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Maksim231197 [3]
3 years ago
10

Action Aaron McKinney is a cost accountant for Majik Systems Inc. Martin Dodd, vice president of marketing, has asked Aaron to m

eet with representatives of Majik Systems’ major competitor to discuss product cost data. Martin indicates that the sharing of these data will enable Majik Systems to determine a fair and equitable price for its products. Would it be ethical for Aaron to attend the meeting and share the relevant cost data? Why or why not?
Business
1 answer:
Lilit [14]3 years ago
3 0

Answer:It will not be ethical for Aaron to attend the meeting and share relevant cost data

Explanation:

Sharing of the relevant cost data will enable the competitor to have a good idea of what goes into Aaron production and it's pricing policy which may be use to the advantages of the competitor.

Furthermore there is no law that protect a firm from his competitor abuse of information obtain through mutual consent.

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Will supply curve have the same exact shape in all market? if not, how will the differ?
Licemer1 [7]

Answer:

At the markets eqilibirium , the quantity demand and the quantity supplied will be equal.If there is a shortage, the quantity demand will be larger than the quantity supplied. If there  is a surplus , the quantity demand will be smaller than the quantity supplied.

Explanation:

4 0
3 years ago
The Baldwin company will continue to train their existing workforce at their current level to help reduce turnover and improve p
Anarel [89]

Answer: $1,600

Explanation:

The training hours per employee can be calculated by multiplying the Employee Training hours by the cost of training per employee.

From the Attached document, the Baldwin company does 80 hours of training for employees.

The Training costs per Employee is;

= 80 * 20

= $1,600

6 0
3 years ago
Tobin starts a catering company of his own and earns a substantial profit in the first year itself. His total earnings are more
Nastasia [14]

Answer:

The correct answer is: greater financial success.

Explanation:

Entrepreneurship brings many advantages to individuals who decide to go on with their ventures. Personal freedom, working at your own schedule, being your own boss, total control over decisions, and greater income are some of them. The disadvantage relies on the fact that all the responsibility relies on one person and working hours are likely to increase.

5 0
4 years ago
Beverages, Ltd., of Fiji uses the weighted-average method in its process costing system. It makes blended tropical fruit drinks
Fittoniya [83]

Answer:

Explanation:

1

                                                          Units          %Material  

Units completed & Transferred     289,000        100          289,000

Units of ending WIP                         68,000           75             51,000

Equivalent units of production                                               340,000

                                                     

                                                      % Conversion      EUP Conversion

Units completed & transferred out     100                   289,000

Units of ending WIP                               25                       17,000

Equivalent units of production                                      306,000

2

                                                 Material                     Conversion

Beginning WIP                         20,000                            6,200

Added cost in June                 214,600                        131,500

Total                                          234,600                        137,700

Equivalent unit of production    340,000                     306,000

Cost /equivalent unit                   0.69                              0.45

3

                                      EUP              Cost/ EUP          Total

Material                        51,000               0.69               35,190

Conversion                   17,000               0.45                7,650

Total cost of ending WIP                                            42,840

for materials ,conversion

4

                                  EUP                 Cost / EUP       Total

Material                     289,000            0.69             199,410

Conversion               289,000            0.45              130,050

Total cost of units transferred out                          329,460

5

Reconciliation report

Cost of beginning WIP         20,000         6,200         26,200

Cost added in the month     214,600        131,500      346,100

Total                                                                               372,300

Cost of units transferred out               329,460

Cost of ending WIP                                42,840      

Total                                                         372,300                                                                              

8 0
3 years ago
A machine costs $260,000 to purchase and will provide $60,000 a year in benefits. The company plans to use the machine for 12 ye
MaRussiya [10]

Answer:

$133,828.98  

Explanation:

The computation of the net present value is shown below:

Year Cash flows Discount factor Present value

0 $260,000.00               1                         $260,000.00 (A)

1 $60,000.00         0.9009009009 $54,054.05

2 $60,000.00        0.8116224332            $48,697.35

3 $60,000.00        0.7311913813            $43,871.48

4 $60,000.00        0.6587309741          $39,523.86

5 $60,000.00        0.5934513281          $35,607.08

6 $60,000.00        0.5346408361       $32,078.45

7 $60,000.00         0.4816584109        $28,899.50

8 $60,000.00         0.4339264963        $26,035.59

9 $60,000.00         0.3909247714        $23,455.49

10 $60,000.00         0.3521844788        $21,131.07

11 $60,000.00         0.3172833142          $19,037.00

12 $75,000.00         0.2858408236        $21,438.06

Total present value                                     $393,828.98  (B)

Net present value                                   $133,828.98     (B - A)

The discount is come from

= 1 ÷ (1 + rate) ^ years  

4 0
3 years ago
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