Tools for Business Decision Management Makers 9 docx

... them away!) Activity 3. 19 M03_ATRI3622_06_SE_C03.QXD 5/ 29/ 09 3:30 PM Page 84 MULTI-PRODUCT BUSINESSES 97 REAL WORLD 4.2 Counting the cost A recent survey of 176 UK businesses operating in various ... 3.17 M03_ATRI3622_06_SE_C03.QXD 5/ 29/ 09 3:30 PM Page 82 Real World 3.8 contains information from a Financial Times article about the price for using a new high-speed rail line. Ma...

Ngày tải lên: 22/06/2014, 02:20

... risk. SUMMARY 3 09 M08_ATRI3622_06_SE_C08.QXD 5/ 29/ 09 3:31 PM Page 3 09 Strategic management accounting is concerned with providing information that will support the strategic plans and decisions made within a business. We saw ... the business operates when we are undertaking a position analysis or when we are formulating plans for the future. Management What is strategic man...

Ngày tải lên: 22/06/2014, 02:20

... 10% £m 1 326.2 0 .90 9 296 .5 2 358 .9 0.826 296 .5 3 394 .7 0.751 296 .4 4 434.2 0.683 296 .6 5 477.6 0.621 296 .6 Terminal value: 543.5/0.10 (see Note) 5,435.0 0.621 3,375.1 Total business value 4,857.7 Note: ... the four main areas on which the balanced scorecard is based? 9. 4 9. 3 9. 2 9. 1 Exercises 9. 4 to 9. 8 are more advanced than 9. 1 to 9. 3. Those with a coloured numbe...

Ngày tải lên: 22/06/2014, 02:20

... by Cornwall’s sales to outside businesses. Activity 10.20 continued M10_ATRI3622_06_SE_C10.QXD 5/ 29/ 09 10:41 AM Page 394 NON-FINANCIAL MEASURES OF PERFORMANCE 399 Importance attached to various ... divisions. ‘ ‘ M10_ATRI3622_06_SE_C10.QXD 5/ 29/ 09 10:41 AM Page 391 Comparing performance Assessing divisional performance requires some benchmark against which we can compare the ch...

Ngày tải lên: 22/06/2014, 02:20

... COSTING 128 Full cost p. 94 Full costing p. 95 Cost unit p 95 Process costing p. 96 Direct cost p. 96 Indirect cost p. 96 Overheads p. 96 Common cost p. 96 Job costing p. 98 Absorption costing p. 98 Cost behaviour ... 173.15 1,135. 89 Full cost of the job 1,473. 89 Activity 4.11 continued The manufacturing cost for Buccaneers Ltd for next year is expected to be made...

Ngày tải lên: 22/06/2014, 02:20

... be sold. For every £5 below this price, the business is able to sell 10 more units. For example, at a price of 95 , 10 units would be sold, at 90 , 20 units would be sold, and so on. The business s fixed ... maximum. M05_ATRI3622_06_SE_C05.QXD 5/ 29/ 09 4:22 PM Page 1 59 The increasingly competitive environment in which modern businesses operate is lead- ing to greater effort being...

Ngày tải lên: 22/06/2014, 02:20

... 7.11 M07_ATRI3622_06_SE_C07.QXD 5/ 29/ 09 10:38 AM Page 2 29 When there is system of budgetary control, decision making and responsibility can be delegated to junior management, yet senior management can still ... to use the May figures for explaining the variances. Note that the business had budgeted for a higher level of output for June than it did for May. CHAPTER 7 ACCOUN...

Ngày tải lên: 22/06/2014, 02:20

... set out below. Size of business Large % Medium % Small % All % Underperformed 8 14 32 14 Performed as expected 82 72 68 77 Overperformed 10 14 0 9 It seems that smaller businesses are much more ... M08_ATRI3622_06_SE_C08.QXD 5/ 29/ 09 3:31 PM Page 2 59 CHAPTER 7 ACCOUNTING FOR CONTROL 250 REAL WORLD 7.8 Standard practice A study was carried out involving interviews with senior finan...

Ngày tải lên: 22/06/2014, 02:20

... 30.8 375 .9 2.7 Gold price Average spot* gold price US$/oz 450 18 .9 152.0 4.0 500 19. 6 165.4 3 .9 600 21.2 192 .2 3.6 650 21 .9 205.6 3.5 ‘ M08_ATRI3622_06_SE_C08.QXD 5/ 29/ 09 3:31 PM Page 295 Assessing ... 12 per cent rate is 0. 893 for year 1 and 0. 797 for year 2. We can derive the fall in value per flat (Y) to give a zero NPV by using the equation (6Y × 0. 893 ) + (3Y × 0....

Ngày tải lên: 22/06/2014, 02:20

... (Note 1) 69, 041 50 × £645,000/365 88,356 60 × £650,000/365 106,8 49 Current level of trade receivables 30 × £600,000/365 ( 49, 315) ( 49, 315) ( 49, 315) Increase in trade receivables 19, 726 39, 041 57,534 The ... providing a secure store for the inventories. Clearly, the efficient management of inventories is an important issue for many businesses. Source: Annual reports of the busi...

Ngày tải lên: 22/06/2014, 02:20