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Question - Euphorica Berhad endeavour into property development since 1998 when the economic sentiments were not favourable. However, perseverance and confidence in believing its projects hold much value and the need for home-ownership is a necessity, the company's first 209-units condominium in Puncak Platina was well received by potential buyers in 2001.
Backed with decades of experience in the property development industry, Tuan Aman, the newly appointed CEO of Euphorica Berhad is set to continue creating magical moments for its clientele. Delivering over 12,000 homes and shops through the years, the company has carved its name as a reputable developer of quality. Holding sustainable improvements and innovation towards excellence, the business model has charted many defining moments for Euphorica Berhad.
Required - Discuss three (3) ways how a balanced scorecard can be effectively used by Euphorica Berhad to sustain its success.
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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