Answer:
Goods shipped by the owner to the consignee who sells the goods for the owner.
Explanation:
Consignment goods -
It refers to the goods holded by the consignee which is responsible for selling the goods , is referred to as consignment goods .
The consignee receives certain amount of money as commision for the goods .
This method is used by many manufacturing firm , to have a smooth and proper distribution of goods and services .
Hence , from the given question ,
The correct option is first one .
The total projected misstatement of the firm is $92225 and it can be concluded that projected misstatement is more than the expected misstatement.
<h3>How to calculate the projected misstatement?</h3>
The total projected misstatement will be calculated thus:
= $3500 + ($15250/$910000 × 3000000) + (1550/70000 × 1750000
= $3500 + $50275 + $38750
= $92225
The projected misstatement is more than the expected misstatement. Therefore, there is an unacceptable risk that the true misstatement is more than the tolerable misstatement.
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brainly.com/question/25491204
Answer:
A. It widens the area inside the frontier on a production possibilities
curve.
Explanation:
Answer and Explanation:
The preparation of the differential analysis is presented below:
<u>Particulars Lease Machinery Sell Machinery Differential Effect on Income
</u>
Revenues $284,900 $275,700 $9,200
Costs $24,600 $13,785 $10,815
Income (Loss) $260,300 $261,915 -$1,615
It is better to sell the machinery as it has a loss of $1,615