Oxtron,Inc

question 24

Essay

Oxtron,Inc.arranged for two employees,Kaiya and Gary,to attend "The Business Ethics 2008 Conference: Maintaining Credibility" in New York City.Although Gary goes to New York,he does not participate in the conference.Instead,he takes in the local attractions.Kaiya fully participated in the conference.Using ethical standards,describe what Kaiya should do about Gary's failure to participate in the conference.

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Definitions:

Raw Materials Inventory

The total cost of all the components used to manufacture a product that a company has in stock but has not yet used in production.

Factory Overhead

Factory overhead refers to all the indirect costs associated with manufacturing, excluding direct labor and direct materials, such as utility costs and maintenance expenses.

Work in Process Inventory

Products that are under construction but haven't been fully finished.

Finished Goods Inventory

The stock of completed products that are ready for sale but have not yet been sold.