Below are the solution: Question 1 Prepare a new contribution report for February‚ in which: * The static budget column in the contribution report is replaced with a flexible budget column. * The variances in the contribution report are recomputed as the difference between the flexible budget and actual columns. Answer Particulars | Static Budget | Flexible Budget | Actual | Variance | Unit (pounds) | 200000 | 225000 | 225000 | 0 | Revenue | 1600000 | 1800000 | 1777500 |
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Assignment Grading Criteria Budget Management Analysis Week Five 1. Write a 1‚200- to 1‚500-word paper‚ which includes a cost variance‚ in which you complete the following: Determine specific strategies to manage budgets within forecasts. Zero based (analyzes every expense within an organization and justifies the need and cost of each)‚ activity based (is the gathering of the operating cost data‚ which is assigned to specifc activies such as engineering) performance based (performance dashboard
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Dear all! I’ve just written a draft of study objective. Could you please have a look at it? I was supposed to be speciic about my goal of receiving a master degree in US‚ about my academic and professional activities (I think I haven’t covered it sufficiently and will return to this point tomorrow)‚ about my plans for future. thank you! Here is the letter - I’m applying for *** Master’s program. I’d like to pursue a Mater degree in the field of education. While completing my bachelor degree
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FOCUS ON BUDGET 2013 budget was enacted to improve the standard of living in the country. The Government will also ensure that people get the best services and maximum benefits as a result of the implementation of development programs and projects. Therefore‚ the 2013 budget is designed themed "MEMAKMUR NEGARA‚ MENSEJAHTERA RAKYAT: A promises are kept" by focusing on five key focus. The five focus was to stimulate investment activity; strengthen education and training; entrenched innovation‚
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The budget speech for 2013/2014 was given by Finance Minister Pravin Gordhan at the National Assembly in parliament‚ Cape Town on the 27 February 2013. Priorities Infrastructure – the government will over the next 3 years invest R827 billion into building new and upgrading existing infrastructure. Spending plans over the next 3 years include: * R5.2bn is to the local government equitable share * R4.2bn to the provincial government share * R3.2bn to the Passenger Rail Agency of SA
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“The Master Speed” Throughout the poem The Master Speed‚ Frost addresses the idea that marriage is a sacred bond that must be treasured all through our lives. The main reason for the apparent matrimony theme was due to the engagement of Frost’s daughter. Because of this great influence over his life‚ Frost reiterated the advice to his daughter to stay at “the master speed” in order to fully enjoy the rest of her life as well as her future commitment. By this Frost
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MEMORANDUM September 7‚ 2012 To: From: Subject: The importance of segregation of duties for a small business This memo is in response to your concern of how your company’s performance improves effectively. A strong internal control will definitely play an important role to achieve your goal. The memo will first explain what internal control is. It is then followed by discussing segregation of duties‚ which is a key factor of internal control. I also include some examples of how duties
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BANGLADESH BUDGET Growth: the world economy was close to a collapse due to the recent Global economic crisis. However‚ the global economy has turned around and recovered from recession faster than expected. The process and pace of recovery‚ however‚ varied in different regions of the world. In the recovery process‚ the developing Asian economies made remarkable strides. According to the latest forecast‚ the world economic growth is expected to reach 4.2 percent in 2010 whereas it shrank to
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MEMO To:Tony Reebok; NFL Jersey Inventory Manager From:Reebok; Inventory Planning Assistant Date:October 9‚ 2014 Re:Reebok’s NFL Jersey Inventory Solution The purpose of this memo is to address the uncertainty associated with the demand for NFL replica jerseys. Because of uncontrollable factors (unpredictable popularity and success of both teams and specific players)‚ demand fluctuates and is variable. In order for Reebok to have successful and efficient inventory planning‚ Reebok should
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TOPIC 7 cont.: ACCOUNTING FOR SHORT-TERM MANAGEMENT PLANNING Lecture Illustration CASH FLOWS Oz designs is in the process of preparing a cash budget for the three months of April‚ May and June 20X9. All sales are on credit. The company collects 50% of its sales in the month the sales are made‚ 40% in the month following the sale and 10% in the second month following the sale. 75% of all purchases are paid for in the month they are purchased‚ with the remaining 25% paid for in the following month
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