An example of a sunk cost in a capital budgeting decision for new equipment is:

Answer the following three questions using the information below: Ossmann Enterprises reports year-end information from 20X4 as follows:Sales (80,000 units) $480,000Cost of goods sold 320,000Gross margin 160,000Operating expenses 130,000Operating income $ 30,000Ossmann is developing the 20X5 budget. In 20X5 the company would like to increase selling prices by 8%, and as a result expects a decrease in sales volume of 10%. All other operating expenses are expected to remain constant. Assume that COGS is a variable cost and that operating expenses are a fixed cost.Should Ossmann increase the selling price in 20X5?

McKenna Company manufactured 1,000 finished good units during April with a total (fixed and variable) flexible overhead budget of $12,400. The allocation base for both fixed and variable overhead is labor hours.  The accountant has been unable to complete the variance analysis report. Selected information is: Variable overhead: Standard cost per finished good unit: .4 labor hours at $4 per hourActual costs: $2,100 for 376 hoursWhat is the flexible budget for variable overhead?

Ethical dilemmas are the study of how ethical theories are put into practice.

The final step in solving an ethical dilemma is to make a decision.

The last level of Lawrence Kohlberg’s stages of ethical reasoning is conventional.

Answer the following questions using the information below:Assume the following cost information for Fernandez Company:Selling price $120 per unitVariable costs $80 per unitTotal fixed costs $80,000Tax rate 40%What minimum volume of sales dollars is required to earn an aftertax net income of $30,000?

An ethical dilemma can be resolved with a satisfactory answer to the problem.

7. Taxonomize this plant.

The basic assumption of ethical theory is that a person as an individual or community is in control of all the factors that influence the choices that he or she makes.