SEC 280 Entire Course + Final Exam

http://www.devrygenius.com/product/sec-280-entire-course-final-exam

SEC280 Week 1

Your boss has just heard about some nefarious computer activities called ping sweeps and port scans. He wants to know more about them and what their impact might be on the company. Write a brief description of what they are, and include your assessment of whether the activities are something to worry about or not. This assignment requires two to three pages, based upon the APA style of writing.

SEC280 Week 2

You are the Information Security Officer at a medium-sized company (1,500 employees). The CIO asks you to explain why you believe it is important to secure the Windows and Unix/Linux servers from known shortcomings and vulnerabilities. Explain to your CIO what you can do to make sure the network infrastructure is more secure.

SEC280 Week 3

ABC Institute of Research has sensitive information that needs to be protected from its rivals. The Institute has collaborated with XYZ Inc. to research genetics. The information must be kept top secret at any cost. At ABC Institute, the researchers are unsure about the type of key (asymmetric or symmetric) to use. Please formulate a possible solution, and describe the advantages and disadvantages of any solution employed.

SEC280 Week 4

Computer security is not an issue for organizations alone. Anyone whose personal computer is connected to a network or the Internet faces a potential risk of attack. Identify all the potential security threats on a personal computer. Identify some of the techniques an attacker might employ to access information on the system.

SEC280 Week 5

You have just been hired as an Information Security Engineer for a large, multi-international corporation. Unfortunately, your company has suffered multiple security breaches that have threatened customers' trust in the fact that their confidential data and financial assets are private and secured. Credit-card information was compromised by an attack that infiltrated the network through a vulnerable wireless connection within the organization. The other breach was an inside job where personal data was stolen because of weak access-control policies within the organization that allowed an unauthorized individual access to valuable data. Your job is to develop a risk-management policy that addresses the two security breaches and how to mitigate these risks.

SEC280 Week 6

Gem Infosys, a small software company, has decided to better secure its computer systems after a malware attack shut down its network operations for 2 full days. The organization uses a firewall, three file servers, two Web servers, one Windows 2008 Active Directory server for user access and authentication, ten PCs, and a broadband connection to the Internet. The management at Gem needs you to formulate an incident-response policy to reduce network down time if future incidents occur. Develop an incident-response policy that covers the development of an incident-response team, disaster-recovery processes, and business-continuity planning.

MATH 221 Entire Course + Final Exam ( 2 sets )

http://www.devrygenius.com/product/sec-280-entire-course-final-exam

MATH 221 Week 1 DQ Descriptive Statistics

MATH 221 Week 2 DQ Regression

MATH 221 Week 2 Ilab Correlation and Regression

MATH 221 Week 3 DQ Statistics in the News

MATH 221 Week 4 DQ Discrete Probability Variables

MATH 221 Week 4 ilab Discrete Data Probability Distributions

MATH 221 Week 5 DQ Interpreting Normal Distributions

MATH 221 Week 6 DQ Confidence Interval Concepts

MATH 221 Week 6 ilab Confidence Intervals.docx

MATH 221 Week 7 DQ Rejection Region

MATH 221 Week 8 Final Exam1.docx

MATH 221 Week 8 Final Exam2.docx

BUSN 420 Week 8 Final Exam

http://www.devrygenius.com/product/busn-420-week-8-final-exam

Page 1

1. (TCO 1) As an assistant in the legal department of a major corporation, your supervisor has asked you to do some research on how various laws may be applied in an upcoming case. Your department needs to coordinate with outside counsel and wants to be up to speed on how the law works. Explain the sources of law in the American legal system. Is our civil law system more or less advantageous than the common law system? Why is it important to understand all sources of law and where to find them? Explain your answer with examples in a business context. (Points : 25)

