If a company recognizes defective inventory as good inventory instead of writing it off ,a. the balance sheet values will be inflated but the reported earnings will be accurate. b. there would be no impact on the earnings reported to the shareholders. c. the reported earnings will be inflated but the balance sheet values will be accurate. d. it would be reporting inaccurate earnings to its shareholders.

Elliott company produces large quantities of a standardized product. the following information is available for its production activities for march. units costs beginning work in process inventory 2,500 beginning work in process inventory started 25,000 direct materials $ 3,725 ending work in process inventory 5,000 conversion 11,580 $ 15,305 status of ending work in process inventory direct materials added 185,750 materials—percent complete 100 % direct labor added 182,375 conversion—percent complete 30 % overhead applied (140% of direct labor) 255,325 total costs to account for $ 638,755 ending work in process inventory $ 62,530 prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per eup, and its cost assignment and reconciliation. use the weighted-average method. (round "cost per eup" to 2 decimal places.)

Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?

An object that is clicked on and takes the presentation to a new targeted file is done through a