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In its first month of operation, Kuhlman Company purchased 240 units of inventory for $8, then 340 units for $9, and finally 280 units for $10. At the end of the month, 310 units remained.Compute the amount of phantom profit that would result if the company used FIFO rather than LIFO.

part 1:What is re-forecasting and how is it used in the budgeting process in your organization?How is re-forecasting similar to and different from continuous budgeting or rolling budgets?part 2:Consider the article ” Practice developments in budgeting: An overview and research perspective”:What are your reactions to the article?How could the ideas presented in this article help […]

UCR IT Auditing and Assurance (MGT278B)Risk and Control MatrixDomain: InfrastructureControlNmbrBusinessProcessProcess Objectives1)INF_01 Servers (in general)2)3)1)Server – Domain NameINF_022)Server3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)Server – Database2)Servers3)1)Storage (on Server)2)3)1)Storage (on Network 2)NAS)3)1)Network Switches &2)Routers3)1)WiFi Access Points2)3)1)Local Area Network2)(LAN)3)1)Firewall(s)2)3)1)Internet Connection2)3)1)Cabling2)3)1)Workstations2)3)1)Photocopiers2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)1)2)3)SubdirectoriesServer – EngineeringINF_04 File Server (containsIntellectual Property)INF_07INF_08INF_09INF_10INF_11INF_12INF_13INF_14INF_15INF_16Test Procedures1)2)3)1)2)3)Server – General FileINF_06Control Activities1)2)3)1)2)3)INF_03 Services – UserINF_05Risks1)2)3)1)2)3)Server – ApplicationServersfile:///var/filecabinet/temp/converter_assets/2b/5a/qattachments_2b5a05079aba0b3bc993c5c5150e114b602dc96b.xlsxPage 1 of 2UCR IT Auditing and Assurance (MGT278B)Risk […]

The bowed shape of the production possibilities curve explains:a) that demand is relatively inelastic.b) the law of increasing marginal cost.c) that production is unattainable.d) that production is inefficient.Students choose to study because the marginal benefit is greater than the:a) marginal revenueb) marginal costc) total costd) expected costTransaction costs are included as a component of:a) marginal […]

Tom Emory and Jim Morris strolled back to their plant from the administrative offices ofFerguson & Son Manufacturing Company. Tom is manager of the machine shop in thecompanies’ factory; Jim is manager of the equipment maintenance department.The men had just attended the monthly performance evaluation meeting forplant department heads. These meetings ha been held on […]

Forged Signatures. Visiting Nurses Association of Telfair County, Inc. (VNA), maintained a checking account at Security State Bank in Valdosta, Georgia. Wanda Williamson, a VNA clerk,was responsible for making VNA bank deposits, but she was not a signatory on the association’s account. Over a four-year period, Williamson embezzled more than $250,000 from VNA by forging […]

You own a firm with a single new product that is about to be introduced to the public for the first time. Your marketing analysis suggests that the demand for this product could be anywhere between 500,000 units and 5,000,000 units. Given such a wide range, discuss the safest cost structure alternative for your firm.You […]

Can you help me with my quiz? I only have one chance left.Quiz #2PREVIEW: BUS C150 Quiz 2- 15th Ed.1. Which of the following statements regarding the nature of the business market is true?Distribution channels for business products are significantly longer than those for consumer products.Customer relationships for business products tend to be short-term and […]

(Net advantage to leasing) Carrion Luggage, Ltd. is considering leasing $50 million worth of warehousing equipment under a lease that would require annual lease payments in arrears for five years. The net cash flows to the lessee over the term of the lease (with zero residual value) are given here. Carrion’s cost of secured debt […]

1. The treasurer of a large firm is considering investing $50 million in 10-year Treasury notes that yield 8.5%. The firm’s WACC is 15%. Is this a negative-NPV project? Explain.2. A project is expected to generate cash flows of $14,000 annually for five years plus an additional $27,000 in year 6. The cost of capital […]