PGBM01 - MBA Financial Management And Control (2015-16 Trm1 A) Pgbm 01 workshop 8 additional question alpha
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The management of a business is concerned about an inability to obtain enough trained labor to meet its budget projections for three services: Alpha, Beta, and Gamma. The business has a budget of £20,000 for labor costs and needs to prepare a plan to achieve at least 50% of the budgeted sales revenue for each service while maximizing profit using the available labor.
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Bba402 management accounting
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The document provides information about a factory's variable, semi-variable, and fixed expenses at different activity levels to construct a flexible budget. It also includes information about an indirect manufacturing cost budget and actual expenses for a machine shop to determine if the foreman is entitled to a bonus. Finally, it outlines the expansion plans and costs for a manufacturing company and asks which alternative for operations after expansion would be optimal.
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Ram Krishna Forging Limited was founded in 1981 in Coimbatore, India and started production in 1984. It supplies parts to companies like TATA Motors and the Indian Defense sector.
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Stuart David Jeavons has over 30 years of experience in sales roles within the materials handling equipment industry. He is currently the Sales Manager for AFD Plant, where he helped start and grow the business to £285,000 in annual sales. Previously, he held several director and manager roles where he consistently met and exceeded sales targets. Mr. Jeavons prides himself on his persistence, positivity, and ability to regularly update his technical skills.
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Cost and management accounting (2) (1)
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601
Bba402 management accounting
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601
Mbaptbcvi ijuly2009 s
The document provides information about a factory's variable, semi-variable, and fixed expenses at different activity levels to construct a flexible budget. It also includes information about an indirect manufacturing cost budget and actual expenses for a machine shop to determine if the foreman is entitled to a bonus. Finally, it outlines the expansion plans and costs for a manufacturing company and asks which alternative for operations after expansion would be optimal.
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Ram Krishna Forging Limited was founded in 1981 in Coimbatore, India and started production in 1984. It supplies parts to companies like TATA Motors and the Indian Defense sector.
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It also discusses whether production overhead rates should vary for different machines, as marketing argues this could save profitable orders. The executive committee must decide on pricing and overhead rates.
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1) The document provides instructions for completing a spreadsheet budget for a proposed cinema party promotion. It includes formatting cells, adding formulas to calculate totals, labeling rows, and inserting additional information like the number of workers required and their costs.
2) The student is asked to add formulas to calculate totals for income and costs. They must also format cells, label rows, and insert new information like the number of workers required based on attendance, their individual cost, and the total cost of workers.
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Download these notes and other resources at https://WeAreQurious.com/Economics
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Producer equilibrium
Producer equilibrium is reached when a firm produces at the lowest possible cost, by combining inputs at the point where the isoquant curve is tangent to the isocost line. This occurs when the marginal rate of technical substitution is equal to the ratio of input prices. It represents the maximum level of output and profit. Producer equilibrium can be analyzed graphically using isoquant and isocost curves, where the point of tangency indicates the combination of inputs that minimizes cost at a given output.
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Send your semester & Specialization name to our mail id :
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Blue Diamond, Inc. sold 20,000 units in Q1 2014 for total sales of $800,000. The document provides information to prepare a cost-volume-profit (CVP) income statement for Blue Diamond, including calculating the contribution margin per unit and contribution margin ratio. It also defines the key features of a CVP statement.
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The document summarizes the cheeku auction market system in India. Farmers sell cheeku (a type of fruit) to vendors at the auction market, where the vendors pay a 10% commission to the auction house. Farmers are unsatisfied with unstable prices and high auction fees, and want government intervention to ensure fair pricing and support export. Vendors pay high transportation costs to move cheeku from the farms to markets in cities like Mumbai and Ahmedabad. The future prospects discussed include establishing more government-regulated markets, using ports to expand exports, continuing to support the growing region, and providing subsidies and research to help farmers.
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This document outlines a plan for Aayam Durables Ltd, a consumer durable company facing financial difficulties, to reduce costs and increase investment. It proposes firing employees across several departments to save over 6 crore in costs. It also estimates over 27 crore in savings from normal attrition. After factoring in needed recruitment, the total manpower cost reduction is estimated to be over 13 crore. Combined with additional available funds, this provides 48 crore to invest in R&D, sales, and marketing to drive revenue growth and reduce losses as the industry is projected to expand 15% in 2015.
