by admin | Nov 27, 2022 | Accounting
follow the required question based on data
1a. Calculate the weighted average contribution margin percentage for the annual budget.
1b. Interpret your result from 1a. What are the implications of the result in 1a (e.g., high or low weighted average contribution margin percentage for the management of Bridgestone?
2a. Is Bridgestone able to breakeven? Calculate the expected profit/loss (e.g., over- or under-recovery). Which actions could Bridgestone take to improve the expected profit/loss?
2b. Bridgestone is concerned that they are running at risk to not breakeven. In your cost analysis class during your studies at Whitman/SU, you learned the concept of the margin of safety. Calculate the margin both as a dollar amount as a percentage and explain Dr. Russell what these numbers mean.
3a. Fixed costs can be discretionary or committed. Discuss which of the fixed costs in this case are discretionary or committed using the information from the text. Why is it important to differentiate between discretionary and committed fixed costs?
3b. Independent from your answer in 3a, assume that the following fixed costs are discretionary and can be reduced by 15%: Salaries & Benefits, Consulting Fees, Rent, and Transportation. All other fixed costs are assumed to be committed. What would be the impact on the breakeven point revenues?
4a. On its mission to become more sustainable, Bridgestone intends to replace its car fleet (conventional engines) with electric vehicles, which would increase the fixed costs of transportation by 50% due to higher maintenance costs. Calculate the impact on its expected profit/loss.
4b. Given your findings in 4b, should Bridgestone introduce a more sustainable means for its transportation tasks? Please include all indirect and direct benefits as well as direct and indirect costs in your discussion. An excellent answer for this question will be quite extensive.
5. Although Medicaid rates have not changed in the past to a larger extend, Dr. Russell is afraid that particularly the rate for Group Counseling might change in the future. He wants to understand how changes of the rate of the Group Counseling in the range of minus 20 to plus 20 percent compared to the budgeted rate of 40 USD affects the company’s total operating income. All other values remain unchanged. You should illustrate your answer with a graph. For instance, you could show a line for operating income, which is a function of the selling price.
6a. Assume that fixed costs are assigned to each service based on the units of service a service is expected to have next year. Calculate the profitability (dollar amount and percentage) per service. You may lump all individual line items of fixed overheads together.
6b. Based on your answer in 5a, for which services should Bridgestone start marketing campaigns to increase the service volume? Explain.
6c. Instead of allocating the fixed costs per units of service provided, Dr. Russell asks you to provide him the results for 5a and 5b assigning the fixed costs now proportionally based on the direct labor hours per service.
6d. Explain to Dr. Russell why activity-based costing might be a better approach to allocate overheads of Bridgestone instead of a simple costing system as applied in 5a-5c.
by admin | Nov 27, 2022 | Accounting
You have been asked to analyze the Cash Disbursements spreadsheet provided using IDEA.
Week 5 Cash_Disbursemt.xlsx
The company policy is that checks are only processed on the 15th and 30th of each month (Hint: Using IDEA modify/append the file and use @day formula for the 15th or 30th then set the criteria) and payments over $10,000 need to be authorized by the CFO, Albert Booth.
Based on what you found during your analysis using IDEA, discuss one of the controls you feel are needed for cash disbursements at this company. Design a spreadsheet (using advanced features of Excel) or a flowchart (using Lucidchart) demonstrating the implementation of the control you feel is needed based on your analysis–upload a copy. Be sure to identify a specific way to improve the cash disbursements process based on what you discovered.
by admin | Nov 27, 2022 | Accounting
Using current literature, complete the case titled “Small Business-Peachtree” attached above. You will need to down load the case and answer the questions given. Here are some hints that will help you on the case:
I
Discuss the entity choices available to Peachtree. Include some comments about Form 8832.
II
What might be the entity’s intent for not making a §754 election? In your discussion, use the terms duplicate loss and substantial built-in loss.
Consult the “anti-abuse rules” of the regulations to determine which partner(s) can deduct losses from the sale of The Commons.
III
Trace the basis that Toby should assign to the land and building
Prepare a written case study analysis for the above assigned research case, minimum of 3-4 pages. The case analysis must be fully annotated with citations in proper legal form. (See writing guidelines located in Getting Started)
by admin | Nov 27, 2022 | Accounting
You will be using the company data and instructions for the Analytics Mindset Case that was adapted from the Analytics Mindset Case Studies presented by The Ernst & Young Foundation.
This research paper requires a minimum of two scholarly references: academic journals, professional journals, and/or appropriate authoritative references such as FASB Codification System, COSO, COBIT, Audit Standards, etc.
Be sure to provide specific examples throughout your paper to back up your statements
All research papers are submitted in APA format for sources and citations
by admin | Nov 27, 2022 | Accounting
The instructions for the assignment are in the Excel workbook (Worksheet 2 Project Instructions) and in the picture I attached. Worksheets 1-7 have already been completed please use the answers in the previous worksheets to help answer the problems in the other worksheets. I have uploaded the excel worksheet where the instructions are also included. I also uploaded the information for the production budget. Please reach out if you have any questions thank you!!
by admin | Nov 27, 2022 | Accounting
Based on the datas in the attached excel file, please answer the 5 following questions:
Deliverables – You will need to address the following questions in a concise manner with very good grammar and spelling. Your full name, class name, and date will all need to be noted in the header of your document. The document can be single or double space, using any profession font (e.g., Times or Calibri) 10 or 12pt font size. Please ensure that you state the question and your response directly below the question on your MS Word document.
GVV Case Questions:
1) What are the main arguments, reasons, and rationalizations you need to address?
2) What’s at stake for the key parties, including those who disagree with you?
a. What’s at stake for you?
3) What levers can you use to influence those who disagree with you?
4) What is your most powerful and persuasive response to the reasons and rationalizations you need to address?
5) To whom should the argument be made?
a. When and in what context?
b. What would you say?
c. What would they say back to you?
d. What if any pushback will you be anticipating?
Submit your Excel spreadsheets and your MS Word document in Canvas by Sunday, Nov 27, 2022.
