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Question 1: What options should you consider in the handling of this situation? How do you approach your team members? Your team members ask you for your advice on how to proceed. What are your recommendations?
You work for ABC Company that does a lot of business overseas. ABC Company has sent their best team, of which you are a part and do presentation to a new highly important client, XYZ Company. The team is led by a female that has done more international presentations than anyone else in the company, who has been with the company since its inception, is highly recognized throughout the industry, and the one person who has mentored you throughout your career at ABC Company. As the team patiently waits to begin their presentation, a member of XYZ Company's management informs you that the meeting will not begin, and the XYZ Company's management will not come into the room, until the female team member leaves. It quickly becomes apparent to you that the XYZ Company's management team believes females should not be in the workplace. Does this situation cause any ethical issues?
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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