Answer ALL questions. Business and corporation law Word limit is 2000 words

Answer ALL questions. Business and corporation law Word limit is 2000 words Reference style – Harvard YOU MUST FOLLOW THE IRAC METHOD QUESTION 1 – (1000 words) Consider the following situations and indicate whether consideration is present and whether Jack has an enforceable agreement: a) Jane is going overseas and she offers to give her Lotus Super 7 sports car to Jack. The market value for this type of vehicle in good condition is around $25 000. Jack accepts. (250 words) b) Jane offers to sell Jack her Lotus Super 7 sports car for $25 000. The market value for this type of vehicle in good condition is around $25 000. Jack accepts (250 words) c) Jane offers to sell Jack her Lotus Super 7 sports car for $2500. The market value for this type of vehicle in good condition is around $25 000. Jack accepts (500 words) QUESTION 2 (1000 words) A shipbuilder had contracted to build a tanker for North Ocean Tankers. The contract was in US dollars and didn’t contain any provisions for currency fluctuations. Approximately halfway through construction of the ship, the United States devalued its currency by 10 per cent. As the shipbuilder stood to make a loss on the contract, it demanded that an extra US$3 million be paid or it would stop work. The buyer reluctantly agreed under protest to pay, as he already had a charter for the tanker and it was essential that it be delivered on time. The buyer didn’t commence action to recover the excess payment until some nine months after delivery. Will the buyer succeed in recovering the excess?

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Competency details BSBRSK501 – Manage risk This unit describes the performanc

Competency details BSBRSK501 – Manage risk This unit describes the performance outcomes, skills and knowledge required to manage risks in a range of contexts across the organisation or for a specific business unit or area. It applies to individuals who are working in positions of authority and are approved to implement change across the organisation, business unit, program or project area. They may or may not have responsibility for directly supervising others. Assessment outline All assessment tasks must be completed to pass the unit. Assessment task Word limit Assessment 1: Auto mark quiz N/A Assessment 2: Risk management plan requires the learner to complete a detailed risk management plan 650 words + templates Assessment 3: Action plan, implementation and monitoring, and evaluation evidence requires the learner to submit video evidence of a consultation 200 words+ action plan and record log templates You are required to complete Part 2 with reference to: 1. a workplace project, or 2. the MacVille cafes Case study provided. Instructions Once you feel confident that you have covered the learning materials for this unit, you are ready to attempt this assessment. Construct your assessment in a commonly used software program such as Microsoft Word, or you can download a Microsoft Word copy of this assessment from the relevant study period of your course in OpenSpace. To help Open Colleges manage your assessment, please use the following file-naming convention when you save your Microsoft Word document. Your file should be named and saved to your computer’s hard drive using your [student number]_[assessment number].doc For example, 12345678_21850a_01.doc Assessment submission When you are ready to submit your assessment, upload the file in OpenSpace using the Assessment Upload links in the relevant module of your course. The Student Lounge provides a ‘Quick Guide to Uploading Assessments’ if you need further assistance. Uploading assessments in OpenSpace will enable Open Colleges to provide you with the fastest feedback and grade on your assessment. It is important that you keep a copy of all electronic and hardcopy assessments submitted to Open Colleges. Alternatively, you can print and post your assessment to Open Colleges, PO Box 1568, Strawberry Hills, NSW 2012. Please ensure that you use the Open Colleges Assessment Cover Sheet (available in the Student Lounge in OpenSpace). Where assessments are submitted by post, grades and feedback will be released in OpenSpace. Please note that assessments submitted by post may take up to 21 days from the date received by Open Colleges to grade and are reliant on the efficiency of the postal service. Note: Please submit all assessment components in one file, or with as few attachments and separate documents as possible; ie. do not include templates or emails in separate documents – place them all in the one document. Assessment 2 – Risk management plan You are a new recruit from AMPLITUDE management consultancy. Co-owner Sarah McCarthy has sent you on assignment to the client firm ‘MacVille Cafes’. You are to develop a risk management plan for MacVille’s new café site. It is a strategy and should be developed in conjunction with key stakeholders. Developing this plan will include: • identifying current and potential risks • reviewing: – current risk management standards, policies and procedures – the internal and external operating environment. The information for the scenario is supplied in the file ‘MacVille Cafes Case Study Scenario’ found in the ‘Additional Resources’ icon on the top left of OpenSpace. Your evidence must include each of the parts specified below. Specifications Your plan must include the following as a minimum: Part A – Scope The scope of your risk management should set out the parameters of the risk management system by including: • risk management standards used (review Topic 2.1.2 in the Module) • relevant business policies and procedures that were reviewed (review Topic 2.2.1 in the Module) • legislation, codes of practice and national standards that are relevant to your organisation’s operations, and its operation as a business entity (review Topic 2.2.1 in the Module). In the scope, you should identify what is included and what is not included, especially in relation to suppliers and vendors. Your scope must also list all relevant internal and external stakeholders. If you are using the case study, look closely at the MacVille Risk Management Strategy and Risk Management Framework. Copy and paste the Appendix 1 template, and fill out the blank fields to complete the plan. (300 words) Part B – Goals and critical success factors Provide an explanation of the goals (what your system will address, i.e. reduce workplace injuries) and critical success factors (i.e. staff complete mandatory training) of the risk management system. If you are using the case study, look closely at the strategic directions for the business to assist you. (100 words) . • Goals are the broad aims of the risk management process. They are the overarching outcome that you want to achieve. • The critical success factors are the things that you must be able to achieve in order to fulfil your goals and objectives. Refer to Topic 2.2.2 in the Module for more information on critical success factors. Part C – PESTEL analysis Complete a PESTEL analysis for the organisation. (150 words) Refer to Topic 2.2.1 in the Module and u see the template in Appendix 2 to help you. Political Economic Social Technological Environmental Legal A PESTEL analysis is used to scan an organisation’s environment and identify each of the above external factors that are currently impacting the business or may impact the business in the future. Part D – SWOT Analysis Complete a SWOT analysis for the organisation. (100 words) Refer to Topic 2.2.2 in the Module and use the template in Appendix 3. Under each heading, list points relevant to the current risk management system. Strengths Weaknesses Opportunities Threats A SWOT analysis is a useful business tool for understanding your current business situation. This analysis can be applied to your organisation’s existing risk management processes to help you identify their strengths and weaknesses. Part E – Risk Assessment & Treatment Plan Using the template in Appendix 4 refer to the example provided then prepare a plan covering each of the following points: • identify five separate risks relevant to the organisation – provide a detailed explanation of the risk you are addressing and the treatment you have chosen for it • detail all the activities required to implement the treatment. Also detail the timeframe, required resources and roles and responsibilities. • include an overview of the performance measures and monitoring arrangements for the risk treatment plan • list the stakeholders that will be consulted to confirm risks identified, implement the risk management system; and how consultation with stakeholders will occur • complete the consequence rating scale and assign a numerical value (1 to 5) to each level of the scale • a likelihood rating scale and assign a numerical value (1 to 5) to each level of the scale Identifying risks – Risk is the probability of threat or damage, injury, liability, loss or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through pre-emptive action. Refer to Topic 2.2.2 in the Module for more information on how to identify stakeholders. If you are using the Case study, review the roles the senior management team, store managers and café employees to help you identify relevant people to consult. (100 words) A risk assessment is the identification, evaluation, and estimation of the levels of risks involved in a situation, their comparison against benchmarks or standards, and determination of an acceptable level of risk. APPENDICES Appendix 1: Scope plan template SCOPE PLAN Product areas of the business within scope Risk management standards Relevant business policies and procedures Current risk management system Relevant legislation Suppliers and vendors concerned and how Internal stakeholders and relationship to the scope External stakeholders and relationship to the scope Business and product areas out of scope Appendix 2: PESTEL template PESTEL ANALYSIS Political environment Economic environment Social issues Current and emerging technology Environmental issues Relevant legislation Appendix 3: SWOT template Strengths Weaknesses Opportunities Threats Appendix 4: Risk Assessment & Treatment Plan Risk Description Stakeholders Stakeholder Consultation Methods Consequence Rating Likelihood Rating Treatment Activities/Timeframes/Resources How to measure success/milestones Example: Budget Reduction expected next financial year. GM’s & Line Managers • Updates via weekly steering group meeting • Follow up email to each GM weekly • Fortnightly 1:1 meeting with each Line Manager 4 3 Treatment • Confirm actuals required • Write business case document Timeframe From 1 July – 31 July Resources 1 fulltime employee Responsibilities GM’s to approve actuals required Line Managers to provide feedback on business case Confirm actuals required – by 6 July Write business case by 14 July

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MKT1002 Consumer Behaviour Assessment You have three pieces of assessment in t

MKT1002 Consumer Behaviour Assessment You have three pieces of assessment in this course. 1. 20% Assignment 1 – focuses on “unpacking” value in the exchange. Valuing a service experience The two assignments centre on a service experience, in which you are the client. Because you are a client of the service – you are also the target market (audience) for the service. You are developing a piece of communication for the manager of the service (the manager is your audience). You are providing the manager with information about their target audience (you). Managers use information about their target audience to improve their service delivery (value in the exchange) and/or as an opportunity to expand or extend value co- creation. For a manager to develop strategy and ways to add/create/extend value for their target market (you), firstly, the manager must understand their target audience (you). The assignment gives you an opportunity to build self-awareness skills by asking you to self-reflect and to learn more about yourself as a consumer. A service experience Please think carefully when selecting your service experience. Ideally, the service experience you choose should be one that is personally relevant to you, and therefore, easy to write about (e.g. gym, beauty spa, playing sport, going to the movies or a regular restaurant or uni). The service experience ideally would be something that you engage with (as a client/consumer) at least twice a month, and preferably, an experience you engage with on a more regular basis (e.g. once a week or more). Some examples that are suitable to choose for your assignments are: Choose 1 from this A to F topic a) Gym membership and regular attendance b) Playing member of a sporting club c) Regular at a favourite cinema d) Regular at a favourite restaurant e) Regular at a favourite massage or beauty spa f) University education (online or on-campus student experience) Before selecting your service experience, you might like to read the assignment instructions. Assignment 1 – Value in the exchange (20%) Task Develop a piece of communication using words, pictures, diagrams and/or charts. You might like to use PowerPoint, Word, drafter or some other similar computer program. Design your piece of communication to communicate to the manager of the service. You are communicating a rich and deep understanding about “value in the exchange” in the context of a branded service. The specifics of this assignment are below. 1. Select a branded service that you engage with on a regular basis (at least twice a month). The service could be a favourite restaurant that you go to on a regular basis or a business that provides you with a regular massage and beauty treatments, or a favourite cinema where you watch movies, or regular sporting activity you play (e.g. futsal, golf or football) or a gym where you regularly exercise. The service should be branded – that is have a brand name that is easily recognisable (e.g. Snap Fitness or City Golf Club or Grill’d). 2. Identify the service (product) and brand. For example, Grill’d is the brand and the service (product) is a restaurant. Snap Fitness is the brand and the service (product) is gym membership. City Golf Club is the brand and the service (product) is golf. Once you have identified the service (product) and brand, please develop a title for your assignment. Please make sure that the name of the brand and the service are in the title of your assignment. Your assignment should have a title page. The title page should also have a date, your name and student number on it and act as a cover page for your assignment. 3. Select a method for presenting your assignment. You may choose to develop your assignment in Word or PowerPoint (or similar). If you are using PowerPoint, please place your written material in the “notes section” of PowerPoint. If you are using Word, please insert your diagrams and pictures with the words – that is insert the illustrations as close to as possible to the words. This way the pictures and diagrams provide meaning to the words. Do not insert pictures and diagrams in an Appendix. Regarding your pictures and diagrams, please ensure you correctly label all of them and reference those you have not developed yourself (using Harvard AGPS). 4. When developing your assignment, please aim the assignment at the CEO or the management team of the branded service. As such, write your assignment in second or third person. Essentially, you are providing the management team (or CEO) with information about their target audience (you). 5. The assignment should be no longer than 1200 words or 10 slides (if using PowerPoint). Please write your assignment using the active voice (you may want to look up the difference between active and passive voice in written communication). The active voice is a clearer and a more persuasive form of written communication. Professional marketers communicate persuasively. We are judging you on your written communication. The active voice is preferred. 6. You are to develop an assignment that has a structure similar to below a. Title page (no more than eight words in the title) b. Introduction (100 Words) c. Value equation (300Words) d. Decision making perspectives (250Words) e. Risk and involvement(200Words) f. Atmospherics(200Words) g. Conclusion(150 Words) 7. The title page should have a catching title limited to eight words or less. Ensure your student name and student number are on the title page. 8. In your introduction section, briefly introduce the service (product; product category) and brand (no more than one page or one slide). If you provide any history or background to the service (and brand), write no more than a paragraph and please ensure you reference any material using Harvard AGPS (http://www.usq.edu.au/library/referencing/harvard-agps-referencing-guide ). If you are unsure what referencing is, or why we reference material, please visit the library or click on the following link to find out more http://www.usq.edu.au/library/referencing . 9. The value equation for the branded service should include all of the benefits (utilitarian, hedonic, social and other) as well as all of the costs associated with the service (refer to the valuation equation in the materials). a. Clearly differentiate and categorise the costs and benefits. You may like to construct a diagram to show your customer value equation for the target audience (you). If you do draw a diagram, label the diagram and discuss the diagram. b. The value equation should clearly identify the value associated with the brand/service. You are trying to demonstrate to or show management “customer value” for the target audience (you). 10. Of the various decision making perspectives, identify which one(s) are the most fitting for your service (e.g., which did you go through when making the initial and subsequent decisions). a. Name and describe the different decision making perspectives you undertook. b. Consider whether the decision-making type is rationale, experiential or behavioural. Refer the materials for information about the various decision-making types. c. Think about your first visit (decision), consider whether you engaged in extended decision-making or a limited decision the first time; and whether your subsequent decisions to return are habitual or because of brand loyalty. d. You might like to present a table or a diagram illustrating the relevant decision-making perspective(s) for your target audience (you). Refer to your table(s) or diagram(s) and write in detail the decision-making perspective(s) you went through to help the manager understand decision making from the perspective of the target audience (you). 11. Describe the concepts of risk and involvement (and ensure you reference your findings when you use them in your assignment). Refer to your materials or locate information from e-books or the Internet to help you understand and explain these concepts. a. Identify which types of risk you experience and explain to what extent you experienced these risks. b. Similarly explain the extent of your involvement with the consumption of the service when experiencing (consuming) the service (on a regular basis). 12. Explain the impact (influence or affect) of atmospherics on the consumption of the branded service. a. For example, explain how the lighting, any smells, the colours, the floor layout, any spacing of equipment or the spacing of tables, the people (customers/staff), any crowding etc. influences your value perceptions (positively/negatively). In your materials, there is information on atmospherics, including the different groupings of atmospherics. Atmospherics are an important component in a service experience. As such, it is important for managers to have a good understanding of the positive and negative impacts of atmospherics on the value perceptions of their target market (you). 13. Conclude your assignment (limit of one page or one slide) by briefly summing up and explaining the value in the exchange. In this section, you might like to assess and prioritise elements that influenced (positively/negatively) or changed/altered your value perceptions during consumption (value in the exchange) and decision-making (value in the exchange). a. Consider that this section is useful to a manager as it provides him/her direction about the elements that are most valuable to the target audience. This is important to a manager when developing strategies to co-create value. 14. Save your assignment document as follows: Student number_MKT1002A1 Please insert diagrams or picture of brand as require and also give referencing to used diagrams and picture if you don’t create by your self. At least 10 references are required at the end of assignment and reference style is Harvard AGPS referencing style.