2. (TCO 2) Given the current economic climate nationwide and locally, the state of Delmarva would like to impose a higher tax on out-of-state companies doing business in the state than it imposes on in-state companies. The reason behind the legislature’s enactment of this law is to protect the local firms from out-of-state competition because they are losing local business, which is affecting the state’s economy. Is this law legal, or is it a violation of equal protection for a state to impose? What legal standards could the court apply in evaluating the constitutionality of a law and which would apply in this instance? Explain. (Points : 25)

3. (TCO 3) Create a brief scenario and walk it through the litigation process, beginning with how to select the proper jurisdiction of a court, and progressing through the basic steps leading to a resolution of the dispute through appeal.(Points : 25)

4. (TCO 4) Sandy mails a letter back to Andrea that she has signed; the letter makes reference to a car Andrea has for sale and Andrea’s desired price. When Andrea later delivers the car to Sandy, Sandy returns the car, claiming she does not want the car and that they did not have a contract, so she is not bound to keep the car. Andrea, however, claims they do have a contract and wants to enforce said contract for the price of the car. What standard would the court use to determine whether there is a contract between the parties for the sale of the car?(Points : 25)

5. (TCO 5) There are several distinctions in contract law between the UCC and common law as it relates to certain principles. As it relates to modification of a contract, how is the UCC’s treatment of this subject different from that of common law? What are the important factors to be considered? Provide an example that demonstrates the difference.(Points : 25)

Page 2

1. (TCO 6) Explain your understanding of administrative law. How would you classify administrative law from a categorical standpoint as it fits in the context of other areas of law and what procedures are involved in the administrative process as it pertains to an agency’s function and purpose?(Points : 25)

2. (TCO 7) Smart Corporation began marketing phone in 2002 under the mark “Smart.” In 2008, Smart.com, Inc., a different company selling different products, such as school supplies and the like, begins using “smart” as part of its website URL and registers “sMART” as its domain name. Can Smart Corporation stop this use of “sMART”? If so, what must the company show? Use the scenario given to explain your answer in this context.(Points : 25)

3. (TCO 8) Your Company, Inc. wants to do business with My Company, LLC. Because our companies are both savvy, they would like to conduct their business online. What determines the effect (or lack thereof) of the electronic documents evidencing the parties’ deal according to the Uniform Electronic Transactions Act (UETA)? Is a “signature” from one of the company’s a necessary part of the deal? Explain you answer by elaborating on the scenario with the facts you think are necessary to support your position.(Points : 25)

4. (TCO 9) Agency law plays a big part in corporate responsibility (and liability). Differentiate between an employee and an independent contractor. What is the difference and what are the key factors that must be considered in determining one’s status as an employee or independent contractor? Once status is determined, what affect will it have on the responsibilities of the agent? The principal? Is one status better than another? Why? Explain your answers using a representative example involving a principal, an agent, and a situation that would call the agent’s status into question.(Points : 25)

5. (TCO 10) Tim and Tom are twins. They live and work near the beach and are also partners in TnT, Inc., a bicycle messenger service. When deliveries are few, especially in the summer, Tom without telling Tim, rents the extra bicycles to tourists who want to explore the resort area. Because the bicycles aren’t being used for deliveries, is it acceptable for Tom to keep the proceeds he receives from renting leasing the unused bicycles? Explain your answer based on the facts in the scenario in the context of partnership law.(Points : 25)

BUSN 420 Entire Course + Final Exam

http://www.devrygenius.com/product/busn-420-entire-course-final-exam

BUSN 420 Week 1 Assignments.docx

BUSN 420 Week 1 Quiz.docx

BUSN 420 Week 2 Assignments.docx

BUSN 420 Week 2 Quiz.docx

BUSN 420 Week 3 Assignments.docx

BUSN 420 Week 3 Quiz.docx

BUSN 420 Week 4 Assignments.docx

BUSN 420 Week 4 Quiz.docx

BUSN 420 Week 5 Assignments.docx

BUSN 420 Week 5 Quiz.docx

BUSN 420 Week 6 Assignments.docx

BUSN 420 Week 6 Quiz.docx

BUSN 420 Week 7 Assignments.docx

BUSN 420 Week 8 Exam

BUSN 420 All 7 Weeks Discussions

MGMT 303 Entire Course + Final Exam (4 sets)

