The sale price of the mountain bike is $468.97 (369.27 x 27% = 99.70 + 369.27)
Answer:
Option D. 5,400 9,000
Explanation:
The computation for the number of units produced is shown below:
But before that first determined the following calculations
Particulars Spoons Forks
Selling Price $150.00 $88.00
Less:
Variable cost per unit $80.00 $42.00
Contribution margin
per unit $70.00 $46.00
Machine hour per unit 5 3
Contribution margin
per machine hour $14.00 $15.33
As we can see that the contribution margin per machine hour of the fork is greater so it should be the first utilized
For 9,000 forks, total machine hours is
= 9,000 × 3
= 27,000
Now no of the spoons produced would be
= 27000 ÷ 5
= 5,400
Answer:
Rationalization
Explanation:
The Fraud Triangle has three legs:
- opportunity: what circumstances were needed or allowed for the fraud to occur? Weak internal controls, inadequate accounting policies, etc.
- incentive or pressure: what made the employee think about committing fraud? Financial expectations, bonuses based of performance, etc.
- rationalization: How does the employee justify to himself/herself committing fraud? My boss or colleagues treat me wrong, everyone else does it, it is the only solution for my problem, etc.
Answer:
The board of directors because the board of directors are ahead of the chief executive, but below the CEO. But have power to control who their CEO is.
By doing so, the company is contributing to the global tragedy of the commons.
Tragedy of the Commons is an unhappiness resulting from the cruelty of working for something. The tragedy of Shared Ownership arises when every human being tries to take natural resources that are common property for his personal interests to the detriment of other living beings.
The view that causes the Tragedy of Shared Ownership is the desire to gain a lot of profit for personal gain rather than distributing it to other humans and each getting a small share. This view will initially feel beneficial for those who use a lot of natural resources, but in the end the availability of natural resources will run out and actually have a negative impact on those who use them and for other humans. To prevent this, it takes a willingness to sacrifice by getting a little, but it will have a positive impact on the sustainability of the natural resources used.
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