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HI6027: BUSINESS AND CORPORATIONS LAW Trimester 2 2016 Individual Assignment In

HI6027: BUSINESS AND CORPORATIONS LAW Trimester 2 2016 Individual Assignment Instructions: Answer ALL questions. Each question is worth 10 marks. Total marks for this assignment is 20 marks. Total weight for this assignment is 20% Word limit is 2000 words. 2 QUESTION 1 – 10 MARKS Consider the following situations and indicate whether cconsideration is present and whether Jack has an enforceable agreement: a) Jane is going overseas and she offers to give her Lotus Super 7 sports car to Jack. The market value for this type of vehicle in good condition is around $25 000. Jack accepts. (2.5 MARKS) b) Jane offers to sell Jack her Lotus Super 7 sports car for $25 000. The market value for this type of vehicle in good condition is around $25 000. Jack accepts. (2.5 MARKS) c) Jane offers to sell Jack her Lotus Super 7 sports car for $2500. The market value for this type of vehicle in good condition is around $25 000. Jack accepts. (5 MARKS) QUESTION 2 – 10 MARKS A shipbuilder had contracted to build a tanker for North Ocean Tankers. The contract was in US dollars and didn’t contain any provisions for currency fluctuations. Approximately halfway through construction of the ship, the United States devalued its currency by 10 per cent. As the shipbuilder stood to make a loss on the contract, it demanded that an extra US$3 million be paid or it would stop work. The buyer reluctantly agreed under protest to pay, as he already had a charter for the tanker and it was essential that it be delivered on time. The buyer didn’t commence action to recover the excess payment until some nine months after delivery. Will the buyer succeed in recovering the excess? END OF ASSIGNMENT

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Individual Assignment Sydney Graduate School of Management School of Business

Individual Assignment Sydney Graduate School of Management School of Business 200494 Management Accounting Individual Assignment (20%), Quarter 3, 2016 Key factors to keep in mind when writing your submission are: 1. The due date for the hard copy of the individual assignment is at the beginning of your seminar in Week 8, week commencing 15 August 2016. The electronic copy is to be lodged on vUWS by 12:00 midnight on Monday, 15 August 2016. 2. You must submit Microsoft Word (electronic) copy of your assignment through vUWS by 12:00 midnight on Monday, 15 August 2016. Please also refer to instructions within the Learning Guide. 3. The file name for the electronic copy must follow the following pattern: your student ID number followed by 200494Assignment. For example if your student ID number is 17432968, the file name should be 17432968_200494Assignment. 4. Students are to keep a copy of all assignments submitted for marking. 5. Ensure you use accurate spelling and grammar. It is often best to state things simply and clearly rather than using complicated language in the wrong context. Prior to submission make sure you use tools like spelling and grammar checkers in WORD. You may also want to make use of online tools (e.g. the Writer’s Diet http://writersdiet.com/WT.php?home to improve the quality of your written work). 6. All sources of information must be appropriately acknowledged. Ensure that all in-text references are accurate and comply with the Harvard referencing style. A guide is available on the UWS Library website with examples to assist you. Ensure you use only credible sources appropriate to your level of studies. Wikipedia, for example, is not a credible source. A Reference list of all works cited in your submission must be provided. 7. THIS IS AN INDIVIDUAL ASSIGNMENT CONTAINING EIGHT (8) QUESTIONS. IT IS NOT A GROUP ASSIGNMENT. Please refer to the Misconduct Policy. For the full definition of academic misconduct and the consequences of such behaviour, you are advised to read the Student Misconduct Rule at http://www.westernsydney.edu.au/about_uws/leadership/governance/student_misconduct_rule. Each student must present their own work. Failure to do so could lead to accusations of academic misconduct. 8. As a guide to what is expected from you for the assignment, a previous semester’s assignment with solution, marking guide and feedback is available on vUWS. This will assist in the preparation and presentation of your assignment as you can be more aware of and better able to avoid some of the pitfalls. 9. Use the Assignment Cover Sheet and include your Name and Student ID on the cover sheet. Ensure that the declaration is signed and dated on the Assignment Cover Sheet. 10. In addition to loss of marks for incorrect answers, marks may be deducted for untidy presentation including inappropriate formatting. Begin each question on a new page. All journals, tables and statements must have appropriate headings and be presented in a proper format. All answers must be supported by relevant calculations. 11. Solutions to the questions contained in this assignment may require research beyond the recommended textbook. 12. Assessment percentage 20% (out of 100% total for the unit). Assignment will be marked out of 100 and converted to 20%. Marks for each question are shown alongside the question number. Question 1: Cost estimation – Regression (12 Marks) University Press Pty Ltd operates printing press to print text books for a number of draftes in Sydney who supply books to several major universities. The firm’s management accountant is accumulating data to be used in preparing the annual budget for the coming year. The cost behaviour pattern of the firm’s printing equipment maintenance costs must be determined. Data regarding number of books printed, maintenance hours and costs for last year are as follows: Month Number of photocopies Hours of maintenance service Maintenance costs July 600,000 3,938 $35,325 August 510,000 3,788 $32,325 September 517,500 2,325 $22,425 October 480,000 3,713 $31,500 November 675,000 2,363 $22,500 December 637,500 3,638 $31,613 January 412,500 2,363 $22,125 February 637,500 3,038 $27,600 March 465,000 3,563 $30,750 April 615,000 2,588 $24,375 May 450,000 2,625 $24,450 June 2,625,000 2,513 $22,613 Total 8,625,000 36,450 $327,600 Average 718,750 3,038 $27,300 Required: 1 Use Excel and multiple regression analysis to estimate the behaviour of University Press’s maintenance costs. Include in your answer the following. (Note: Copy and paste your Excel and multiple regression analysis solution on a Word Document for submission) a. How much is the constant, or intercept? 3 mark b. How much is the the coefficient of the two variables; the number of books and the number of hours of maintenance? 3 mark c. Write the regression equation. 2 mark 2 Calculate R2 and interpret the above statistic.2 marks 3 Calculate the total variable cost and the fixed cost per maintenance hour at 3,750 hours of maintenance and 637,500 books. 2 marks Question 2: Process costing: manufacturer (13 Marks) Steelworks Limited’s Machining Department had 20,000 units in work in process (WIP) on 1 March. These units were 40 per cent complete with respect to conversion. Direct materials are added at the beginning of the production process, while conversion costs are incurred uniformly throughout the process. An additional 40,000 units were started during March, and 10,000 units were in WIP on 31 March. The units in WIP on 31 March were 20 per cent complete with respect to conversion. Costs incurred in the Machining Department for March were as follows: WIP 1 March Costs incurred during March Total Direct material $78,000 $252,000 $330,000 Conversion $23,200 $132,800 $156,000 $101,200 $384,800 $486,000 Required: 1. Using an example, explain the concept of equivalent units. Explain why an understanding of equivalent units is necessary to undertake process costing. 2 marks 2. Explain how the calculation of equivalent units differs between the weighted average and FIFO methods of process costing. 2 marks 3. Using the weighted average method of process costing, calculate the cost of goods completed and transferred out during March and the cost of WIP at 31 March. Show all workings. (Note: Round to two decimal places. 9 marks Question 3: Plantwide and departmental overhead rates: manufacturer (13 marks) Colours Ltd produces two types of computer printers, a laser model and an inkjet model, which pass through two production departments, Fabrication and Assembly. The following data relate to the year just ended: Fabrication Assembly Budgeted overhead $270 000 $135 000 Expected activity (in direct labour hours) 22 500 90 000 Expected activity (in machine hours) 45 000 12 375 Actual overhead costs for the year were $450 000. Laser Inkjet Units produced 11 250 112 500 Prime costs (material and labour) $90 000 $675 000 Direct labour hours used: Fabrication 1 500 21 000 Assembly 30 000 72 000 Machine hours used: Fabrication 15 000 30 000 Assembly 1 500 12 000 Required: 1 Calculate the predetermined plantwide overhead rate based on direct labour hours. 1 mark. 2 Calculate the per unit cost of the laser and inkjet printers, based on a plantwide overhead rate assuming that direct labour hours is the cost driver. 3 marks. 3 Calculate predetermined departmental overhead rates, assuming that machine hours is the cost driver in Fabrication and direct labour hours is the cost driver in Assembly. 2 marks. 4 Calculate the per unit cost of the laser and inkjet printers, based on the departmental overhead rates. 3 marks. 5 Estimate the amount of underapplied or overapplied overhead using: a. Plantwide overhead rate. 1 marks. b. Departmental overhead rates. 1 marks. 