FOR MORE CLASSES VISIT
www.acc561genius.com
Company: L3 Harris Technologies, Inc. Stock Symbol: LHX Open the link to the company's financial statements. The link is listed under the Resources heading (see below).
For more classes visit
www.snaptutorial.com
This Tutorial contains 2 Papers
Select an organization with which you are familiar.
Create a 700- to 1,050-word paper or 16- to 24-slide presentation using a modality of your choice.
For more classes visit
www.snaptutorial.com
Purpose of Assignment
This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability.
For more classes visit
www.snaptutorial.com
This Tutorial contains 2 Papers
Select an organization with which you are familiar.
Create a 700- to 1,050-word paper or 16- to 24-slide presentation using a modality of your choice.
For more classes visit
www.snaptutorial.com
Purpose of Assignment
This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability.
http://finishedexams.com/homework_text.php?cat=1782
Immediate access to solutions for ENTIRE COURSES, FINAL EXAMS and HOMEWORKS “RATED A+" - Without Registration!
Fin 585 Enhance teaching / snaptutorial.comBaileya5
For more classes visit
www.snaptutorial.com
This Tutorial contains 2 Papers
Select an organization with which you are familiar.
Create a 700- to 1,050-word paper or 16- to 24-slide presentation using a modality of your choice.
Describe the following:
The organization including its profit/nonprofit status.
Manufacturing/service type.
The roles and responsibilities of the financial controller.
FIN 585 Exceptional Education - snaptutorial.comDavisMurphyB2
For more classes visit
www.snaptutorial.com
This Tutorial contains 2 Papers
Select an organization with which you are familiar.
Create a 700- to 1,050-word paper or 16- to 24-slide presentation using a modality of your choice.
Describe the following:
FIN 585 Education Specialist / snaptutorial.com McdonaldRyan86
For more classes visit
www.snaptutorial.com
This Tutorial contains 2 Papers
Select an organization with which you are familiar.
Create a 700- to 1,050-word paper or 16- to 24-slide presentation using a modality of your choice.
Describe the following:
http://finishedexams.com/homework_text.php?cat=15872
Immediate access to solutions for ENTIRE COURSES, FINAL EXAMS and HOMEWORKS “RATED A+" - Without Registration!
For more course tutorials visit
www.uopacc561.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making
FOR MORE CLASSES VISIT
www.acc561tutorial.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision
Article Reviews each class will typically offer at least one arti.docxfredharris32
Article Reviews: each class will typically offer at least one article that you are expected to read and which will be discussed during class. You may choose up to 5 articles during the semester and prepare a concise 2 page maximum essay (plus a cover sheet, cites page with full cites of the article and any other resources used, and any attached or embedded exhibits) to summarize key points in the article and how they apply specifically to the strategy and simulation decision-making for your team in J411. Graded essays submitted via the OnCourse Assignments tab and discussed by the author in class by the deadline earn up to 20 points each (15 points max if late or if not discussed).
