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:
Th answer is: C) $13,000
Explanation:
The following amounts should be allocated to trust principal:
- $7,000 from the sale of bonds; those bonds were part of the trust principal
- $6,000 of stock dividends; new shares should be added to the trust principal since no cash was received
Earnings from rent ($1,000) and interest ($3,000) should be recorded as gross income.
Answer:
the fixed factory overhead volume variance is $1,180 unfavorable
Explanation:
The computation of the fixed factory overhead volume variance is shown below
= (Actual activity - normal activity)× fixed overhead cost per unit
= (3,400 × 1.5 - 5,500) × $2.95
= (5,100 - 5,500) × 2.95
= 400 × 2.95
= $1,180 unfavorable
Hence, the fixed factory overhead volume variance is $1,180 unfavorable
Simply we applied the above formula so that the correct amount could come
The amount of federal income tax withheld from her earnings was $1,458.17. her net pay for the month is $6,223.54.
A federal monarchy, inside the strict sense, is a federation of states with a unmarried monarch as normal head of the federation, however maintaining specific monarchs, or having a non-monarchical device of government, in the various states joined to the federation. The time period turned into delivered into English political and ancient discourse by Edward Augustus Freeman, in his records of Federal authorities (1863). Freeman himself thought a federal monarchy handiest possible inside the summary. The time period turned into delivered into English political and ancient discourse by Edward Augustus Freeman.
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Answer:
The correct answer is option C and D.
Explanation:
There are two approaches to calculate GDP.
- Income approach
- Expenditures approach
The income approach calculates GDP by looking at the factor incomes earned by the factors of production.
The expenditure approach looks at consumption expenditure, investment expenditure, government expenditure, and net exports to calculate GDP.
