logo

Management Accounting : Sample Assignment

   

Added on  2021-06-14

6 Pages969 Words26 Views
 | 
 | 
 | 
Running head: MANAGEMENT ACCOUNTINGManagement AccountingName of the Student:Name of the University:Author’s Note:
Management Accounting : Sample Assignment_1

MANAGEMENT ACCOUNTING1Table of ContentsAnswer to Question 1......................................................................................................................2Answer to Question 2......................................................................................................................3Answer to Question 3......................................................................................................................3Reference.........................................................................................................................................5
Management Accounting : Sample Assignment_2

MANAGEMENT ACCOUNTING2Answer to Question 1The case study which is provided in the question is related to the business of producingCrunchy Chips which is operated by Jerahmel and his wife Angel in Finland. The company hasnot been able to generate much profit due to the climate of Finland which allows them fourmonths of harvest for potatoes and there has also been imports made of chips from china whichare much cheaper than what is charged by Crunchy Chips. As the owners of the business isuncertain whether they will be able to generate profits during the year and therefore one of theowners is of the opinion that the business should be sold off. However, the other owner,Jerahmel is of the view that if the business is able to at least reach the breakeven point than thebusiness can continue its operations (Palia, 2014). The calculations of breakeven points both interms of kg and Dollar is computed and shown below:ParticularsAmountSales Revenue p.u.$8.00Variable Cost p.u.:Cost of Potato$2.00Cooking Ingredients$0.20Packaging Cost$0.30Labour Cost$3.00Sales Commission$0.10Total Variable Cost p.u.$5.60Contribution Margin p.u.$2.40Fixed Costs:Administrative Expenses$1,50,000Annual Depreciation$75,000Total Fixed Costs$2,25,000Break-Even Point (in kgs.)93750Break-Even Point in $$7,50,000Figure 1: (Table Showing computation of breakeven points of the business)
Management Accounting : Sample Assignment_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Management Accounting: CVP Analysis and Profit/Loss from Operations
|7
|972
|323

The New Cost Management Accounting Process
|16
|1601
|93

Assignment on Management Accounting for Cost & Control
|15
|1670
|40

(PDF) Finance Assignment Sample
|8
|906
|56

Accounting: Break Even Analysis and Management Accounting Techniques
|8
|1657
|339

Introduction to Accounting and Finance
|7
|1158
|46