Assigned questions for Module 3 are:

Q10-1: Compare fixed, variable, and mixed costs.

Q10-2: What do we mean by a Relevant Range?

Q10-3: A professional services business has fixed costs of €150,000 and variable costs of €15 per hour. How much does average cost change between 12,000 or 15,000 units?

Q10-4: Use the following information to determine the breakeven in units, breakeven in £, the number of units to get close to the Target Profit, and the amount of £ estimated from the unit sensitivity analysis:

Fixed costs= £240,000

Selling price per unit= £18.00

Variable costs per unit= £12.60

Target profit= £120,000

Q10-5: Looking at Q10-4above, if expected sales are 50,000 units what is the margin of safety?

Q10-6: BCD Inc sells its products for $12 each. The company’s volume has remained unchanged for some time at 10,000 units per month although it has spare capacity. Production costs are $10 per unit including fixed costs which average $3 per unit for the production volume. A customer has requested a special order of 2,000 of BCD’s products at a special price of $9. What should BCD do? Please show your work.

Q11-1: Define standard cost.

Q11-2: Compare job costing with process costing.

Q11-3: Little Known Tax, Ltd prepares tax returns for clients. The firm employs six bookkeepers who cost the firm £10,000 in total each week. Each bookkeeper is expected to charge 30 hours per week to client jobs. At the end of the week the total hours charged by the six bookkeepers to client jobs is 150. How much is spare capacity?

Q11-4: Last Group has a rental cost of €25,000 per month with a four-year lease term. Casual staff are employed on a weekly basis to carry out telephone sales. The cost of casual staff is €12,000 per month and telephone call costs are €5,000 per month. An offshore call centre has offered to carry out the telephone sales activity from its own premises and using its own staff and telephone services for a fixed payment of €15,000 per month. Should Last Group accept or reject the outsourcing proposal from the call centre? Please show all calculations.

Q12-1: An accounting consultant is paid a salary of £80,000 per annum and his employer pays up to of 18% of base salary for medical, life, and dental insurance. His employer also contributes toward a retirement plan at a maximum of 8% of base salary. Assuming the consultants works 250 days per year and is productive for 81% of that time, what is his daily cost rate?

Q12-2: Upper Central Consultancy (UCC) wishes to bid for a market research project. The cost estimates on which UCC will base its bid are shown below:

275 hours work in initial data collection and preparation of research questionnaire. The hours are broken down as follows:

• 135 hours are available from existing staff that are not currently utilized. Their total employment cost is £22 per hour.
• 140 hours will have to be bought in from a Temporary Staff Agency for a cost of £16 per hour.

UCC’s in-house existing library resources will be utilized to provide data for the project. The research data that will be used was purchased some months previously at a cost of £2,050. The data has never been used before and is unlikely to be used again. An additional updated report will however have to be purchased at a cost of £500.

Printing and postage of questionnaires will incur a cost of £1,100.

The in-house computer processing facility will process returned questionnaires. The computer facility makes an internal charge of £2,000 for each survey it processes.

The consultancy will have to purchase a specialist software package to undertake the sophisticated statistical analysis required at a cost of £1,750 and incur training costs of £600 to learn how to use the package. The package may be used again in the future.

A manager will be involved in the detailed planning, design and logistics for the research. The management time has been costed at 14 days @ £550 but he is very busy and will have to be remunerated through overtime at an additional cost of £3,500 in order for him to carry out other work that he is committed to complete.

A partner will supervise the whole project. An estimate of her time has been costed at £1,600 although the consultancy will not incur any additional costs for the project.

Using all of the above information, calculate the cost for the market research project based on absorption costing principles. Please detail all of your work.

Q12-3: Using the information from Q12-2 above, what are the relevant costs of the market research project?

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Question Details

Assignment 2: Project Financing

Investing in products and services should produce returns so that stockholders, stakeholders, and others are interested in the organization.

In this assignment, you will learn about a new product or service.

Tasks:

For M1 Assignment 3 (“Understanding the Numbers for Better Decisions”), you chose a publicly-traded company and analyzed its financial statements. Use that company to do the following:

1. Identify a new product or service—either recently rolled out or about to be rolled out—in the company you chose in Module 1 (Note: Information about new products or services can be found on a company’s website or in the management’s discussion and analysis section of the company’s annual report. If you cannot locate a new product or service introduced by the company please invent something.)
2. Analyze the quality of the company’s existing products or services. Try answering the following questions about returns on the new product or service of your choice.
   • What is the return on equity earned by the company? Based upon this return, is the company picking good products or services?
   • What is the return on capital earned by the company? Based upon this return, is the company picking good products or services?
3. Discuss how the company financed the initiative and why it was perceived to be advantageous. To answer this question, you might want to look at the following:
   • How sensitive has this company’s value been to changes in macro-economic variables such as interest rates, currency movements, inflation, and the economy?
   • How sensitive has this company’s operating income been to changes in the same variables?
   • How sensitive is the sector’s value and operating income to the same variables?Place your order now for a similar paper and have exceptional work written by our team of experts to guarantee you A ResultsWhy Choose US

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M3 Assignment 2: LASA 1—Financial Decisions

In both your professional and personal life, you will make a variety of decisions. You should consider the financial and nonfinancial aspects while making decisions. To evaluate scenarios, you will also use some tools such as net present value (NPV), internal rate of return (IRR), modified internal rate of return (MIRR), payback, discounted payback, and return on investment (ROI) that you have discussed so far.

