Q2 PS3. Department II of Charity Manufacturing Company presents the following production data for the month of May 2011: Opening inventory, 3/8 completed.. Started in process.. Transferred. 4,000 units 13,000 units 9,000 units Closing inventory, % completed... % completed.. 4,000 units 4,000 units What are the equivalent units of production for the month of May 2011? a. FIFO Method - 12,500 units b. FIFO Method - 17,000 units c. FIFO Method - 12,500 units d. FIFO Method - 15,000 units Average Method - 13,000 units Average Method - 12,500 units Average Method - 14,000 units Average Method - 14,000 units O a. FIFO Method - 17,000 units Average Method - 12,500 units O b. FIFO Method - 12,500 units Average Method - 13,000 units O c. FIFO Method - 12,500 units Average Method - 14,000 units O d. FIFO Method - 15,000 units Average Method - 14,000 units

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Corporate Ethics

Ethics refers to the moral values and principles that guide an individual. Corporate ethics refers to the moral behavior of a company and its employees while conducting business. Business ethics is another name for corporate ethics. Business ethics reflects the purpose of doing the business. Business ethics is the distinction between what is right and wrong in the workplace and the selection of the right set of actions. Every corporate entity follows business ethics to a large extent in order to survive and compete successfully in the market. Corporate entities that strictly adhere to business ethics gain the trust of their stakeholders and thus gain more customers. An organization follows compliance, i.e., following certain business policies, rules, procedures, and practices to deal with the problem arising from the business environment. Business ethics also ensures that they meet compliance requirements as it was connected with the activities of an organization.