An error was made by marrow company in computing the percentage-of-completion of the current year's ending work-in-process inventory. the error resulted in the assignment of a lower percentage of completion to each component of the inventory than actually was the case. there was no beginning work-in-process inventory. what is the effect of this error on (1) cost assigned to cost of goods completed for the period (2) the computation of costs per equivalent unit? a) understated; understated b) understated; overstated c) overstated; understated d) overstated; overstated
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Business, 22.06.2019 01:30
Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be
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Business, 22.06.2019 21:00
Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.
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Business, 22.06.2019 23:40
Elite coffee and bakery, a café that offers a relaxing environment to enjoy quality coffees, teas, soups, and other menu items, has a poster in the front of its restaurants that reads, "we will always provide a quality product to our customers better meet the challenges of their day and always take the time to offer caring service one person at a time." this statement is elite's
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Business, 23.06.2019 00:10
Kcompany estimates that overhead costs for the next year will be $4,900,000 for indirect labor and $1,000,000 for factory utilities. the company uses direct labor hours as its overhead allocation base. if 100,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?
Answers: 3
An error was made by marrow company in computing the percentage-of-completion of the current year's...
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