Monthly Profit Report Trad'lPERFORMANCE DRINKS - MONTHLY PROFIT REPORTBasicHydrationIntensityPost WorkoutTotalREVENUE Sales$ 125,000$ 120,000$ 74,250$ 93,000$ 412,250COSTS Direct Materials$ 40,000$ 50,000$ 31,000$ 33,000$ 154,000 Direct Labor$ 25,000$ 20,000$ 10,000$ 18,000$ 73,000 Fringe Benefits on Direct Labor$ 11,250.00$ 9,000.00$ 4,500.00$ 8,100.00$ 32,850.00 Manufacturing Overhead$ 43,750.00$ 35,000.00$ 17,500.00$ 31,500.00$ 127,750.00 TOTAL COST$ 120,000.00$ 114,000.00$ 63,000.00$ 90,600.00$ 387,600.00GROSS MARGIN$ 5,000.00$ 6,000.00$ 11,250.00$ 2,400.00$ 24,650.00GROSS MARGIN RATIO4.00%5.00%15.15%2.58%5.98%Annual Volume:100,00080,00045,00060,000285,000Unit Price:$ 1.25$ 1.50$ 1.65$ 1.55$ 1.45Unit Cost:$ 1.200$ 1.425$ 1.400$ 1.510$ 1.360
Mfg OHDPERFORMANCE DRINKS - MONTHLY MFG OHD COST REPORTMonthly ChargeIndirect Labor$ 55,000.00Fringe Benefits on Indirect Labor$ 24,750.00Utilities$ 5,000.00Processing Equipment - Depreciation$ 10,000.00Preventative Maintenance$ 10,000.00Information Technology$ 23,000.00Total$ 127,750.00
ACCT640 – Managerial Accounting
Fall 2013
Case #2 – Performance Drinks: Applying Activity Based Costing
Background:
Performance Drinks, LLC is owned by Dave N. Port. Performance Drinks produces a variety of sports centered drinks. They began operations in 1993 shortly after Mr. Port graduated with his M.B.A. from Davenport University. The company saw early success as sports and fitness nutritional products gained new popularity in the 1990’s. Financially the company is sound and has been wise in controlling their growth over the years. However, within the last 18 months Mr. Port has noticed a drop in overall company profitability. This is especially troubling considering that the company has continued to experience top-line growth. Mr. Port and his management team have been considering developing a new product line. However, those plans have been put on hold until they can figure out why their profits are shrinking.
Performance Drinks makes four different kinds of sports drinks. Those drinks are as follows:
· Basic
· Hydration
· Intensity
· Post-Workout
Each of these drinks contains a slightly different nutr ...
For more course tutorials visit
www.uopacc561.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through
Health Care Research Project
By:
Dr. Joseph Foy, CPA
Dr. Frimette Kass, CPA
Overview
This project is designed to have many learning outcomes. Some of the learning outcomes include:
· team building skills
· leadership skills
· accounting and auditing research
· identifying and correcting weak/non-existent controls
· perform financial statement analysis
· imp[rove/develop report writing skills
To accomplish this project you will be divided into teams of four or five. Each team will choose a publicly traded hospital corporation. You will then perform certain audit techniques on the team’s chosen corporation and write short papers about what you have discovered.
Step by Step Description of the Project
This project is broken into various steps. Each step will have its own due date. By dividing the project into steps it will be easier for you to accomplish the project over the course of a semester.
Step One: Selection of Teams and corporations
On, or about, February 4 (the last day to add a course) you will be randomly assigned to teams of three to five. You will be able to determine your team by searching in BB under the ‘Groups’ tab.
Each team will then do research to find a publicly traded hospital corporation. The benefit of using publicly traded corporations is that their financial statements are publicly available online. Each team must choose a different corporation. Do some internet research. When you find a company post it on the discussion board area that is set up in BB for this purpose. The corporations will be assigned on a first come, first serve basis.
For each Deliverable (assignment to be submitted via Blackboard), teams will choose a different leader from among the group. The job of the team leader is to breakdown the work for that deliverable, assign the work to team members, organize peer review of the assignment, and upload the assignment in a timely fashion.
Step Two/Deliverable One: Finding and Analyzing F/SDeliverable One: Create Excel Spreadsheet, Financial Analysis
In this first deliverable, you are going to work with excel spreadsheets to become familiar with the financial information published by your corporation.Deliverable One Objectives:
1. Demonstrate an understanding how to use various features of excel.
2. Understand financial analytical tools to help make business decisions.
3. Demonstrate an understanding of various types of accounts public companies utilize.
4. Demonstrate how to organize data.Deliverable One Requirements:
1. Collaborate with other students in groups.
2. Excel spreadsheet data set up.
3. Horizontal and vertical analysis.
4. Financial ratio analysis.
5. Chart results.
6. Upload the document via Blackboard.
Requirement #1: Collaborate with Group
Students will continue to collaborate within their assigned groups to complete this deliverable, but the work product will be graded individually. You are to elect a new group leader to centralize group communications ...
http://finishedexams.com/homework_text.php?cat=1782
Immediate access to solutions for ENTIRE COURSES, FINAL EXAMS and HOMEWORKS “RATED A+" - Without Registration!