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The document contains several questions related to costing and profitability analysis for companies. Question 1 involves analyzing the impact of a 20% price reduction and 30% sales increase. Question 2 calculates P/V ratio, sales to earn Rs. 5 lakhs profit, and profit at Rs. 10 lakhs sales. Question 3 determines the lowest export price using marginal costing principles.
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Better Burgers should consider factors like foot traffic, accessibility, and costs when deciding where to locate a new city center outlet. A car sales outlet would prioritize visibility and access over foot traffic like a jewelry shop. The break-even point shows the level of output needed for total revenue to equal total costs, and allows companies to determine if expansion could be profitable or if costs need to be cut. For Cairo Tyre, labor is a variable cost per unit while materials and fixed costs do not vary with output. The break-even point is 10,000 tyres, where revenue of $50,000 equals total costs of $50,000.
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The document discusses choosing the best investment plan for leasing a distribution center space in Johannesburg, South Africa for the next three years. It considers fluctuating spare parts demand and real estate prices. The optimal solution is a flexible lease that allows modifying leased space annually based on actual business needs, reducing costs of unused space compared to a fixed long-term lease. Projections show the flexible lease performs better economically in 3 of 4 scenarios and limits losses if demand is lower than expected.
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The document discusses different types of costs that businesses incur: fixed costs, variable costs, direct costs, and indirect costs. It provides examples of each:
- Fixed costs do not change with output, like rent costs of £12,000 per year.
- Variable costs do change with output, like stock which is £200 per month.
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The document also presents a case study of costs for Mr. and Mrs. Cartwright's market stall and asks questions about categorizing the costs and calculating profits.
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Better Burgers should consider factors like foot traffic, accessibility, and costs when deciding where to locate a new city center outlet. A car sales outlet would prioritize visibility and access over proximity to customers like a jewelry shop. The break-even point shows how many units a company needs to sell to cover its fixed costs, and helps a company understand if expansion could be profitable. For Cairo Tyre, labor is a variable cost that changes with output, while the break-even point is 10,000 tyres based on the information provided about annual fixed costs and per unit variable and selling prices.
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The document provides cost and revenue data for a shoe store called Shop 48 and assigns a basic CVP analysis as homework. It lists the selling price, variable costs, and fixed costs for Shop 48 and asks students to calculate the break-even point, create a CVP graph, and determine the profit or loss under different scenarios involving changes to commissions and salaries. The analysis is intended to be typical of the company's many shoe store outlets.
Finance management assignmenet help
If you want to get customized help regarding any assignment from our experts, Please contact us @ www.assignmentconsultancy.com or mail us to support@assignmentconsultancy.com
WE provide services for all the assignments such as
Portfolio Management Assignment, Valuation Analysis, DCF Valuation, Discounted Cash Flow, Time value of money, capital formation, equity valuation, dividend discount model, cash flow analysis, valuation of the firm through free cash flow, bond valuation, techniques of project evaluation, like net present value and internal rate of return, Short rate model, Financial capital, Financial modeling, Financial Analysis, Financial Accounting, financial forecasting, understanding of company and its future.
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Download these notes and other resources at https://WeAreQurious.com/Economics
Teaching, learning and revision notes for Profit Maximisation in A-Level Economics and IB Economics for all exam boards (Edexcel, AQA, OCR, Eduqas, WJEC).
Producer equilibrium
Producer equilibrium is reached when a firm produces at the lowest possible cost, by combining inputs at the point where the isoquant curve is tangent to the isocost line. This occurs when the marginal rate of technical substitution is equal to the ratio of input prices. It represents the maximum level of output and profit. Producer equilibrium can be analyzed graphically using isoquant and isocost curves, where the point of tangency indicates the combination of inputs that minimizes cost at a given output.
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The document summarizes key concepts relating to firms operating in competitive markets including:
- The four basic market types are perfect competition, monopolistic competition, oligopoly, and monopoly.
- For a competitive firm, marginal revenue equals price since each additional unit sold does not impact the market price.
- A competitive firm will produce the quantity where marginal revenue equals marginal cost to maximize profits.
- In the short-run, a competitive firm will shut down if price falls below average variable cost. In the long-run, the firm will exit the market if price falls below average total cost.
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Costs and budgets need to be controlled for businesses to be profitable. There are two types of costs: fixed costs that do not change with production like rent, and variable costs that change with production like materials. It is important to calculate the breakeven point to determine how many units must be sold to cover total costs. Estimating costs and the breakeven point allows businesses to forecast profits and losses and make decisions to control costs and increase sales. Budgeting is also important to control cash flow, invest in opportunities, and focus resources on improving profits.
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Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
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