Produce a per unit cost statement for each product

Assignment Help Managerial Accounting
Reference no: EM13176265

 

Your assignment requires you to provide a formal business report max 1500 words, to your Bank Manager regarding the launch of a new business manufacturing goods to the UK. To support your choice of business you will select to sell 2 different items. The word count excludes appendices. You must include within the appendices: and all relevant supporting business research documentation.

Your final submitted report and appendix is to be submitted using the student portal. It should clearly show yourstudent number only (no names) be submitted no later than 30th November 2012. Late submissions will not be marked. Any extenuating circumstances should follow proper procedures. Marks will be returned via the student portal within two weeks of the deadline.

In the report:

Section A:

  • State your chosen business and what products (ideally 2 complementary products) you intend to sell. Provide in your own words, background as to the general price of goods available in the London area. (max 250 words),
  • Marks will be awarded for innovation, originality of approach, report format, relevant references and quotations from suppliers and all business expenses, their websites, etc., competitive benchmarking and supporting calculations. You will need to show your research in this area.

Section B:

o Clearly identify a target selling price for your company's products using supporting arguments from your research of the current market and any other source.

o Produce a per unit cost statement for each product, a breakeven point with underlying assumptions to support your figures.

o Prepare a Five Year Budget Income Statement using marginal costing principles

o Undertake a five year net present value appraisal of your new business, state your initial investment costs and use your marginal profit as cash flows.

o Provide suitable recommendations for the business and a conclusion

Section C:

oIndentify and discuss one issue that your business could undertake to improve environmental sustainability using suitable measures to aid your discussion.

o Reflecting on your overall learning experience briefly discuss what you have gained from undertaking the tasks in this assignment

Reference no: EM13176265

Questions Cloud

State what is the potential with respect to a sliver-silver : If an electrode has a potential of â€"0.005 V with respect to a S.C.E., what is the potential with respect to a sliver-silver chloride electrode?
State the atmosphere is to store it as a compressed gas : one potential way to reduce the amount of co2 added to the atmosphere is to store it as a compressed gas in underground formations.
When will company revenue increase : Management attributes the increase in revenues to a 137 percent increase in shipments, despite a 17 percent drop in the average blended selling price of its line of phones. Given this information, is it surprising that the company's revenue increa..
Connections and provide one example of something : Describe each of the connections and provide one example of something that schools are currently doing and one example of something, in your opinion, they are lacking.
Produce a per unit cost statement for each product : Produce a per unit cost statement for each product, a breakeven point with underlying assumptions to support your figures and prepare a Five Year Budget Income Statement using marginal costing principles
Which stage of ionization is likely favored : write two equations that show thw two-stage ionization of sulfurous acis in water.(H2SO3) which stage of ionization is likely favored?
Rules or standards that govern behaviors : In the ethical element, Toffler defines ethics as "rules or standards that govern behaviors" whereas moral means "relating to principles of right and wrong."
What is ceo tobacks most pressing concern : What is CEO Toback's most pressing concern and how could he go about addressing this concern?2. Do you agree or disagree with the assessment of the concern and the plan to address this concern? Why or why not?
What volume of hydrogen gas is produced : What volume of hydrogen gas is produced when 1.40 mol of carbon monoxide reacts completely according to the reaction at 0oC and 1 atm?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Absorption costing-managerial accounting

Roland Andersson is the manager of the Ekland Division of Ystad Industries. His one of several managers being considered for position of CEO, as the current CEO is retiring in a year.

  Prepare a sales budget by month

Prepare a sales budget, by month and in total, for the third quarter. Also prepare a schedule of expected cash collections, by month and in total, for the third quarter.

  Determing production and direct material purchases

Alder Company budgets an annual basis. The following beginning and ending inventory levels (in units) are planned for the next year. Two units of raw material are required to produce each of finished products.

  Pricing decision for ace manufacturing

Ace Manufacturing earns revenues of $2,100,000 annually on 150,000 unit sales of industrial part. The part is priced at $14 each. A potential customer, in industry that the company has not previously served

  Measure financial and non financial performance

Evaluate and use quantitative and qualitative information to measure financial and non financial performance of an organisation

  Question on managerial accounting-uncollectible accounts

Uncollectible accounts expense is determined by the direct write-off method. Which of the following will be amount of uncollectible accounts expense?

  Non-manufacturing fixed costs

George Ltd manufactures two types of coils used in electric motors. The two types are: C20 and D40. They both require plastic and metal. Information for the two products for the month of April is given

  Cash conversion cycle-breakeven

A firm has annual operating outlays of $1,800,000 and a cash conversion cycle of 60 days. If the firm currently pays 12 percent for negotiated financing and reduces its cash conversion cycle to 50 days, what is the annual savings?

  Product costing- traditional and activity

Determine total product cost per unit for each product using an activity based costing system. Use the number of units as the cost driver for each activity.

  Read the following scenario

Read the following scenario. Respond to the scenario with an essay laying out a managerial plan that is rooted in the Managerial Accounting knowledge that you have acquired thus far in the semester.

  Us budget deficits foreign financed

Describe the relationship between the trade deficit and financing of the U.S. budget deficit by foreign countries. Is this the potentially dangerous situation?

  Ramifications of price discrimination

Thomas Selling, an expert on nuclear strategy and arms control, examined in his book The Strategy of Conflict (Cambridge, MA: Harvard University Press, 1960), " The power to constrain the adversary depends on the power to bind oneself." Describe t..

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd