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control accounts - order
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ASSIGNMENT 1
(a) Explain the purposes for which control accounts are prepared.
(b) The balances and transactions affecting the control accounts of delta Ltd. for the month of November 1997 are listed below:-
Sh.
Balances on 1 November 1997:
Sales ledger
9,123,000
(debit)
211,000
(credit)
Purchases ledger
4,490,000
(credit)
88,000
(debit)
Transactions during November 1997:
Purchases on credit
18,135,000
Allowances from suppliers
629,000
Receipts from customers by cheques
27,370,000
Sale on credit
36,755,000
Discount received
1,105,000
Payments to creditors by cheques
15,413,000
Contra settlements
3,046,000
Bills of exchange receivable
6,506,000
Allowances to customers
1,720,000
Customers cheques dishonored
489,000
Cash received from credit customers
4,201,000
Refunds to customers for overpayments
53,000
Discounts allowed
732,000
Balances on 30 November 1997
Sales ledger
136,000
(credit)
Purchases ledger
67,000
(debit)
Required:
The sales ledger and purchases ledger control accounts for the month of November 1997 and show the respective debit and credit closing balances on 30 November 1997
ASSIGNMENT 2
On 31 December 2001, an inexperienced bookkeeper working for john, a sole trader extracted a trial balance. Due to errors committed by the bookkeeper, the trial balance failed to balance by Sh 369,400. He placed the difference in a suspense account as shown below:
John trial balance as at 31 December 2001
Sh
Sh
Fixed assets – cost
832,000
Stocks:
1 January 2001
148,000
31 December 2001
98,800
Trade debtors
76,000
Prepayments
10,000
Trade creditors
34,600
Bank overdraft
15,200
Accruals
16,000
Drawings
359,600
Capital
1,054,000
Sales
1,043,200
Provision for depreciation
166,400
Purchases
733,000
Operating expenses
126,000
Provision for doubtful debts
3,800
Discounts received
5,000
Discounts allowed
5,800
Suspense account
________
369,400
2,548,400
2,548,400
Investigations carried out after preparing the above trial balance detected the following errors:
1. The total of the sales daybook for December 2001 was overcast by Sh 25,700.
2. On July 2001, the business purchased office equipment for Sh 40,000. These were debited to purchases account. Depreciation on the equipment is at the rate of 10% per annum on cost and based on the period (months) of usage in the year.
3. A payment to a creditor by cheque of Sh. 8,500 was erroneously credited to the creditor's account.
4. A payment of Sh. 4,500 for telephone expenses was debited to telephone account as Sh 5,400.
5. An amount of Sh 15,000 received from a debtor was not posted to the debtor's account from the cashbook.
6. Purchases daybook for October 2001 was under cast by Sh 28,000.
Assume the business had reported a net profit of Sh 85,800 before adjusting for the above errors.
Required:
(a) The adjusted trial balance and the correct balance of the suspense account.
(b) Journal entries to correct the errors (Narrations not required)
(c) Suspense account starting with the balance determined in the adjusted trial balance in (a) above.
(d) The adjusted net profit for the year.
Financial Analyses - order
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Financial Analyses
Financial Analyses
Have you ever wondered why a 16-ounce beverage costs only a little more than the 12- ounce serving? Chances are that the company producing the beverage conducted a financial analysis to determine the cost of the beverage versus what the market would bear as far as price.
An important aspect of looking at alternative courses of action in marketing strategy is performing a financial analysis. Before deciding on a course of action, marketing professionals need to understand the economic consequences of each alternative course of action. The Harvard Case Study, "Note on Marketing Arithmetic and Related Marketing Terms" by Star, Heskett, and Levitt (1974), defines several financial terms and explains formulas you might use to calculate the effects of changes to a marketing program. For example, by using the equations in this article, you could determine how many additional units of a product your company would need to sell to maintain profitability if you increase the variable cost associated with manufacturing it.
For this Application, you verify your understanding of several key concepts.
To prepare for the assignment:
- Read the Star, Heskett, and Levitt article found in this week's readings. At the end of the article, read the "Brand X" scenario contained within the Exercises (but do not answer the questions that follow).
- Review the calculations contained in the Marketing Arithmetic Calculations spreadsheet in this week's Readings, which demonstrates how to arrive at the values requested in questions 1 through 4 of the article.