http://www.devrygenius.com/product/mgmt-303-entire-course-final-exam-4-sets

MGMT 303 Week 2 DQ 1 Business Decisions

MGMT 303 Week 2 Homework

MGMT 303 Week 3 Case Study

MGMT 303 Week 3 DQ 1 Multiculturalism and Diversity

MGMT 303 Week 3 DQ 2 New Business Ventures

MGMT 303 Week 4 DQ 1 Job Specialization

MGMT 303 Week 4 DQ 2 Resistance to Change

MGMT 303 Week 4 Midterm Exam

MGMT 303 Week 4 Midterm Exam Set 2

MGMT 303 Week 5 Case Study

MGMT 303 Week 5 DQ 1 Human Resource Management

MGMT 303 Week 5 DQ 2 Motivation and Performance

MGMT 303 Week 5 DQ 2 Recruiting Online

MGMT 303 Week 6 Case Study

MGMT 303 Week 6 DQ 1 Leadership Behaviors

MGMT 303 Week 6 DQ 2 Communications

MGMT 303 Week 6 DQ 2 Situational Leadership Model

MGMT 303 Week 8 Final Exam Set 1

MGMT 303 Week 8 Final Exam Set 2

MGMT 303 Week 8 Final Exam Set 3

MGMT 303 Week 8 Final Exam Set 4

MGMT 303 Week 8 Final Exam (4 sets)

http://www.devrygenius.com/product/mgmt-303-week-8-final-exam-4-sets

MGMT 303 Week 8 Final Exam Set 1

MGMT 303 Week 8 Final Exam Set 2

MGMT 303 Week 8 Final Exam Set 3

MGMT 303 Week 8 Final Exam Set 4

ACCT 304 Entire Course + Final Exam

http://www.devrygenius.com/product/acct-304-entire-course-final-exam

ACCT 304 Week 1 DQ 1 Development of Accounting Standards

ACCT 304 Week 1 DQ 2 Accounting Conceptual Framework

ACCT 304 Week 1 Homework Assignments.xlsx

ACCT 304 Week 1 Quiz

ACCT 304 Week 2 DQ 1 Balance Sheet- Purpose and Uses

ACCT 304 Week 2 DQ 2 Disclosure Notes

ACCT 304 Week 2 Homework Assignments.xls

ACCT 304 Week 2 Quiz

ACCT 304 Week 3 DQ 1 Income Statement

ACCT 304 Week 3 DQ 2 Cash-Flow Statement

ACCT 304 Week 3 Homework Assignments.xls

ACCT 304 Week 3 Quiz

ACCT 304 Week 4 DQ 1 Revenue Recognition

ACCT 304 Week 4 DQ 2 Time Value of Money Concepts

ACCT 304 Week 4 Homework Assignments.xlsx

ACCT 304 Week 4 Midterm

ACCT 304 Week 4 Midterm Set 2.docx

ACCT 304 Week 4 Quiz

ACCT 304 Week 5 DQ 1 Cash

ACCT 304 Week 5 DQ 2 Receivables

ACCT 304 Week 5 Homework Assignments.xls

ACCT 304 Week 5 Quiz

ACCT 304 Week 6 DQ 1 Inventory Classification and Systems

ACCT 304 Week 6 DQ 2 Inventoriable Costs Cost-Flow Assumptions

ACCT 304 Week 6 Homework Assignments.xls

ACCT 304 Week 7 Homework.xls

ACCT 304 Week 8 Final Exam.docx

ACCT 550 Week 8 Final Exam Set 2

http://www.devrygenius.com/product/acct-550-week-8-final-exam-set-2

1. Which of the following steps in the acquisition of goods and services by an activity accounted for by the General Fund generally occurs first?

