1. Consider your close circle of friends; you are known as a professional with the background

in architectural engineering and construction, currently upgrading your qualifications by

completing MCM at Deakin University.

2. One of your friends (Giulietta) approached you proposing management of a project

involving construction of her house. Giulietta wants the project to be known as “The house

at my place – THAMP”.

3. She proposes that you will be contracted as the Project Manager under the AS4915-2002

Project Management – General Conditions contract.

4. The ultimate product of the THAMP project is a two-storey building. The basic design

documentation was given to you for your consideration and Giulietta assumes you evaluate

the design from ‘value engineering/management’ viewpoint. Please see the 2020-T1 case

project folder in the CloudDeakin site of SRM752 unit.

5. All preliminary works (site surveying, etc) and permits (planning, building, no-go zone, etc)

necessary to start and continue constructions are finalised/granted.

6. Location of the building is still to be decided by Giulietta and her decision to choose her

preferred location is based on your advice. However, the location must be either in the

Greater Melbourne ()or Greater Geelong [] boundaries.

7. Giulietta confirmed that she has financial resources to complete the THAMP project

8. As you currently have some spare capacity in terms of your professional engagements,

you have gladly accepted the offer and signed out the AS4915-2002 contract for the value

of $5,000 ($3,425 + $1,575) with your client (Giulietta), at this stage just for the preparation

of project management plan (PMP).

9. Based on the merit of your plan Giulietta is willing to engage you as the Project Manager

with professional fees of 14% of the total cost of the THAMP project for management of the

THAMP project.

10. Giulietta has given you three months to prepare the THAMP project management plan for

the construction and management of the project resources.

11. You have no access to any resources from the so called “parent organisation”. So, in order

to complete the THAMP project, you will need to perform either, by yourself any necessary

managerial and/or construction tasks, or commission service(s) from others

Attachments:

A3-SRM752-202….pdf

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Answer ONE of the following questions below (1 or 2 or 3) based on research on internet website that I can access (CITE your resources) by using relatable accounting terms:

1. Is job-order costing as applicable to service companies as it is to manufacturing companies? If so, give an example of a service company that might use job-order costing and explain how the company uses this costing method.

2. On the balance sheet, inventory costs of a manufacturing firm are broken up into three sub-accounts: raw materials, work in process inventory, and finished goods inventory. Explain why this is done. As a potential investor, how would you use this information? If you were a banker, about to give Boeing a loan for raw materials, how would you use this information when making a decision whether or not to make a loan?

3. Discuss modern manufacturing practices and how they affect product costing. Include at least one of the three major changes in manufacturing practices: just-in-time production, computer controlled manufacturing, and total quality management. Provide examples of the changes for at least one company.

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– Please see exercise outline that shows instructions to completeDescriptionSolution downloadThe QuestionPlease see exercise outline that shows instructions to complete MS excel ratio analysis document.? All data in blue has been updated.? Need help creating formulas for cells in red.?Ratio Analysis1) Assume that you are a financial analyst updating this ratio analysis. Start by getting the latest data onIBM. Try ?http://finance.yahoo.com?>?Search Yahoo? for ?IBM?>Income Statements & Balance Sheet.Update tabs ?income? and ?balance? in your file with the recent data and the previous year?s data. THISDATA IS ALREADY POSTED TO THE SPREADSHEET.Note: As of 29 Feb 2016, the latest financial statements available via finance.yahoo.com on IBM is asof 31 Dec 2015. This is the data that you should use for this exercise. You are comparing 2015 to 2014.2) Also regard IBM’s current market data from Yahoo’s finance page. Take the price-per-share (pps)directly from Yahoo (the big bold unlabeled number on the Yahoo page) and enter it into your homeworkfile. Overwrite the date that you downloaded this data into the appropriate cells (see the old dates?).For the “Market to Book” ratio, take “Mkt Cap” from Yahoo, enter the value into your spreadsheet anddivide it by ?shareholders equity? from the balance sheet to get Mkt/Book. Also, get the E.P.S. data froma current page. For your ?PE ratio?, create a formula using the current pps and EPS data.3) As you update the various ratios, use Excel formulas with cell references, rather than typing in anactual value. For example use ?=B7/F5? rather than ?=B7/12?. For the calculated cells, you MUST use cellreferences in the formulas (and not actual values). The other advantage to using cell references in yourformulas instead of actual values is that your spreadsheet will be more functional ? if you change theinputs, the ratios will update automatically. There are very rare exceptions to this ?use cell references,not values? rule when the model actually contains a constant instead of a variable.Hint1: When working in the ?RATIO? tab, for example in cell B3, and you want to write a formula usingdata in the ?BALANCE? tab, the format is ?=balance!B8/balance!F6?Hint2: One method of checking your formula is to write the formula using the OLD sample data. Note ifthe results that you get are the same as the sample. If not, the error is in your formula. This suggestionis especially relevant for ratios for which there are alternative methods of calculation and for accountsthat go by several different names.Hint3: You might want to try building formulas in the income statement and balance sheet itself. Thisstep is not required, but may save you some points as it will sometimes pick up data entry errors thatotherwise go undetected.3) Notice column E in the ratio tab. These are brief comments regarding the change in the ratios andwhether they are going in a favorable direction. To say that a value is getting bigger or smaller is notsaying whether the firm is getting better or worse in the particular area that the ratio measures. Changethe comments to reflect the changes from 2014 to 2015. Your comments will be the real ?analysis?.

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