Answer:
The fraud was discovered Option D: The operations manager found a check made payable to Phillips while searching Phillips' desk for some accounting records.
Explanation:
In the given case study, Ernie Phillips had got a job as a 'controller'. He had started writing checks to himself other than the payroll checks.
This fraud can be discovered when the operations manager found a check on Phillips desk which was payable to himself and it was other than the payroll check. Thus, Option D is the statement as an answer.
Cancelled checks do not have to do anything with the fraud, as per Option A, because cancelled checks are never cleared in the bank. The receiver doesn't usually receive a call before check clearance. So, Option B is also incorrect. No error was there in the check as stated in Option C.
Do you have a question about it?
I would need to see the chart but if BigBox has more, it would be they are the dominant, and same for CheapStore. basically, whoever has more revenue (money production) will have the dominant strategy.
Answer:
Ending WIP inventory: 31,264
Complete and transferred-out 367,629
Explanation:
Ending WIP inventory:
we mutiply the equivalent units by the equivalent cost
materials 2,000 x 13.86 = 27,720
conversion 800 x 4.43 = 3,544
total = 31,264
transferred units
as this are complete we can add up each cost component and do a single multiplication
13.86 + 4.43 = 18.29 cost for complete unit
20,100 x 18.29 = 367,629