6 Which approach is best for Perfect Image: a plantwide overhead rate or departmental overhead rates? Why? 2 marks. Question 4: Activity-based costing (16 marks) The management of Camden Wines Pty Ltd is contemplating the introduction of an activity-based costing system and has just conducted an activity-based costing exercise in its bottling plant. The costs of the plant, summarised into cost categories for the year, are as follows: Bottling Plant costs Total cost ($) Resource driver Total amount of resource driver Wages $2 000 000 No. of employees 40 employees Building costs 200 000 Floor area 50 000 square metres Machinery costs 900 000 Machine hours 90 000 machine hours Energy costs 1 200 000 Kilowatt hours 600 000 kilowatt hours Other 45 000 Machine hours 90 000 machine hours $4 345 000 Four activity centres have been identified in the plant, with the following resource driver consumption patterns: Bottling Plant activity centres Resource drivers Activity centre No. of employees Floor area (m2) Machine hours Kilowatt hours Filling 20 15 000 40 000 250 000 Corking 10 5 000 15 000 100 000 Labelling 4 10 000 10 000 50 000 Packing 6 20 000 25 000 200 000 Total 40 50 000 90 000 600 000 The work in the Labelling Centre has been broken down into the following five activities. Their use of resource drivers is also shown. Labelling Centre activities Resource drivers Activity No. of employees Floor area (m2) Machine hours Kilowatt hours Set up front label machines 0.5 – – – Operate front label machines 1.0 3 000 7 000 30 000 Set up back label machines 0.5 – – – Operate back label machines 1.0 2 000 3 000 20 000 Inspect labelled bottles 1.0 5 000 – – Total 4.0 10 000 10 000 50 000 Required: 1 Calculate the cost of each activity centre. 6 marks. 2 Calculate the cost of the activities performed in the Labelling Centre. 6 marks. 3 Why would Camden Wines contemplate using an activity-based product costing system? 2 marks. 4 What are the limitations of activity-based product costing? 2 mark. Question 5: Preparation of budget (12 marks) Rockhampton Bags Ltd makes and sells computer carry bags. Bill Blake, the company accountant, is responsible for preparing the company’s annual budget. In compiling the budget data for next year, Blake has learned that new automated production equipment will be installed on 1 March. This will reduce the direct labour per unit from 1 hour to 0.75 hour. Labour-related costs include employer superannuation contributions of 9 per cent of employee wages, workers’ compensation insurance of $0.20 per hour, and payroll tax equal to 7 per cent of employee wages. These ‘on-costs’ are treated as an additional direct labour cost. The accountant estimates that a wage increase for production workers of $2.00 per hour will take place on 1 April. Management expects to have 16,000 bags on hand at the beginning of the budget year, and has a policy of carrying an end-of-month inventory of 100 per cent of the following month’s sales plus 50 per cent of the second following month’s sales. This and other data compiled by Blake are summarised in the following table: January February March April May Direct labour hours per unit 1.0 1.0 0.75 0.75 0.75 Wage per direct labour hour $32.00 $32.00 $32.00 $36.00 $36.00 Estimated unit sales 20 000 24 000 16 000 18 000 18 000 Sales price per unit $50.00 $47.50 $47.50 $47.50 $47.50 Manufacturing overhead: Shipping and handling (per unit sold) $ 3.00 $ 3.00 $ 3.00 $ 3.00 $ 3.00 Purchasing and material handling (per unit produced) $ 4.50 $ 4.50 $ 4.50 $ 4.50 $ 4.50 Other (per direct labour hour) $10.50 $10.50 $10.50 $10.50 $10.50 Required: 1 Prepare a production budget for Rockhampton Bags, by month and for the first quarter of the next budget year. 4 marks 2 Prepare a direct labour budget for Rockhampton Bags, by month and for the first quarter of the next budget year. The direct labour budget should include direct labour hours and show the detail for each direct labour cost category. 4 marks 3 For each item used in the firm’s production budget and direct labour budget, identify the other components of the annual budget that would also use these data. 2 marks 4 Prepare a manufacturing overhead budget for each month and for the first quarter. 2 marks Question 6: Support department cost allocation (12 marks) Westmead Instrument Company manufactures gauges for the construction industry. The company has two production departments: Machining and Finishing. There are also three support departments: Human Resources (HR), Maintenance and Design. The budgeted overhead costs for the year for each department are as follows: HR $250,000 Maintenance 230,000 Design 350,000 Machining 800,000 Finishing 400,000 The budgeted machine hours for the Machining Department are 30,000, and the budgeted direct labour hours for the Finishing Department are 10,000. These activities are used to allocate manufacturing overhead costs to products in the two departments. The usage of the support departments’ output for the year is as follows: Provision of Service Output (hours of service) Provider of the service User of the service HR Maintenance Design HR – – – Maintenance 500 – – Design 500 500 – Machining 4,000 3,500 4,500 Finishing 5,000 4,000 1,500 Total 10,000 8,000 6,000 Required: 1 Assuming Westmead Instrument Company uses sequential (or step) method based on support department that serves the largest number of other support departments is allocated first. List the sequence that should be used to allocate the support department costs to production departments using the step-down method. 2 marks. 2 Use the sequential method to allocate support costs to production departments, and determine the predetermined manufacturing overhead rates for the two production departments. 10 marks. Question 7: Special order (14 marks) Winner’s Circle Ltd manufactures medals for winners of athletic events and other contests. Its manufacturing plant has the capacity to produce 10,000 medals each month. Current monthly production is 7,500 medals. The company normally charges $175 per medal. Variable costs and fixed costs for the current activity level of 75 per cent of capacity are as follows: Production costs Variable costs Manufacturing: Direct labour $ 375,000 Direct material $262,500 Marketing $187,500 Total variable costs $ 825 000 Fixed costs Manufacturing $ 275,000 Marketing $175,000 Total fixed costs $ 450,000 Total costs $1,275,000 Variable cost per unit $110 Fixed cost per unit $60 Average unit cost $170 Winner’s Circle has just received a special one-time order for 2,500 medals at $100 per medal. For this particular offer, no variable marketing costs will be incurred. Cathy Donato, a management accountant with Winner’s Circle, has been assigned the task of analysing this order and recommending whether the company should accept or reject it. After examining the costs, Donato suggested to her supervisor, Gerard LePenn, who is the controller, that they request competitive bids from vendors for the raw material as the current quote seems high. LePenn insisted that the prices are in line with other vendors and told her that she was not to discuss her observations with anyone else. Donato later discovered that LePenn is a brother-in-law of the owner of the current raw material supply vendor. Required: 1 Identify and explain the costs that will be relevant to Cathy Donato’s analysis of the special order being considered by Winner’s Circle Ltd. 2 marks 2 Determine whether Winner’s Circle should accept the special order. In explaining your answer, calculate both the new average unit cost and the incremental unit cost for the special order. 10 marks 3 Discuss any other considerations that Donato should include in her analysis of the special order. 2 marks 8: Environmental and social costs (8 marks) An aluminium refinery in Rydalmere is planning to implement an environmental management project. The project is to purchase new equipment that will lower operating costs and reduce emissions from the refinery, which is currently spread over nearby residential districts. Additional costs ($) Cost savings ($) Reduction in emissions (tonnes of airborne particles) Initial outlay $289,000 Year 1 145,500 $20,500 50 Year 2 130,000 20,500 50 Year 3 125,000 20,500 50 Year 4 125,000 20,500 50 Year 5 125,000 20,500 50 It is estimated that each tonne of emissions currently causes health costs that average $1 per annum for each of Gladstone’s 50,000 residents. Required: 1 Calculate the net financial cost to the refinery of investing in the new equipment. 4 marks 2 Calculate the financial cost or benefit to the community over the five years.2 marks 3 What other information might you need to gather in order to undertake a more comprehensive analysis of the project? (Note: Please provide a minimum of four) 2 marks The end

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Assessment 1: Knowledge Questions Student Name: This assessment has been desi

Assessment 1: Knowledge Questions Student Name: This assessment has been designed to allow you to demonstrate your knowledge of counselling frameworks. You are required to read and respond to each of the questions below in your own words. You will be assessed on your ability to: Demonstrate your knowledge of counselling frameworks in your responses Demonstrate critical thinking skills to present information using logical sequencing and apply knowledge accurately Demonstrate literacy skills to read, interpret and respond to the questions in your own words, using industry appropriate and non-discriminatory language. Read through the questions carefully and respond to them in full using your own words and referencing any researched material. Any incorrect or incomplete responses will be returned to you with feedback to allow you to resubmit. If you require additional training or guidance on the topic, you can negotiate time with your tutor for assistance. Questions Q1: What information should you provide to the client at the initial session? Q2: What information should you gather from the client at the initial session? Q3: Give an example of two (2) questions you may ask to encourage clients to identify practical goals. Answer: 1. 2. Tutor Use Only Successful Unsuccessful Date: Tutor Feedback: Q4: A woman walks into the service and is pacing the floor and unable to settle. Describe how you would make her feel at ease and describe how she is feeling and why. Q5: A woman comes into the service and has a black eye and a cut to her lip. She explains her husband sees her as his ‘property’ and that is how things have always been in his family. He regularly hits her and calls her names. You have very strong feelings against domestic violence. How will you manage to work with this person without allowing your personal values and feelings to impact on your service delivery? Q6: A client you have been seeing for some time is complaining that he wants you to tell him what he needs to do to ‘get better’. He has been setting goals with you and making plans to remedy his situation but has not actually done anything to change the situation or act on his goals or plans. How do you clarify the nature of the counselling relationship without offending the client? What techniques would you use? Q7: You have a client who is always late for appointments, cancels without notice and calls and leaves messages saying she really needs to talk to you and you are never there when she needs you. You have tried calling her but she seldom answers her phone. You call her and this time she answers. What do you say? Q8: You have been meeting with Gerry who has been drinking excessively for some time. He has now come to a point where he feels he should ‘do something about it’. You are aware that there is a rehabilitation service where he can go for help. Explain the process you would use for referral. Q9: Gerry comes to his next appointment and tells you he has thought about your suggestion and would like to be referred to the rehabilitation service. He has a few concerns about having to tell his story all over again and is worried that he won’t be able to go through with the program. What would you do? Q10: List three (3) strategies you have in place to avoid burnout? Answer: 1. 2. 3. Tutor Use Only Successful Unsuccessful Date: Tutor Feedback: Q11: Read the ACA Code of Ethics and, in your own words, describe how Section 2 impacts on you as a worker in the community sector. (Minimum 200 words) Submission Instructions Please proofread your work and make a copy of your assessment. Submit your assessment by uploading your completed responses to my.evocca for marking by your tutor. Please rename the file to include your name: CHCCSL501A-A1 Your Name Tutor Overall Feedback Successful Unsuccessful Date:

