Financial statements of kansas ltd (fr) for 2x13 are authorized by management and auditors on february 15, 2x13 for issuance on february 28, 2x13. on february 20, kansas settles as a plaintiff (payer of settlement) a 5 million euro lawsuit. cfo of kansas ltd (fr) makes a second decision regarding the presentation of the financial statements and decides this settlement does not need to be recognized in 2x13. he is:
(a) in compliance with the ifrs
(b) committing fraud
(c) manipulating data
Answers: 1
Business, 22.06.2019 02:30
Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next
Answers: 2
Business, 23.06.2019 15:30
World systems manufactures an optical switch that it uses in its final product. world systems incurred the following manufacturing costs when it produced 74 comma 000 units last​ year: ​(click the icon to view the manufacturing​ costs.) another company has offered to sell world systems the switch for $ 13.50 per unit. the world systems prepared an outsourcing decision analysis to show the cost per unit of making the switches versus the cost per unit of buying​ (outsourcing) the switches. ​(click the icon to view the outsourcing decision​ analysis.) world systems needs 86 comma 000 optical switches next year​ (assume same relevant​ range). by outsourcing​ them, world systems can use its idle facilities to manufacture another product that will contribute $ 140 comma 000 to operating​ income, but none of the fixed costs will be avoidable. should world systems make or buy the​ switches? show your analysis.
Answers: 2
Business, 23.06.2019 20:00
Many states create licensing requirements for a variety of professionals (such as lawyers and accountants) designed to restrict entry into their market by professionals from other states. this strategy limits growth strategies.
Answers: 2
Financial statements of kansas ltd (fr) for 2x13 are authorized by management and auditors on februa...
Mathematics, 29.06.2020 07:01
English, 29.06.2020 07:01
Mathematics, 29.06.2020 07:01
Mathematics, 29.06.2020 07:01
Mathematics, 29.06.2020 07:01
Business, 29.06.2020 07:01
Advanced Placement (AP), 29.06.2020 07:01