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!
Fran McPhair Dance Studios is a chain of 45 wholly owned dance studios that offer private lessons in ballroom dancing. The studios are located in various cities throughout the southern and southeastern states. McPhair offers a set of 12 private lessons; students may pay for the lessons one at a time, but each student is required to enroll for at least a 12-lesson plan. The 20-, 40-, and 100-lesson plans offer savings. Each dance instructor is paid a small salary plus a commission based on the number of dance lessons provided.
Required
1. McPhair’s owner is interested in a strategic analysis of the business. The owner wants to understand why overall profitability has declined slightly in the most recent year while other studios in the area seem to be doing well. What is the proper cost object to begin this analysis? Explain your choice.
2. For each of the cost elements determine the cost classification from the following list for the cost object you chose in requirement 1. (In some cases, two or more classifications may apply.)
Explain the applications of outsourcing in accounting and their implications on the profitabilityand quality of information of a company.
Are the disclosures included in the swiss annual report really "unnecessary"? Explain. What social, economic, and institutional factors in switzerland might be causing the inclusion of these disclosures?
For Turgo Company, variable costs are 63% of sales, and fixed costs are $185,500. Management’s net income goal is $58,071. Compute the required sales in dollars needed to achieve management’s target net income of $58,071.
In some cases one of the purposes of initiating a business is to control your value chain through vertical integration. General Motors relies on an unrelated company for a key component. General Motors relies on a vertically integrated subsidiary for..
A Stockholders' equity transactions and analysis LO C2, P1 Kinkaid Co. is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders’ equity during its first year of ope..
It is time for the annual budgeting process at your call center company. To kick-off the process, all the department managers and the plant accountant are meeting to discuss the budgeting process.
calculation of variances for direct material and direct labor.nevada learning aids makes wooden lap desks. a small fire
Using the concept of incremental analysis, expand on Nick's response on "why do you want to know?" what cost information would be relevant to a decision to drop the product that would not be relevant to a decision to increase a production by 100 u..
computing the revenue and cost of two clients using the data given.ryan brooks architecture does custom architectural
refer to the feedback sheet attached to see where marks could be lost. you are not required to complete the
The maximize the increase in current earnings per share. How would you as a potential investor in firm using this tactic, be corcerned?
Conduct a DuPont decomposition of Lucent's ROE for the 1998, 1999 and 2000 first (December) quarters. What factors contributed to the differences in Lucent's performance between those quarters?
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