<u>Calcualtion of Cost of goods manufactured:</u>
(Note: It is assumed that the Cost of Material used is equal to the Cost of Material Purchased $234,000)
Total manufacturing cost = Cost of Material used + Direct labor costs + Allocated manufacturing overhead costs
Total manufacturing cost = 234,000+180,000+260,000 = $674,000
It is also assumed that there were no beginning or ending work in process inventory, that means Total manufacturing cost shall be equal to Cost of goods manufactured.
Hence, Cost of goods manufactured = <u>$674,000</u>
Answer: D. At least every third audit
Explanation: According to the AICPA Professional Standards of auditing. Testing the operating effectiveness of controls that appear to function as they have in past years and on which the auditor wishes to rely upon in the current year must be carried out at least every 3rd Audit.
This is done if the auditor plans to use audit evidence from a prior audit about the operating
effectiveness of specific controls. The auditor shall establish the continuing relevance of that
evidence by obtaining audit evidence about whether changes in those controls have
occurred subsequent to the previous audit.
Answer:
The cyclical unemployment rate is 4.2%
Explanation:
There is a natural unemployment rate which contains every unemployment rate which is cyclical unemployment plus structural unemployment plus frictional unemployment, so then in order to get cyclical unemployment we will use the below formula:
natural unemployment = Frictional unemployment + Cyclical unemployment +structural unemployment
therefore we are given the natural unemployment rate of 11%
Frictional Unemployment Rate of 4.4%
Structural unemployment rate of 2.4%
then we substitute on the above mentioned formula and solve for cyclical unemployment
11% =4.4% + Cyclical Unemployment Rate+ 2.4% then we transpose and solve for cyclical unemployment rate
11% - 4.4% -2.4% = Cyclical Unemployment Rate
4.2 % = Cyclical unemployment rate
this unemployment rate goes with the business cycle of any business in which if there is a recession in an economy it is accounted for even if there is economic growth it is accounted for.
Taxes or fees
hope this helps :3
<span>This part is the unparalleled individual in charge of dealing with the Item Excess and guaranteeing the estimation of the work the improvement group performs. The Item Proprietor has the obligation of characterizing what is the correct item to construct, deciding the request in which highlights will be manufactured, and ensuring that the item really works. The Item Proprietor is in charge of characterizing the highlights of the item to be produced by the group as far as:
Usefulness: Recognizes every item prerequisite as an Item Excess Thing and supplies points of interest for those necessities when they are required by the group, including indicating the acknowledgment tests for every necessity
Need: Characterizes the request in which those build-up things will be created, as indicated by the esteem that they convey to Clients and clients, which furnishes the group with an Item Accumulation prepared for Dash/Cycle arranging
Objective: Characterizes the discharge objectives and settles on choices concerning discharge arranging
The Item Proprietor has the accompanying duties:
Characterize the highlights of the item
Settle on discharge date and substance
In charge of the productivity of the item (return for money invested)
Organize highlights as per advertise esteem
Modify highlights and needs as required
Acknowledge or reject work comes about
This individual keeps up the Item Excess and guarantees that it is noticeable to everybody. Everybody comprehends what things have the most noteworthy need, so everybody on the advancement Group realizes what will be taken a shot at.
The Item Proprietor is one individual, not a board. Boards of trustees may exist that prompt or impact this individual yet colleagues who need to change a thing's need should first persuade the Item Proprietor. Along these lines, hierarchical techniques for setting needs and necessities are affected after some time by this part.
For the Item Proprietor to succeed, everybody in the association must regard their choices. Nobody is permitted to guide the advancement colleague to work from an alternate arrangement of needs. Colleagues are not permitted to take after the course of anybody whose heading does not concur with the bearing gave by the Item Proprietor. The Item Proprietor's choices are unmistakable in the substance and prioritization of the Item Excess. This perceivability requires that the Item Proprietor give a valiant effort. Perceivability makes the part of Item Proprietor both a requesting and a compensating background.
The Item Proprietor is in charge of the first of the three Scrum services, Dash/Emphasis Arranging. The advancement group assesses the organized Item Overabundance, recognizes the best need things, and focuses on finishing the chose things amid a Run/Emphasis. These things turn into the reason for the Dash/Cycle Build-up.
As an end-result of the advancement group's responsibility regarding finishing the chose undertakings, the Item Proprietor submits that they won't acquaint new necessities with the group amid the Run/Emphasis. Prerequisites are permitted to change however just outside the Run/Cycle. After the group starts a Dash/Cycle, it stays concentrated on the objectives of that Run/Emphasis. The main exemption to this decide is that a comparable measure of work can be expelled from a Run/Emphasis to suit another prerequisite.</span>
