In this pack of ACC 225 Week 9 Capstone Discussion Question you will find the next information: An important system is starting a reality system known as "The Accountant‚" Several current accounting graduates will be contending for a position in a nationwide accounting organization. What would make somebody a great applicant for "The Accountant?" Explain three problems the applicants must complete on the system‚ utilizing as much info as can. The difficulties must check applicants’ abilities in
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1 Exercises for Session 7: We solve a selection of these exercises in class. Exercise 1 Taken from Midterm Fall Term 2011 AIM: Traditional versus ABC accounting QUESTION V. 19 POINTS Stellar Stairs Co. designs and builds factory-made premium wooden stairs for homes. The manufactured stair components (spindles‚ risers‚ hangers‚ hand rails) permit installation of stairs of varying lengths and widths. All are made of white oak wood. The company’s budgeted manufacturing overhead costs for 2012 are
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in Cost Control . (Exercise 1-9) Zoya Arbiser‚ regional manager of Gold Medal Sports Shops‚ is reviewing the results of 15 stores in her region. Store managers are moved annually. Each store manager’s income is very dependent on the direct contribution margin of that store. For the past year‚ Store 9 has been managed by a person who has operated several other profitable stores in recent years and is about to be promoted to a larger store. Zoya notices several items that bother her. Store 9 has
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(2) Break-even: $300‚000 Problem 4-20 (2) Break-even: B864‚000 Problem 4-21 (1) Break-even: 12‚500 pairs of shoes; (3) $6‚000 loss Problem 4-22 (3) Net loss: $6‚000; (5a) Break-even: 21‚000 units Problem 4-23 (1b) Break-even: $732‚000; (2b) Margin of safety percentage: 22% Problem 4-24 No check figure Problem 4-25 (1) April net operating income: $21‚800 Problem 4-26 (2)
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Chapter 4 Problems 1. Growth and financing (LO4) Philip Morris is excited because sales for his clothing company are expected to double from $500‚000 to $1‚000‚000 next year. Philip notes that net assets (Assets Liabilities) will remain at 50 percent of Sales. His clothing firm will enjoy a 9 percent return on total sales. He will start the year with $100‚000 in the bank and is already bragging about the two Mercedes he will buy and the European vacation he will take. Does his optimistic outlook
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At this level of output‚ the total costs are RM22‚000 of which RM10‚000 are fixed. Required: a) Calculate the followings: • contribution margin per unit and ratio • breakeven in sales units and in sales value • Sales value in RM required to achieve $18‚000 profit. b) In achieving the $18000 profit‚ what is the margin of safety in RM value and ratio. c) If Tycoon were to operate at full capacity‚ calculate the followings: i) number of units produced
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ACCG330 STUDENTS’ TEMPLATE FOR KINKEAD CASE MARKET SIZE‚ SHARE‚ PRICE AND VARIABLE COST FOR EACH PRODUCT AND IN TOTAL Key causal factors Total market Market share Selling price Variable costs Electric meters Sales Variable costs Contribution Plan Expected Expected Expected Expected Actual Actual Actual Actual Actual Actual Expected Expected Expected Actual Actual Expected Expected Actual Actual Actual Expected $ 2‚400‚000 $ 1‚280‚000 $ 1‚120‚000 Market size 210‚000 $ 1‚950‚000 $ 1
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MERTON TRUCK COMPANY 1) No. of Model 101= x‚ no. of model 102=y.Unit contribution/model= S.P – (Variable costs + Fixed cost).For Model 101‚ variable cost=36000 /unit‚For Model 102‚ variable cost=33000/unit.Fixed cost for both the model= 8600000 Therefore‚ total contribution z=39000x+38000y-36000x-33000y-8600000Z=3000x+5000y-8600000 The Constraints are:Engine assembly: x + 2y <= 4000Metal stamping: 2x + 2y <=6000Model 101 assembly: 2x <=5000Model 102 assembly: 3y <= 4500x‚y>=0.Solving
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RECOMMENDATION: Swisher Mower and Machine Company should reject the offer to produce the Private-Label brand. RATIONALE: • Standard Riding Mower contribution per unit would drop from $97 to $33.98‚ which is $63.02 per mower. (Appendix 4) • Contribution Margin would drop from 14.92% to 5.5%‚ which is 9.42%. (Appendix 4) • Swisher Mower would only profit $62‚819 from producing the 8‚200 units in the Private-Label in the first full year of production. (Appendix 5) o Profit per mower is only $7
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