If ending inventory at the end of the year is understated, what is the effect on the cost of goods sold and net income?
a. Cost of goods sold will be overstated and net income will be overstated.
b. Cost of goods sold will be overstated and net income will be understated.
c. The cost of goods sold will be understated and net income will be understated.

Your take on decision making process

Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:

Globalman tech purchased raw material from newbiztr co. when the sales team at newbiztr co checked the system, there was no payment detail in the system, though the order-delivery details were present. also, it seemed that someone had tampered with the details of the previous order. which important data-management features were compromised? the of data was compromised because there were corresponding payment details. the of data was compromised as someone had tampered with the details of the previous order.