Boysenberry Corp. has the following information for the months of January, February, and March of the current year: JanuaryFebru
aryMarch Units produced10,00010,00010,000 Units sold9,5009,4009,800 Production costs per unit (based on 10,000 units) are as follows: Direct materials$20.00 Direct labor15.00 Variable factory overhead8.00 Fixed factory overhead4.00 Variable selling and admin. expenses10.50 Fixed selling and admin. expenses5.75 There was no beginning inventory in the month of January, and all units were sold for $75. Costs were stable over the three months. Calculate Boysenberry's ending inventory cost for February using the absorption costing method.
Explanation: The IRS commuting rule allows for business travel expenses to be deducted as business expenses but this does not apply to commutingexpenses.
Business travel expenses include Judi driving the company car to customer's locations or using any other form of transportation to meet a client. It even covers travelling by plane to another state for the same purpose.
It however does not apply to travelling between home and work, this is a daily travel expense as you need to get to work anyway.
To put it simply, Corporate Social Responsibility means that a company is concerned and responsible about how their actions affect People, Planet and their Profits (3 P's)
Following are the generally accepted principles of CSR.
Compliance with international commitments
Compliance with international and national laws and regulations
