Instruction
For ACT 300
Find a companys financial statements, either on its website or at the SEC.gov website (in the search EDGAR section). Compare the Balance Sheet, Income Statement, and Statement of Stockholders Equity to the simple versions you studied and prepared this week. What are the similarities and differences? Be quite specific.
For ACT 305
Why do some companies use predetermined overhead rates rather than actual manufacturing overhead costs to apply overhead to jobs? What data do you need access to in order to set the needed estimates for this predetermined overhead rate?
Both assignments don't have to be more than a page.