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Ethics and standard costs (adapted from CMA exam). Western Farms is a producer of items made from local farm products that are distributed to supermarkets. Over the years, price competition has become increasingly important, so Doug Gilbert, the company's controller, is planning to implement a standard cost system for Western Farms. He asked his cost accountant, Joe Adams, to gather cost information on the production of strawberry jam (Western Farms' most popular product). Joe reported that strawberries cost $0.80 per quart, the price he intends to pay to his good friend who has been operating a strawberry farm in the red for the past couple of years. Due to an oversupply in the market, the prices for strawberries have dropped to $0.50 per quart. Joe is sure that the $0.80 price will be enough to pull his friend s strawberry farm out of the red and into the black.
Is Joe Adams's behavior regarding the cost information he provided to Doug Gilbert unethical? Explain your answer.
Snow Slope is a ski resort. One of their lifts unloads 1350 skiers per hour at the top of the slope. How many skiers are riding on the lift at any one time?
Discuss the generic strategy in the context of focal company.Reiterate the same focal company and identify the generic strategy for that focal company
Identify the factors that would impact the demand for the product that you have selected. If you wish to develop a forecast of the demand for this product in a future month (or for other appropriate time period), identify what type of forecasting met..
How does supply chain management work? Discuss the factors a production manager should take into consideration when choosing a production process.
As a risk management expert you have been asked by a large private hospital to help review and improve their risk management practices.
Facts: Juacikino Cipriano purchased an insurance policy on his house from Patrons Mutual Insurance Company.
Given the following information on a project develop early and late start budgets. Activity Predecessor Duration ES EF LS LF Budgeted Cost Actual Cost A -- 4 0 4 6 10 $10,000 $10,400 B -- 5 0 5 0 5 20,000 19,300 C A 3 4 7 10 13 15,000 15,250 D A 8 5 ..
Discuss the reasons underlying pension reform legislation and the impact of ERISA on the pension plans of many organizations.
Resistance is the most daunting feature of the leader at the helm of transformation.
In paragraph form, discuss what YOU believe is more important for successfully completing a project--the formal project management structure or the culture of the parent organization?
What are your thoughts on Black Friday in store deals versus Cyber Monday, do you find one to be more beneficial to the consumer than the other?
What retention rate would we need to double this customer lifetime value, leaving everything else unchanged?
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