Fin 585 Enhance teaching / snaptutorial.comBaileya5
For more classes visit
www.snaptutorial.com
This Tutorial contains 2 Papers
Select an organization with which you are familiar.
Create a 700- to 1,050-word paper or 16- to 24-slide presentation using a modality of your choice.
Describe the following:
The organization including its profit/nonprofit status.
Manufacturing/service type.
The roles and responsibilities of the financial controller.
FIN 585 Exceptional Education - snaptutorial.comDavisMurphyB2
For more classes visit
www.snaptutorial.com
This Tutorial contains 2 Papers
Select an organization with which you are familiar.
Create a 700- to 1,050-word paper or 16- to 24-slide presentation using a modality of your choice.
Describe the following:
FIN 585 Education Specialist / snaptutorial.com McdonaldRyan86
For more classes visit
www.snaptutorial.com
This Tutorial contains 2 Papers
Select an organization with which you are familiar.
Create a 700- to 1,050-word paper or 16- to 24-slide presentation using a modality of your choice.
Describe the following:
http://finishedexams.com/homework_text.php?cat=15872
Immediate access to solutions for ENTIRE COURSES, FINAL EXAMS and HOMEWORKS “RATED A+" - Without Registration!
For more course tutorials visit
www.uopacc561.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making
FOR MORE CLASSES VISIT
www.acc561tutorial.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision
Article Reviews each class will typically offer at least one arti.docxfredharris32
Article Reviews: each class will typically offer at least one article that you are expected to read and which will be discussed during class. You may choose up to 5 articles during the semester and prepare a concise 2 page maximum essay (plus a cover sheet, cites page with full cites of the article and any other resources used, and any attached or embedded exhibits) to summarize key points in the article and how they apply specifically to the strategy and simulation decision-making for your team in J411. Graded essays submitted via the OnCourse Assignments tab and discussed by the author in class by the deadline earn up to 20 points each (15 points max if late or if not discussed).
Monthly Profit Report Trad'lPERFORMANCE DRINKS - MONTHLY PROFIT REPORTBasicHydrationIntensityPost WorkoutTotalREVENUE Sales$ 125,000$ 120,000$ 74,250$ 93,000$ 412,250COSTS Direct Materials$ 40,000$ 50,000$ 31,000$ 33,000$ 154,000 Direct Labor$ 25,000$ 20,000$ 10,000$ 18,000$ 73,000 Fringe Benefits on Direct Labor$ 11,250.00$ 9,000.00$ 4,500.00$ 8,100.00$ 32,850.00 Manufacturing Overhead$ 43,750.00$ 35,000.00$ 17,500.00$ 31,500.00$ 127,750.00 TOTAL COST$ 120,000.00$ 114,000.00$ 63,000.00$ 90,600.00$ 387,600.00GROSS MARGIN$ 5,000.00$ 6,000.00$ 11,250.00$ 2,400.00$ 24,650.00GROSS MARGIN RATIO4.00%5.00%15.15%2.58%5.98%Annual Volume:100,00080,00045,00060,000285,000Unit Price:$ 1.25$ 1.50$ 1.65$ 1.55$ 1.45Unit Cost:$ 1.200$ 1.425$ 1.400$ 1.510$ 1.360
Mfg OHDPERFORMANCE DRINKS - MONTHLY MFG OHD COST REPORTMonthly ChargeIndirect Labor$ 55,000.00Fringe Benefits on Indirect Labor$ 24,750.00Utilities$ 5,000.00Processing Equipment - Depreciation$ 10,000.00Preventative Maintenance$ 10,000.00Information Technology$ 23,000.00Total$ 127,750.00
ACCT640 – Managerial Accounting
Fall 2013
Case #2 – Performance Drinks: Applying Activity Based Costing
Background:
Performance Drinks, LLC is owned by Dave N. Port. Performance Drinks produces a variety of sports centered drinks. They began operations in 1993 shortly after Mr. Port graduated with his M.B.A. from Davenport University. The company saw early success as sports and fitness nutritional products gained new popularity in the 1990’s. Financially the company is sound and has been wise in controlling their growth over the years. However, within the last 18 months Mr. Port has noticed a drop in overall company profitability. This is especially troubling considering that the company has continued to experience top-line growth. Mr. Port and his management team have been considering developing a new product line. However, those plans have been put on hold until they can figure out why their profits are shrinking.
