Mohave Corporation makes several varieties of beach umbrellas and accessories. It has been approached by a company called Lost Mine Industries about producing a special order for a custom umbrella called the Ultimate Shade (US). The special-order umbrellas with the Lost Mine Company logo would be distributed to participants at an upcoming convention sponsored by Lost Mine. Lost Mine offered to buy 2,700 US umbrellas at a price of $25 each. Mohave currently has the excess capacity necessary to accept the offer. The following information is related to the production of the US umbrella: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total cost Regular sales price Required: 1. Compute the incremental profit (or loss) from accepting the special order. 2. Should Mohave accept the special order? 3. Suppose the special order had been to purchase 3,200 umbrellas for $23.00 each. Rec ute the incremental profit (or loss) from accepting the special order under this scenario. 4. Assume Mohave is operating at full capacity. Calculate the special-order price per unit at which Mohave would be indifferent between accepting or rejecting the special order. Required 1 Required 2 Complete this question by entering your answers in the tabs below. Required 3 $11.00 6.00 7.00 2.50 $26.50 $ 33.00 Required 4 by Compute the incremental profit (or loss) from accepting the special order. Profit (or Loss)

discuss how critical thinking skills will make you less likely to be influenced by arguments that are based on fallacies and faulty reasoning.

Why does scope creep create risk in independence? Select all that apply   It can create an unfair advantage in the marketplace.   It can decrease costs.   It can lead to unintentionally providing a prohibited service to a restricted entity.   It can cause non-compliance with KPMG policies on independence.

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What is risk of incorrect acceptance?     A. The risk that the auditor concludes that a material misstatement exists when it does not exist.   B. The risk that the auditor concludes that a material misstatement does not exist when it actually does not.   C. The risk that the auditor concludes that a material misstatement does not exist when it does exist.   D. The risk that the auditor concludes that a material misstatement exists when it actually does.

The phrase “except for the possible effects of the matter described…” appears in an audit report. This could be what type of opinion?   a.   Qualified Adverse Disclaimer Yes Yes No   b.   Qualified Adverse Disclaimer Yes No No   c.   Qualified Adverse Disclaimer No No Yes   d.   Qualified Adverse Disclaimer No Yes No   e.   Qualified Adverse Disclaimer Yes Yes Yes

Match each of the components of faithful representation with its definition.Faithful Representation                             Definition1 . Freedom from error      a. All information necessary to describe an item is                                                  reported. 2. Neutrality                       b. Information that does not bias the decision                                                         maker. 3. Completeness                c. Reported amounts reflect the best available                                                        information.

Please describe a time when you were faced with a personal dilemma regarding whether to blow the whistle on a wrongdoing. Some examples of a wrongdoing are witnessing cheating on an exam, witnessing someone trying to steal, noticing someone trying to take advantage of another, and completing a project at work without recording time spent in order to meet time constraints. Who were the stakeholders in the situation and how were they impacted by the wrongdoing? How did rationalization encourage the wrongdoer to follow through with their wrongdoing? What did you do and why? Case scenario: for someone working but not clocking in  How would this fit under this dilemma? Please explain: