Day: April 26, 2018

3. It is discovered that, at a health club, the owner has been putting a notation on the application of black membership applicants that reads “DNWAM”, which means “do not want as member. In addition, the black membership applicants are charges higher fees and are much less likely to be financed as other non black applicants. Can the black applicants bring a successful action under Title VII?

4. A black female employee is told that she cannot come to work with her hair in decorative braids traditionally worn in Africa, and if she continues to do so, she will be terminated. Does the employee have a claim under Title VII?

5. Bennie’s Restaurant chain routinely hires blacks, but it only assigns them to the lower-paying jobs as kitchen help, rather than as higher-paid servers, salad bar helpers, or managers. Bennie’s says it does not discriminate because it has many black employees. If suit is brought by the black employees, who will likely win? [based on Denny’s Rest]

Your next-door neighbor recently began a new job as assistant controller for X Corporation. As her first assignment, she prepared a performance report for January. She was scheduled to present the report to managemnt the next morning, so she brought it home to review. The report was torn up by your dog and you can only read the following data:
X CORPORATION
Direct Direct Variable Fixed
Material Labor Overhead Overhead

standard allowed cost
given actual output……..?……………?……………………….
(? kilograms (2 hours at
$12 per hour) $14 an hour)

Flexible overhead budget………………………………?…..$40,000

Acutal Cost………………..$189,000……….?……….?………?..
(14,000 kilos (8,800 hours
at $13.50 per at?per hour)
kilo)
Direct-material price variance….?
Direct-material quantity variance.$6,000 U
Direct-labor rate variance…………………..$8,800 U
Direct-labor efficiency variance……………..2,800 F
Variable-overhead spending variance……………………$2,640U…….
variable-overhead efficiency variance…………………. 1,200 F……
Fixed-overhead budget variance…………………………………$3250
Fixed-overhead volume variance…………………………………….?

In addition to the fragementary data still legible on the performance report, your neighbor happended to remember the following facts.
-planned porduction of X’s sole product was 500 units more than actual production
-all of the direct material purchased in January was used in production
-There were no beginning or ending inventories
-Variable and fixed overhead are applied on the basis of direct-labor hours. The fixed overhead rate is $4.00 per hour

Reconstruct the following facts:
1.planned production (in units)
2.Actual production (in units)
3.Actual fixed overhead
4.Total standard allowed direct-labor hours
5.actual direc-labor rate
6.standard varable-overhead rate
7.actual variable-overhead rate
8.tandard direct-material quantity per unit
9.direct-material price variance
10.applied fixed overhead
11.fixed-overhead volume variance
I have my numbers but am not sure im using the right formulas i need to double check my work. Im using managerial accounting 7th edition, ronald hilton ch.11

Can you give me your opinion on this: The CFO comes up to you one night and asks you to go out for a drink with her.

She tells you that she is scared out of her mind. She tells you that large amounts of compensation that were paid to the CEO were disguised and not reported properly.

She says that the Board thinks the CEO was paid total compensation of 1.5
million when in fact he really was paid 5 million in compensation, in part through disguised off shore accounts.

She tells you that she was having an “affair” with the CEO at the time and participated in hiding this compensation to the CEO. In return, she tells you, she received a very large but undisguised bonus.

She tells you all was fine until an auditor started asking questions today. After talking with her the auditor walked straight into the office of the Sr. VP for ERM.

She wants your advice. What should she do? Has SOX been violated?

What are the potential penalties? Should she hire a lawyer?

Should she come clean? She want your advice as to what she should do.

What do you say? Do you now have to report this since you both work for the same Company?

A variety of sources estimate that perhaps 85% of all job openings are not advertised online or in the newspapers. This helps lend credibility to the statement “It is not what you know but who you know”. With this in mind it is necessary for job seekers to develop a plan to penetrate the hidden job market and open themselves up to a wider array of opportunities.

Directions:
1. Click here to go to the Job-Hunt.org website and read about ways you can penetrate the Hidden Job Market.

2. Submit the following:
a. Utilizing the ideas presented of “Push”, “Pull”, and “Maintain” and integrating internet/library research develop your own personal strategy to find unadvertised opportunities. You must present at least two solid ideas in each area. 500-750 words.
b. “Maintain” promotes the establishment and usage of your network of contacts to tap into the Hidden Job Market. Submit the following information about five people in your network:
i. Names
ii. How you know them
iii. How they can help you tap into the Hidden Job Market

Part 2:

Please submit in the excel document.

1. The owner of a computer store rents printers to some of her preferred customers. She is interested in arriving at a forecast of rentals so that she can order the correct quantities of supplies that go with the printers. The data is shown blow.

a. Prepare a forecast for weeks 4 – 10 by using the three week moving average. What is the forecast for week 11.
Week Rentals 1 25 2 28 3 30 4 26 5 27 6 22 7 26 8 24 9 20 10 23

2. A manufacturer of grinding tools is concerned about the durability of its products which depends on the permeability of the sinter mixtures used in production. Suspecting that carbon might be the problem, the plant manager collected the following data.
Carbon Content 5.5 3 4.5 4.8 4.2 4.7 5.1 4.4 3.6 10
Permeability Index 16 31 21 19 16 23 20 11 20 ????
a. Determine the Index for week 10. Draw a Scatter plot of the data. b. Is there a relationship between permeability and carbon content?