Performance Drinks makes four different kinds of sports drinks. Those drinks are as follows:
· Basic
· Hydration
· Intensity
· Post-Workout
Each of these drinks contains a slightly different nutr ...
For more course tutorials visit
www.uopacc561.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through
Health Care Research Project
By:
Dr. Joseph Foy, CPA
Dr. Frimette Kass, CPA
Overview
This project is designed to have many learning outcomes. Some of the learning outcomes include:
· team building skills
· leadership skills
· accounting and auditing research
· identifying and correcting weak/non-existent controls
· perform financial statement analysis
· imp[rove/develop report writing skills
To accomplish this project you will be divided into teams of four or five. Each team will choose a publicly traded hospital corporation. You will then perform certain audit techniques on the team’s chosen corporation and write short papers about what you have discovered.
Step by Step Description of the Project
This project is broken into various steps. Each step will have its own due date. By dividing the project into steps it will be easier for you to accomplish the project over the course of a semester.
Step One: Selection of Teams and corporations
On, or about, February 4 (the last day to add a course) you will be randomly assigned to teams of three to five. You will be able to determine your team by searching in BB under the ‘Groups’ tab.
Each team will then do research to find a publicly traded hospital corporation. The benefit of using publicly traded corporations is that their financial statements are publicly available online. Each team must choose a different corporation. Do some internet research. When you find a company post it on the discussion board area that is set up in BB for this purpose. The corporations will be assigned on a first come, first serve basis.
For each Deliverable (assignment to be submitted via Blackboard), teams will choose a different leader from among the group. The job of the team leader is to breakdown the work for that deliverable, assign the work to team members, organize peer review of the assignment, and upload the assignment in a timely fashion.
Step Two/Deliverable One: Finding and Analyzing F/SDeliverable One: Create Excel Spreadsheet, Financial Analysis
In this first deliverable, you are going to work with excel spreadsheets to become familiar with the financial information published by your corporation.Deliverable One Objectives:
1. Demonstrate an understanding how to use various features of excel.
2. Understand financial analytical tools to help make business decisions.
3. Demonstrate an understanding of various types of accounts public companies utilize.
4. Demonstrate how to organize data.Deliverable One Requirements:
1. Collaborate with other students in groups.
2. Excel spreadsheet data set up.
3. Horizontal and vertical analysis.
4. Financial ratio analysis.
5. Chart results.
6. Upload the document via Blackboard.
Requirement #1: Collaborate with Group
Students will continue to collaborate within their assigned groups to complete this deliverable, but the work product will be graded individually. You are to elect a new group leader to centralize group communications ...
FIN 375 Introduction Education--fin375.comkopiko225
For more course tutorials visit
www.fin375.com
FIN 375 Week 1 My Future Business Opportunity
FIN 375 Week 2 Individual Financial Ratios (Moserk Company's)
FIN 585 Effective Communication - tutorialrank.comBartholomew34
For more course tutorials visit
www.tutorialrank.com
This Tutorial contains 2 Papers
Select an organization with which you are familiar.
Create a 700- to 1,050-word paper or 16- to 24-slide presentation using a modality of your choice.
Describe the following:
The organization including its profit/nonprofit status.
Manufacturing/service type.
The roles and responsibilities of the financial controller.
