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Running head: SAMPLE Unit 2 Higher Education Assignment
Template
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SAMPLE Unit 5 Assignment Template
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SAMPLE Unit 5 Speech Assignment
Student Name
Unit 5 Assignment instructions
Women’s Perspectives Speech
Topic: The first wave of feminism would not only correspond
with the latter decades of the suffrage movement, but also with
discussions of women’s economic independence and efforts to
break free of societal constraints. For this Unit 5 Assignment,
you will put yourself in the shoes of a woman from the first two
decades of the 20th Century, and write a speech addressing why
society should consider women’s perspectives. Women such as
Alice Paul, Edna Kenton, Inez Milholland, Bessie Beatty, and
others were ardent supporters of equality - whether via voting
rights, sexual freedom, or joining the military.
Consider the perspectives of the women described in the Unit 5
Reading and use those perspectives as a basis for your speech.
You will write a speech regarding the need for society’s
acceptance of women as equal members of society in the first
two to three decades of the 20th Century.
Content:
· Take a stance on a particular issue related to the first two
decades of the 20th Century. The following are examples of
possible events/issues related to the early 20th Century: Labor
reform, voting rights, birth control, pacifism, marriage rights,
or women in the military. Feel free to select an issue from this
list or another from the Unit 5 Reading.
· Write a 500-word speech explaining why early 20th Century
society should consider women’s accomplishments and
perspectives related to the selected issue.
· Get in character! Be sure to emphasize the first two decades of
the 20th Century, and in your speech, connect events from these
two decades. The speech should be written as if you were living
during the first two to three decades of the 20th Century, and
not from your perspective as a 21st Century citizen.
Speech Format:
Since this is a speech assignment, include the date of the
speech. For example, if you, as Victoria, a colleague of Alice
Paul’s in the suffrage movement, is speaking on voting rights as
part of a rally in New York City in January 1919, identify the
date of the speech at some point in your speech.
The body of your speech should clearly identify the issue which
interests you, as a woman living in the first two decades of the
20th century, and should reflect women’s increasing
involvement in the public sphere. Be sure to indicate your
perspective / stance on the issue you have selected.
Summarize your speech with a brief conclusion; thank your
audience for attending.
Word Count:
The Assignment should be at least 500 words, and should
employ connections to the Unit 5 Reading material. You should
follow the Unit 5 Assignment template in Course Documents.
APA formatting:
Connections to the Unit 5 Reading material are required for this
Assignment. Be sure to include APA parenthetical citations and
references; formatting for citations and reference entries should
follow the APA 6th edition style guide, available under Content
/ Academic Tools via the APA Style Central link.
Assignment Tips:
Remember to include APA formatting (citations and references).
NOTE: Be sure to write as if you were living during the first
two to three decades of the 20th century, and not from your
perspective as a 21st century citizen.
Your Unit 5 speech should address the following:
1. Take a stance on an issue related to society’s acceptance of
women as equals during the first two decades of the 20th
century.
2. What are your thoughts on this selected issue? Why should
society consider women as equals?
3. Who were some of the key female leaders from the first two
decades of the 20th century? Why do you admire them?
Paragraphs: Use paragraphs as part of your speech, including
an introductory paragraph; supporting paragraphs; and a
conclusion
Word Count: This assignment should include at least 500
words.
Citations and References: The unit 5 assignment requires the
incorporation of terminology and ideas from the Unit 5 reading
material. As such, you must include citations in the unit 5
assignment and at least 1 reference entry on the References
page of your assignment.
Checklist:
□ Did I include paragraphs? (an introductory paragraph with a
thesis statement, supporting paragraphs, and a conclusion)
□ Did I include 500 words? This speech should be 500 words.
The word count does not include the title page and the
references page.
□ Did I include parenthetical citations? This assignment
requires that you include connections to the course text through
citations and references. Follow the APA style of writing when
formatting the speech, the citations, and the references included
on the references page. Review the APA quick reference guide
on the left-hand sidebar under course home for APA formatting
guidelines.
□ Did I include a References page? This speech requires you to
reference your textbook as your main source. If you opt to use
other credible sources that support your main points of
discussion, these must be included in the references section
(and cited in the assignment).
SAMPLE References
Dubois, E. C. & Dumenil, L. (2019). Through Women's Eyes:
An American History with Documents (Fifth edition). Boston:
Bedford / St. Martins.
