Tools for Business Decision Management Makers 12 doc

... its basket makers have some spare time. An overseas retail chain has offered the business an order for 300 baskets at a price of £13 each. Without considering any wider issues, should the business ... is reviewing the performance of one hotel and making plans for next year. The managers have in front of them the results for this year (based on some actual results and some forecast...

Ngày tải lên: 22/06/2014, 02:20

... the business operates when we are undertaking a position analysis or when we are formulating plans for the future. Management What is strategic management accounting? CHAPTER 9 STRATEGIC MANAGEMENT ... revenue 450 470 470 470 470 Less Costs Materials 126 132 132 132 132 Labour 90 94 94 94 94 Overheads 45 47 47 47 47 Depreciation 120 120 120 120 120 Working capital 180 Intere...

Ngày tải lên: 22/06/2014, 02:20

... EVA ® is used by many large businesses, both in the US and Europe, it tends to be used for management purposes only: few businesses report this measure to share- holders. One business that does, however, ... Timely decisions. If information concerning a local division has to be gathered, shaped into a report and then passed up the hierarchy before a decision is made, it is unlikely th...

Ngày tải lên: 22/06/2014, 02:20

... Similar businesses within the same industry. The performance of similar divisions of other businesses, or whole businesses operating within the same industry, may pro- vide a useful basis for comparison. ... another business, or a whole business entity? We may encounter a number of problems such as: l Obtaining the information required. This is particularly true for a division within a...

Ngày tải lên: 22/06/2014, 02:20

... 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 businesses for the financial year ... 6,500 UK businesses, 44 per cent of businesses leave it a fortnight, or longer, after the due date for payment before sending reminders to their credit customers, while 13 per cen...

Ngày tải lên: 22/06/2014, 02:20

... allocation p. 112 Cost apportionment p. 112 Batch costing p. 119 Cost-plus pricing p. 121 Variable costing p. 123 Key terms ‘ M04_ATRI3622_06_SE_C04.QXD 5/29/09 10:36 AM Page 128 A first estimate ... seems likely that this is not true for most of these businesses. At the same time, most of the 68 per cent treat all overheads as a fixed cost. It seems likely that, for most busin...

Ngày tải lên: 22/06/2014, 02:20

... cater for a range of products and no single product decision will cause the business to amend it. Required: (a) Prepare a summary of information that would help with the pricing decision for the ... 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 o...

Ngày tải lên: 22/06/2014, 02:20

... costs (£000) 6 8 10 12 12 12 Prolog expects to receive no credit for operating costs. Additional shelving for storage will be bought, installed and paid for in April, costing 12, 000. Corporation ... 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 ACCOUNTING FOR C...

Ngày tải lên: 22/06/2014, 02:20

... of the businesses concerned for the financial year ending in 2007. When managers are making decisions involving capital investments, what should the decisions seek to achieve? Investment decisions ... progress for income-measurement purposes, and the cost of items for use in pricing decisions. Real World 7.7 provides some information on the use of standards in practice. Other uses for...

Ngày tải lên: 22/06/2014, 02:20

... cash flow 12, 000 (p = 0.4) and Year 2 cash flow 12, 000 (p = 0.4). The probability of both years having cash flows of 12, 000 will be 0.4 × 0.4 = 0.16 l Outcome 3. Year 1 cash flow 12, 000 (p = ... probabilities are based on information gathered from past experience. Thus, for example, the transport manager of a business operating a fleet of vans may be able to provide information concerning...

Ngày tải lên: 22/06/2014, 02:20