Ethics and standard costs (CM A adapted). Quincy Farms is a producer of items made from local farm products that are distributed to supermarkets. Over the years price competition has become increasingly important, so Doug Gilbert, the company's controller, is planning to implement a standard cost system for Quincy Farms.

He asked his cost accountant, Joe Adams, to gather cost information on the production of strawberry jam (Quincy Farms' most popular product). Joe reported that strawberries cost $0.80 per quart, the price he intends to pay to his good friend who has been operating a strawberry farm in the red for the last couple of years. Due to an oversupply in the market, the prices for strawberries have dropped to $0.50 per quart.

oJfo e th ies sruerde a tnhda t i ntthoe t$h0e. 8 b0l a cpkr.i ce will be enough to pull his friend's strawberry farm out Is Joe Adams's behavior regarding the cost information he provided to Doug Gilbert unethical'.1 Explain your answer.