Case Study 1: Ollivander’s (19 marks)
Ollivander needs your help interpreting these variances! Can
you help Ollivander?
1. For the year ended March 2020, compute the variance,
indicating whether each is favourable (F) or unfavourable (U).
(9 marks)
a. Variable manufacturing overhead efficiency variance
b. Total manufacturing overhead rate variance
c. Production volume variance
2. Select any two of the variances calculated and prepare an
explanation (or possible explanation) that you would present to
the management team. (4 marks)
Suggestion: select two of the more significant variances OR
select two that are related to each other,
3. Prepare the journal entry(ies) to record your variances and
write them off at the end of the year. Assume the variance
accounts are written off to Cost of Goods Sold. Show your
work. (5 marks)
4. Before making any adjustments for variances, (ie. The
journal entry you wrote in part 3) will net income for the year
be over-stated, or under-stated? (1 mark)
Case Study 2: Gringott’s (15 marks)
1. Draw a diagram to depict this process. Be sure to label all the
relevant product categories, key points in the process, and
related costs for each stage and output. Show your work. (5
marks)
*you may draw and scan a photo of a diagram and paste it in
your excel tab for this question*
2. With respect to Gornok’s suggestion:
a. List and explain the costs that are relevant to Bogrod’s
decision. If a cost is not relevant, explain why using simple
terminology that Bogrod will understand. Remember, he has
never taken a cost accounting course (or any course for that
matter). (4 marks)
b. Should Bogrod bring Galleon production in house? Support
your answer with a balanced analysis of both quantitative and
qualitative factors. (6 marks)
(
Management Accounting, I FINAL EXAM QUESTIONS
)
(
1
)
Case Study 3: Hogwart’s Houses (18 marks)
1. HH is happy with the profitability of its Construction
division but is concerned that the other two divisions are
struggling. PH is considering discontinuing one or both of these
divisions. Advise HH as to whether it should discontinue one
of, both, or neither of its divisions (4 marks)
2. Now consider for 2020 that there are other competitors in the
pre-engineered home business. Prefabrication can sell,
Transportation can buy and sell, and Construction can buy from
external parties and all divisions are operating at capacity.
Market prices for 1 prefabricated housing unit, pre and post
shipping, are $60,000 and $90,000, respectively. Further assume
that at these prices, the optimal capacity remains at 200 units
per division. Calculate operating income for each division using
market prices as the transfer prices – does your answer to part a
change at all given these results? (8 marks)
3. Still considering that the market prices from part b exist,
what would happen if HH allowed the divisions to negotiate
their own transfer prices? Qualitatively discuss whether or not
there would be changes to the transfer price or quantity
exchanged. (6 marks)
Case 4: Bethilda’s Brooms (18 marks)
1. Calculate the expected customer-level operating income for
the six customers. Use the number of written orders at $30 each
to calculate expected order costs. (6 marks)
2. Recalculate the customer-level operating income using the
number of written orders but at their actual $12 cost per order
instead of $30 (except for Brooms ‘R Us, whose actual cost is
$30 per order). What will Bethilda’s assessment of customer-
level (and salespeople) performance be for this period? (ie. Did
they perform better or worse than expected?)
(6 marks)
3. Recalculate the customer-level operating income if
salespeople had not broken up actual orders into multiple
smaller orders. Don’t forget to also adjust sales commissions. (3
marks)
4. How is the behaviour of the salespeople affecting the profit
of Belinda’s Brooms? Is their behaviour ethical? What can
Bethilda do to change their behaviour? (3 marks)
*hint* this question requires you to take the same information
making only minor adjustments. Read the full question first,
then plan for your response
Case Study 1: Ollivander’s
Ollivander manufactures premium Magic Wands. The following
are some manufacturing overhead data for Magic Wands for the
year ended March 31, 2020.
Management Accounting, I FINAL EXAM CASES
1
Manufacturing Overhead
Actual Results
Flexible Budget
Allocated Amount
Variable $60,560 $76,800 $76,800 Fixed
$350,210 $348,096 $375,897
Budgeted number of wands (output): 892 Planned allocation
rate: 3 machine-hours per wand Actual number of machine-
hours used: 1,445 hours
Static-budget variable manufacturing overhead costs: $71,120
Ollivander looks at this information and needs some help with
interpretation. When comparing actual results to the flexible
budget it looks like he performed well on variable overhead but
poorly on fixed overhead; yet, comparing to the allocated
amount tells a different story. Ollivander needs your help
interpreting these variances! Can you help Ollivander?
