Splish Brothers Industries collected $106,000 from customers in 2019. Of the amount collected, $25,700 was for services performed in 2018. In addition, Splish Brothers performed services worth $39,100 in 2019, which will not be collected until 2020. Splish Brothers Industries also paid $70,700 for expenses in 2019. Of the amount paid, $30,900 was for expenses incurred on account in 2018. In addition, Splish Brothers incurred $40,700 of expenses in 2019, which will not be paid until 2020. (a) Compute 2019 cash-basis net income. Cash-basis net income $ (b) Compute 2019 accrual-basis net income. Accrual-basis net income $

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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.)

Keshawn used to work for an it company in baltimore, but lost his job when his company decided to use workers in new delhi instead. this is an example of: