Morning Sky, Inc. (MSI), manufactures and sells computer games. The company has several product lines based on the age range of the target market. MSI sells both individual games as well as packaged sets. All games are in CD format, and some utilize accessories such as steering wheels, electronic tablets, and hand controls. To date, MSI has developed and manufactured all the CDs itself as well as the accessories and packaging for all of its products. The gaming market has traditionally been targeted at teenagers and young adults; however, the increasing affordability of computers and the incorporation of computer activities into junior high and elementary school curriculums has led to a significant increase in sales to younger children. MSI has always included games for younger children but now wants to expand its business to capitalize on changes in the industry. The company currently has excess capacity and is investigating several possible ways to improve profitability. MSI is considering outsourcing the production of the handheld control module used with some of its products. The company has received a bid from Monte Legend Co. (MLC) to produce 16,000 units of the module per year for $36.00 each. The following information pertains to MSI’s production of the control modules: Direct materials $ 19 Direct labor 9 Variable manufacturing overhead 7 Fixed manufacturing overhead 2 Total cost per unit $ 37 MSI has determined that it could eliminate all variable costs if the control modules were produced externally, but none of the fixed overhead is avoidable. At this time, MSI has no specific use in mind for the space that is currently dedicated to the control module production. Required: 1. Compute the difference in cost between making and buying the control module. 2. Should MSI buy the modules from MLC or continue to make them? 3-a. Suppose that the MSI space currently used for the modules could be utilized by a new product line that would generate $38,000 in annual profit. Recompute the difference in cost between making and buying under this scenario. 3-b. Does this change your recommendation to MSI?

World no.1 Rafael Nadal is to succeed football icons David Beckham and Cristiano Ronaldo as the male face of Emporio Armani Underwear and Armani jeans.

The 24 year-old Spaniard is now building a massive portfolio of endorsement deals with concerns such as Richard Mille watches, Mapfe SA (Spain’s largest insurance company), Kia Motors, Lanvin fragrances and of course Nike Inc. and Babolat.

Even the most conservative estimates maintain that Nadal’s commercial appeal will boost his annual earnings to somewhere comfortably in excess of $US 40 million a year. With three major titles to his credit in 2010 he has collected $10,171,998 in prize money alone.

Simon Chadwick, a professor of sports business strategy and marketing at the Coventry University Business School in England, confidently predicted: “Nadal will even transcend the Federer brand.”

Nadal’s first campaign shots for Armani will not be released until in the New Year and the decision to switch sporting focus for its’ underwear brand from football to tennis is seen as a bold move in a sector of male fashion that is worth more close to $US 10 billion a year.

Armani’s campaign involving Real Madrid and Portugal star Ronaldo was deemed a success across global markets. Other fashion companies including Milanese rivals Dolce and Gabbana recruited the entire Italian World Cup squad.

The only tennis player to previously make a global impact on the underwear market was Bjorn Borg who started his own brand in Sweden that became a worldwide concern. Patrick Rafter is the current image of Bonds underwear in Australia.

Interestingly, no one at Armani seems to realize the irony of signing Nadal who is notorious for taking time between points for readjustment because he habitually seems to struggle with the fit of his underwear.

1. Discuss the link between a brand image and pricing strategy.

2. Discuss the advantages and disadvantages of using social networks as part of a promotional campaign.

3. Discuss the advantages and disadvantages of celebrity endorsement in the promotion of fashion brands.

Pick the best control plan for the scenario or description provided. You may use a control plan once, more than once, or not at all.

Please Match senerio with proper statement.

Read section B through E before starting the assignment. Fill in the information below related to the racial/ethnic group for the module.

Race: Black/ AfricanAmericans

Section A - Race and Ethnicity

Race:  

Ethnic Groups:

Section B - Immigration

1. List the name of countries or country where this ethnic group originated from?
2. Briefly describe the cultural environment of their native homeland.
3. Was this ethnic group / race a native to North America.
4. If not, why and when did this ethnic group /race of people originally immigrate to the United States?
5. Were they voluntary or involuntary immigrants? How did they travel to U.S? Were they colonized?
6. What are the major periods of immigration for this ethnic?
7. Is there a difference in the new and old immigrants in terms of their willingness to blend into American culture or are they loyal to their customs, traditions, values, and norms of their homeland?    

Section C - Demographics

1. What percentage of this ethnic group / race makes up the U.S. population?
2. Where does the majority of this population live in the U.S.?
3. What are their educational levels, including rate of high school completion?
4. What is their family media income? What types of jobs, skills, or occupations are predominating for this ethnic group / race?
5. What is the marriage and divorce rate?
6. What are the primary causes of death, health care issues and concerns; and infant mortality rates for this ethnic group?

Section D - Culture and Religion

1. What is the religious profile of this ethnic group/race, if any?
2. What is/are the primary language(s) of this ethnic group / race?
3. What are some of the cultural traits, customs, inventions, and/or traditions that this ethnic group / race contributed to the mainstream American society?

Section E - Stereotypes, Media, Prejudice, & Discrimination

1. If any, what types of discrimination and prejudice did/does this ethnic group / race encounter in America?
2. What are some of the stereotypes and racial profiles portrayed about this ethnic group / race in America’s mass media?
3. What are the current political and/or social issues that this ethnic group / race face currently?
4. List 3 famous people in this ethnic group / race with a very brief biography (2-3 sentences describing their contribution to society).

Read section B through E before starting the assignment. Fill in the information below related to the racial/ethnic group for the module.

Race: Jewish Americans

Section A - Race and Ethnicity

Race:  

Ethnic Groups:

Section B - Immigration

1. List the name of countries or country where this ethnic group originated from?
2. Briefly describe the cultural environment of their native homeland.
3. Was this ethnic group / race a native to North America.
4. If not, why and when did this ethnic group /race of people originally immigrate to the United States?
5. Were they voluntary or involuntary immigrants? How did they travel to U.S? Were they colonized?
6. What are the major periods of immigration for this ethnic?
7. Is there a difference in the new and old immigrants in terms of their willingness to blend into American culture or are they loyal to their customs, traditions, values, and norms of their homeland?    

Section C - Demographics

1. What percentage of this ethnic group / race makes up the U.S. population?
2. Where does the majority of this population live in the U.S.?
3. What are their educational levels, including rate of high school completion?
4. What is their family media income? What types of jobs, skills, or occupations are predominating for this ethnic group / race?
5. What is the marriage and divorce rate?
6. What are the primary causes of death, health care issues and concerns; and infant mortality rates for this ethnic group?

Section D - Culture and Religion

1. What is the religious profile of this ethnic group/race, if any?
2. What is/are the primary language(s) of this ethnic group / race?
3. What are some of the cultural traits, customs, inventions, and/or traditions that this ethnic group / race contributed to the mainstream American society?

Section E - Stereotypes, Media, Prejudice, & Discrimination

1. If any, what types of discrimination and prejudice did/does this ethnic group / race encounter in America?
2. What are some of the stereotypes and racial profiles portrayed about this ethnic group / race in America’s mass media?
3. What are the current political and/or social issues that this ethnic group / race face currently?
4. List 3 famous people in this ethnic group / race with a very brief biography (2-3 sentences describing their contribution to society).

Barry Bird opened the Barry Bird Basketball Camp for children ages 10 through 18. Campers typically register for one week in June or July, arriving on Sunday and returning home the following Saturday. College players serve as cabin counselors and assist the local college and high school coaches who run the practice sessions. The registration fee includes a room, meals at a nearby restaurant, and basketball instruction. In the off-season, the facilities are used for weekend retreats and coaching clinics.

The following transactions took place during the month of June:

Required:

The ABC Home Health Agency is a nonprofit, Medicare-certified organization established in the mid-1950s in a small Midwestern city. It is accredited by the Accreditation Commission for Health Care, Inc. The agency offers a continuum of preventive and therapeutic services that have an individual, family, and community focus. Clinicians provide services to patients ranging in age from infants to elders. The agency employs supervisory, administrative, IT, and support staff as well as 45 clinicians: 25 nurses, 10 home care aides, 5 homemakers, 3 physical therapists, 1 occupational therapist, and 1 social worker. Staff members are on call 24 hours a day. ABC Home Health Agency services include (1) skilled home health and hospice; (2) home care aide and homemaker; (3) private duty, including nursing, personal care, and respite care; (4) wellness, flu, and immunization clinics; (5) school health; (6) jail health; and (7) durable medical equipment. There are two hospitals with about 100 beds and 15 physicians within the service area. The Agency has a good working relationship with both hospitals and the physicians. Many patients followed by the Agency have been referred from these services. Last year the Agency provided 20,345 home visits. The Agency has used an automated billing, statistical, and financial management information system for 15 years. However, all patient records are maintained in paper-and-pen format. Clinicians use a semistructured format consisting of subjective, objective, assessment, and plan (SOAP) sections. The previous director, who has just retired, did not believe that the cost of implementing an electronic health record (EHR) was justified. You have just been hired as the new director. The board of directors asks you to investigate purchasing an EHR and submit your recommendations to them. Discussion Questions 1. Why would it be important to introduce the clinicians to standardized terminologies and involve them in discussions about EHRs before contacting potential software vendors, or should you use the reverse approach? 2. What steps would you need to complete before reporting to the board of directors?

Part 5 Please prepare the adjusting entries for Cookie Creations. As of December 31, Cookie Creations’ year-end, the following adjusting entry data are provided.

1. A count reveals that $45 of brochures and posters were used.

2. Depreciation is recorded on the baking equipment purchased in November. The bak- ing equipment has a useful life of 5 years. Assume that 2 months’ worth of depreci- ation is required.

3. Amortization (which is similar to depreciation) is recorded on the website. (Credit the Website account directly for the amount of the amortization.) The website is amortized over a useful life of 2 years and was available for use on December 1.

4. Interest on the note payable is accrued. (Assume that 1.5 months of interest accrued during November and December.) Round to nearest dollar.

5. One month’s worth of insurance has expired.

6. Natalie is unexpectedly telephoned on December 28 to give a cookie class at the neigh- borhood community center on December 31. In early January Cookie Creations sends an invoice for $450 to the community center.

7. A count reveals that $1,030 of baking supplies were used.

8. A cell phone invoice is received for $75. The invoice is for services provided during the month of December and is due on January 15.

9. Because the cookie-making class occurred unexpectedly on December 28 and is for such a large group of children, Natalie’s assistant helps out. Her assistant worked 7 hours at a rate of $8 per hour.

10. An analysis of the unearned revenue account reveals that two of the five classes paid for by the local school board on December 9 still have not been taught by the end of Decem- ber. The $60 deposit received on December 19 for another class also remains unearned.

Instructions Using the information that you have gathered and the general ledger accounts that you have prepared through Part 4, plus the new information above, do the following. (d) Prepare and post adjusting journal entries for the month of December. (e) Prepare an adjusted trial balance as of December 31, 2011.

According to Nurmazilah, the nation building mantra became the kind of soul searching within MIA staff. MIA was established by Parliament with the mandate to develop the accounting profession. The profession shall support the economic development in the country particularly in the 1960s where Malaysian economy is at the wake of British “rule and divide” economic agenda. Until now, the nation building mantra is the key to MIA strategy particularly in preparing the accountants to embrace technology. The performance of MIA is reflected by its ability to translate the nation building strategy into its operational activities and the relationship with its stakeholders. The IT strategic plan is the first step in the journey of translating nation building strategy into practice. The IT strategic plan are divided into inner layer and outer layer. Inner layer is within MIA where IT enables its internal operation to be more efficient by putting IT governance and necessary infrastructures in place and outer layer focus on stimulating the profession as a whole; one of the milestones is the e-bank confirmation that materialized in 2020 but the initial works has started since 2016. In keeping up with the global development of the accountancy profession, Nurmazilah acknowledged the dire need for members of the Institute; practitioners in commercial sector, public sector and academia alike, to be prepared to address for what is coming in the next months and years to come – technology advancement. Accounting and auditing services in particular, are facing the overarching concerns: the impact of new technologies disrupting the profession, and its ability to adapt to the rapid pace of change. She understood this issue well, after all, four years of her younger days back in the Birmingham Business School was very much focused on completing her PhD thesis on technology adoption by auditors. To drive this, and ensuring that needs of every sections of its diverse members, the Institute needs to have its own digital strategy. As she understood the issue, it dawned on her that there were many other aspects within the Institute that needed her consideration and funding.

Using the concept of fiduciary duty, focus on Nurmazilah’s specific attributes and give specific examples on her success and aspects that need further improvement.