Old Mule Farms ACC 502 Managerial Accounting October 15, 2013 Dr. Kyle S. Meyer Introduction In the ever-growing small to large business sector, operational decisions are important to determine if an organization has sufficient resources to maintain its operation, expand, or make investments for the ongoing benefit company. Organizations often employ professional consultants to evaluate operations deficiencies, including the preparation of cost analysis to better gauge their growth and
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patients per day, average $130 revenue per patient, and a cost of $3.50 per patient. The Forecasted P&L Statement is shown below. Forecasted Columbia Walk in Clinic P&L Statement (For Year 2010) Total Revenues ($44.157 x 16,200) $715,356 Total Variable Costs ($3.50 x 16,200) $56,700 Total Contribution Margin ($40.657 x 16,200) $658,656 Fixed Costs $696,708 Profit $(38,052) Columbia Walk in Clinic Estimated Financial Data (For Year 2010) Number of Visits 16,200
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40 | 6 | 144 | 134 | 10 | 24 | 32 | 22.30 | c) Firm A The quantity produced would be 6 by this firm. They will make an economic profit of $50. Figure 1.1 Figure 1.2 As shown in Figure 1.1, at a quantity of both 5 and 6; total revenue surpasses total cost by the greatest amount, which is $50. This permits for the greatest economic profit obtainable. However, as shown in Figure 1.2, at a quantity of 5, marginal cost is below marginal revenue by $4, which means the quantity sold needs
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3 020 B1 B1 B1 B1 Total 4 B1 B1 B1 Total 3 B1 B1 B1 Total 3 B1 B1 M1 A1 Total 4 B1 B1 B1 B1 Total 4 Foundation Tier Paper 1B Marking Guide   radius tangent diameter 3 (a) (b) 7 4 (c) 9 12 4 [= 3 ] 90 [ = 9 ] 4 (a) (b) 160 ÷ 10 = 16 10 5 (a) (b) 60 (c) 7.2 (d) 140 100 (c) 160 ÷ 4 = 40 3 × 40 = 120 350 2012 EFB Paper 1 marks Page 2 © Churchill Maths Limited 6 (a) e.g. (b) e.g. 7 (a) 30 On average, how long do you spend walking your dog(s) each
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Contents Introduction 2 LO1. Understand the importance of cost, volume and profit for management decision making in the travel and tourism 2 1.1 Importance of Cost and Volume 2 1.2 Pricing Methods 4 1.3 Factors Affecting Profit 5 LO2. Understand the use of management accounting information as a decision making tool in travel and tourism businesses 7 2.1 Types of Management Accounting Information 7 2.2 Decision Making Tool 8 LO3. Be able to interpret financial accounts to assist
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Exhibit A). At full capacity, FinePrint has revenues of $25,500, costs of $22,500 which equates to $3,000 in profit a month. By accepting the special order, the total costs are decreased by $250 because Johnson saves $1 on every 100 brochures in the special order (no sales commission). The revenues generated from the special order decrease total revenues from $25,500 to $23,750 because FinePrint will only receive $10 per 100 brochures. This means the profit from executing the special order decrease
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Total Rewards Systems Proposal Your Name here Name of the University Instructor Name here HRM 533- Total Rewards Date Abstract This paper is provided to create, organize, and manage a total rewards program for an insurance company. First, it indicates the requirement of a total rewards system for the company. Then, it formulates a competitive strategy and explains it. Since the communication of a strategy is as important as the strategy itself, the paper includes a
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agency operations and renegotiating with JOSH after eight months. An investment of ₹18,000 per month should be made towards additional manpower and the 30% drop in margins should be supported temporarily. After eight months, a remuneration of 3% of total sales should be renegotiated with JOSH. Yours sincerely, Ketan Murali External Consultant to Logistics Solutions EXECUTIVE SUMMARY RDS wants to decide on the course of action to address a decrease of 30% in its profit margins following
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Task 8 3.1 Explain the purpose and nature of the budgeting process. Task 8 IN business,budget can be defined as a plan for an organization is outgoing expenses and incoming revenues for a specific time period. Budgets are used in many organizations to Track and control spending The purpose is to ensure that available funds are used according to plan,within preset limits and not exceeding available funds. Support funding requests The purpose is to justify the use of funds and to
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variable costs could be determined and that it would be a good place to set our volume for analysis. The total fixed costs for reconditioning is $50,000 with one million dollars spent in variable costs for a total cost of $1.5 million. To purchase new equipment, the fixed costs are $200,000 and the variable costs are half of the cost of reconditioning the old equipment at $500,000 for a total cost of $700,000. Finally, to outsource, while there would be no initial or fixed costs, the variable cost
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