2. During January 2011 General Fund supplies ordered in the previous fiscal year and encumbered at an estimated amount of $2,000 were received at an actual cost of $2,200. The entry to record this transaction will require a debit to

3. When materials that were ordered for a capital projects fund for use on a construction project are received but the invoice has not yet paid, what account is debited?

4. Which of the following is true for debt service funds?

5. Which of the following is not a typical means of dissolving an internal service fund that a city no longer needs or wants?

6. Which of the following account balances would only be reported if a city-owned utility followed regulatory accounting principles?

7. Customers' meter deposits, which cannot be spent for normal operating purposes, would be classified as restricted cash in the balance sheet of which fund type?

8. A local golfer contributed $100,000 to the city stipulating that the money be invested and that the earnings thereon be used for maintenance of the city golf course. The $100,000 would most appropriately be recorded in a(an)

9. A private-purpose trust fund sold investments in securities having a carrying value of $23,000 for $26,000, resulting in a $3,000 gain on the change in value. If there are no trust provisions to the contrary, the gain is generally

10. A statement of cash flows should be prepared for which of the following fiduciary fund types?

11. What is the minimum level of detail required for expenditures presented in the governmental fund statement of revenues, expenditures, and changes in fund balance?

12. Which of the following is one of the three sections of a comprehensive annual financial report?

13. Government-wide financial statements present the government's financial position using

14. A measure of the extent to which the government's business-type activities depend on subsidies from taxpayer or other general revenues rather than having the full cost of the activities' operations funded by charges to the users of the service is

15. A measure of whether the government lived within its means in the measurement year, or was required to use prior year resources to fund a portion of current year costs, or shifted the funding of some current year costs to future periods, is

16. A measure of the adequacy of the amount of the government's total unrestricted net assets or deficit at the measurement date is

17. One of the most important reasons to evaluate the financial performance of a government is to

19. A term that describes a government's ongoing ability and willingness to raise revenues, incur debt, and meet its financial obligations as they become due is

20. One of the purposes of the Federal Financial Management Improvement Act of 1996 was to

21. Which of the following officials has shared responsibility under federal law for establishing and maintaining a sound financial structure for the federal government?

22. The Comptroller General of the United States is the head of the:

23. An auditor would not render an opinion on a(an)

24. A single audit conducted pursuant to the Single Audit Act Amendments of 1996 requires which of the following types of audits?

25. All of the following reports are included in the reporting package resulting from the single audit except

26. Which of the following is not an element of a typical governmental total quality management (TQM) structure?

27. Which of the following might appropriately be termed an outcome indicator for a police department that reports service efforts and accomplishments (SEA) indicators?

28. Which basis of accounting best contributes to measuring the cost of services for rational budgeting purposes?

29. Which of the following statements is correct regarding reporting of special events and related direct costs under current FASB standards?

30. Public disclosure rules require that a tax-exempt not-for-profit organization

31. Tuition scholarships for which there is no intention of collection from the student should be classified by a private university as

32. Which of the following statements usually will not be included in the annual financial report of a governmentally owned public university engaged only in business-type activities?

33. Which of the following would usually be considered as temporarily restricted net assets in a nongovernmental not-for-profit hospital?

ACCT 555 Week 8 Final Exam

http://www.devrygenius.com/product/acct-555-week-8-final-exam

1. (TCO A) There are ten generally accepted auditing standards, divided into three categories. What are the standards of reporting?

2. (TCO A) Distinguish between generally accepted auditing standards (GAAS) and generally accepted accounting principles (GAAP). What professional organization establishes GAAS? What professional organization establishes GAAP?

