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Week 5 Online Assignments
Week 5 Online Assignments
E9-6, (a) (1)
SY TELC
Particulars
Make
Buy
Net income increase (decrease)
Direct Materials ($40/unit)
$800,000
-
$800,000
Direct Labour ($30/unit)
600,000
-
$600,000
Variable Overhead ($6/unit)
120,000
-
$120,000
Allocated Fixed Overhead ($25/unit)
500,000
200,000
$300,000
Purchase Price ($90 x 20,000 units)
-
1,800,000
($1,800,000)
Total cost
$2,020,000
2,000,000
$20,000
SY Telc should Buy since it generates an additional net income of $ 20,000.
E9-6, ...
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FINANCIAL REPORTING ASSIGNEMNET
Financial Reporting Assignment
Financial Reporting Assignment
Section A
Introduction of the Companies
In order to analyse the financial performance of the companies in the beverage industry, the following companies finances will be analysed; Coca Cola, Pepsi and Dr. Pepper. These companies have been chosen due to the high level of competition existing ...
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Accounting Analysis
Appraisal Report for Flats
Introduction
The formation of Appraisal report has huge importance when determining huge investment decisions especially in property investment. The purpose of this report is to highlight the risk, things that need to be revalue and most important monitory and non monitory benefits.
The focus of this ...
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Financial Accounting
STATEMENT OF COMPREHENSIVE INCOME &TAXES3
TAX CALCULATIONS7
COMPREHENSIVE STATEMENT OF FINANCIAL ANALYSIS12
COMPREHENSIVE STATEMENT OF RATIO ANALYSIS14
COMPREHENSIVE STATEMENT OF FINANCIAL POSITION20
References26
Managerial Finance
STATEMENT OF COMPREHENSIVE INCOME &TAXES
Q No # P2-1
Income before taxes
92,500
Part A
Tax calculation
Base tax + (Marginal rate × amount over Base bracket)
Base Tax
13,750
Marginal rate
34%
Base bracket amount
75,000
Amount over base bracket
17,500
Marginal tax amount
5,950
Total ...
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Evaluating Payroll System
Evaluating Payroll System
Question No # 1
Is the master data valid?
YesNo
Question No # 2
Do you trust the accuracy of the master data?
YesNo
Question No # 3
Is integrity of the data processing controls is high?
YesNo
Question No # 4
Is access to master data is restricted for employees of every hierarchical level ...
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ACCOUNTING
Cost and Management
Cost and Management
Answer 1
LOCAL AUTHORITY
(30 operating weeks per year)
Guests
Revenue for 30 weeks
Food cost
Electricity
Domestic expenses
Mini bus
Total VC
Staff expenses
Rent + Garden expenses
R-VC-S-R-G
(B-(H+I+J))
6
18,000 4,500 540 900 1,800 7,740 11,000 5,000 (5,740)
7
21,000 5,250 630 1,050 2,100 9,030 11,000 5,000 (4,030)
8
24,000 6,000 720 1,200 2,400 10,320 11,000 5,000 ...
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Profitability ratios of McDonalds Company
Profitability ratios of McDonalds Company
Introduction
Calculation of profitability ratios
Asset turnover ratio (2012) = Sales/Total assets
= 27567/35386.5
= 77.90 days
Asset turnover ratio (2011) = Sales/Total assets
= 27006/32989.9
= 81.86 days
Analysis of Asset Turnover Ratio
After calculating the asset turnover ratio of McDonalds Company a slight ...
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BALANCE SCORE CARD
Balance Score Cardof McBride
Balance Score Cardof McBride
Executive Summary
McBride plcis considered as the leading supplier in Europe's private household sector. The company is performing very well from last 40 years. McBride plc was established in 1970. Sensei, Oven pride, Limelight, Surcare, Gentelle and Frish stick are some brands ...
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CONVERGENCE OF IFRS
Convergence of International Financial Reporting Standards
Abstract
This paper has discussed the convergence of the IFRS in the global perspective. Moreover, this paper also has discussed the arguments for and against the world wide convergence of the international financial reporting standards. To support the arguments two companies has been ...
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Unit 3 - Discussion Board Taxation
Unit 3 Discussion Board Taxation
Introduction
The paper attempts to understand relevant tax laws in the given situation. Firstly, the paper provides a brief overview of tax regulations and gray areas in the current tax mechanism. Then, the paper details out a situation in order to find ...