Need help in week 3, 4 and 5 of of FIN370 on UOP. I got the course work on my own, but Im completely missing the weekly assignments and practice in finance lab. Questions involve future value of money, calculating return on investments, calculating debt ratios, etc.

The audit planning process directly affects the quality of the outcome. A proper plan ensures that resources are focused on the right areas and that potential problems are identified early. A successful audit first outlines what’s supposed to be achieved as well as what procedures will be followed and the required resources to carry out the procedures. Considering your current or previous organization or an organization you are familiar with, develop an IT infrastructure audit for compliance.

 

 

Write a ten (10) page paper in which you:

 

1. Define the following items for an organization in which you are familiar with:
   1. Scope
   2. Goals and objectives
   3. Frequency of the audit
2. Identify the critical requirements of the audit for your chosen organization and explain why you consider them to be critical requirements.
3. Choose privacy laws that apply to the organization, and suggest who is responsible for privacy within the organization.
4. Develop a plan for assessing IT security for your chosen organization by conducting the following:
   1. Risk management
   2. Threat analysis
   3. Vulnerability analysis
   4. Risk assessment analysis
5. Explain how to obtain information, documentation, and resources for the audit.
6. Analyze how each of the seven (7) domains aligns within your chosen organization.
7. Develop a plan that:
   1. Examines the existence of relevant and appropriate security policies and procedures.
   2. Verifies the existence of controls supporting the policies.
   3. Verifies the effective implementation and ongoing monitoring of the controls.
8. Identify all critical security control points that must be verified throughout the IT infrastructure, and develop a plan that include adequate controls to meet high-level defined control objectives within this organization.
9. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

 

Your assignment must follow these formatting requirements:

 

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

 

Write a one to two (1-2) page paper in which you:

1. Describe a time when you experienced effective communication in a business environment.
2. Discuss at least three (3) reasons why you perceived the communication to be effective, and explain the resulting impact to the business.

Your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

• Explain the elements that foster effective communication in business.
• Use technology and information resources to research issues in business.
• Write clearly and concisely about business issues using proper writing mechanics.

CASE 2B – MENDEL PAPER COMPANY

Mendel Paper Company produces four basic paper product lines at one of its plants: computer 

paper, napkins, place mats, and poster board. Materials and operations vary according to the line 

of product. The market has been relatively good. The demand for napkins and place mats has 

increased with more people eating out, and the demand for the other lines has been growing 

steadily.

The plant superintendent, Marlene Herbert, while pleased with the prospects for increased sales, 

is concerned about costs:

“We hear talk about a paperless office, but I haven’t seen it yet. The computers, if 

anything, have increased the market for paper. Our big problem now is the high fixed 

cost of production. As we have automated our operation, we have experienced increases 

in fixed overhead and even variable overhead. And, we will have to add more equipment 

since it appears that we need even more plant capacity. We are operating over our normal 

capacity as it is.

The place mat market concerns me. We may have to discontinue printing the mats. Our 

specialty printing is driving up the variable overhead to the point where we may not find 

it profitable to continue with that line at all.”

Cost and price data for the next fiscal quarter are as follows:

Computer Paper Napkins Place mats Poster board

Estimated sales volume in units 30,000 120,000 45,000 80,000

Selling prices……………………. $14.00 $7.00 $12.00 $8.50

Material costs…………………. 6.00 4.50 3.60 2.50

Variable overhead includes the cost of hourly labor and the variable cost of equipment operation. 

The fixed plant overhead is estimated at $420,000 for the quarter. Direct labor, to a large extent, 

is salaried; the cost is included as a part of fixed plant overhead. The superintendent’s concern 

about the eventual need for more capacity is based on increases in production that may reach and 

exceed the practical capacity of 60,000 machine hours.

In addition to the fixed plant overhead, the plant incurs fixed selling and administrative expenses 

per quarter of $118,000.”I share your concern about increasing fixed costs,” the supervisor of plant operations replies. 

“We are still operating with about the same number of people we had when we didn’t have this 

sophisticated equipment. In reviewing our needs and costs, it appears to me that we could cut 

fixed plant overhead to $378,000 a quarter without doing any violence to our operation. This 

would be a big help.”

“You may be right,” Herbert responds. “We forget that we have more productive power than we 

once had, and we may as well take advantage of it. Suppose we get some hard figures that show 

where the cost reductions will be made.”

Data with respect to production per machine hour and the variable cost per hour of producing 

each of the products are given as follows:

Computer Paper Napkins Place mats Poster board

Units per hour 6 10 5 4

Variable overhead per hour $9.00 $6.00 $12.00 $8.00 

“I hate to spoil things,” the vice-president of purchasing announces. “But the cost of our 

materials for computer stock is now up to $7. Just got a call about that this morning. Also, place 

mat materials will be up to $4 a unit.”

“On the bright side,” the vice-president of sales reports, “we have firm orders for 35,000 cartons 

of computer paper, not 30,000 as we originally figured.”

Questions:

1. From all original estimates given, prepare estimated contribution margins by product line 

for the next fiscal quarter. Also, show the contribution margins per unit.

2. Prepare contribution margins as in part (1) with all revisions included.

3. For the original estimates, compute each of the following:

a. Break-even point for the given sales mix.

b. Margin of safety for the estimated sales volume.

4. For the revised estimates, compute each of the following:

a. Break-even point for the given sales mix.

b. Margin of safety for the estimated sales volume.

5. Comment on Herbert’s concern about the variable cost of the place mats.