Given below are two industries, for each industry identify two important risks faced by the companies that
Question:
Given below are two industries, for each industry identify two important risks faced by the companies that compete within that industry. Also described one control that companies could use to reduce the risks that you have identified.
- Banking (example Royal Bank of Canada)
- E commerce (example Amazon)
Q. The following information pertains to the most recent quarter at precious production limited-
Purchases of raw materials | 360 000 |
raw material inventory beginning | 40,000 |
raw material inventory ending | 68,000 |
depreciation factory | 168000 |
insurance factory | 20,000 |
direct labour | 240,000 |
maintenance, factory | 120,000 |
administrative expenses | 280000 |
sales | 1800000 |
utilities, factory | 108000 |
supplies, factory | 4000 |
selling expenses | 320,000 |
indirect labour | 260,000 |
work in process inventory, beginning | 28,000 |
work in process inventory, ending | 120,000 |
finished goods inventory, beginning | 40,000 |
finished goods inventory, ending | 160,000 |
Prepare a schedule of cost of goods manufactured and income statement