Your client performed the physical count of inventory as of november 30, one month prior to year-end. subsequently, your client closed the sales journal on 12/29/xx, two days before year end, and reported those two days' credit sales in january of the next year. assuming the client uses a perpetual inventory system which of the following is most likely to be overstated relating to the year xx financial statements? a. sales. b. cash. c. inventory. d. accounts receivable.

Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear