The accounting department at Blue Manufacturing Limited receives production information at the end of each week. The production floor supervisor reports time and production data and the payroll department reports labour cost data. How will the accounting department use this information? Why?
What will be an ideal response?
The accounting department is receiving data about labour hours and costs from two independent sources.
The accounting department should reconcile the information from the two sources as to hours worked and
dollars paid or accrued. This reconciliation ensures that the accounting department is using accurate
payroll data and that the payroll department is paying only for work performed.
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