Costing Assignment
Phase 2 Assignment Brief
Individual Task - Costing Assignment - Fairview Manor
An activity on apportionment of costs and breakeven analysis.
Learning Objectives
At the end of this activity you should be able to:-
Apportion fixed costs to several products
Use breakeven analysis to help to determine the effects of different prices
Outline
For this activity you will be working in your groups during the Pod session in week 3. There is an individual task which must be completed and submitted by the beginning of the second Pod session in week 4.
Attached are documents giving the background financial information regarding Fairview Manor and the task that you have to complete.
You are required to produce an individual report, on your own, outside the Pod session and submit it via the Assignment Submissions by the beginning of the second Pod session in week 4.
Assessment
This assignment is an individual piece of work and accounts for 10% of your Phase 2 marks.
Good pieces of work will show most or all the following characteristics:
• Accurate apportionment of fixed costs and calculation of variable costs • Accurate calculation of Break Even Points and Maximum Profits • Effective use of MS EXCEL • Clear, accurately labelled charts • Well argued, sensible suggestions for weekly rental prices and final pricing structure.
Submission
Submit your work on your cohort BREO site before the second pod session of Phase 2, Week 4. If you have a morning pod submit before 8.45 am and if you have an afternoon pod submit before 11:45 am.
Costing Activity
Universal Marketing PLC, an international timeshare marketing company, are the developers of a new Timeshare and Leisure complex, Fairview Manor, located in the West Country. The Company needs to decide upon a fair price per apartment/week for the holiday apartments which they are about to offer for sale. Katrina Petrova, the Marketing
Individual Task - Costing Assignment - Fairview Manor
An activity on apportionment of costs and breakeven analysis.
Learning Objectives
At the end of this activity you should be able to:-
Apportion fixed costs to several products
Use breakeven analysis to help to determine the effects of different prices
Outline
For this activity you will be working in your groups during the Pod session in week 3. There is an individual task which must be completed and submitted by the beginning of the second Pod session in week 4.
Attached are documents giving the background financial information regarding Fairview Manor and the task that you have to complete.
You are required to produce an individual report, on your own, outside the Pod session and submit it via the Assignment Submissions by the beginning of the second Pod session in week 4.
Assessment
This assignment is an individual piece of work and accounts for 10% of your Phase 2 marks.
Good pieces of work will show most or all the following characteristics:
• Accurate apportionment of fixed costs and calculation of variable costs • Accurate calculation of Break Even Points and Maximum Profits • Effective use of MS EXCEL • Clear, accurately labelled charts • Well argued, sensible suggestions for weekly rental prices and final pricing structure.
Submission
Submit your work on your cohort BREO site before the second pod session of Phase 2, Week 4. If you have a morning pod submit before 8.45 am and if you have an afternoon pod submit before 11:45 am.
Costing Activity
Universal Marketing PLC, an international timeshare marketing company, are the developers of a new Timeshare and Leisure complex, Fairview Manor, located in the West Country. The Company needs to decide upon a fair price per apartment/week for the holiday apartments which they are about to offer for sale. Katrina Petrova, the Marketing