Discussion Question:
What are equivalent units? Why are they needed in a process-costing system? What is a production report? How does the operations manager use the production report to make business decisions?
Ethics Case: Accounting Fraud at Firm
After reading the scandal below, share your thoughts about the scandal and what you think the ethical issues in this case are from the perspective of an accountant. Primeaux, E. (2020). Fraud Magazine.