3. Management of a shampoo company introduced a new 13.5 ounce pack and used an existing machine with some modifications to fill it. To check the consistency, the following data was used.
a. Using the 5 day moving average, what will the data for the 21st day be? b. Using Linear Regression, what will the 21st day be?
Day Data 1 13.00
2 14.10
3 14.20
4 12.80
5 13.10
6 14.00
7 12.90
8 13.60
9 13.20
10 13.70
11 13.30
12 14.00
13 14.10
14 13.10
15 14.10
16 13.60
17 14.30
18 14.40
19 13.80
20 13.80

4. The marketing vice-president of Getsmart Computers, a regional computer distributor, wants to develop a quarterly sales forecast for the coming year (year 10). He obtained quarterly sales data. What recommendations would you make in order to prepare a forecast? Why did you choose the methodology?

Your relative has agreed to provide your special occasion gift basket business with additional funds for start-up costs if you provide additional information regarding your goals and plans or strategies for the success of the business.

Write your relative a letter outlining your short-term, intermediate, and long-term goals for the business; your strategies to achieve these goals; and your tactics for implementation of your chosen strategies.

2-3 short-term goals for the business (goals that are achievable in less than one year)
2-3 intermediate goals for the business (goals that are achievable in one to five years)
2-3 long-term goals for the business (goals that are achievable in five or more years)
What business strategies will you use to reach these goals? Explain your strategy choices. (strategies are the plans to reach the business goals)
What are some of the tactics that you will use to implement these strategies?

I really do not understand what she asking for the difference between a strategy and a tactic

Scenario:

Bay City Health is a nonprofit, community-based, healthcare delivery network in Providence, Rhode Island. The network includes two acute-care hospitals, a network of more than 800 physicians, a broad ambulatory care network, home healthcare, and associated support services. The organization has a compliance department that is staffed with a director for compliance and several other supporting staff positions. The responsibility for the Compliance Department includes, but is not limited to, the following:

Ensuring that all departments and lines of business are in compliance with all contact requirements; accreditation standards; and all applicable federal, state, and local laws.
Developing and implementing policy and procedures that is consistent with the organization’s mission and goals while ensuring compliance with all external regulations.
Providing technical support to all departments and other lines of business regarding compliance issues.

ASSIGNMENT:
Please help so that I can complete this assignment.
The Compliance Committee for Bay City Health has requested an overview of medical record standards to the medical record management of Ocean Health Hospital, and they are interested in what direct care staff are taught regarding the medical records management.

Instructions:
Prepare a “medical records” overview for the Compliance Committee. Address the following in your PowerPoint presentation:

standard items in a medical record
legibility
retention of medical records
ownership of the medical record
internal monitoring

You do not need to address HIPAA in this overview as it has been addressed in depth in a previous presentation to the committee.

Question 1:

Suppose we discover definitive evidence for microbial life on Mars or Europa. Would the discovery alter your view of our place in the universe? If so, how? What if we made contact with an intelligent species from another world? Do you think it is likely that either kind of life exists elsewhere in the universe? Do you think that either kind will be discovered in your lifetime? Explain. (100 words)

Question 2:
If you had the chance to communicate with an extraterrestrial, what would you like to ask him (or her, or it)? What do you think the answer might be?(100 words)

Question 3:
If we do contact another civilization, how much should we tell them about us? Is it a risk to discuss our weaknesses? Do you think they are likely to try to attack? If so, why? Science fiction stories have suggested many possibilities, from using us as food, to enslavement, or possible alliances against their enemies. Pick one or more possibility (not necessarily one of these), and discuss it.(100 words)

Question 4:
In Star Trek, Dr. McCoy often told Captain Kirk that something was “Life, but not as we know it.”

Describe some kind of life that is not life as we know it. Explain how it gets energy, what it does, where it lives and how it reproduces. You may use an example from a book or movie, but an original idea would be better.(100 words)

Question 1:

Suppose we discover definitive evidence for microbial life on Mars or Europa. Would the discovery alter your view of our place in the universe? If so, how? What if we made contact with an intelligent species from another world? Do you think it is likely that either kind of life exists elsewhere in the universe? Do you think that either kind will be discovered in your lifetime? Explain. (100 words)

Question 2:
If you had the chance to communicate with an extraterrestrial, what would you like to ask him (or her, or it)? What do you think the answer might be?(100 words)

Question 3:
If we do contact another civilization, how much should we tell them about us? Is it a risk to discuss our weaknesses? Do you think they are likely to try to attack? If so, why? Science fiction stories have suggested many possibilities, from using us as food, to enslavement, or possible alliances against their enemies. Pick one or more possibility (not necessarily one of these), and discuss it.(100 words)

Question 4:
In Star Trek, Dr. McCoy often told Captain Kirk that something was “Life, but not as we know it.”

Describe some kind of life that is not life as we know it. Explain how it gets energy, what it does, where it lives and how it reproduces. You may use an example from a book or movie, but an original idea would be better.(100 words)

A company manufactures specialty devices for machinery. One particular device has reached maturity, and the company is considering whether to replace it with a newer model. Technologies have not changed dramatically so the new device would have similar functionality to the existing one but would be smaller and lighter in weight.

The firm’s three choices are to keep the old model, design a replacement with internal resources and purchase a new design from a firm that is one of it suppliers. The market for these devices will be either “receptive or “neutral” of the replacement model. The financial estimates are as follows: Keeping the old design will yield a profit of $6 million dollars. Designing the replacement internally will yield $10 million if the market is “receptive” but a $3 million loss if the market is “neutral.” Acquiring the new design from the supplier will profit $4 million under “receptive,” $1 million under “neutral. The company feels that the market has a 70% chance of being “receptive: and a 30% change of being “neutral”.

Calculate expected value for all courses of action and what actions yield the highest expected value?

A. There are three possible choices here.
B. If they stay with old design, the profit will be $6 million.
C. The EMV of developing the replacement internally is $6.1 million.
D. The company should choose the highest value, and develop a replacement product design with internal resources.

There could be more than one correct answer.