The final assignment gives you a chance to consider how one event from the 1960s has influenced your personal life, your career choice, and the global community. Discuss how your own life would be different if one specific event of the 1960s had never occurred. How did that same event influence your course of study and your choice of career path? Finally, how different would the world be if that same event had never occurred?
The total length of your paper should be 7 pages formatted in APA style. The first page is a title page. The seventh page is a reference page. Pages 2 through 6 are text. You should have a total of four references, at least one of which should be outside of the course materials. Please use only academic resources. Also, remember to use Times New Roman 12 font, set margins to one inch, and double space your paper.
Please take a look at the unit assignment grading rubric on the course syllabus before you submit. Use it as a checklist to see if you have answered all the required assignment questions and followed other requirements like the use of outside sources and APA formatting.
Thursday, February 18, 2016
Kobyashi Moru reports its inventory, fixed assets, depreciation and cost of goods sold on a current value basis
Kobyashi Moru reports its inventory, fixed assets, depreciation and cost of goods sold on a current value basis (fair market value on the date of the financial statements). Such accounting violates the cost principle of US GAAP. There is a disclosure of the pertinent facts stating this in a footnote on the key financial statements. What factors as the auditor of record, should you consider in deciding whether to issue a qualified or an adverse opinion in your final audit report? Prepare the following paragraphs that include the appropriate language. a. A qualified opinion b. An adverse opinion
Biometric Security Devices
Assume you are working for a medium-sized company that sells products on its Web site and that the company keeps the computers that run its Web server,? database server, and transaction processing server in the office next to yours. Describe what a biometric security device is and explain how your employer?might use one to more of these devices to protect its servers.?
Mill famously argued that the ethical action is what leads to the greatest amount of happiness for the greatest number of people
Mill famously argued that the ethical action is what leads to the greatest amount of happiness for the greatest number of people. Please write an essay about Mill's utilitarian ethical theory that answers the following questions:
1.Does utilitarian theory require us to--somehow--have certain knowledge about the future? Can we identify which actions will cause the greatest amount of happiness for the greatest number of people without having certain knowledge of the future? 2.Can a utilitarian consistently reject as immoral the enslavement of a small group of people whose enslavement brings great happiness to a much larger group of people? 3.Do either of these two problems (the 'knowing the future' problem and the 'justification of slavery' problem) mean that utilitarianism is an unsatisfactory ethical theory? Why or why not? Please ensure that your essay addresses each component of the assigned questions and that your answer is well-organized, uses excellent, college-level prose, and makes judicious use of textual evidence. Your essay should be 600-900 words long.
1.Does utilitarian theory require us to--somehow--have certain knowledge about the future? Can we identify which actions will cause the greatest amount of happiness for the greatest number of people without having certain knowledge of the future? 2.Can a utilitarian consistently reject as immoral the enslavement of a small group of people whose enslavement brings great happiness to a much larger group of people? 3.Do either of these two problems (the 'knowing the future' problem and the 'justification of slavery' problem) mean that utilitarianism is an unsatisfactory ethical theory? Why or why not? Please ensure that your essay addresses each component of the assigned questions and that your answer is well-organized, uses excellent, college-level prose, and makes judicious use of textual evidence. Your essay should be 600-900 words long.
Mucky Duck makes swimsuits and sells these suits directly to retailers
Mucky Duck makes swimsuits and sells these suits directly to retailers. Although Mucky Duck has a variety of suits, it does not make the All-Body suit used by highly skilled swimmers. The market research department believes that a strong market exists for this type of suit. The department indicates that the All-Body suit would sell for approximately $110. Given its experience, Mucky Duck believes the All-Body suit would have the following manufacturing costs.
Direct materials
$ 25
Direct labor
30
Manufacturing overhead
45
Total costs
$100
Instructions
• (a) Assume that Mucky Duck uses cost-plus pricing, setting the selling price 25% above its costs.
• (1) What would be the price charged for the All-Body swimsuit?
• (2) Under what circumstances might Mucky Duck consider manufacturing the All-Body swimsuit given this approach?
• (b) Assume that Mucky Duck uses target costing. What is the price that Mucky Duck would charge the retailer for the All-Body swimsuit?
• (c) What is the highest acceptable manufacturing cost Mucky Duck would be willing to incur to produce the All-Body swimsuit, if it desired a profit of $25 per unit? (Assume target costing.)
Exercise – 2
Allied Company’s Small Motor Division manufactures a number of small motors used in household and office appliances. The Household Division of Allied then assembles and packages such items as blenders and juicers. Both divisions are free to buy and sell any of their components internally or externally. The following costs relate to small motor LN233 on a per unit basis.
Fixed cost per unit
$5
Variable cost per unit
$8
Selling price per unit
$30
Instructions
• (a) Assuming that the Small Motor Division has excess capacity, compute the minimum acceptable price for the transfer of small motor LN233 to the Household Division.
• (b) Assuming that the Small Motor Division does not have excess capacity, compute the minimum acceptable price for the transfer of the small motor to the Household Division. (c) Explain why the level of capacity in the Small Motor Division has an effect on the transfer price.
Exercise – 3
Hawks Electronic Repair Shop has budgeted the following time and material for 2008.
HAWKS ELECTRONIC REPAIR SHOP
Budgeted Costs for the Year 2008
Time Charges
Material Loading Charges
Shop employees’ wages and benefits
$108,000
—
Parts manager’s salary and benefits
—
$25,400
Office employee’s salary and benefits
20,000
13,600
Overhead (supplies, depreciation, advertising, utilities)
26,000
18,000
Total budgeted costs
$154,000
$57,000
Hawks budgets 5,000 hours of repair time in 2008 and will bill a profit of $5 per labor hour along with a 30% profit markup on the invoice cost of parts. The estimated invoice cost for parts to be used is $100,000.
On January 5, 2008 Hawks is asked to submit a price estimate to fix a 72-inch big-screen TV. Hawks estimates that this job will consume 20 hours of labor and $500 in parts.
Instructions
• (a) Compute the labor rate for Hawks Electronic Repair Shop for the year 2008.
• (b) Compute the material loading charge percentage for Hawks Electronic Repair Shop for the year 2008.
• (c) Prepare a time-and-material price quotation for fixing the big-screen TV.
Problem 2: Process Throughput Rate
Develop an Excel spreadsheet that will determine the maximum throughput rate of a process (i.e. the actual throughput rate of the process if it is not being starved by supply or blocked by demand.) The spreadsheet should be able to adjust for the possibility that not all of the product will go through all steps. The spreadsheet should be able to calculate the throughput rate for any process with up to 12 steps.
Inputs will include:
• Labels for each of the steps in the process • Work-in-process inventory for each step of the process • Flow time for each step of the process • The percentage of product that passes through each step in the process
Outputs will include:
• Designed throughput rate for each step of the process • Maximum actual throughput rate for the entire process.
A random sample of 21 nickels measured with a very accurate micrometer showed a mean diameter
A random sample of 21 nickels measured with a very accurate micrometer showed a mean diameter
of 0.834343 inches with a standard deviation of 0.001886 inches.
a) Why would nickeldiameters vary?
b) Construct a 99 percent confidence interval for the true mean diameter of anickel.
c) Discuss any assumptions that are needed.
d) What sample size would ensure an error of± 0.0005 inches with 99 percent confidence?
(Data are from a project by MBA student BobTindall.)
NBC asked a sample of VCR owners to record “Late Night with David Letterman” on their VCRs.
Of the 125 VCR owners surveyed, 83 either “gave up or screwed up” because they did not understand
how to program the VCR.
(a) Construct a 90 percent confidence interval for the true proportionof VCR owners who cannot program their VCRs.
(b) Would viewers of this program betypical of all television viewers? Explain. (Data are from Popular Science 237, no. 5, p. 63.)
of 0.834343 inches with a standard deviation of 0.001886 inches.
a) Why would nickeldiameters vary?
b) Construct a 99 percent confidence interval for the true mean diameter of anickel.
c) Discuss any assumptions that are needed.
d) What sample size would ensure an error of± 0.0005 inches with 99 percent confidence?
(Data are from a project by MBA student BobTindall.)
NBC asked a sample of VCR owners to record “Late Night with David Letterman” on their VCRs.
Of the 125 VCR owners surveyed, 83 either “gave up or screwed up” because they did not understand
how to program the VCR.
(a) Construct a 90 percent confidence interval for the true proportionof VCR owners who cannot program their VCRs.
(b) Would viewers of this program betypical of all television viewers? Explain. (Data are from Popular Science 237, no. 5, p. 63.)
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