: cost per unit x units sold
(4 + 1/6) x 8,000 = 33,333.33
ending inventory 50,000 manufactured - 33,333 sold = 16,667 ending inventory
income for the month:
8,000 x 5 40,000
COGS <u> - 33,333 </u>
gross margin 6,667
adv expense -5,000
admin expense <u>-6,000 </u>
net loss 4,333
Answer:
The correct answer is A
Explanation:
Seasoned loan is the loan which is defined as the loan that has been made out for at least a year, in which the borrower of the loan has a good history in relation to the payment of the loan. It is considered a sign that the loan will be unlikely to default. And it may command the higher prices on the secondary market.
In short, it is defined as the loan which has been paid on time and the adequate amount of time to give the lender, the belief that it will be continue in this way.
So, it is a loan with the payment record of the payments made by the borrower.
The ethical relativism principle represents that there is no means to identify between right and wrong in morality, while the moral relativism principle declares that there is no manner to differentiate between right and wrong in morality.
<h3>What is ethical and Moral relativism?</h3>
Morality is said to be relative to one's culture's norms, according to ethical relativism. To put it another way, the moral rules of the society in which a process is carried out decide whether it is proper or wrong.
A morally correct behavior in one civilization may be ethically incorrect in another. Acceptance of a fact-value gap has driven most kinds of ethical non-cognitivism, such as moral relativism.
Moral relativism, unlike ethical non-cognitivism, does not deny that moral assertions can be true; rather, it denies that they can be made true by an objective, transcultural moral order.
Therefore, the ethical and Moral relativism are the correct answers of the given problem.
Learn more about the morality, refer to:
brainly.com/question/13324831
#SPJ1
Answer and Explanation:
The computation of projected sales for 2019 by quarter and in total is shown below:-
Base sale amount Increase sale Quarter of projected
percentage sales
Quarter 1 $20,000
Quarter 2 $20,000 5% $21,000
Quarter 3 $21,000 5% $22,050
Quarter 4 $22,050 5% $23,152.5
Total $86,202.5
Here, we have increased 5% every quarter to reach quarter of projected sales.
The computation of XCs to be produce is shown below:-
Budgeted XCs to be produced + Desired ending inventory Available - opening finished inventory
= 1,400 + (900 × 60%) - 300
= 1,400 + 540 - 300
= 1,940 - 300
= 1,640
