I want to know the question C for the break
Question I want to know the question C for the break down of material variance.. please be more detailed, thx! Attachment 1 Attachment 2 ATTACHMENT PREVIEW Download attachment 屏幕快照 2019-08-25 上午1.44.54.png Variance analysis You have recently started work as a financial analyst for Tasty NZ Ltd, a New Zealand — based chocolate manufacturer. You have the following information on your financial system for June 2016: Budget Actual Sales units (bars) 165,000 196,875 Sales $ 198,000 214,594 Labour cost (19,800) (3 1,500) Raw materials cost (24,750) (23,625) Packaging cost (8,250) (1 1,813) Conhibution margin 145,200 147,656 Fixed costs (65,000) (60,000) Net profit 80,200 87,656 The standard cost profile for each chocolate bar is as follows Budget Sales price: 1.20 Labour cost: (0. 12) Raw materials cost: (0. 15) Packaging cost: (0.05) Contribution margin 0.88 You have received the additional information below from the factory manager, who also mentions that due to the installation of a new energy-saving and environmentally friendly packaging machine, they have had to pay some extra overtime this month, as the staff are not familiar with the new machine. Tasty have also changed the raw material suppliers. Budget labour cost per hour: $12.50 Actual June production hours: 2,1 10 Budget raw materials cost per kg: $3 .00 Actual raw materials used for per unit: 0.08kg Required: a) Prepare a flexed budget and variance analysis for the month of June. b) Show how the profit increased from $80,200 to $87,656. ATTACHMENT PREVIEW Download attachment 屏幕快照 2019-08-25 上午1.45.02.png c) Break down the labour variance and material variance into rate and efficiency variance, and price and usage variance, respectively. d) Interpret and explain your analysis of where the variances above have come from (in less than 250 words).
Effective communication is about more than just exchanging information. It
Question Effective communication is about more than just exchanging information. It is about understanding the emotion and intentions behind the information. Earlier this summer, the President of our University sent a memo out university wide stating that all faculty, and staff would receive a one percent pay increase effective October 1st and a two percent merit increase. Most people would read the memo and assume they would be receiving a three percent pay increase. But after further clarification, days later, a second memo was sent out to clarify the criteria for eligibility of the pay increase. To receive the one percent increase, you must have been employed full time as of June 30th of this year and that the 1 % pay raise was across the board. But the two percent was a merit-based pool for staff only and not everyone would receive the two percent raise as it would be based on evaluations. As you can imagine this was not as well received especially by our faculty as they would only be receiving the one percent. Staff would receive the one percent but may not qualify for any additional increase based on their evaluations. Because the original memo did not clarify the criteria for the raise amounts, and was vaguely stated, it caused confusion with the recipients and resulted in some difficult conversions with employees as to why they would only be receiving the one percent verses one and a half percent or even more depending on evaluations. For many, communicating more clearly and effectively requires learning some important skills. To become an effective communicator, you must first become an engaged listener. Often, we focus on what we should say and less on understanding what is being communicated and the emotions the speaker is trying to convey.Second, pay attention to the nonverbal signals. Obviously, this is not possible when the message in the form of a memo or email but be aware of the “tone” of the message. Third, keep your stress in check. How many times have you said or done something that you later regretted? Agree to disagree if needed. Take a break and cool off then readdress the issue with cooler heads.Finally, you need to assert yourself. A direct, assertive expression makes for clear communication and help boost your self-esteem and decision-making skills. Being assertive does not mean being hostile or aggressive, it just means being honest and standing up for yourself and respecting others.RequiredSuppose that you are the employees. Talk about how enacting communications to talk about the issues recognized above, could affect the circumstances more excellently or not so good. Provide particular instances to back your answers, if able to be done.
3. Application of the NPV Method: A software provider buys
Question 3. Application of the NPV Method: A software provider buys blank Blu-ray DVDs at $550 per hundred and currently uses 2 million DVDs per year. The manager believes that it may be cheaper to make the DVDs rather than buy them. Direct production costs (labour, materials, fuel) are estimated at $2.50 per DVD. The equipment needed would cost $3 million. The equipment should last for 15 years, provided it is overhauled every 5 years at a cost of $250000 each time. The operation will require additional current assets of $400000. The company’s required rate of return is 12 per cent. Evaluate the proposal.