In this assignment, you will evaluate the financial aspects of making decisions.

Tasks:

Investigate any two of the following four financial decisions:

1) Using net present value calculations, determine which has a higher ROI. Assume the average mileage under both options is 15,000 miles. The car will be sold for its Kelly Blue Book value at the end of ownership or it will be returned to the leasing dealership for no additional lease/return/mileage cost. The automobile being considered is a 4-cyl, 2.5 liter, two-wheel drive, Nissan Rogue sport utility. At the end of the 6 years, the automobile is in very good condition. Tax, title, or license fees are not considered under either option.

• Buying a Nissan Rogue today for $32,000, putting $10,000 down and taking a six-year loan for the rest at 4%

or

• Leasing the Rogue for 6 years at $360 a month with a down payment of $3,500 due at delivery. The car must be returned at the end of the lease. 15,000 miles per year are allowed under this lease plan.

Show your work and explain your rationale.

2) Commit to buy a vacation home in the climate of your choice, rent the home out when you are not using it, or sign a five-year lease for the home for the two months a year you plan on using it. You will need to make up the numbers for your home for this exercise.

3) A different buy-or-lease alternative—you could buy a home for $300,000, putting 20% down and renting it out at $1,700 a month. Which would make more financial sense? Buying or leasing the home? Explain your rationale.

4) Lease your home for the next three years or sell it with the intent to return to the same geographic area after you complete a three-year expatriate assignment in the country of your choice. Given the facts above, should you lease the house or sell it? The current market value is approximately $320,000. Explain your rationale, and show your work.

For the two options that you selected (and using the figures given above for those options), investigate the realistic assumptions for your location and include the information you found in the analysis. Create a paper in about 1,000–1,200 words, including the following:

• Initial information/approach: purchase price, rebate, down payment, amount to finance, etc.
• Payments formulas and calculations
• Explanation of the financial factors that you are employing in the selected decisions
• Conclusion containing the “best answer” for your personal life on the basis of these financial factors
• Probability of following the recommended “best answer” (assuming that these are the only decision options)Place your order now for a similar paper and have exceptional work written by our team of experts to guarantee you A Results

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1. Quickly skim the questions or assignment below and the assignment rubric to help you focus.

2. Read the required chapter(s) of the textbook.  Some answers may require you to do additional research on the Internet or in other reference sources.  Choose your sources carefully.

3. Consider the discussion and the any insights you gained from it.

4. Produce the Assignment submission in a single Microsoft Word or Open Office document.  Be sure to cite your sources, use APA style as required, check your spelling.

Assignment:

1. The books have been closed for the first year of business for Sanchez Computer Center. The company ended up with a marginal profit for the first three months in operation. Tony expects faster growth as he enters a busy season.

Following is a list of transactions for the month of October, 201X. Petty Cash account #1010 and Miscellaneous Expense account #5100 have been added to the chart of accounts.

Oct. 1  Paid rent for November, December, and January, $1,200 (check no. 8108).

Oct. 2  Established a petty cash fund for $100.

Oct. 4  Collected $3,600 from a cash customer for building five systems.

Oct. 5  Collected $2,600, the amount due from A. Pitale’s invoice no. 12674, customer on account.

Oct. 6  Purchased $25 worth of stamps using petty cash voucher no. 101.

Oct. 7  Withdrew $2,000 (check no. 8109) for personal use.

Oct. 8  Purchased $22 worth of supplies using petty cash voucher no. 102.

Oct. 12      Paid the newspaper carrier $10 using petty cash voucher no. 103.

Oct. 16      Paid the amount due on the September phone bill, $65 (check no. 8110).

Oct. 17      Paid the amount due on the September electric bill, $95 (check no. 8111).

Oct. 22      Performed computer services for Taylor Golf; billed the client $4,200 (invoice no. 12675).

Oct. 23      Paid $20 for computer paper using petty cash voucher no. 104.

Oct. 30      Took $15 out of petty cash for lunch, voucher no. 105.

Oct. 31      Replenished the petty cash. Coin and currency in drawer total $8.

Because Tony was so busy trying to close his books, he forgot to reconcile his last three months of bank statements. A list of all deposits and checks written for the past three months (each entry is identified by chapter, transaction date, or transaction letter) and the bank statements for July through September are provided. The statement for October won’t arrive until the first week of November.

Task

a. Record the transactions in general journal or petty cash format.

b. Post the transactions to the general ledger accounts.

c. Prepare a trial balance.

d. Compare the Computer Center’s deposits and checks with the bank statements and complete a bank reconciliation as of September 30, 201X.