Managerial Analysis Grading Guide ACC/561 Version 7 2 Managerial Analysis Grading Guide ACC/561 Version 7 Accounting Copyright Copyright © 2017 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Individual Assignment: Managerial AnalysisPurpose of Assignment This comprehensive case requires students to evaluate a static budget and prepare flexible budgets to meet managerial needs. Students are required to calculate and analyze variances and discuss how variances are critical to managerial decision making. Resources Required Generally Accepted Accounting Principles (GAAP) U.S. Securities and Exchange Committee (SEC) Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products. Green Pastures Static Budget Income Statement Grading Guide Content Met Partially Met Not Met Comments: Based on the static budget report answered the following questions: · What was the primary cause(s) of the loss in net income? · Did management do a good, average, or poor job of controlling expenses? · Were management’s decisions to stay competitive sound? Prepared a flexible budget report for the year. Based on the flexible budget report, answered the following questions: · What was the primary cause(s) of the loss in net income? · Did management do a good, average, or poor job of controlling expenses? · Were management’s decisions to stay competitive sound? Answered the following question: · What course of action does student recommend for the management of Green Pastures? Showed work in Microsoft® Word or Excel®. Completed calculations/computations using Microsoft® Word or Excel®. The examination is a minimum 700-to 1050- words in length. Total Available Total Earned 105 #/105 Writing Guidelines Met Partially Met Not Met Comments: The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. Intellectual property is recognized with in-text citations and a reference page. Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Total Available Total Earned 45 #/45 Assignment Total # 150 #/150 Additional commen.