ACCT 505 Endless Education /uophelp.com - PowerPoint PPT Presentation

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ACCT 505 Endless Education /uophelp.com

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For more course tutorials visit www.uophelp.com This Tutorial contains Excel file only that is solution to case study CASE 4–20 Ethics and the Manager, Understanding the Impact of Percentage Completion on Profit—Weighted-Average Method [Course Objective B] Gary Stevens and Mary James are production managers in the Consumer Electronics Division of General Electronics Company, which has several dozen plants scattered in locations throughout the world. Mary manages the plant located in Des Moines, Iowa, while Gary manages the plant in El Segundo, California. Production managers are paid a salary and get an additional bonus equal to 5% of their base salary if the entire division meets or exceeds its target profits for the year. The bonus is determined in March after the company’s annual report has been prepared and issued to stockholders. – PowerPoint PPT presentation

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Title: ACCT 505 Endless Education /uophelp.com


1
ACCT 505 Endless Education/uophelp.com
  • For more course tutorials visit
  • www.uophelp.com

2
ACCT 505 Endless Education/uophelp.com
  • ACCT 505 Week 3 Case Study 420 Ethics and the
    Manager
  • For more course tutorials visit
  • www.uophelp.com
  • This Tutorial contains Excel file only that is
    solution to case study
  •  
  •  
  • CASE 420 Ethics and the Manager, Understanding
    the Impact of Percentage Completion on
    ProfitWeighted-Average Method Course Objective
    B Gary Stevens and Mary James are production
    managers in the Consumer Electronics Division of
    General Electronics Company, which has several
    dozen plants scattered in locations throughout
    the world. Mary manages the plant located in Des
    Moines, Iowa, while Gary manages the plant in El
    Segundo, California. Production managers are paid
    a salary and get an additional bonus equal to 5
    of their base salary if the entire division meets
    or exceeds its target profits for the year. The
    bonus is determined in March after the companys
    annual report has been prepared and issued to
    stockholders.
  • Shortly after the beginning of the New Year, Mary
    received a phone call from Gary that went like
    this
  • Gary Hows it going, Mary? 

3
ACCT 505 Endless Education/uophelp.com
  • For more course tutorials visit
  • www.uophelp.com
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