Case Study 2: Gringott’s
The Gringott’s Mine extracts gold in central London. Each
tonne mined is 40% Grade F (fine) gold, 40% Grade VG (very
good) gold, and 20% gold alloy (not so great, but still shiny and
good for making things a gold colour). Output usually sells
within two months. In January, Gringott’s mined 1,000 tonnes
of gold. It spent £10,000 on the mining process. Grade F gold
sells for £1000 per tonne. Grade VG gold sells for £60 per
tonne. Gringott’s gets one-quarter of a vat of gold alloy from
each tonne of gold processed. The gold alloy sells for £60 per
vat.
Bogrod, the head goblin at Gringott’s bank has been approached
by one of his workers, Gornok, with a proposal to further
process Grade VG gold into Galleons on-site. Gornok insists
this is a good idea since idle goblin-hours (labour-hours) are
available. The process would cost £6000 with no loss in volume.
One tonne of Grade VG gold makes 108,000 Galleons.
Currently, Gringott’s sells gold to the Muggle Mint for
processing into Galleons (currency; think about a mine selling
money to a bank; they are outsourcing processing of gold into
coins). The Muggle Mint sells Galleons back to Gringott’s for a
price of £5.50 per100 Galleons (ie. Gringott’s is buying back
the finished product from the Mint. With Gornok’s suggestion
they would be able to by-pass this and complete the entire
process on their own).
Case Study 3: Hogwart’s Houses
Hogwarts’ Houses (HH) is a residential home builder that does
things a little differently than the competition. HH builds homes
to completion in a factory rather than outdoors and on site. HH
has three divisions, prefabrication, transportation, and
construction.
The Prefabrication division builds whole sections of floors,
walls and roof trusses that are shipped to the Construction
division, who uses these sections to build the shell of the house
before adding all other interior and exterior components (e.g.
insulation, wiring, outer walls, doors, etc.). The Prefabrication
division “sells” its sections to the Transportation division who
ships and “sells” the sections to Construction. Construction then
sells finished products to the public.
At present, HH is the only home builder that makes pre-
engineered homes and as such has been using its own internal
transfer prices, which were set by head office. Please see
Appendix I for the past two year’s summary segmented income
statements.
December 31, 2019
Prefabrication
Transportation
Construction
Revenue1
$10,000,000
$15,000,000
$60,000,000
Cost of Goods Sold2
8,000,000
14,000,000
42,000,000
Gross Profit
2,000,000
1,000,000
18,000,000
Operating Costs3
2,500,000
400,000
9,000,000
Operating Income (Loss)
(500,000)
600,000
9,000,000
December 31, 2018
Revenue4
11,000,000
15,000,000
58,000,000
Cost of Goods Sold2
8,000,000
15,000,000
39,000,000
Gross Profit
3,000,000
NIL
19,000,000
Operating Costs3
2,500,000
400,000
9,000,000
Operating Income (Loss)
500,000
(400,000)
10,000,000
1For 2019, revenue for the Prefabrication and Transportations
divisions are $50,000/unit and
$75,000/unit, respectively. Finished houses are sold to the
public at an average price of $300,000/unit.
2Cost of goods sold contains any and all variable costs,
including transfer prices for the Transportation and
Construction divisions.
3Operating costs are all fixed costs that can be traced to each
respective division.
4For 2018, revenue for the Prefabrication and Transportations
divisions are $55,000/unit and
$75,000/unit, respectively. Finished houses are sold to the
public at an average price of $300,000/unit.
Management Accounting, I FINAL EXAM CASES
Case 4: Bethilda’s Brooms
Bethilda’s Brooms manufactures brooms which it sells to
merchandising firms such as Quality Quidditch Supplies (QQS),
Brooms ‘R Us (BRU), Broom-Mart (BM), Broom City (BC),
Best Brooms (BB), and Clean Sweep (CS).
The list price of a broom is $48, and the full manufacturing
costs are $28.
Salespeople receive a commission on sales; the commission of
$30 per order is based on number of orders taken and paid in
addition to regular salary. Bethilda’s Brooms makes products
based on anticipated demand; however, Bethilda carries an
inventory of brooms, so rush orders do not result in any extra
manufacturing costs over and above the $28 per broom.
Bethilda’s Brooms ships finished product to the customer at no
additional charge to the customer for either regular or expedited
delivery. Bethilda incurs significantly higher costs for
expedited deliveries than for regular deliveries. Expected and
actual customer-level cost driver rates are provided.
Activity Cost Driver Rate
Order taking (excluding sales commission) $30 per order
Product handling $1.90 per unit
Delivery $2 per km driven
Expedited (rush) delivery $320 per shipment
Information about Bethilda's clients during 2019 is as follows:
QQS
BRU
BM
BC
BB
CS
Total number of units purchased
270
580
400
140
460
1,500
Number of actual orders
3
17
3
3
6
15
Number of written orders
per actual order
3
2 *
4
3
6
3
Total number of km driven
to deliver all products
80
134
72
46
316
120
Number of expedited deliveries
0
6
0
0
4
3
*Because BRU places 17 separate orders, its order costs are $30
per order. All other orders are multiple smaller orders and so
have actual order costs of $12 each.
Because salespeople are paid $30 per order, they break up large
orders into multiple smaller orders. This practice reduces the
actual order-taking cost by $18 per smaller order (from $30 per
order to $12 per order) because the smaller orders are all
written at the same time. This lower cost rate is not included in
budgeted rates because salespeople create smaller orders
without telling management or the accounting department. Also,
salespeople offer customers discounts to entice them to place
more orders; Brooms ‘R Us and Broom-Mart each receive a 10%
discount off the list price of $48.
Women’s Perspectives Speech
Topic: The first wave of feminism would not only correspond
with the latter decades of the suffrage movement, but also with
discussions of women’s economic independence and efforts to
break free of societal constraints. For this Unit 5 Assignment,
you will put yourself in the shoes of a woman from the first two
decades of the 20th Century, and write a speech addressing why
society should consider women’s perspectives. Women such as
Alice Paul, Edna Kenton, Inez Milholland, Bessie Beatty, and
others were ardent supporters of equality, whether via voting
rights, sexual freedom, or joining the military.
Consider the perspectives of the women described in the Unit 5
Reading and use those perspectives as a basis for your speech.
You will write a speech regarding the need for society’s
acceptance of women as equal members of society in the first
two to three decades of the 20th Century.
Content:
· Take a stance on a particular issue related to the first two
decades of the 20th Century. The following are examples of
possible events/issues related to the early 20th Century: Labor
reform, voting rights, birth control, pacifism, marriage rights,
or women in the military. Feel free to select an issue from this
list or another from the Unit 5 Reading.
· Write a 500-word speech explaining why early 20th Century
society should consider women’s accomplishments and
perspectives related to the selected issue.
· Get in character! Be sure to emphasize the first two decades of
the 20th Century, and in your speech, connect events from these
two decades. The speech should be written as if you were living
during the first two to three decades of the 20th Century, and
not from your perspective as a 21st Century citizen.
Speech Format:
Since this is a speech assignment, include the date of the
speech. For example, if you, as Victoria, a colleague of Alice
Paul’s in the suffrage movement, is speaking on voting rights as
part of a rally in New York City in January 1919, identify the
date of the speech at some point in your speech.
The body of your speech should clearly identify the issue which
interests you, as a woman living in the first two decades of the
20th Century and should reflect women’s increasing
involvement in the public sphere. Be sure to indicate your
perspective/stance on the issue you have selected.
Summarize your speech with a brief conclusion; thank your
audience for attending.
Word Count:
The Assignment should be at least 500 words and should
employ connections to the Unit 5 Reading material. You should
follow the Unit 5 Assignment template in Course Documents.
APA formatting:
Connections to the Unit 5 Reading material are required for this
Assignment. Be sure to include APA parenthetical citations and
references; formatting for citations and reference entries should
follow the APA 6th edition style guide, which is available under
Content / Academic Tools via the Academic Writer link.
Readings
Unit 5: Seeking the Right to Vote: The Suffrage Movement and
Feminism
Read Chapters 5, 6, 8, and 9** in Through Women’s Eyes
Dubois, E.C. & Dumenil, L. (2019). Through women’s eyes (5th
ed.). Boston, MA: Bedford/St. Martin’s.