A popular news article that I found was about Amazon
Question A popular news article that I found was about Amazon on February 14th, 2019. They decided to cancel their plans to add a second corporate headquarters in New York City. Their original plan was to build a campus in Queen’s Long Island City in exchange for $3 billion in subsidies. Amazon changed their mind because they wanted positive and collaborative relationships with state and local elected officials, and they got exactly the opposite. Most of the local politicians made it clear that they would oppose Amazons presence and would not work with them to build the type of relationships that are required to go forward with the project. This news struck a lot of people who were going to receive jobs due to this new build. Amazon was going to continue to add thousands of jobs to the New York region and that was all changed. I do not believe that Amazon portrayed their reasoning to the public deeply enough. They didn’t only let down their shareholders, but they crushed the hopes of all of these unemployed families in the New York region currently. In this specific case, Amazons problems stem around the happiness of their customers, and the housing-affordability problem in New York. The miscommunication for the cancelation of this plan could’ve really deterred current employees and customers from Amazon. People from New York especially, might be angry with Amazon and forfeit their spending habits. Organizational communication includes external-facing communications such as public relations announcements and press releases and that is exactly what Amazon did with this case.RequiredSuppose that you are the employees. Talk about how enacting communications to talk about the issues recognized above, could affect the circumstances more excellently or not so good. Provide particular instances to back your answers, if able to be done.
Is there a formula for the direct method when calculating
Question Is there a formula for the direct method when calculating amounts. I do not understand how the direct method applies to this question.
6. Application of the NPV methodA company must choose between
Question 6. Application of the NPV methodA company must choose between two machines. Machine A costs $50,000 and the annual operating expenses are estimated to be $20,000, while Machine B costs $85,000 and has estimated annual operating expenses of $15,000. Both machines have a 10 year life and will have a zero residual value.A) The company has a required rate of return of 10 per cent p.a. Which machine should it purchase.B) Rework the problem for a 7 per cent required rate of return.
today you earn a salary of 41,000. You assume that
Question today you earn a salary of 41,000. You assume that after working for another 30 years, you should be making an annual salary of 150,000. What annual average increase are you expecting? a. 4.95%b. 3.75%c. 4.42%d. 4.15%
Bill has been saving all of his working life for
Question Bill has been saving all of his working life for retirement ( 40 years). He believes that he has enough in his account to retire. He currently has $1,100,000 in his account and the account is earning an average of 6.5% per year. How much can he withdraw every month for 20 years, assuming there will be no money left in the account after 20 years? Select one:a. $7,985b. $7,626c. $8,201d. $8,356e. $6,539
Marjorie plans on investing $7500 every year in an S
Question Marjorie plans on investing $7500 every year in an S
At 5.75 percent interest (APR), how long would it take
Question At 5.75 percent interest (APR), how long would it take to triple your money if the bank offers monthly compounding on interest?Select one: A. 18.01 years B. 20.00 years C. 20.56 years D. 17.39 years E. 19.15 years
Andrea has just received an insurance settlement of $150,000. If
Question Andrea has just received an insurance settlement of $150,000. If she invests this amount today and can earn an annual rate of 7.5 percent. How much will she have in her account at the end of 30 years. Select one:A: $1,133,572B: $1,208,316C: $1,313,243D: $1,268,369
info :line of credit of $25,000 which he used up
