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QUESTION

DUE IN AN HOUR

EMERSON ELECTRIC COMPANY

https://hsprod.investis.com/shared/v2/irwizard/sec_item_new.jsp?epic=emerson_electric1&ipage=11238881&DSEQ=&SEQ=&SQDESC=

1. Inventory comments: costing information.  What do you see? WIP?

2. Inventory:  How is inventory described for your SEC 10-K company?  LIFO, FIFO, and / or average cost? Relate your answer to topics in our course.

3. Cost and sources for production materials:  notice how cost is used in the SEC 10-K

4. Challenges and opportunities you see as you relate our current textbook topics to your company.  Details are high level in the SEC 10-K but organizations rely on Cost Accounting.

1 page double spaced answering the 4 questions

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