**Chapter 5: Read pp. 243 – 247.
**Chapter 6: Read pp. 292 – 303 and pp. 313 - 322. **Chapter
8: Read entire chapter.
**Chapter 9: Read pp. 482 – 495.

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Running head SAMPLE Unit 2 Higher Education Assignment Template.docx

  • 1. Running head: SAMPLE Unit 2 Higher Education Assignment Template 1 SAMPLE Unit 5 Assignment Template 1 SAMPLE Unit 5 Speech Assignment Student Name Unit 5 Assignment instructions Women’s Perspectives Speech Topic: The first wave of feminism would not only correspond with the latter decades of the suffrage movement, but also with discussions of women’s economic independence and efforts to break free of societal constraints. For this Unit 5 Assignment, you will put yourself in the shoes of a woman from the first two decades of the 20th Century, and write a speech addressing why society should consider women’s perspectives. Women such as Alice Paul, Edna Kenton, Inez Milholland, Bessie Beatty, and others were ardent supporters of equality - whether via voting
  • 2. rights, sexual freedom, or joining the military. Consider the perspectives of the women described in the Unit 5 Reading and use those perspectives as a basis for your speech. You will write a speech regarding the need for society’s acceptance of women as equal members of society in the first two to three decades of the 20th Century. Content: · Take a stance on a particular issue related to the first two decades of the 20th Century. The following are examples of possible events/issues related to the early 20th Century: Labor reform, voting rights, birth control, pacifism, marriage rights, or women in the military. Feel free to select an issue from this list or another from the Unit 5 Reading. · Write a 500-word speech explaining why early 20th Century society should consider women’s accomplishments and perspectives related to the selected issue. · Get in character! Be sure to emphasize the first two decades of the 20th Century, and in your speech, connect events from these two decades. The speech should be written as if you were living during the first two to three decades of the 20th Century, and not from your perspective as a 21st Century citizen. Speech Format: Since this is a speech assignment, include the date of the speech. For example, if you, as Victoria, a colleague of Alice Paul’s in the suffrage movement, is speaking on voting rights as part of a rally in New York City in January 1919, identify the date of the speech at some point in your speech. The body of your speech should clearly identify the issue which interests you, as a woman living in the first two decades of the 20th century, and should reflect women’s increasing involvement in the public sphere. Be sure to indicate your
  • 3. perspective / stance on the issue you have selected. Summarize your speech with a brief conclusion; thank your audience for attending. Word Count: The Assignment should be at least 500 words, and should employ connections to the Unit 5 Reading material. You should follow the Unit 5 Assignment template in Course Documents. APA formatting: Connections to the Unit 5 Reading material are required for this Assignment. Be sure to include APA parenthetical citations and references; formatting for citations and reference entries should follow the APA 6th edition style guide, available under Content / Academic Tools via the APA Style Central link. Assignment Tips: Remember to include APA formatting (citations and references). NOTE: Be sure to write as if you were living during the first two to three decades of the 20th century, and not from your perspective as a 21st century citizen. Your Unit 5 speech should address the following: 1. Take a stance on an issue related to society’s acceptance of women as equals during the first two decades of the 20th century. 2. What are your thoughts on this selected issue? Why should society consider women as equals?
  • 4. 3. Who were some of the key female leaders from the first two decades of the 20th century? Why do you admire them? Paragraphs: Use paragraphs as part of your speech, including an introductory paragraph; supporting paragraphs; and a conclusion Word Count: This assignment should include at least 500 words. Citations and References: The unit 5 assignment requires the incorporation of terminology and ideas from the Unit 5 reading material. As such, you must include citations in the unit 5 assignment and at least 1 reference entry on the References page of your assignment. Checklist: □ Did I include paragraphs? (an introductory paragraph with a thesis statement, supporting paragraphs, and a conclusion) □ Did I include 500 words? This speech should be 500 words. The word count does not include the title page and the references page. □ Did I include parenthetical citations? This assignment requires that you include connections to the course text through citations and references. Follow the APA style of writing when formatting the speech, the citations, and the references included on the references page. Review the APA quick reference guide on the left-hand sidebar under course home for APA formatting guidelines.
