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As the External Auditor and using a standard format memo (i.e. a short report of ½ to 1 ½ pages) please explain to Mr David Buttoner:
1) The concept of valuing Inventories at the "Lower of Cost or Market" (cite the AASB Handbook section),
2) The estimated "full absorption cost" of manufacturing 100 stag horn buttons, and
3) The appropriate value for the stag horn buttons inventory in total and per 100 buttons
- show calculations to justify your answer.
This is to be answered in your groups of 3-6 students, where each group will submit one report with the names and student numbers of all group members in the heading. The assignment is due 14 May/14, in class.
Explain how can you incorporate this type of analysis and awareness into your professional work in a way that enhances your value to your organization? Which tools covered in this course might most readily translate into expanding your personal an..
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evaluate the amount of funds ms.crawley needs to borrow for June, suppose that the beginning cash balance is zero and evaluate the amount of interest expense the restaurant will report on June pro forma income statement.
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