Reference no: EM131228185 , Length: word count:1200
Introduction to Management Accounting Assignment-
Mal Ltd
Mal Ltd. is a producer and importer of freshly cut flowers based in the country side village of Tagus. It has made a name for from its gerberas, roses, carnations, and tulips, although the portfolio includes a range of itself other products. Tulips and some special flowers are imported from the Netherlands. Products are sold at its premises to florists, in the trade market to wholesalers and retailers, and directly to a large retail chain. The market for fresh flowers is very competitive, with significant pressure over prices. There is high seasonality in supply (e.g. spring and early summer) and demand (e.g. valentine day, mother's day, Christmas). When there is a significant mismatch between those supply and demand, prices can fluctuate widely, from 'rock bottom' prices that do not cover production costs to 'sky high' prices that make very generous profit margins. In addition to price, the market values highly product freshness, reliability of supply, speed of delivery, and range products available (including colour variations).
Required:
1. Conduct some research to explain the value of cost classifications for Mal Ltd. and how this may assist Mr and Mrs Long in improving their decision-making processes.
2. Conduct some research into costing techniques that Mal Ltd. might find useful. Based on this research and using the detail in the case, choose a specific technique (or set of techniques) that you believe would be most suitable. Describe specifically how your chosen technique(s) could be used by providing tangible examples of how they would operate within Mal Ltd. It should be clear from these examples how Mal would determine a product cost for their products. Also, briefly describe why you consider your chosen technique(s) to be superior to other techniques.
(Please note: you are not required to actually calculate any costs here, just outline how costing could be done differently. Therefore, you may wish to provide a table or diagram outlining the operation of your proposed costing technique(s).
3. Using the detail in the case, describe how your chosen method of calculating product cost will be beneficial within Mal Ltd. and have relevance to management.
Word Limit: 1,200 words
Referencing: Please use APA style referencing.
Attachment:- Mal Ltd.rar
What is the discount rate for stock
: Suppose Company X issues a common stock with current dividend as $1.62/per share. The expected growth rate for the dividends is said to be 2.5%. Let the current market price of the stock be $16.25/per share. a) What is the discount rate for this s..
|
Prepare the consolidation journal entries for intra-group
: On 1 July 2011, Parent Ltd acquired 100% of the share capital of Son Ltd for $ 1,000,000. Prepare the consolidation journal entries for intra-group transactions at 30 June 2015
|
Discuss the role of pro forma disclosures
: Discuss the role of pro forma disclosures such as the ones provided by Apple in capital markets. Also discuss the trade-offs (faced by regulators) between granting managers flexibility so as to reflect the economic reality of innovative products a..
|
Why net inventory increases are counted as part of gdp
: Explain why net inventory increases are counted as part of GDP. Also, discuss why it is not sufficient to measure the level of inventories only for the current year. (Remember the difference between stocks and flows.)
|
How your chosen method of calculating product cost
: ACC/ACF2200 Introduction to Management Accounting Assignment. Using the detail in the case, describe how your chosen method of calculating product cost will be beneficial within Mal Ltd. and have relevance to management
|
Consider the nmos circuit in figure
: Consider the NMOS circuit in Figure. - Determine vO when vX = vY = 2.9 V. - What are the values of vGSX , vGSY , vDSX , and vDSY?
|
Monthly mortgage payment
: a) What will your monthly mortgage payment be? b) Create an amortization table the at shows the first 5 months of payments, how much goes towards interest and principle, and the outstanding balance
|
The nmos circuit in given
: In the NMOS circuit in Figure, the transistor parameters are: - Determine vO when vX = vY = 5 V. - What are the values of vGSX , vGSY , vDSX , and vDSY ?
|
How are leakages and injections related to the circular flow
: (Leakages and Injections) What are the leakages from and injections into the circular flow? How are leakages and injections related to the circular flow?
|