  • 5. □ Did I include a References page? This speech requires you to reference your textbook as your main source. If you opt to use other credible sources that support your main points of discussion, these must be included in the references section (and cited in the assignment). SAMPLE References Dubois, E. C. & Dumenil, L. (2019). Through Women's Eyes: An American History with Documents (Fifth edition). Boston: Bedford / St. Martins. Case Study 1: Ollivander’s (19 marks) Ollivander needs your help interpreting these variances! Can you help Ollivander? 1. For the year ended March 2020, compute the variance,
  • 6. indicating whether each is favourable (F) or unfavourable (U). (9 marks) a. Variable manufacturing overhead efficiency variance b. Total manufacturing overhead rate variance c. Production volume variance 2. Select any two of the variances calculated and prepare an explanation (or possible explanation) that you would present to the management team. (4 marks) Suggestion: select two of the more significant variances OR select two that are related to each other, 3. Prepare the journal entry(ies) to record your variances and write them off at the end of the year. Assume the variance accounts are written off to Cost of Goods Sold. Show your work. (5 marks) 4. Before making any adjustments for variances, (ie. The journal entry you wrote in part 3) will net income for the year be over-stated, or under-stated? (1 mark) Case Study 2: Gringott’s (15 marks) 1. Draw a diagram to depict this process. Be sure to label all the relevant product categories, key points in the process, and related costs for each stage and output. Show your work. (5 marks) *you may draw and scan a photo of a diagram and paste it in your excel tab for this question* 2. With respect to Gornok’s suggestion: a. List and explain the costs that are relevant to Bogrod’s decision. If a cost is not relevant, explain why using simple terminology that Bogrod will understand. Remember, he has never taken a cost accounting course (or any course for that matter). (4 marks) b. Should Bogrod bring Galleon production in house? Support your answer with a balanced analysis of both quantitative and qualitative factors. (6 marks) (
  • 7. Management Accounting, I FINAL EXAM QUESTIONS ) ( 1 ) Case Study 3: Hogwart’s Houses (18 marks) 1. HH is happy with the profitability of its Construction division but is concerned that the other two divisions are struggling. PH is considering discontinuing one or both of these divisions. Advise HH as to whether it should discontinue one of, both, or neither of its divisions (4 marks) 2. Now consider for 2020 that there are other competitors in the pre-engineered home business. Prefabrication can sell, Transportation can buy and sell, and Construction can buy from external parties and all divisions are operating at capacity. Market prices for 1 prefabricated housing unit, pre and post shipping, are $60,000 and $90,000, respectively. Further assume that at these prices, the optimal capacity remains at 200 units per division. Calculate operating income for each division using market prices as the transfer prices – does your answer to part a change at all given these results? (8 marks) 3. Still considering that the market prices from part b exist, what would happen if HH allowed the divisions to negotiate their own transfer prices? Qualitatively discuss whether or not there would be changes to the transfer price or quantity exchanged. (6 marks) Case 4: Bethilda’s Brooms (18 marks) 1. Calculate the expected customer-level operating income for the six customers. Use the number of written orders at $30 each to calculate expected order costs. (6 marks)
  • 8. 2. Recalculate the customer-level operating income using the number of written orders but at their actual $12 cost per order instead of $30 (except for Brooms ‘R Us, whose actual cost is $30 per order). What will Bethilda’s assessment of customer- level (and salespeople) performance be for this period? (ie. Did they perform better or worse than expected?) (6 marks) 3. Recalculate the customer-level operating income if salespeople had not broken up actual orders into multiple smaller orders. Don’t forget to also adjust sales commissions. (3 marks) 4. How is the behaviour of the salespeople affecting the profit of Belinda’s Brooms? Is their behaviour ethical? What can Bethilda do to change their behaviour? (3 marks) *hint* this question requires you to take the same information making only minor adjustments. Read the full question first, then plan for your response Case Study 1: Ollivander’s Ollivander manufactures premium Magic Wands. The following are some manufacturing overhead data for Magic Wands for the year ended March 31, 2020. Management Accounting, I FINAL EXAM CASES
