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For this first part of the project you will be creating a FAQ (Frequently Asked Questions) sheet highlighting Utilitarianism and Ethical Egoism, which are two of the most well-known ethical theories. A FAQ sheet is a document that compiles a collection of information in the form of questions with their applicable answers. The goal of this sheet will be to provide some foundational information to the participants that they can take with them as they move through the Diversity Fair. It also works as a good conversational starter as people who visit your booth will be covering various aspects of ethics.
Question 1: What are ethics?
Question 2: Why do ethics vary from person to person?
Question 3: What are key features of consequentialist theories?
Question 4: What are key features of utilitarianism?
Question 5: What are key features of ethical egoism?
Question 6: What are the differences between utilitarianism and ethical egoism?
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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