- Experiment with changing initial data values listed at the top of the spreadsheet, paying attention to the effects those changes have on the calculated values listed under each question.
Submit by Day 7 the completed Marketing Arithmetic Exercise Calculations spreadsheet. In addition, submit a separate Word document in which you answer the following questions:
- If the retail price is fixed at $1.00, what effect does increasing the retail and wholesale margins have on the manufacturer's selling price? Explain why this is the case.
- Define unit contribution in your own words. Is a high or low unit contribution preferable for profitability? Justify your answer.
- How do increases in the retail and wholesale margins (again, with a fixed retail price) affect the unit contribution? Be sure to explain why.
- If you increase any of the fixed cost factors, what happens to 1) the number of units the company needs to sell to break even and 2) the market share necessary to break even? If fixed costs rise, is this good, bad, or of no importance? Explain your answer.
- What change (increase or decrease) to the following factors increases the profit impact and why?
- Retail margin/unit
- Brand market share
- Advertising budget
- Many marketing decisions have multiple implications. For example, while increasing price improves profit per unit, too large a price increase may decrease unit sales, ultimately decreasing profits overall. Keeping this kind of tradeoff in mind, explain how changes to the three factors mentioned in the prior question could potentially conflict with one another in terms of strategy for increasing the profit impact.
Tips for working with the spreadsheet:
- The sheet has been set up so the initial data values remain at the top while you scroll down through the remainder of the sheet. For this exercise, you should only need to edit initial data values, not the formulas in the cells below.
- Read the cell comments to the right of cells C25, C32, and C40 for tips on understanding the formulas.
General Guidance on Assignment Length: Your Word document will typically be 3–4 pages in length (1.5 to 2 pages, if single spaced). Refer to the Week 7 Assignment Rubric for specific grading elements and criteria for this assignment. Your Instructor will use this rubric to assess your work.
To submit your completed spreadsheet, do the following:
- Save your spreadsheet as an ".xls" file with the filename "WK7AssgnP1+last name+first initial.xls". For example, Sally Ride's filename would be "WK7AssgnP1RideS.xls".
- To upload your spreadsheet, click on Assignments on the course navigation menu, and then click the "Assignment Part 1 – Week 7" link.
Assignment 1: Accessing Oracle - order
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ASSIGNMENT INFORMATION
Assignment 1: Accessing Oracle
Due Week 1 and worth 10 pointsYour instructor will provide you with login credentials to a Strayer University maintained Oracle server. Once you have received these credentials, you will need to log in to the Oracle server and document your login to verify your credentials work and you can complete the activities later in the course. This assignment requires the use of a snipping tool or print screen option on a keyboard to document the completion of this assignment.
Write a one to two (1-2) page paper in which you:
- Use the print screen option on a keyboard or a snipping tool to capture screen shots of your telnet session into the Oracle server. Note: The graphically depicted solution is included in the required page length.
- Briefly describe the steps used to log into the Strayer Oracle server.
Your assignment must follow these formatting requirements:
- Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
- Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
- Include diagrams or screen shots created through the use of a snipping tool or print screen keyboard option. The completed diagrams / screen shots must be imported into the Word document before the paper is submitted.
The specific course learning outcomes associated with this assignment are:
- Use technology and information resources to research issues in the strategic implications and management of database systems.
- Write clearly and concisely about topics related to the strategic planning for database systems using proper writing mechanics and technical style conventions.
Click here to view the grading rubric.
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pp Inventor Lab
I have 3 labs to be completed. First one is almost finished, second one did not start, and third one is almost finished too. Contact me chown_chmod@homeworkmarket.com or chat with me to get the files. Here are the files https://drive.google.com/open?id=0B_jvHCW9njTIMFA2Z0Z2ZWNMUE0
Lab 10 and 12 are almost done so there is not that much work left. Lab 11 is where most work should be done. Do not ask how much I am willing to pay. It is the price that is attached to this hw. I only need to finish Labs not reports. So ignore reports.
Look at the files and let me know by sending an offer.
I have 3 labs to be completed. First one is almost finished, second one did not start, and third one is almost finished too. Contact me chown_chmod@homeworkmarket.com or chat with me to get the files. Here are the files https://drive.google.com/open?id=0B_jvHCW9njTIMFA2Z0Z2ZWNMUE0
Lab 10 and 12 are almost done so there is not that much work left. Lab 11 is where most work should be done. Do not ask how much I am willing to pay. It is the price that is attached to this hw. I only need to finish Labs not reports. So ignore reports.
Look at the files and let me know by sending an offer.
"Treat Them Right" Please respond to the following: - order
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Treat Them Right"
PART 1
PLEASE RESPOND THE FOLLOWING QUESTIONS NO LESS THEN 350 WORDS (ORIGINAL WORK, NO PLAGIARISM, 1 REFERENCE)
This weeks concepts The changing face & Modern Business creativity & Critical Thinking Impact of Supply & Demand on Modern Business
"Treat Them Right" Please respond to the following:
- Watch the video below, and then answer the discussion question that follows at the end.
- Suggest 3 ways Supply & Demand wil Impact Jennifers New Department
- Explain how Jennifers Department can respond to forces of Suppy & Demand while also ensuring customers are treated ethically
PART 2 Please generate an answer for the discussion that I will provide via massage (this discussion is from a only student that I have to reply back no less than 250 words(ORIGINALWORK, NO PLAGIARISM, 1 REFERENCE)
PART 1
PLEASE RESPOND THE FOLLOWING QUESTIONS NO LESS THEN 350 WORDS (ORIGINAL WORK, NO PLAGIARISM, 1 REFERENCE)
This weeks concepts The changing face & Modern Business creativity & Critical Thinking Impact of Supply & Demand on Modern Business
"Treat Them Right" Please respond to the following:
- Watch the video below, and then answer the discussion question that follows at the end.
- Suggest 3 ways Supply & Demand wil Impact Jennifers New Department
- Explain how Jennifers Department can respond to forces of Suppy & Demand while also ensuring customers are treated ethically
PART 2 Please generate an answer for the discussion that I will provide via massage (this discussion is from a only student that I have to reply back no less than 250 words(ORIGINALWORK, NO PLAGIARISM, 1 REFERENCE)
Guidelines for the Polaroid case" - order
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Requirements:
I expect two files in one Excel (having all the graphs, tables and data for SPC) and one words with answers for the question I have given in the "Guidelines for the Polaroid case"
Remember this is individual work. The work should be your original- not to be found in any other source Google, turn-in or any where. You can understand the plagiarism is no- no. It can be check for plagiarism any time and any number of times.
In this case most important issue is to draw SPC charts as required and interpret. so, q2 is most important. Here you have to draw SPC charts for weight and height. Then you may also want to draw individual charts for each shift. So, you will end up making 8 SPC diagrams in total. But, if you make it one time using excel (or any other software) drawing more can be added labor but not much difficult.
q3 should be should be based on your findings based on q2.
q1 is mostly about your understanding to total quality management process.
1. Discuss, the magnitude of cost of quality in R2 plant. And, how Rolf's project Greenlight is supposed to reduce the cost of quality. Especially, discuss what Rolf has been doing in light of difference between the providing quality products by after the fact sample testing and rejecting vs. controlling the production process using SPC techniques. (Hint Read chapter 10 and also skim through chapter 11 of your textbook. Think which the two process is more representative of Toyota Production System.)
2. You have to construct SPC charts for weight and height. Construction, analysis and insights from SPC are the center piece of this case. Data are on Exhibit 3 and Exhibit 6. (In have shown you how to draw SPC using the example in the book. It is slightly different here, because they use different data to calculate the x double bar, R bar, upper and lower control limits for x bar charts and R chart. Otherwise the process is not very different.) a. Use data on exhibit 3 to find x double bar, R bar, upper and lower control limits for x bar charts and R chart. b. Use data on Exhibit 6 to make SPC charts (x bar and R), for weight and height. c. Most important is analyze the Charts. d. In order to analyze, in detail, you have to draw separate charts (x bar and R), for weights as well as height for each of the different shifts. e. Give detail analysis of whether the process is in control. You should analyze for height, for weight for each of the shifts here.
3. One of the very important methods for brainstorming in order to find the root cause of the problems is Ishikawa Diagram (refer to page 238 in your text book.) In order to find the cause you have to identify all the issues (related to people, machine, method and materials). Please try to draw the diagram and use this to suggest improvements.
4. Conclusion.