  • 9. 1 Manufacturing Overhead Actual Results Flexible Budget Allocated Amount Variable $60,560 $76,800 $76,800 Fixed $350,210 $348,096 $375,897 Budgeted number of wands (output): 892 Planned allocation rate: 3 machine-hours per wand Actual number of machine- hours used: 1,445 hours Static-budget variable manufacturing overhead costs: $71,120 Ollivander looks at this information and needs some help with interpretation. When comparing actual results to the flexible budget it looks like he performed well on variable overhead but poorly on fixed overhead; yet, comparing to the allocated amount tells a different story. Ollivander needs your help interpreting these variances! Can you help Ollivander? Case Study 2: Gringott’s The Gringott’s Mine extracts gold in central London. Each
  • 10. tonne mined is 40% Grade F (fine) gold, 40% Grade VG (very good) gold, and 20% gold alloy (not so great, but still shiny and good for making things a gold colour). Output usually sells within two months. In January, Gringott’s mined 1,000 tonnes of gold. It spent £10,000 on the mining process. Grade F gold sells for £1000 per tonne. Grade VG gold sells for £60 per tonne. Gringott’s gets one-quarter of a vat of gold alloy from each tonne of gold processed. The gold alloy sells for £60 per vat. Bogrod, the head goblin at Gringott’s bank has been approached by one of his workers, Gornok, with a proposal to further process Grade VG gold into Galleons on-site. Gornok insists this is a good idea since idle goblin-hours (labour-hours) are available. The process would cost £6000 with no loss in volume. One tonne of Grade VG gold makes 108,000 Galleons. Currently, Gringott’s sells gold to the Muggle Mint for processing into Galleons (currency; think about a mine selling money to a bank; they are outsourcing processing of gold into coins). The Muggle Mint sells Galleons back to Gringott’s for a price of £5.50 per100 Galleons (ie. Gringott’s is buying back the finished product from the Mint. With Gornok’s suggestion they would be able to by-pass this and complete the entire process on their own). Case Study 3: Hogwart’s Houses Hogwarts’ Houses (HH) is a residential home builder that does things a little differently than the competition. HH builds homes to completion in a factory rather than outdoors and on site. HH has three divisions, prefabrication, transportation, and construction. The Prefabrication division builds whole sections of floors, walls and roof trusses that are shipped to the Construction division, who uses these sections to build the shell of the house
  • 11. before adding all other interior and exterior components (e.g. insulation, wiring, outer walls, doors, etc.). The Prefabrication division “sells” its sections to the Transportation division who ships and “sells” the sections to Construction. Construction then sells finished products to the public. At present, HH is the only home builder that makes pre- engineered homes and as such has been using its own internal transfer prices, which were set by head office. Please see Appendix I for the past two year’s summary segmented income statements. December 31, 2019 Prefabrication Transportation Construction Revenue1
  • 12. $10,000,000 $15,000,000 $60,000,000 Cost of Goods Sold2 8,000,000 14,000,000 42,000,000 Gross Profit 2,000,000 1,000,000 18,000,000 Operating Costs3 2,500,000 400,000
  • 14. 15,000,000 58,000,000 Cost of Goods Sold2 8,000,000 15,000,000 39,000,000 Gross Profit 3,000,000 NIL 19,000,000 Operating Costs3 2,500,000 400,000 9,000,000
  • 15. Operating Income (Loss) 500,000 (400,000) 10,000,000 1For 2019, revenue for the Prefabrication and Transportations divisions are $50,000/unit and $75,000/unit, respectively. Finished houses are sold to the public at an average price of $300,000/unit. 2Cost of goods sold contains any and all variable costs, including transfer prices for the Transportation and Construction divisions. 3Operating costs are all fixed costs that can be traced to each respective division. 4For 2018, revenue for the Prefabrication and Transportations divisions are $55,000/unit and $75,000/unit, respectively. Finished houses are sold to the public at an average price of $300,000/unit.
