Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
South Hampton University is preparing its budget for the upcoming academic year. This is a specialised private university that charges fees for all degree courses. Currently, 30,000 students are enrolled on campus. However, the university is forecasting a 5 per cent growth in student numbers in the coming year, despite an increase in fees to $3,000 per subject.
The following additional information has been gathered from an examination of university records and conversations with university managers:
Required:
Question a) Determine the revenue budget for the upcoming academic year.
Question b) Determine the number of staff needed to cover classes.
Question c) Assume there is a shortage of full-time academic staff. List at least five actions that South Hampton might take to accommodate the growing student numbers.
By what percentage did the break-even point change for each case? How do these figures compare to the percentage increase in budgeted fixed costs?
Consider the features of budgeting and respond to the following: What are the primary advantages of budgeting? Provide an example.
How direct materials and direct labor costs are attributed to specifically produced goods or projects (jobs) using Job Order Costing.
A company purchased a truck on March 1, 2007 at a cost of $70,000. The truck had an estimated useful life of 5 years and an estimated salvage value of $10,000. The company uses the straight-line method of depreciation. Determine the book value of the..
Materials cost on this one job are $3,000. If overhead is allocated at 150% of direct labor cost what is the amount of overhead allocated to this job?
Calculate the unit product cost using variable costing. Mentor Corp. has provided the information for the current year Units produced
Prepare schedule of cost of goods manufactured in good form. cost of goods sold section of Mason Company's income statement for the year.
according to martin and steele 2010 p.13 the two principal professional associations in australia - cpa australia the
Prepare the operating activities section of the statement of cash flows using the indirect method.
Regardless of your decision, fixed costs will be reduced by 25%. Which department should be dropped so as to give the greatest benefit to the company?
Prepare a revised income statement assuming the envelope product line is eliminated. Assume that a pro rata amount of advertising is avoidable, product line supervisor salaries are avoidable, depreciation and general overhead are unavoidable.
Discuss the ethical implications and the potential performance implications of the approach that Reginald is using to make himself look good to his superiors.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd