Suppose that you have been given a summer job as an intern at issac aircams, a company that spy cameras for remote-controlled military reconnaissance aircraft. the company, which is privately owned, has approached a bank for a loan to it finance its growth. the bank requires financial statements before approvingsuch a loan. you have been asked to prepare the financial statements and were given the following list of costs: 1. depreciation on salespersons’ cars.2. rent on equipment used in the factory.3. lubricants used for machine maintenance.4. salaries of personnel who work in the finished goods warehouse.5. soap and paper towels used by factory workers at the end of a shift.6. factory supervisors’ salaries.7. heat, water, and power consumed in the factory.8. materials used for boxing products for shipment overseas. (units are not normally boxed.)9. advertising costs.10. workers’ compensation insurance for factory employees.11. depreciation on chairs and tables in the factory lunchroom.

List at least two policies or procedures your company can use to protect the health and safety of employees

Ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $860. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 320 units sold 285 units in ending inventory 35 variable costs per unit: direct materials $ 135 direct labor $ 355 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 64,000 fixed selling and administrative $ 27,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 245,100 cost of goods sold 205,200 gross margin 39,900 selling and administrative expense 31,275 net operating income $ 8,625 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing. what is the amount of the difference in net operating income between the two costing methods?

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?