  • 16. Management Accounting, I FINAL EXAM CASES Case 4: Bethilda’s Brooms Bethilda’s Brooms manufactures brooms which it sells to merchandising firms such as Quality Quidditch Supplies (QQS), Brooms ‘R Us (BRU), Broom-Mart (BM), Broom City (BC), Best Brooms (BB), and Clean Sweep (CS). The list price of a broom is $48, and the full manufacturing costs are $28. Salespeople receive a commission on sales; the commission of $30 per order is based on number of orders taken and paid in addition to regular salary. Bethilda’s Brooms makes products based on anticipated demand; however, Bethilda carries an
  • 17. inventory of brooms, so rush orders do not result in any extra manufacturing costs over and above the $28 per broom. Bethilda’s Brooms ships finished product to the customer at no additional charge to the customer for either regular or expedited delivery. Bethilda incurs significantly higher costs for expedited deliveries than for regular deliveries. Expected and actual customer-level cost driver rates are provided. Activity Cost Driver Rate Order taking (excluding sales commission) $30 per order Product handling $1.90 per unit Delivery $2 per km driven Expedited (rush) delivery $320 per shipment Information about Bethilda's clients during 2019 is as follows: QQS BRU BM BC BB CS Total number of units purchased 270 580 400 140 460 1,500 Number of actual orders 3 17 3 3
  • 18. 6 15 Number of written orders per actual order 3 2 * 4 3 6 3 Total number of km driven to deliver all products 80 134 72 46 316 120 Number of expedited deliveries 0 6 0 0 4
  • 19. 3 *Because BRU places 17 separate orders, its order costs are $30 per order. All other orders are multiple smaller orders and so have actual order costs of $12 each. Because salespeople are paid $30 per order, they break up large orders into multiple smaller orders. This practice reduces the actual order-taking cost by $18 per smaller order (from $30 per order to $12 per order) because the smaller orders are all written at the same time. This lower cost rate is not included in budgeted rates because salespeople create smaller orders without telling management or the accounting department. Also, salespeople offer customers discounts to entice them to place more orders; Brooms ‘R Us and Broom-Mart each receive a 10% discount off the list price of $48. Women’s Perspectives Speech Topic: The first wave of feminism would not only correspond with the latter decades of the suffrage movement, but also with discussions of women’s economic independence and efforts to break free of societal constraints. For this Unit 5 Assignment, you will put yourself in the shoes of a woman from the first two decades of the 20th Century, and write a speech addressing why society should consider women’s perspectives. Women such as Alice Paul, Edna Kenton, Inez Milholland, Bessie Beatty, and others were ardent supporters of equality, whether via voting rights, sexual freedom, or joining the military. Consider the perspectives of the women described in the Unit 5 Reading and use those perspectives as a basis for your speech. You will write a speech regarding the need for society’s acceptance of women as equal members of society in the first two to three decades of the 20th Century. Content: · Take a stance on a particular issue related to the first two decades of the 20th Century. The following are examples of possible events/issues related to the early 20th Century: Labor
  • 20. reform, voting rights, birth control, pacifism, marriage rights, or women in the military. Feel free to select an issue from this list or another from the Unit 5 Reading. · Write a 500-word speech explaining why early 20th Century society should consider women’s accomplishments and perspectives related to the selected issue. · Get in character! Be sure to emphasize the first two decades of the 20th Century, and in your speech, connect events from these two decades. The speech should be written as if you were living during the first two to three decades of the 20th Century, and not from your perspective as a 21st Century citizen. Speech Format: Since this is a speech assignment, include the date of the speech. For example, if you, as Victoria, a colleague of Alice Paul’s in the suffrage movement, is speaking on voting rights as part of a rally in New York City in January 1919, identify the date of the speech at some point in your speech. The body of your speech should clearly identify the issue which interests you, as a woman living in the first two decades of the 20th Century and should reflect women’s increasing involvement in the public sphere. Be sure to indicate your perspective/stance on the issue you have selected. Summarize your speech with a brief conclusion; thank your audience for attending. Word Count: The Assignment should be at least 500 words and should employ connections to the Unit 5 Reading material. You should follow the Unit 5 Assignment template in Course Documents. APA formatting: Connections to the Unit 5 Reading material are required for this Assignment. Be sure to include APA parenthetical citations and references; formatting for citations and reference entries should follow the APA 6th edition style guide, which is available under Content / Academic Tools via the Academic Writer link.
  • 21. Readings Unit 5: Seeking the Right to Vote: The Suffrage Movement and Feminism Read Chapters 5, 6, 8, and 9** in Through Women’s Eyes Dubois, E.C. & Dumenil, L. (2019). Through women’s eyes (5th ed.). Boston, MA: Bedford/St. Martin’s. **Chapter 5: Read pp. 243 – 247. **Chapter 6: Read pp. 292 – 303 and pp. 313 - 322. **Chapter 8: Read entire chapter. **Chapter 9: Read pp. 482 – 495.