The major stakeholders of your chosen organization
For more course tutorials visit
www.fin375.com
FIN 375 Week 1 My Future Business Opportunity
FIN 375 Week 2 Individual Financial Ratios (Moserk Company's)
For more course tutorials visit
www.fin375.com
FIN 375 Week 1 My Future Business Opportunity
FIN 375 Week 2 Individual Financial Ratios (Moserk Company's)
FIN 375 Week 2 Team Financial Break-Even Analysis
FIN 375 Individual Assignment Business Loan Eligibility
For more course tutorials visit
www.tutorialrank.com
B6022 Module 1 Assignment 3 Calculating Financial Ratios
ital to any ratio analysis are the steps of gathering financial data and selecting and calculating relevant ratios. This assignment provides you with an opportunity to do just that.
For more course tutorials visit
www.tutorialrank.com
B6022 Module 1 Assignment 3 Calculating Financial Ratios
ital to any ratio analysis are the steps of gathering financial data and selecting and calculating relevant ratios. This assignment provides you with an opportunity to do just that.
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
1. ACC 561 Apply Week 1 Financial Statement L3 Harris
Technologies, Inc (May 2020 Syllabus)
FOR MORE CLASSES VISIT
www.acc561genius.com
Company: L3 Harris Technologies, Inc. Stock Symbol: LHX Open the link
to the company's financial statements. The link is listed under the
Resources heading (see below). Review the data included with the
income statement, balance sheet, and cash flow tabs. 1. Explain the
information provided by each financial statement and include specific
examples. 2. Review the accounting data and explain positive or
negative trends. How does this impact the business? 3. If you were an
investor which financial statement AND accounts would you review?
Why? 4. If you were a member of the management team which
financial statement AND accounts would you review? Why? Write a
paper between 1,000 to 1,700 words. Format your paper consistent
with APA guidelines. Deliverable: Paper (MS Word) Review your
Originality Report generated from SafeAssign. A new originality report
is created with each attempt. Your last attempt is used for grading. This
is the website for the assignment
==============================================
ACC 561 Week 2 Small business analysis (May 2020, New
Syllabus)
FOR MORE CLASSES VISIT
www.acc561genius.com
2. You are interested in establishing a small business. Write a paper
between 1,000 and 1,500 words discussing your small-business idea.
Include the following: 1. Discuss your business and the product or
service your small business provides. 2. Identify which accounting
method (i.e. cash versus accrual) you plan to use for your business.
Why did you select this choice? 3. List six business transactions you
expect to incur with your company. State which accounts (from your
chart of accounts) are impacted. 4. Discuss how each business
transaction (see point 3) impacts your income statement, balance sheet
and statement of cash flow. 5. Select one organization type (sole
proprietorship, partnership, C-corporation, and S-corporation) for your
company and explain why you selected this option.
==============================================
ACC 561 Week 3 Ratio Analysis (BRIDGFORD) (May 2020
Syllabus)
FOR MORE CLASSES VISIT
www.acc561genius.com
ACC/561: Accounting Financial Analysis: 1. Open the Excel spreadsheet
provided. Prepare a vertical analysis of Bridgford’s income statement.
Enter the percentages in columns C, E, G, I and K. For additional
information regarding vertical analysis, please review the following.
Vertical Analysis 2. Prepare a projected income statement assuming
sales increase by 3% in 2020 and 6% in 2021. 1. Average your vertical
analysis percentages for each income statement account and enter the
results in column L, rows 5 - 11. Example: Add columns C, E, G, I and K
and divide by 5. (64.07+60.58+63.17+67.57+67.34)/5=64.55%. Column
3. L, row 5 = 64.55%. 2. Enter your projected sales number in columns M
& N, row 4. 3. Columns M and N: Multiply projected sales by the
average percentage for each income statement account. 3. Ratio
Computations. Use Excel formulas to calculate financial ratios listed
with the income statement and balance sheet tabs. Calculate ratios for
seven years (i.e. 2015-2021). Do not prepare ratios that require data
==============================================
ACC 561 Week 4 Business Analysis Super bakery (May 2020
Syllabus)
FOR MORE CLASSES VISIT
www.acc561genius.com
Read the case study provided and write a paper between 1,000 and
1,700 words addressing the following questions. 1. You are a recent
MBA graduate and were hired by the company as a business
consultant. Your objective is to identify areas for improvement. Present
three business recommendations to management and state how this
will impact the company's financial statements. 2. Why did company
management think it was necessary to install an ABC system? Do you
agree with their reasoning? Explain your answer. 3. Evaluate and
recommend changes to the organization’s cost drivers. State how this
influences cost accounting results and business decision capabilities. 4.
