54. Business Ethics on a Global Scale. After the fall of confidential business do the Soviet Union, the new government of Azerbaijan began agreement, Ilanjian dem
converting certain state-controlled industries to private own-
threatened to disclose th
ership. Ownership in these companies could be purchased supplier if payment was
through a voucher program. Frederic Bourke, Jr.
, and Vik- they had a contract and
tor Kozeny wanted to purchase the Azerbaijani oil company, against Ilanjian, seeking
SOCAR, but it was unclear whether the Azerbaijani president covery
, Ilanjian was unc
would allow SOCAR to be put up for sale. Kozeny met with
in these circumstances?
one of the vice presidents of SOCAR (who was also the son Fed. Appx. 827 (3rd Cir.
of the president of Azerbaijan) and other Azerbaijani leaders 5-8. Business Ethics
to discuss the sale of SOCAR. To obtain their cooperation, medical technologist at
Kozeny set up a series of parent and subsidiary companies Center. Dickman's sup
through which the Azerbaijani leaders would eventually was getting nonbusiness
receive two-thirds of the SOCAR profits without ever invest- from her work area wb
ing any of their own funds. In return, the Azerbaijani leaders Based on e-mails and on
would attempt to use their influence to convince the president work computer, the sta
to put SOCAR up for sale. Assume that Bourke and Kozeny state law. She was con
are operating out of a U. S. company. Discuss the ethics of this ness for financial gain o
scheme, both in terms of the Foreign Corrupt Practices Act Separate criminal inves

“wonderful! not only did our salespeople do a good job in meeting the sales budget this year, but our production people did a good job in controlling costs as well,” said kim clark, president of martell company. “our $11,150 overall manufacturing cost variance is only 3% of the $1,536,000 standard cost of products made during the year. that’s well within the 3% parameter set by management for acceptable variances. it looks like everyone will be in line for a bonus this year.” the company produces and sells a single product. the standard cost card for the product follows: standard cost card—per unit direct materials, 4.00 feet at $4.00 per foot $ 16.00 direct labor, 1.1 direct labor-hours at $13 per direct labor-hour 14.30 variable overhead, 1.1 direct labor-hours at $2.40 per direct labor-hour 2.64 fixed overhead, 1.1 direct labor-hours at $6.50 per direct labor-hour 7.15 standard cost per unit $ 40.09the following additional information is available for the year just completed: a. the company manufactured 20,000 units of product during the year.b. a total of 77,000 feet of material was purchased during the year at a cost of $4.25 per foot. all of this material was used to manufacture the 20,000 units. there were no beginning or ending inventories for the year.c. the company worked 24,000 direct labor-hours during the year at a direct labor cost of $12.50 per hour.d. overhead is applied to products on the basis of standard direct labor-hours. data relating to manufacturing overhead costs follow: denominator activity level (direct labor-hours) 19,000 budgeted fixed overhead costs $ 123,500 actual variable overhead costs incurred $ 64,800 actual fixed overhead costs incurred $ 120,900required: 1. compute the materials price and quantity variances for the year. (round standard price and actual price to 2 decimal places. indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i.e., zero 2. compute the labor rate and efficiency variances for the year. (round standard rate and actual rate to 2 decimal places. indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i.e., zero 3. for manufacturing overhead compute: a. the variable overhead rate and efficiency variances for the year. (round standard rate and actual rate to 2 decimal places. indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i.e., zero b. the fixed overhead budget and volume variances for the year. (indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i.e., zero

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no