What is the total costs assigned to L9 (b) under single indirect-cost pool system?
A) 53,000
B) 57,000
C) 55,000
D) 54,000
Question 2
For the year ending December 31, Beard Clinical Supplies Co mistakenly omitted adjusting entries for (1) 9,800 of unearned revenue that was earned, (2) earned revenue that was not billed of 10,200, and (3) accrued wages of 7,000 . Indicate the combined effect of the errors on (a) revenues, (b) expenses, and (c) net income.