3. Assume you are the partner in charge of the audit of Franklin Corporation's 2002 financial statements. The audit report has not yet been prepared. In each independent situation following, indicate the appropriate opinion you should issue and why you would issue that opinion

4. State whether there is any violation of the AICPA Code of Professional Conduct, and the nature of the violation. Where there is a violation, evaluate the potential legal liability the accountant may face. Justify your position

5. Discuss at least five of the actions that can be taken by individual CPAs, to protect themselves from legal liability

6. (TCO E) Bobby Thigpen, waiter at Relief Stop, has been taking cash from the restaurant. Thigpen prepares a customer's check from which the customer pays. Thigpen then destroys the check, and prepares a new one with different items of lower cost. He presents the new check and indicated amount on the check to the cashier, and saves the excess cash for himself. Question: Formulate three internal control features that the restaurant could implement, to eliminate this defalcation

7. Three types of legal documents and records that auditors examine in the planning phase of an audit are the corporate charter and bylaws, corporate minutes of meetings of the board of directors and stockholders, and contracts. Discuss the audit-relevant information contained in each of these three types of documents that an auditor should be aware of early in the audit.

1. (TCO F) What are specific audit objectives? Explain their relationship to the general audit objectives. (Points: 25)

2.(TCO H) Explain why it is necessary to allocate the preliminary judgment about materiality to individual accounts (segments) in the financial statements. Also explain why allocating to balance sheet accounts is more common than allocating to income statement accounts. (Points: 25)

Allocating the preliminary judgment about materiality to individual segments is necessary because evidence is accumulated for segments rather than for the financial statements as a whole. Allocating to segments establishes a tolerable misstatement amount for each segment, which helps the auditor decide the appropriate audit evidence to accumulate for each segment. Most practitioners allocate materiality to balance sheet accounts rather than income statement accounts because there are fewer balance sheet than income statement accounts

3. (TCO I) For each of the following potential misstatements, provide one potential audit test that could be used to detect the misstatement

4. (TCO I) Describe how the auditor tests the classification objective for accounts receivable. (Points: 25)

The classification objective is tested by reviewing the aged trial balance for material receivables from affiliates, officers, directors, or other related parties. If notes receivable or accounts that should not be classified as a current asset are included with the regular accounts, these should also be segregated. Finally, if credit balances in accounts receivable are significant, it is appropriate to reclassify them as accounts payable

5. The design of tests of details of balances for inventory is affected by audit results from multiple cycles. Identify the cycles, other than the inventory and warehousing cycle, that affect the audit of inventory

6. Describe three computer auditing techniques available to the auditor

7. (TCO K) Match seven of the terms (a-p) with the description/definitions provided below (1-7):

JADM 100 Week 8 Final Exam

http://www.devrygenius.com/product/jadm-100-week-8-final-exam

1. (TCO 1) Which of the following terms means procedural fairness?

2. (TCO 1) The theft of farm animals, or rustling, would be classified as:

3. (TCO 1) According to Robert Merton, a(n) ________ rejects the goals and accepts the means to achieve society's goals.

4. (TCO 2) An offense punishable by incarceration, usually in local confinement facility, for a period whose upper limit is prescribed by statute in a given jurisdiction, typically one year or less.

5. (TCOs 3&4) Which local law enforcement official is responsible for serving court papers, maintaining security within courtrooms, and running the county jail?

6. (TCOs 3&4) The legalistic style of policing:

7. (TCOs 3&4) Unreasonable searches and seizures are prohibited by the:

8. (TCOs 3&4) Historically, officers were allowed to use deadly force to prevent the escape of a suspected felon even when the person represented no immediate threat to the officer or the public. This was known as the:

9. (TCOs 3&4) The most widely used system of indigent defense is:

10. (TCOs 5&6) During a trial, the ________ happens before the closing statement, but after the jury selection.

11. (TCOs 5&6) Bail serves two purposes. One is to help ensure the reappearance of the accused at trial. The other is:

12. (TCOs 5&6) Which of the following is one of the more rational sentencing goals?

