BSB60407 Advanced Diploma of Management BSB60507 Advanced Diploma of Marketing Resource Management Management 2 Financial BSBFIM601A Manage Finances ii This workbook has been designed for use in conjunction with information and materials provided at lecture and tutorial sessions. Students should attend all timetabled sessions so they can obtain all subject information. Students should read and understand all materials provided. Information that is available in digital form is not included in
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EMBA 2016 - Managerial Accounting - Case Study 2 Landau Company Problem 1 Input Data Provided - Sales increased in July - Production decreased in July below standard because of employee vacations - As a result of vacations overhead costs have been under absorbed in July - Large unfavorable volume variance had been generated to offset gross margin Explanation Required On the Income Statements under Full costing and Variable costing some line items indicate differences. LANDAU COMPANY Income
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"Madonna" and "Venus" From Two Different Periods I have always been intrigued by the many depictions of "Madonna" and "Venus" therefore I chose to compare and contrast Parmigianino’s “Madonna of the Long Neck” from the mannerist style of the later Renaissance and Titian’s “Venus of Urbino” from Venetian Renaissance. First I will tell you a little bit about the historical background of both paintings‚ then I will prove my thesis by talking about exemplifies two artist’s style and the
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several assumptions in order to be relevant. It often assumes that the sales price‚ fixed costs and variable cost per unit are constant. Some applications are cost behavior patters‚ estimating cost behaviors‚ a modified income statement‚ an expanded contribution margin‚ multiple products or services
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600 at Sandy in order to be profitable. In order to meet the expected demand without incurring extra cost‚ increasing the operating volume at Sandy will increase the units produced at a minimum cost to the company. By comparing the changes in contribution margin to the changes in the fixed cost we are able to better evaluate the decisions on the proper distribution for manufacturing (Datar‚ Schoenebeck‚ 2014). Since the cost for additional manufacturing at Sandy would increase by double the amount
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Share Driven Pricing - Some Companies are driven to get the most market share. But your goal shouldn’t be market share but maximizing contribution margin. Value Creation – Economic Value‚ Offering Design‚ Segmentation. Product manager face challenge as they are expected to set prices that capture the value offered by their products that also maximize price. Typically turns to marketing‚ where research is completed. Example research shows 10% higher customer response‚ but doesn’t gaurntee
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machine hours. The division had recently lost two large contracts and was struggling to find a solid market position. Michael had instituted a policy of "contribution margin pricing" to restore profitability. He reasoned that the fixed costs w e re already in place and there was heavy excess capaci ty . Any orders t hat genera ted positive contribution would enhance bottom line profits. In two ye ars ‚ machine running time was up to almost 50% of available machine hours and the number of different pro
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vehicles will be used by a larger pool of different drivers. Parking fee per car per year was also higher than expected (25% more) and fuel bill were 10% higher than planned. Because these were variable cost‚ they would bring down the company’s contribution margin. However‚ as the fixed costs seemed to be stable in September‚ it would not hurt the earning that much. The good news was that the actual number of registrations was much larger than expected which showed a good sign for the future of Zip
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(disregard everything beneath the line titled “ income from operations”)? Which expenses shown on page 50 appear to have been reclassified as variable selling costs of page 33? 2. Why do you think cost of sales is included in the computation of contribution margin on page 33? 3. Perform two separate computation of Benetton’s break-even point in euros. For the first computation‚ use data from 2003.For the second computation‚ use data from 2004. Why do the numbers that you computed differ from
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| 1546 | 1485 | 1697 | Operations: hourly personnel | 7896 | 7584 | 8664 | Total Variable Cost | 9442 | 9069 | 10361 | Total Revenue Hours | 329 | 316 | 361 | Variable Costs per revenue hour | $ 28.70 | $ 28.70 | $ 28.70 | The “contribution margin” income statement for SDS therefore is‚ Break even analysis: Based on the assumptions above‚ the number of commercial revenue hours needed to break even is as follows: (205 * 400 + x *800) -28.7 * (205+x) – 212939=0
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