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Job costing and ethics. Andre Preneur supervises two consulting jobs in the consulting firm of Dewey, Cheatham, and Howe, which does studies on environmental cleanup. One of the consulting jobs is for the Canadian government, the other is for General Electric, Inc. After receiving the monthly financial reports on the two jobs, he immediately called his boss to report that costs were way over budget on the General Electric job.‘‘The job is only about three-fourths complete, but we've spent all the money that we had budgeted for the entire job,'' he said.
‘‘You'd better watch these job costs more carefully in the future,'' his boss advised. ‘‘Meanwhile, charge the rest of the costs needed to complete the General Electric job to your Canadian government job. We're under budget on that job, plus we get reimbursed for costs on the government job.''
a. What should Andre do?
b. Does it matter that Andre's consulting firm is reimbursed for costs on the Canadian government job? Explain.
Safety Seats Co. recorded operating data for its shoe division for the year. The company's desired ROI is 5%- Which one of the following is the actual ROI for the year
make-or-buy decisionnbspcurtis corporation is beginning in manufacture mighty mint a new mouthwash in a small spray
What adjusting entry is made at the end of the year and what is the amount of interest expense reported in its annual income statement
The tax rate is 33 percent and the discount rate is 24 percent- hich system should the firm choose and why - Use the process of net present value to determine answer.
For the fiscal year, sales were $4,125,800, sales discounts were $380,000, sales returns and allowances were $186,750, and the cost of merchandise sold was $2,475,500.
1. management accountants usually plan for a small positive cash balance in their cash budgets for all of the
Average rate per page as a dollar and percentage and does the report indicate any cause of managerial investigation?
looker hats is planning to sell 600 and produce felt hats 700 during june. each hat requires 12 yard of felt and 14
Cost of ending work in process inventory in the first processing department according to the companys cost system
Based on the preceding spreadsheet, prepare an income statement, retained earnings statement, and balance sheet for Holism Consulting.
the relevant range, will the fixed manufacturing cost per unit increase, decrease, or remain the same? Explain - Compute Variable manufacturing cost per unit
question 1 evaluate the price of a 1 million bond issue under each of the given independent assumptionsnbspnbspnbsp
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