Ebenezer Manufacturing Company allows employees to purchase, at cost, manufacturing materials, such as metal and lumber, for personal use. To purchase materials for personal use, an employee must complete a materials requisition form, which must then be approved by the employee’s immediate supervisor. Beth Turner, an assistant cost accountant, charges the employee an amount based on Ebenezer’s net purchase cost.

Beth Turner is in the process of replacing a deck on her home and has requisitioned lumber for personal use, which has been approved in accordance with company policy. In computing the cost of the lumber, Beth reviewed all the purchase invoices for the past year. She then used the lowest price to compute the amount due the company for the lumber.

Discuss whether Beth behaved in an ethical manner.

 

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Status NEW Posted 01 May 2017 04:05 PM My Price 5.00

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