Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Process Solutions provides a computer-based document processing service. The accountant has produced the following analysis.
Standard
Modified
Advanced
Sales quantity
1,000
1,100
1,200
Selling price
£5
£6
Sales revenue
5,000
5,500
7,200
Labour hours
100
120
160
Labour cost @ £20/hour
2,000
2,400
3,200
Contribution
3,000
3,100
4,000
Contribution per unit sold
£3
£2.82
£3.33
The Sales Manager, whose team is paid a commission on sales revenue prefers to sell the higher priced Advanced service. This is also the preferred service for the Accountant, although not for the same reason, as her argument is that the Advanced service is better because of the higher contribution per unit sold. The Operations Manager argues that the Advanced Service consumes more labour hours than the Standard or Modified services and as labour availability limits his ability to process work, this should also be taken into account. The Operations Manager prefers the Standard or Modified service as this provides greater ability to use his capacity more flexibly.
The General Manager has asked for your advice in relation to this disagreement within the management team.
Comment on the employ of functional versus absorption income statement. Explain the differences in presentation and employ of each type of income statement. Describe the contribution margin concept or computation and when to use the information.
Uncollectible accounts expense is determined by the direct write-off method. Which of the following will be amount of uncollectible accounts expense?
What is the definition of the relevant cost and how would it execute to both job costing and process costing.
Calculate Coffee Mill's Cash Conversion Cycle. If Coffee Mill were to shorten its inventory conversion period by 10 days, what effect would this have on the Cash Conversion Cycle? What effect (in dollars) would (b) have on Coffee Mill's total worki..
Based on the information calculate the following items for this proposed equipment purchase, Annual cash flows over the expected life of the equipment, Payback period, Annual rate of return, Net present value, Internal rate of retur
Describe the importance of sampling from the managerial perspective. Give examples.
Daniels Corporation has $15 million of sales, $2 million of inventories, $3 million of receivables, and $1 million of payables.
ACT 6691, Managerial Accounting Case: - Read the case and analyze the information. Prepare a narrative report (or notes to the income statement) addressing why/how quantitative items were selected. The following items must be explained:
What do you see as the major impediments to effective budgeting in organizations? Why? How relevant should allocated costs be in product-costing decisions? Why? What are the major benefits of using transfer pricing in organizations? What are the disa..
What kind of business decision might cause you to increase your fixed costs? Define variable costs. Will purchasing a new manufacturing facility increase fixed costs or variable costs?
Describe the components of cost-volume-profit analysis. Employ cost-volume-profit analysis and break-even analysis to make business decisions.
Jillian Architecture Company does custom architectural designs for individuals and corporations. The company employs two assistants, who are paid $30 per hour.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd