Accounting for Managers Part 7 pptx

... −5,050 2,600 1, 075 −1,600 2, 675 −2 ,77 5 −3, 075 Opening bank balance 2,500 −2,550 50 1,125 − 475 2,200 Closing bank balance −2,550 50 1,125 − 475 2,200 − 575 One last thing remains, which is for Retail ... profit 1,000 1,250 1,500 1,500 1 ,75 0 3,050 10,050 Table 14 .7 Production budget Jan Feb Mar Apr May Jun Total Variable costs per unit 7. 50 7. 50 7. 50 7. 50 7. 50 7. 50 7. 50 Inve...

Ngày tải lên: 04/07/2014, 16:21

... Ethics, 17( 13), 1421–41. INTERPRETING FINANCIAL STATEMENTS 91 Table 7. 3 Ottakar’s Balance Sheet in £’000 2001 2000 Fixed assets Intangible assets 79 3 838 Tangible assets 17, 692 17, 1 87 18,485 ... assets Stocks 14,692 13,601 Debtors 1 2 ,79 8 2,612 Cash at bank and in hand 370 – 17, 860 16,213 Creditors: Amounts falling due within one year 2 −14, 379 −13 ,72 9 Net current assets 3,48...

Ngày tải lên: 04/07/2014, 16:21

Ngày tải lên: 23/12/2013, 11:15

... 67 Financial accounting 67 Reporting profitability 69 Reporting financial position 70 Accruals accounting 72 Depreciation 73 Reporting cash flow 74 Working capital 75 Managing debtors 76 Managing stock 77 Managing ... 4 and 5. Accounting for Managers: Interpreting accounting information for decision-making Paul M. Collier Aston Business School, Aston University 12...

Ngày tải lên: 04/07/2014, 16:21

... and the accounting system 34 ACCOUNTING FOR MANAGERS managers is cost, which forms the basis for most of the following chapters. The calculation of cost is determined in large part by accounting ... limitations for managers in using financial information for decision-making. This has a particular effect in relation to cost, which as we will see throughout Part II is cruci...

Ngày tải lên: 04/07/2014, 16:21

... adverse selection are a consequence of information asymmetry. This happens because principal and agent have different amountsof information. A 70 ACCOUNTING FOR MANAGERS Expenses will include all the ... profit before interest and tax 100,000 Less: interest 16,000 Profit before tax 84,000 Less: income tax 14,000 Profit after tax 70 ,000 Less: dividend 30,000 Retained profit 40,000 68 ACC...

Ngày tải lên: 04/07/2014, 16:21

... 2 27 The total employment cost per working day for this employee is therefore £ 174 .89 (£39 ,70 0/2 27 days). Assuming that the employee works eight hours per day and the employee is productive for ... £0 .70 Actual transaction income 9,000 8,925 15,400 33,325 Fixed monthly fee 5,000 7, 500 12,000 24,500 Actual income 14,000 16,425 27, 400 57, 825 Variable labour costs 3 ,75 0 5,000...

Ngày tải lên: 04/07/2014, 16:21

... .909 22 ,72 5 2 25,000 .826 20,650 3 25,000 .75 1 18 ,77 5 4 25,000 .683 17, 075 5 25,000 .621 15,525 Total 94 ,75 0 Less: Initial investment 100,000 Net present value −5,250 170 ACCOUNTING FOR MANAGERS well ... per transaction 7. 50 £4 .74 £6.00 £26. 67 Per Branch trans. Total trans. Customer New account 182 ACCOUNTING FOR MANAGERS As we saw in Chapter 8, Porter (1980) develo...

Ngày tải lên: 04/07/2014, 16:21

... £0 .75 30,000 4 @ £0 .75 27, 000 38,000 £0 .70 26,600 400 Labour Skilled 6 @ £15 900,000 6 @ £15 810,000 55,000 £15.25 838 ,75 0 −28 ,75 0 Semi-skilled 3 @ 7. 50 225,000 3 @ 7. 50 202,500 26,000 7. 50 ... −3,000 4 @ £0 .75 4 @ £0 .75 Wood 30,000 27, 000 38,000 0 .7 26,600 400 80,000 72 ,000 74 ,200 −2,200 Materials usage variance Using the above formula we can calculate the usage varianc...

Ngày tải lên: 04/07/2014, 16:21

... costing. Management Accounting Research, 5, 261 77 . Turney, P. B. B. and Anderson, B. (1989). Accounting for continuous improvement. Sloan Management Review, Winter, 37 47. HOW COST ACCOUNTING DISTORTS ... Ouchi (1 979 ) Chua et al. Woodward (1958, Hopwood (1 972 , Beer (1 972 ) (1989) 1965, 1 970 ) 1 974 a, 1 974 b) Lowe and Machin Ansari and Bell Burns and Stalker Vickers (1965, (...

Ngày tải lên: 04/07/2014, 16:21