13. (TCOs 7&8) Historically, ________ was the most widely used type of physical punishment.

14. (TCOs 7&8) What word describes aggressive men who assume the masculine role in homosexual relations in male prisons?

15. (TCOs 7&8) This group experiences the highest rate of physical illness while in prison.

16. (TCO 9) When an act, such as "running away from home," is legal for adults but illegal for juveniles, it is called a:

17. (TCO 9) What term is applied to juvenile actions or conduct in violation of criminal law?

18. (TCOs 10&11) Which of the following drugs is reported to be used most frequently?

19. (TCOs 10&11) The bombing of Pan-American Flight 103 is considered:

20. (TCOs 10&11) Computer crime is also called:

1. (TCO 2) Describe at least two differences between civil and criminal law, then explain the significance of those differences.

2. (TCOS 3&4) Describe the fruit of the poisonous tree doctrine and explain its impacts on court proceedings.

3. (TCOs 7 & 8) Compare and contrast the philosophies of at least five prison eras in the history of the United States.

4. (TCO 9) Compare and contrast the differences between the juvenile and the adult systems; list at least five and explain the significance of the difference.

ACCT 434 Week 8 Final Exam

http://www.devrygenius.com/product/acct-434-week-8-final-exam

1. (TCO 1) Asignificant limitation of activity-based costing is the (Points : 5) attentiongiven to indirect cost allocation. manynecessary calculations. operations staff's attitude toward theaccounting staff. use itmakes of technology.

Question 2. 2. (TCO 1) Ireland Company produces a special spray nozzle. The budgetedindirect total cost of inserting the spray nozzle is $180,000. The budgeted number of nozzles to be inserted is 80,000. What is the budgeted indirect cost allocation rate for this activity? (Points : 5) $0.50 $1.00 $1.50 $2.25

Question 3. 3. (TCO 2)Fixed overhead costs include (Points : 5) thecost of sales commissions. propertytaxes paid on plant facilities. indirectmaterials. energycosts.

Question 4. 4. (TCO 2) Information pertaining to Brenton Corporation's sales revenue ispresented in the following table: February March April Cash Sales $160,000 $150,000 $120,000 Credit Sales 300,000 400,000 280,000 Total Sales $460,000 $550,000 $400,000 Management estimates that 5% of credit sales are not collectible. Of the credit sales that are collectible, 75% are collected in the month of sale and the remainder in the month following the sale. Cost of purchases of inventory each month are 80% of the next month's projected total sales. All purchases of inventory are on account; 50% are paid in the month of purchase, and the remainder is paid in the month following the purchase. Brenton's budgeted total cash payments in March for inventory purchases are (Points : 5) $385,000. $505,000. $306,250. $280,000.

Question 5. 5. (TCO 2)Budgeting provides all of the following EXCEPT (Points : 5) a means to communicate theorganization's short-term goals to its members. support for the management functions ofplanning and coordination. a meansto anticipate problems. an ethicalframework for decision making.

Question 6. 6. (TCO 3) For January, the cost components of a picture frame include $0.20for the glass, $0.85 for the wooden frame, and $0.60 for assembly. The assembly desk and tools cost $200. A total of 1,000 frames is expected to be produced in the coming year. What cost function best represents these costs? (Points : 5) y =1.80 + 400X y =400 + 1.80X y =200 + 1.65X y =1.00 + 400X

Question 7. 7. (TCO 3) Which cost estimation method may use time-and-motion studies toanalyze the relationship between inputs and outputs in physical terms? (Points : 5) Quantitativeanalysis method Account analysis method Conferencemethod Industrialengineering method

Question 8. 8. (TCO 4)Sunk costs (Points : 5) havefuture implications. are ignoredwhen evaluating alternatives. aredifferential. arerelevant.

