Answer:
The correct answer is A
Explanation:
Change in accounting principle is the term which is defined as when the business choose among the GAAP (generally accepted accounting principles) or changes the method with which the principle is used. These principles impact the way or the method used, and then estimates the particular recalculation.
For example, company using the different method of depreciation after the 1st year of operations pr switching among FIFO to LIFO methods of inventory valuation.
So, in this case, the company switch or change the completed contract method to the percentage of completion accounting method. Therefore, the company uses the change in the accounting principle.
Answer:
1.)a
2.)b
3.)c
4.)c
I think this could be the answer
Answer:
-$12,000
Explanation:
Given that
Annually earning = $30,000
Renting annually = $12,000
Total revenue = $260,000
Total cost = $230,000
The computation of economic profit is shown below:-
Economic profit = Total revenue - Total cost - Annually earning - Renting earning - Renting annually
= 260,000 - 230,000 - 30,000 - 12,000
= -$12,000
Answer:
The Darwin Company
Calculation of Manufacturing Overhead costs:
= $17,200
Explanation:
a) Data and Calculations:
Depreciation on factory equipment $4,700
Indirect labor 5,900
Factory rent 4,200
Factory utilities 1,200
Indirect materials used 1,200
Total Manufacturing overhead costs = $17,200
b) Darwin's manufacturing overhead costs will include only the above listed costs. Sales commissions, direct materials, direct labor, and office salaries expense do not form part of the manufacturing overhead costs. The manufacturing overhead costs are neither direct materials or labor costs or selling and administration costs.
Answer:
'Prevention is better than cure ' protecting children from exposure to lead is the most important for their lifelong health . prevention is the best way to consider with lead poisoning. we can not find safe blood lead level in the children it has been recognized , even low levels of lead in their blood have been prove to affect intelligent quotient , academic achievement and to giving attention ability . The impact of lead exposure can not be corrected. so before it occurs parents and others can take the most important step to obstruct lead exposure . If everyone can take steps for their children then we can prevent potential lead poisoning ( primary prevention)
To reduce the use and set free of lead some efforts are needed to continue to reduce occupational and exposures , specially for children and women of child- bearing age . Interventions include get riding of unimportant uses of lead such as in paint, ensuring the safe recycling of waste that is lead containing , for that we should educate the people about the importance of computers and of safe disposal of lead acid batteries and monitoring of blood lead levels in children , workers and women of childbearing age .
Secondary prevention aims on the early discovery of lead poisoning . To reduce the impact of lead in patients with recognized blood lead levels that the secondary prevention strategic manner globally.
The United Nations Environment Programme and World Health Organization jointly initiated the Global Alliance to Eliminate Lead Paint to achieve international aims to prevent children's exposure to lead from paints containing lead and to reduce occupational exposures to lead paint . Its main objective is to promote a aspect of the manufacture and sale of paints containing lead. International Week gives a chance to prepare political and social commitment for further progress.
The Ministry of Environment , Forest and Climate Change (MOEFCC) , Government of India has also prohibited manufacture , import business as well as export of decorative and household paints that is lead containing or mix with lead in excess of 90 parts per million with a remark as Regulation on Lead content i Household and Decorative paints Rules , 2016' this act passed in November 2016.
Some health tips to save guard lead exposure are -
- Children should get four to six small meals during the day and should get a healthy diet sufficient in iron , calcium and vitamin c .
- Lead can be brought into the living space from outside areas through shoes , so whenever inter the home take shoes off at the door .
- During pregnancy women should be counseled about the impact of pica.
- Wash our hands properly after and before of every meal , we know that it is a simple yet very important and effective method to preventive measures , specially during a young child's crawling and hand in mouth stage .
- The area where the child is playing should be cleaned regularly .
- Give safe items and toys to infants and toddlers .
- If a family home has lead pipes , use first water from pipes for other purpose ( other use ) before the morning use.