Question info :line of credit of $25,000 which he used up within three months. cash budget : only about 15% of all sales in any month were made through the tasting room and were essentially cash sales. Of all the sales on credit, only 5% were paid for in the same month the sale was made, 49% were paid for the next month, and 42% were paid for during the following month. Total sales for the winery for November were $158,780 and for December were $205,362. cash needs :Andrew wanted to have $60,000 in the bank as a cash balance and he had more than that to start the year ($64,987). He had $129,378 in outstanding bills for the month of December which needed to be paid in January as all purchases are paid for within thirty days. He wants to know what caused the cash problem last year as the income statement showed the firm had a nice 6.5% net profit.Questions :.Do cash flow forecast for the next six monthsDoes Andrew need to reuse the line of credit that the bank has set up for him? if yes, how much? and if no suggest a reason why he may have run out of cash the previous year ATTACHMENT PREVIEW Download attachment Screen Shot 2019-08-23 at 5.10.25 PM.png Viggio Estimates for Next Year January February March April May June TOTAL Sales $73,305 $58,644 $58,644 $87,966 $97,740 $112,401 $488,700 Monthly Purchases $46,182 $36,946 $36,946 $55,419 $61,576 $70,813 $307,881 Mortgage payment $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $60,000 Rent for storage area $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $12,000 Utilities $2,000 $2,200 $1,800 $1,500 $2,000 $2,300 $11,800 Marketing $2,500 $2,100 $2,000 $2,200 $3,000 $2,500 $14,300 Insurance $700 $700 $700 $700 $700 $700 $4,200 Salaries and Benefits $5,000 $5,600 $5,000 $5,600 $6,400 $6,900 $34,500 Internet Website Maintenance $500 $500 $500 $500 $500 $500 $3,000 Repairs and Maintenance $500 $500 $500 $500 $500 $500 $3,000 Travel $1,800 $800 $1,500 $1,000 $800 $800 $6,700 Supplies $400 $400 $400 $400 $400 $400 $2,400 Loan Payments $2,275 $2,275 $2,275 $2,275 $2,275 $2,275 $13,650 Tax Payments $500 $560 $500 $560 $640 $690 $3,450 Annual Tax Payment $35,000 $35,000 Misc. $300 $300 $300 $300 $300 $300 $1,800Read more
13. Mutually exclusive projects with different livesHermes P/L operates a
Question 13. Mutually exclusive projects with different livesHermes P/L operates a courier service. A new van required to meet the increased demand for the company’s services. The choice has been narrowed down to three vans, A, B, C, each costing $100,000. Net cash flow estimates as follows ATTACHMENT PREVIEW Download attachment Q13 Data.PNG
16. Replacement decisionA company is considering the installation of a
Question 16. Replacement decisionA company is considering the installation of a new machine at a cost of $60,000 to replace a machine purchased 7 years ago for $100,000. The disposal value of the old machine is $15,000. Both machines have similar outputs and will produce work of identical quality. The estimate yearly costs of operating each machine are as follows:Both machines have an estimated remaining life of 3 years, at which time both machines will have an estimated disposal value of $5000, assume that:A) The RRR 10% p.a.B) The operating costs of the old machine and the new machine are incurred at the end of each year should the company purchase the new machine, or continue to operate the old one? ATTACHMENT PREVIEW Download attachment Q16 Data.PNG
Please see the attached quesstion: alt=”微信图片_20190824174114.png” /> ATTACHMENT PREVIEW Download
Question Please see the attached quesstion: alt=”微信图片_20190824174114.png” /> ATTACHMENT PREVIEW Download attachment 微信图片_20190824174114.png Mary is a principal of a school which provides education and accommodation for students. The school secretary prepared the following summary of costs for 2018, including a column showing the original budget for 2018. The School – cost analysis 2018 budget 2018 actual Number of students 200 180 Fixed costs Utilities $ 60.000 $ 64,000 Janitorial services 40,000 38.000 Repairs and maintenance 32,000 28,000 Salaries for non-convent employees 180,0004 190.000 Total fixed costs 312,000 320,000 Variable costs Food 1000.00047 920,00047 Clothing 90,00047 82,000 Laundry
Explain why you would expect there to be no difference
Question Explain why you would expect there to be no difference in the interest rates ofgovernment bonds of any two countries in the euro area and also explain why inpractice there are differences.
