Preview

Introduction to Management Accounting

Satisfactory Essays
Open Document
Open Document
2749 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Introduction to Management Accounting
EMBADJ 2014
INTRODUCTION TO MANAGEMENT ACCOUNTING

Individual Assignment*

Name: Mahmoud Baban

| | | |
|Due date: 4 September 2013 |Points Available |Points Earned |
| | | |
|Problem 1: |20 | |
|Problem 2: |20 | |
|Problem 3: |20 | |
|Problem 4: |20 | |
|Problem 5: |20 | |
| | | |
|Total: |100 | |
| | | |

* Please type/paste your solutions to the problems on this document and return it in either Word or pdf (not Excel).

1) “PX” Company (Break-even Analysis: 20 points)

“PX” Company produces and sells one product. The Company manufactures its production in two plants. Last year’s sales were 95,980 units, 50,520 produced in Plant 1 and 45,460 produced in Plant 2. Operating profits were £

You May Also Find These Documents Helpful

  • Satisfactory Essays

    D) (Refer to original data.) Fuel cost is a significant variable cost to any railway. If crude oil increases by $ 20 per barrel, it is estimated that variable cost per passenger will rise to $ 90. What will be the new break-even point in passengers and in number of passenger train cars?…

    • 644 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Assume the net income used to calculate diluted EPS is $609,365, what is the number of weighted average shares outstanding – diluted (the denominator used in calculating diluted earnings per share) in 2008?…

    • 2076 Words
    • 9 Pages
    Good Essays
  • Best Essays

    Patterson, J. G. (1995). In Keppler K. (Ed.), Benchmarking basics: Looking for a better way.…

    • 1330 Words
    • 6 Pages
    Best Essays
  • Good Essays

    Management Accounting

    • 660 Words
    • 3 Pages

    Marston Corporation manufactures disposable thermometers that are sold to hospitals through a network of independent sales agents located in the United States and Canada. The sales agents sell a variety of products to hospitals in addition to Marston’s disposable thermometer. The sales agents are currently paid an 18% commission on sales, and this commission rate was used when Marston’s management prepared the following budgeted income statement for the upcoming year. Marston Corporation Budgeted Income Statement Sales Cost of goods sold: Variable Fixed Gross margin Selling and administrative expenses: Commissions Fixed advertising expenses Fixed administrative expenses Net operating income $30,000,000 $17,400,000 2,800,000…

    • 660 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    There are various ways that financial statement information is presented in this article on Nokia. The first way I see is in the Good News section on page 1 “the bulk of its revenues—more than quadrupled, from $2.1 billion in 1993 to $8.7 billion last year (1997),” and on say “the recent June quarter surging to $616 million, up 76% from the same quarter in 1997” this is an partial example of an horizontal analysis (Stone, 1998). A horizontal analysis also called a trend analysis, provides you with a way to compare your numbers from one period to the next, yet the article did not discuss the entire financial statement (Edmonds, Olds, Tsay, 2008). This particular section only discussed the profitability ratios.…

    • 717 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Managerial Accounting

    • 808 Words
    • 4 Pages

    1. The overhead allocation rate used in the 1987 model year strategy study at the Automotive Component & Fabrication Plant (ACF) was 435% of direct labor dollar cost. Calculated the overhead allocation rate using the 1987 model year budget. Calculate the overhead allocation rate for each of the model years 1988 through 1990. Are the changes since 1987 in overhead allocation rates significant? Why have these changes occurred?…

    • 808 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Excersise 1

    • 492 Words
    • 2 Pages

    TCO 1—Given a simple business problem, design and desk-check a solution that is expressed in terms of pseudocode, flowchart, and/or input-process-output (IPO) diagrams.…

    • 492 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    This Discussion will give you the opportunity to calculate or identify the three measures of central tendency. You will be asked to select an appropriate real life situation in which one measure would be more appropriate than the other two measures of center.…

    • 816 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    18 Year Olds Research Paper

    • 2580 Words
    • 11 Pages

    Eighteen-year olds throughout the United States are considered legal adults in almost every way, with one notable exception: the privilege of having an alcoholic beverage.…

    • 2580 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Com Prob 6

    • 854 Words
    • 7 Pages

    This problem covers various topics from Chapters 22, 23, 24, and 25. Students are asked…

    • 854 Words
    • 7 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The law firm of Smith, Jones, and Greene provides accounting service for some of its clients. The person who handles this service and her secretary cost the law firm an average of $80,000 per year in salary and benefits. Furthermore, the law firm incurs an additional charge of $50 per client for computer time, postage, and supplies. Clients are charged $300 a year for these accounting services.…

    • 2851 Words
    • 12 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Econ 312 Week 4 Assignment 2

    • 3362 Words
    • 14 Pages

    A consumer prefers market basket A to market basket B, and prefers market basket B to market basket C. Therefore, A is preferred to C. The assumption that leads to this conclusion is:…

    • 3362 Words
    • 14 Pages
    Satisfactory Essays
  • Powerful Essays

    Technical Help: If you require assistance with Moodle and/or Collaborate, please first contact Distance Learning: Monday-Friday, 8 a.m. – 4 p.m. (Atlantic time), (902) 457-6717;…

    • 2739 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    3 PS 2

    • 399 Words
    • 3 Pages

    Suppose the Fed decides to sell $14 billion in Treasury bonds. Assume that the reserve requirement is 8%, banks hold 4% in excess reserves, but the public holds no cash.…

    • 399 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    5. What are the principal differences between activity based costing (ABC) and traditional product costing?…

    • 712 Words
    • 3 Pages
    Good Essays