Is job order or process costing a viable option for the company. Why or
why not? Format your paper consistent with APA guidelines.
Deliverable: Paper (MS Word).
==============================================
4. ACC 561 Week 5 Cost analysis and Business Planning (Kosama)
(May 2020 Syllabus)
FOR MORE CLASSES VISIT
www.acc561genius.com
Write a paper between 700 and 1,000 words addressing the following:
Part 1, Sections 1-2: Provide calculations and a solution for total
variable costs, break even in sales volume (number of members), break
even in sales (in dollars), and margin of safety. Part 1, Section 3:
Respond to the questions included with the case study. Part 1, Section
4: Assume you decide to invest in the franchise. Provide a description
and estimates in dollars for monthly sales, variable and fixed expenses.
Explain how you determined each number and provide a written list of
assumptions. A case study and instructions are provided during week
five. Case Study: In addition to regular gyms, nontraditional workout
concepts and centers such as Kosama are increasing in popularity.
Kosama is a franchise opportunity that offers members the opportunity
to improve their health and fitness level. To learn more about the
company visit kosama.com. Part 1, Section 1: Assume the following
revenue and cost break-down. Revenue: Monthly membership fee =
$28. Costs: -General fixed operating expenses = $3,975 per month. -
Equipment Lease = $410 per month. -Towel service = $.50 per member
based on volume. -Mixed costs are equal to $275 per/month (fixed)
plus $1.10 per membership sale (variable). -Total variable costs are not
known. -Estimated number of members required to break even is
between 255 and 275 members per month. Using the information
provided estimate the amount of variable costs. When performing your
analysis, assume that the only fixed costs are the estimated monthly
5. dollars have to be to achieve a target net income of $14,500 for the
month?
==============================================
ACC 561 Week 6 Budget Preparation And Variance Analysis
(May 2020 Syllabus)
FOR MORE CLASSES VISIT
www.acc561genius.com
The purpose of this assignment is to evaluate and prepare a budget.
Resources: Excel File. Tutorials and links to Excel help files were
provided during week one of our class. Instructions: 1. Download the
Excel file provided. The file is available at the end of week five. 2. Read
the instructions tab. 3. Complete the Budget and Variance Analysis tab.
4. Submit the completed Excel file. Download the Excel file provided.
Your responsibility is to calculate prior year actual results and prepare a
flexible budget. Use prior year data to complete the 2018 variable
costing income statement. The flexible budget includes several changes
to the data. The changes are listed in the Excel file / Instructions Tab.
Excel: In order to minimize errors, improve accuracy, and increase
efficiency use formulas in all cells. If you need assistance with Excel
review the week one questions thread. Included therein are three
options to help you advance your Excel skills. Two links at the bottom
are titled “Formula Overview” and “Excel - Basic Math”. The third
option is Excel Essential Training (week one learning activities). The
tutorials will help you with, in part, formulas and spreadsheet format.
Video: In order to gain experience and insight please review the
following video. It is a simple presentation and will help everyone
6. develop a basic understanding of flexible budgets. The video was
created by a third party. There are additional videos included with the
Bing search as well. Flexible Budget Example Flexible Budget Guidance:
For additional information regarding flexible budgets please review the
following. What is a flexible budget? Based on the example, fixed
expenses do not change with volume. Contrary, variable expenses
==============================================
