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Ethical Considerations in Pricing Decisions To begin, read the following scenario: Perfect Designs has been asked to prepare a bid to provide four fashion models with upscale designs for an upcoming competition. Janes Jones, the sales representative for Perfect Designs, works entirely on commission. Neil Gross, the cost accountant for the company, prepares the bid based on the following cost information: Direct CostsDesign Costs$20,000Materials$70,000Direct Labor$10,000Fittings$20,000Overhead CostsDesign Software$5,200Materials Handling$4,800General and Admin$8,000Total Overhead$18,000Full Product Costs$138,000 Based on Perfect Designs policy of pricing at 120% of full cost, Neil Gross determines that the bid for this job should be $165,600. However, Janet Jones is very alarmed and tells Neil Gross that at that price, the company will likely not win the bid. She explains that she spent $600 of company funds to take the fashion models to a day spa where they revealed that a bid of $156,000 would win the job. Janet further reasons that the company will still make money if it wins the bid at $156,000 because it is higher than the full cost of $138,000. In your initial post, address the following questions: Is the $600 spent on the day spa relevant to the bid decision? Why or why not? Explain. Neil Gross suggests that if Janet Jones is willing to use cheaper materials, she can achieve a bid of $156,000. What is the target cost of materials that will allow Janet Jones to submit a bid of $156,000 assuming a target markup of 20% of full cost? Note: A cost reduction can only be achieved from materials, no other costs can be reduced. Evaluate whether Janet Jones suggestion to Neil Gross to use the fashion models' tip is unethical. Would it be unethical for Janet Jones to reduce the cost of materials to arrive at a lower bid? What steps should Janet Jones and Neil Gross take to resolve this situation? In assessing the situation, refer to the Standards of Ethical Conduct for Management Accountants from the Institute of Management Accountants.

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Select all the true statements about saturated and unsaturated hydrocarbons. Alkanes are insoluble in water, whereas alkynes are soluble in water. Alkanes readily undergo addition reactions, whereas alkenes do not. In alkanes, boiling point generally decreases with length. Benzene is nonpolar and insoluble in water. Alkynes are soluble in other hydrocarbons. Alkanes and alkenes are both nonpolar.

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f(x) = 5x - 6 a. f(-5) = b. f(3) = c. f(-a) = (Your answer should be in terms of a.) d. -f(a) = (Your answer should be in terms of a.) e. f(a + h) = (Your answer should be in terms of a and h.)

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The EM Pathway has two steps, with the first step being an energy investment phase, and the second step being the energy payoff phase. The production of the glyceraldehyde 3-phosphate molecule in the first step signals the reaction to proceed with the second step.

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William's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $620,000 and a contribution margin of 70% of revenues. William feels like he's in a giant squeeze play: The automotive manufacturers are demanding lower prices, and the steel producers have increased raw material costs. William's contribution margin has shrunk to 40% of revenues. The company's monthly operating income, prior to these pressures, was $101,000. Requirement 1: To maintain this same level of profit, what sales volume (in sales revenue) must William now achieve? Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach. Fixed expenses Operating income / Contribution margin ratio = Target sales in dollars (Round your answer up to the nearest whole dollar.) William must now achieve sales of $1,802,500 to maintain the same level of profit. Requirement 2: If monthly sales are $1,030,000, by how much will he need to cut fixed costs to maintain his prior profit level of $101,000 per month? Fixed expenses can only be $311,000 in order to maintain the prior profit level of $101,000 per month. Therefore, William will have to save at least $309,000 per month in fixed costs by moving operations overseas if he plans to maintain his prior profit level.

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Which of the following is a correct statement regarding law governing the incorporation process and corporate taxation? Multiple Choice Federal law exclusively governs the incorporation process and corporate taxation. Federal law exclusively governs the incorporation process while state law exclusively governs corporate taxation. Federal and state law jointly address the incorporation process while federal law exclusively governs corporate taxation. Each state has different laws governing the incorporation process and different corporate tax rates. All fifty states have adopted uniform laws governing the incorporation process and corporate taxation.

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Find the value of $x$ in the isosceles triangle shown below. 8 8 $x$ 8 Choose 1 answer: A $x = \sqrt{16}$ B $x = \sqrt{48}$

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9. Each face of a cube is a square with a side length of 7 inches. What is the total area of all of the faces of the cube?

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Direction: Answer the questions below. Write your answer in your big notebook. 1. Tell whether each statement is True or False. 1. The expression 2x-y is a binomial. - F 2. The polynomial 2x-5y-7 is a trinomial. 3. The degree of a binomial is always 2. 4. The degree of the polynomial $x^3y$-13xy+1 is 3.

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2. \frac{2}{8} + 63\frac{5}{12} =

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benjamin q.