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Does Gary want to increase or decrease original estimates

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Question -

1. How do the journal entries for recording depreciation for factory equipment differ from the journal entries for recording depreciation for office equipment?

2. Gary and Mary are production managers at GE. Production managers are rewarded with a bonus if the whole department exceeds their target profits for the year. Gary is asking Mary to change her estimate for the percentage of completion for the ending work in process.

A) Does Gary want to increase or decrease the original estimates? Why?

B) Should Mary change her original estimates? Why or why not?

Reference no: EM133007183

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