Luchini corporation makes one product and it provided the following information to prepare the master budget for the next four months of operations:
the budgeted selling price per unit is $111.
budgeted unit sales for april, may, june, and july are 7,100, 10,100, 13,300, and 14,000 units, respectively. all sales are on credit.
regarding credit sales, 40% are collected in the month of the sale and 60% in the following month.
the ending finished goods inventory equals 10% of the following month's sales.
the ending raw materials inventory equals 30% of the following month’s raw materials production needs.
each unit of finished goods requires 5 pounds of raw materials.
the raw materials cost $5.00 per pound.
regarding raw materials purchases, 40% are paid for in the month of purchase and 60% in the following month.
the direct labor wage rate is $18.00 per hour.
each unit of finished goods requires 2.9 direct labor-hours.
variable manufacturing overhead is $7.00 per direct labor-hour.
fixed manufacturing overhead is zero.
the estimated finished goods inventory balance at the end of may is closest to:
multiple choice
$102,676
$111,986
$26,999
$129,675

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum.should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?