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Individual Assignment Instructions: Answer ALL questions. Each question is wo

Individual Assignment Instructions: Answer ALL questions. Each question is worth 10 marks. Total marks for this assignment is 20 marks. Total weight for this assignment is 20% Word limit is 2000 words. 2 QUESTION 1 – 10 MARKS Consider the following situations and indicate whether consideration is present and whether Jack has an enforceable agreement: a) Jane is going overseas and she offers to give her Lotus Super 7 sports car to Jack. The market value for this type of vehicle in good condition is around $25 000. Jack accepts. (2.5 MARKS) b) Jane offers to sell Jack her Lotus Super 7 sports car for $25 000. The market value for this type of vehicle in good condition is around $25 000. Jack accepts. (2.5 MARKS) c) Jane offers to sell Jack her Lotus Super 7 sports car for $2500. The market value for this type of vehicle in good condition is around $25 000. Jack accepts. (5 MARKS) QUESTION 2 – 10 MARKS A shipbuilder had contracted to build a tanker for North Ocean Tankers. The contract was in US dollars and didn’t contain any provisions for currency fluctuations. Approximately halfway through construction of the ship, the United States devalued its currency by 10 per cent. As the shipbuilder stood to make a loss on the contract, it demanded that an extra US$3 million be paid or it would stop work. The buyer reluctantly agreed under protest to pay, as he already had a charter for the tanker and it was essential that it be delivered on time. The buyer didn’t commence action to recover the excess payment until some nine months after delivery. Will the buyer succeed in recovering the excess?

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Use diagram and explain (400 words) 1. (a) Bagels and cream cheese are often e

Use diagram and explain (400 words) 1. (a) Bagels and cream cheese are often eaten together, so they are complements. Suppose that the equilibrium price of cream cheese has risen but the equilibrium quantity of bagels has fallen. What could be responsible for this pattern – a rise in the price of flour or a rise in the price of milk? Illustrate and explain your answer with demand and supply diagram for bagel (b) Suppose the government imposes a price floor on the bagel market to maintain bagel producers’ income. Briefly explain to government why the policy would yield an inefficient outcome. Use the supply and demand model to illustrate your answer.

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CHCCS500B Assessment 3 V2.0 Assessment 3: Research Report – Policies and Proc

CHCCS500B Assessment 3 V2.0 Assessment 3: Research Report – Policies and Procedures Student Instructions This assessment task has been designed to allow you to analyse information and identify how it impacts on you as a worker in the community service sector. You are required to write a research report summarising the two different policies and procedures below that are relevant to referral and assessment processes in a community service organisation. You will be assessed on your ability to: • Demonstrate your knowledge of assessment and referral practices and the impact of policies and procedures on workers in the community service sector • Demonstrate your literacy skills to communicate complex ideas • Critical thinking and analytical skills. http://www.dhs.vic.gov.au/about-the-department/documents-and-resources/policies,-guidelines-and-legislation/family-violence-referral-protocol-between-dhhs-and-victoria-police http://www.dhs.vic.gov.au/ data/assets/pdf file/0010/580942/family-violence-practice-guidelines-w-and-c-counselling-2008.pdf In a separate document, describe the following: 1. The purpose of two policies and procedures linked to the policies 2. Identify any laws (state or federal) that may be applicable to these laws 3. Attach appendices to the research report including: a. Copies of the policies described in the report b. Any templates or forms or questionnaires that are used by staff in the organisation to implement the policy. Submission Instructions Please proofread your work and include CHCCS500B – A3 – Your Name in the document header. Make a copy of your assessment. Submit your completed assessment to your tutor for marking via my.evocca using the following file name: CHCCS500B-A3 Your Name

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