Social Work homework help. Social Work homework help. A company’s manager’s estimating for completion rate for ending WIP for Direct material and conversion are been overstated.(Reported by manager: 74% completed for Direct Material, 26% completed for conversion costs, Actually: 50% done with material and 5~6% done with conversion)Under the overstating issue,What effect will the issue have on the company’s financial statement?what effects might the company have on the company’s taxes?
Social Work homework help
Social Work homework help. Social Work homework help. A company’s manager’s estimating for completion rate for ending WIP for Direct material and conversion are been overstated.(Reported by manager: 74% completed for Direct Material, 26% completed for conversion costs, Actually: 50% done with material and 5~6% done with conversion)Under the overstating issue,What effect will the issue have on the company’s financial statement?what effects might the company have on the company’s taxes?