Question 9. 9. (TCO 5) Throughputcontribution equals revenues minus (Points : 5) operatingcosts. directmaterial costs of goods sold. direct material costs and minus operatingcosts. directmaterial and direct labor costs.

Question 10. 10. (TCO 5) Producingmore nonbottleneck output (Points : 5)

Question 11. 11. (TCO 6) What type of cost is the result of an event that results in morethan one product or service simultaneously? (Points : 5)

Question 12. 12. (TCO 6) When a product is the result of a joint process, the decision toprocess the product past the splitoff point further should be influenced by (Points : 5)

Question 13. 13. (TCO 7) Anunderstanding of life-cycle costs can lead to (Points : 5)

Question 14. 14. (TCO 7) Pritchard Company manufactures a product that has a variable cost of $30 per unit. Fixed costs total $2,000,000, allocated on the basisof the number of units produced. Selling price is computer by adding a 12% markup to full cost. How much should the selling price be per unit for 300,000 units? (Points : 5)

Question 15. 15. (TCO 8) Atransfer-pricing method leads to goal congruence when managers (Points : 5)

Question 16. 16. (TCO 8) The seller of Product A has no idle capacity and can sell all it canproduce at $25 per unit. Outlay cost is $10. What is the opportunity cost, assuming the seller sells internally?(Points : 5)

Question 17. 17. (TCO 8) Transferring products or services at market prices generally leadsto optimal decisions when (Points : 5)

Question 18. 18. (TCO 9) To guidecost allocation decisions, the cause-and-effect criterion (Points : 5)

Question 19. 19. (TCO 9) The Hassan Corporation has an electric mixer division and an electric lamp division. Of a $50,000,000 bond issuance, the electric mixer division used $24,000,000 and the electric lamp division used $26,000,000 for expansion. Interest costs on the bond totaled $1,500,000 for the year. What amount of interest costs should be allocated to the electric lamp division? (Points : 5)

Question 20. 20. (TCO 10) A "what-if" technique that examines how a result will change ifthe original predicted data are not achieved or if an underlying assumption changes is called (Points : 5)

Question 21. 21. (TCO 10) The Zeron Corporation wants to purchase a new machine for its factory operations at a cost of $950,000. The investment is expected to generate $400,000 in annual cash flows for a period of four years. The required rate of return is 12%. The old machine can be sold for $50,000.The machine is expected to have zero value at the end of the four-year period. What is the net present value of the investment? Would the company want to purchase the new machine? Income taxes are not considered. (Points : 5)

Question 22. 22. (TCO 11) Nonfinancial measures for internal quality performance include allbut which of the following? (Points : 5)

Question 23. 23. (TCO 11) Regal Products has a budget of $900,000 in 20X6 for prevention costs. If it decides to automate a portion of its prevention activities, it will save $60,000 in variable costs. The new method will require $18,000 in training costs and $120,000 in annual equipment costs. Management is willing to adjust the budget for an amount up to the cost of the new equipment. The budgeted production level is 200,000 units. Appraisal costs for the year are budgeted at $600,000.The new prevention procedures will save appraisal costs of $30,000. Internal failure costs average $15 per failed unit of finished goods. The internal failure rate is expected to be 3% of all completed items. The proposed changes will cut the internal failure rate by one-third. Internal failure units are destroyed.External failure costs average $54 per failed unit. The company's average external failures average 3% of units sold. The new proposal will reduce this rate by 50%. Assume all units produced are sold and there are no ending inventories. How much will internal failure costs change if the internal product failures are reduced by 50% with the new procedures? (Points : 5)

Question 24. 24. (TCO 12) The costs associated with storage are an example of which costcategory?(Points : 5)

