Complete the following table. (Round your answers to two decimal places.) Direct materials information Standard pounds per unit Standard price per pound Actual quantity purchased and used per unit Actual price paid for material per pound Direct materials price variance Direct materials quantity variance Total direct material variance Number of units produced S $ $ $ Medium speed bump 17 1.50 2.30 4,800 U 1,200 F 400 $ $ $ $ Large speed bump 2.30 17 3.00 8,330 U 5,110 U 700

Multiple choice: 1. Correction in accounts should NOT be A. Traceable B. Initialed C. Ruled D. Covered completely 2. To find an error, you should do all of the following except A. Double check every entry B. Find the difference between debits and credits C. Erase questionable entries D. Retrace any math computation

Discuss the objectives of eliminating receiving functions. Also, discuss the accounting and audit problems need to be resolved.

true or false: Performance reports help managers use management by exception and effectively control operations.

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Sales Discounts is a revenue account with a credit balance. True False Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Accounts often need to be adjusted because Select one: a. there are never enough accounts to record all the transactions. b. many transactions affect more than one time period. c. there are always errors made in recording transactions. d. management can’t decide what they want to report.

Describe how to fix accounting mistakes in detail.

Please use the below format for your submitted answers, using a table or spreadsheet: Response Spreadsheet or Table Format 1. Segregation of II. Subsidiary ledger Duties errors A1. COSO objective A2. Design adequacy or Operational effectiveness A3. Insignificant, Significant, or Material A4. Overall conclusions B1. IA reporting B2. Management reporting III. Untimely reconciliations