Response:
A. Report if you’ve been placed on any state or federal exclusion list
Clarification:
While employed within an organization, certain responsibilities concerning compliance, integrity, and honesty are present, including but not limited to:
1. Reporting if they find themselves on a state or federal exclusion list, inclusive of the Officer of Inspector General (OIG) and the General Service Administration (GSA)
2. Promptly report any criminal offense if convicted, except for minor traffic violations
Convictions do not pertain to the following:[
a. Arrests or charges
b. Dismissed judicially
c. Felony convictions, which also entails controlled substance offenses must always be reported
thus, the correct selection is a.
Answer:
Ending inventory cost for April is equal to $121,875
Explanation:
Based on the information provided in the question:
Unit production cost Absorption cost Variable cost
Direct material $15 $15
Direct labor 10 10
Variable factory overhead 7.5 7.5
Fixed factory overhead 5
Total cost $37.5 $32.5
Finished goods inventory calculation results in 12,500 - 8,750 = 3,750
The cost of the finished goods inventory calculated using absorption costing = 3,750 × $37.50
= $140,625
The finished goods inventory cost using variable costing = 3,750 × $32.50
= $121,875
The gross profit method of inventory valuation is invalid under the circumstance where the gross margin percentage experiences significant changes throughout the year.
Response:
The proper course of action is to converse with the individual and assist him in resolving the issues; if he is unable to do so, then consider alternative steps. Engaging in dialogue and showing empathy towards the person cultivates a positive perception of the company among colleagues and the media.
Clarification:
Initially, the manager should communicate with Owen, addressing the situation he has observed and inquiring whether there is a problem he can help with to enable Owen to perform his duties effectively again. Furthermore, if Owen identifies the problem, the subsequent step would be to look for potential solutions to those issues, while also providing encouragement and reassurance that the company is supportive of Owen's efforts to resolve his problems so he can return to performing at his best. Ultimately, following these actions, it is essential to monitor Owen to determine if he has reverted to normal work habits, and to implement additional measures if necessary.
