StudentShare solutions
Triangle menu

Assignment of Acc - Essay Example

Not dowloaded yet

Extract of sample
Assignment of Acc

129). Among number of departments, the name of finance department is one of them. Finance department is responsible to manage and utilize the funds of the company as a whole. There are number of concepts that come under the ambit of finance and its related literature. Concepts are now moving and enhancing with perfection as well (WILLIAM G. DROMS, Jay O. Wright, 2010, pp.176). Among number of concepts, the name of fund management is one of them, which has its own recognition and importance in a broad nutshell. Managing the funds is an important provision and organizations always have to do something to do the same (NEELAN, Michael H., 2007, pp. 148). The main theme of this assignment is to pen down a sort of analysis broadly refers to cost management stance. The company name of Cycler mate and there are 4 different options from which the entire productivity of the company would be analyze accordingly. Option-1 Stop selling through cycle shops, and focus instead on building up direct mail order and internet sales Cost efficiency is one of the most integral and important part of an organization through which an entity could get the desired result (WARREN, David R., 1997, pp. 57). Organizations have to consider different options in order to get the things done accordingly. Currently, there are number of selling options are available which could be consider by a company or a management to pursue, merely to decrease down the level of cost association. In this scenario, the company is strategizing to go with internet based sales instead of focusing on the selling of the cycles through the cycle shops. Selling the cycles to the consumers with this particular action, will certainly decrease the level of cost of the company and resultantly will increase the financial belongings of the company as a whole. The budgeted figure of this scenario is mentioned below, Sales units price ? Cost Per Sale direct mail order and internet 1,100 700 1.57 cycle shop 1,400 420 3.33 The comparative analysis of direct mail order and internet and cycle shop is mentioned below in details, year to 12/30/2012 12/30/2011 12/30/2010 12/30/2009 12/30/2008   units units units units units direct sales units 1,055 1,178 967 850 743 shop sales units 1,450 1,621 1,334 1,172 1,010 Total units 2,505 2,799 2,301 2,022 1,753 Difference 395 443 367 322 267 Project Revenue through Direct Sales = 1100 * 700 = 770,000 Project revenue through Cycle Shops = 1400 * 420 = 588,000 Difference = 182,000 270 more cyle units would have been sold by the company to increase the revenue through direct selling 1100 + 270 = 1370 * 700 = 959,000 In order to break even, sales through cycle shop should be of 1833 units in total Project Revenue through Direct Sales = 1100 * 700 = 770,000 Project revenue through Cycle Shops = 1833 * 420 = 770,000 The main strength of this particular strategy is getting the figure of the units which would have been required by the companies to use accordingly, while there is no risk associated with the same. Option-2 According to the analysis, the price which was mentioned in the year 2011 was the best price for the company as a ...Show more

Summary

Assignment of Acc [Author’s Name] [Institution’s Name] Introduction The current era has been referred as the era of economic prosperity and economic expansion as a whole (CHOI, Frederick D. S., 2003, pp. 98). The traditional ways of enhancing financial competitiveness and economic prosperity has now changed entirely merely because of the arrival of new things in total (CHOI, Frederick D…
Author : lindgrenjulien
Assignment of Acc essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Assignment of Acc"
with a personal 20% discount.
Grab the best paper

Related Essays

Week Six Individual Assignment
A CPA certification is a very prestigious title. CPAs have vast amounts of knowledge in accounting and business. The salary a company has to pay a CPA is higher than the salary of a regular accountant.
3 pages (750 words) Essay
Sustainability of autoclaved aerated concrete (ACC)
This paper briefly examines the advantages and disadvantages of building with AAC, paying specific attention to the aspects of the product that may lend to its designation as a sustainable building materia
5 pages (1250 words) Essay
ACC 5
A software is being used so that there is much more information and support for decisions. It will determine which crop is more profitable although the crop will be rotated in the normal
4 pages (1000 words) Essay
MOD 3 CA ACC
The increased demand is estimated to be 85,000 additional units per year. The effect of these changes on the company’s income is presented in Appendix 1. It
2 pages (500 words) Essay
Week 6 final assignment paper
The salary a company has to pay a CPA is higher than the salary of a regular accountant. Accountants in general are very well compensated. The average salary for accountants that work in tax preparation, booking, and payroll services in 2008
7 pages (1750 words) Essay
(Love) ACC 403 SLP 4 Activity Based Costing
We may also classify costs according to their size, volume or frequency of use. For example, inventory costs will generally include some very costly items, some moderately costly items and some low cost items. Cost of items when classified
3 pages (750 words) Essay
ACC 501 Case Assignment 1 (Accounting for Cesision Making
Operating within the United States, companies under the Security Exchange Commission are required to report their financial information along with appropriate disclosures as per the US GAAP. Fazer Group is based
5 pages (1250 words) Essay
ACC 501 Case Assignment SLP (Accounting for Cesision Making
stakes can mislead users of the financial information about the reality of the business and its financial situation (Weygandt, Kimmel, & Kieso, 2010). Incorrect reporting of closing inventory would not only overvalue company’s assets and hence, the size of the company’s
4 pages (1000 words) Essay
ACC 501 Case Assignment SLP (The Nature Organization and Contemporary Environment
As in the case of incorrect valuation of inventories being overstated has a negative impact on the book value of the company and at the same time it causes costs of goods sold to be understated. The understatement of cost of goods sold has a positive
4 pages (1000 words) Essay
Assignment of Acc
S., 2003, pp. 98).. There are number of author’s in the world, which regarded organizations as a place in which there are hundreds of employees are working for a single and unified action, which is to increase the financial benefits
6 pages (1500 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation