Question;DQ 1 Introduction to;Managerial Accounting;From Chapter 16, Ethical Issue 16-1. Complete all parts of the case and respond;to at least two of your classmates? postings.;Becky Knauer recently resigned from;her position as controller for Shamalay Automotive, a small, struggling foreign;car dealer in Upper Saddle River, New Jersey. Becky has just started a new job;as controller for Mueller Imports, a much larger dealer for the same car;manufacturer. Demand for this particular make of car is exploding, and the;manufacturer cannot produce enough to satisfy demand. The manufacturer's;regional sales managers are each given a certain number of cars. Each sales;manager then decides how to divide the cars among the independently owned;dealerships in the region. Because of high demand for these cars, dealerships;all want to receive as many cars as they can from the regional sales manager.;Becky's former employer, Shamalay;Automotive, receives only about 25 cars a month. Consequently, Shamalay was not;very profitable.;Becky is surprised to learn that her;new employer, Mueller Imports, receives over 200 cars a month. Becky soon gets;another surprise. Every couple of months, a local jeweler bills the dealer;$5,000 for ?miscellaneous services.? Franz Mueller, the owner of the;dealership, personally approves payment of these invoices, noting that each;invoice is a ?selling expense.? From casual conversations with a salesperson;Becky learns that Mueller frequently gives Rolex watches to the manufacturer's;regional sales manager and other sales executives. Before talking to anyone;about this, Becky decides to work through her ethical dilemma.;Requirement;1. Put yourself in Becky's place.;a. What;is the ethical issue?;b. What;are your options?;c. What;are the possible consequences?;d. What;should you do?;DQ 2 Job Order and;Process Costing;Manufacturers use three inventory;accounts. Name each one and explain what costs each contain.
Paper#41155 | Written in 18-Jul-2015Price : $22