BackgroundRainbow Illusion is a 30-store retail chain concentrated in New
Question BackgroundRainbow Illusion is a 30-store retail chain concentrated in New South Wales and Victoria that sellsready-to-wear clothes for young females. Each store has a full-time manager and an assistant manager,both of whom are paid a salary. The cashiers and sales personnel are typically young peopleworking part-time who are paid an hourly wage plus a commission based on sales volume. Thecompany uses unsophisticated cash registers with four-part sales invoices to record each transaction.These sales invoices are used regardless of the payment type (cash, cheque, or bankcard).On the sales floor, the salesperson manually records his or her employee number and the transaction(clothes, class, description, quantity, and unit price), totals the sales invoice, calculates the discountwhen appropriate, calculates the sales tax, and pre- pares the grand total. The salesperson then givesthe sales invoice to the cashier, retaining one copy in the sales book.The cashier reviews the invoice and inputs the sale. The cash register mechanically validates theinvoice, automatically assigning a consecutive number to the transaction. The cashier is alsoresponsible for getting credit approval on charge sales and approving sales paid by cheque. Thecashier gives one copy of the invoice to the customer and retains the second copy as a store copyand the third for a bankcard, if a deposit is needed. Returns are handled in exactly the reversemanner, with the cashier issuing a return slip.At the end of each day, the cashier sequentially orders the sales invoices and takes cash register totalsfor cash, bankcard, cheque sales, and cash and credit card returns. These totals are reconciled by theassistant manager to the cash register tapes, the total of the consecutively numbered sales invoices,and the return slips. The assistant manager prepares a daily reconciliation report for the storemanager’s review.The manager reviews cash, cheque, and credit card sales and then prepares the daily bank deposit(credit card sales invoices are included in the deposit). The manager makes the deposit at the bankand files the validated deposit slip.The cash register tapes, sales invoices, and return slips are forwarded daily to the central dataprocessing department at corporate headquarters for processing. The data processing departmentreturns a weekly sales and commission activity report to the manager for review.RequiredReport to Chief Executive Officer of Rainbow Illusion to evaluate its processes, risks andinternal controls for its revenue cycle. In your report, you need to include the following items: Identify six strengths in Rainbow Illusion’s system for controlling sales transactions. For each strength identified, explain what problem(s) Rainbow Illusion has avoided byincorporating the strength in the system for controlling sales transactions. Identify two situational pressures in a company like Rainbow Illusion that would increasethe likelihood of fraud. Explain why some companies would choose to install a distributed computer system ratherthan a centralised one.
ABC Company had total assets of $185,000 and total stockholders’
Question ABC Company had total assets of $185,000 and total stockholders’ equity of $80,000 at the beginning of the year. During the year, assets increased by $39,000 and liabilities increased by $7,000. What would stockholders’ equity at the end of the year?
You perform a service worth $1,100 for a client and
Question You perform a service worth $1,100 for a client and you receives $400 cash with the remainder on account. The journal entry for this transaction would be:–debit Cash, debit Service Revenue, credit Accounts Receivable?or debit Cash, credit Service Revenue?or debit Cash, debit Accounts Receivable, credit Service Revenue?or debit Cash, credit Accounts Receivable, credit Service Revenue?
Hi. I need a little help on these governmental journal
Question Hi. I need a little help on these governmental journal entry questions. How do you prepare in general journal form the necessary entries in the governmental activities and appropriate fund journals for each transaction? The City of Mountain View had the following transactions during the year, none of which have been recorded yet. Some of the transactions affect governmental activities.Construction bonds worth $7,000,000 were sold at par by the Capital Projects Fund. Debt issuance costs included administrative fees of $50,000 and prepaid insurance costs of $5,000.Four months prior to year-end, $600,000 worth of 6% special assessment bonds were sold to fund a bicycle lane improvement project. The first $30,000 installment will be due from property owners six months after the initial bond issuance. The bonds are secondarily backed by the city.Thank you
you have not answered my question;An organisation buys a tangible
Question you have not answered my question;An organisation buys a tangible non-current asset for £200,000. It has an estimated scrap value of £20,000 and an expected useful economic life of 10 years. o What depreciation will be shown in the income statement for year 3?o How would the non-current asset be shown in the statement of financial position at the end of year 3?o If the asset is sold for £120,000 in year 4, how will this affect:§ the income statement for year 4?§ the statement of financial position at the end of year 4?o How will the sale of the tangible non-current asset affect the firm’s statement of cash flows?
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