Question 25. 25. (TCO 12) Liberty Celebrations, Inc., manufactures a line of flags. The annual demand for its flag display is estimated to be 100,000 units. The annual cost of carrying one unit in inventory is $1.60, and the cost to initiate a production run is $80. There are no flag displays on hand but Liberty had scheduled 70 equal production runs of the display sets for the coming year, the first of which is to be run immediately.Liberty Celebrations has 250 business days per year. Assume that sales occur uniformly throughout the year and that production is instantaneous. If Liberty Celebrations does not maintain a safety stock, the estimated total carrying cost for the flag displays for the coming year is (Points : 5)

1. (TCO 2) Russell Company has the following projected account balances for June 30, 20X9:

Accounts payable	$ 60,000	Sales	$ 800,000
Accounts receivable	$ 100,000	Capital stock	$ 400,000
Depreciation, factory	$ 36,000	Retained earnings	?
Inventories (5/31 & 6/30)	$ 180,000	Cash	$ 56,000
Direct materials used	$ 210,000	Equipment, net	$ 260,000
Office salaries	$ 92,000	Buildings, net	$ 400,000
Insurance, factory	$ 4,000	Utilities, factory	$ 16,000
Plant wages	$ 140,000	Selling expenses	$ 50,000
Bonds payable	$ 160,000	Maintenance, factory	$ 28,000

5. (TCO 11) For supply item LK, Boatman Company has been ordering 125 units based on the recommendation of the salesperson who calls on the company monthly. The company has hired a new purchasing agent, who wants to start using the economic-order-quantity method and its supporting decision elements. She has gathered the following information:

Annual demand in units	250
Days used per year	250
Lead time, in days	13
Ordering costs	$100
Annual unit carrying costs	$20

Determine the EOQ, average inventory, orders per year, average daily demand, reorder point, annual ordering costs, and annual carrying costs.

(Points : 25)

4.

(TCO 8) Autocar Company manufactures automobiles. The red car division sells its red cars for $25,000 each to the general public. The red cars have manufacturing costs of $12,500 each for variable and $5,000 each for fixed costs. The division's total fixed manufacturing costs are $25,000,000 at the normal volume of 5,000 units.

The blue car division has been unable to meet the demand for its cars this year. It has offered to buy 1,000 cars from the red car division at the full cost of $18,000. The red car division has excess capacity and the 1,000 units can be produced without interfering with the outside sales of 5,000. The 6,000 volume is within the division's relevant operating range.

Explain whether the red car division should accept the offer. Support your decision showing all calculations.

(Points : 25)

2.

(TCO 5) Steven's Medical Equipment Company manufactures hospital beds. Its most popular model, Deluxe, sells for $5,000. It has variable costs totaling $2,800 and fixed costs of $1,000 per unit, based on an average production run of 5,000 units. It normally has four production runs a year, with $600,000 in setup costs each time. Plant capacity can handle up to six runs a year for a total of 30,000 beds.

A competitor is introducing a new hospital bed similar to Deluxe that will sell for $4,000. Management believes it must lower the price to compete. Marketing believes that the new price will increase sales by 25% a year. The plant manager thinks that production can increase by 25% with the same level of fixed costs. The company sells all the Deluxe beds it can produce.

Question 1: What is the annual operating income from Deluxe at the price of $5,000?

Question 2: What is the annual operating income from Deluxe if the price is reduced to $4,000 and sales in units increase by 25%?

(Points : 25)

3.

(TCO 7) Grace Greeting Cards Incorporated is starting a new business venture and is in the process of evaluating its product lines. Information for one new product, traditional parchment grade cards, is as follows:

∙ For 16 times each year, a new card design will be put into production. Each new design will require $200 in setup costs.

∙ The parchment grade card product line incurred $75,000 in development costs and is expected to be produced over the next four years.

∙ Direct costs of producing the designs average $0.50 each.

∙ Indirect manufacturing costs are estimated at $50,000 per year.

∙ Customer service expenses average $0.10 per card.

∙ Sales are expected to be 2,500 units of each card design. Each card sells for $3.50.

∙ Sales units equal production units each year.

What is the total estimated life-cycle operating income?

(Points : 25)