Question: Please help us with solution , the due date of our homework is Thursday (we open the account just for this question ) Fines cost

 Please help us with solution , the due date of our

Please help us with solution , the due date of our homework is Thursday (we open the account just for this question )

Fines cost Lin Financial Information Handbags Walleta Suitcases SAR 1,000.00 SAR 500.00 SAR 1,500.00 Seling Prico per unit Direct Matenials (leather) cost per meter SAR 430.00 SAR 230.00 SAR 500 00 Metera ol materials(leather) required per unit 2 Direct Labour hour cost Sales commission per item sold Variable manulacturing overhead per unit SAR 15.00 SAR 1000 SAR 17 00 Number of labour hours per urit Budgeted sales in units Your group has been employed as the management accountants for Fashion Oesigners Ltd and have been asked to prepare a report to the board of directora outlining the foltcwing SAR 30.00 SAR 1500 SAR 32.00 SAR 10.00 SAR 500 SAR 13.00 per unit blowing a) Using te ntrmat on above, cabudade Which product is pertorming tho best? 240 270 100 Caiculate the overal break -even point in sales value for the company and the break-even point io sales vatue for each product ine a) Other costs: Production manager annual salary SAR 60 000 Annual marketing costs General Expenses Annual Fixed manutacturing overhead (excludng depreciation) SAR7 000 (20% relates to handbags) - t the seling proice of handbags is increased to SAR 1,500 per unit, what wl be he increase in overail prolit SAR 12000 SAR 5,000 What level of sales (vakue) must the company achieve to make a profit of SAR 200,000. Using the original Information presonted, draw a CVP graph outining the costa, break-even point and profit and loss area for Fashion Designers Ltd and comment on the overal performanice of the cormpany b) The company bought specialised equipment 5 years ago which cost SAR120.000. The usaful life of this equipment is 10 years Deprociation is alocated to manufacturing overhead expenses c) The company had 3 handbags and 10 meters of leather in stock at the ond b) The company a considering eliminating sales commission and increasing of June. the implications of making this decision on the salaries by overall break -even point in sales value and the overall profit or loss far the d) Company policy is to maintain 25% of the folowing months sales lvel as dosing inventory for inished gooda e) Company policy to mentan 25% of neat morts producin neediu c) The company is considering discontinuing tho manufacture of suitcases and closing inventory for direct materials have ai ed you to advse tem on tas dodson (40% of annual marketing costs relate speciicaly to this product and SAR2.000 of general expensea is directly atributable to this product) ) Budgeted sales of handbags for the next six months are as folows July ugust September October November December 20 36 60 20 20 20 9) Cash collections on saes are as followa: d) Using tho information above, prepare the master budget for handbags only 60% inte month of sale for the quater ending 30 September 2017 Receivables at the end of June were SAR 3.000 e) Outine the advantages and disadvantages of traditional budgeting and advise n) Cash payrnenls on purchases are as the oompary on whether they should consider implementing the balanced scorecard systom. 55% in tremor th of purchase 45% ,n the blong month Payables at the ond of June were SAR 5,000 ) The closing cash balance in June 2016 was SAR 40.000 and policy to mairtain cash at this level at hie end of each monit company Fines cost Lin Financial Information Handbags Walleta Suitcases SAR 1,000.00 SAR 500.00 SAR 1,500.00 Seling Prico per unit Direct Matenials (leather) cost per meter SAR 430.00 SAR 230.00 SAR 500 00 Metera ol materials(leather) required per unit 2 Direct Labour hour cost Sales commission per item sold Variable manulacturing overhead per unit SAR 15.00 SAR 1000 SAR 17 00 Number of labour hours per urit Budgeted sales in units Your group has been employed as the management accountants for Fashion Oesigners Ltd and have been asked to prepare a report to the board of directora outlining the foltcwing SAR 30.00 SAR 1500 SAR 32.00 SAR 10.00 SAR 500 SAR 13.00 per unit blowing a) Using te ntrmat on above, cabudade Which product is pertorming tho best? 240 270 100 Caiculate the overal break -even point in sales value for the company and the break-even point io sales vatue for each product ine a) Other costs: Production manager annual salary SAR 60 000 Annual marketing costs General Expenses Annual Fixed manutacturing overhead (excludng depreciation) SAR7 000 (20% relates to handbags) - t the seling proice of handbags is increased to SAR 1,500 per unit, what wl be he increase in overail prolit SAR 12000 SAR 5,000 What level of sales (vakue) must the company achieve to make a profit of SAR 200,000. Using the original Information presonted, draw a CVP graph outining the costa, break-even point and profit and loss area for Fashion Designers Ltd and comment on the overal performanice of the cormpany b) The company bought specialised equipment 5 years ago which cost SAR120.000. The usaful life of this equipment is 10 years Deprociation is alocated to manufacturing overhead expenses c) The company had 3 handbags and 10 meters of leather in stock at the ond b) The company a considering eliminating sales commission and increasing of June. the implications of making this decision on the salaries by overall break -even point in sales value and the overall profit or loss far the d) Company policy is to maintain 25% of the folowing months sales lvel as dosing inventory for inished gooda e) Company policy to mentan 25% of neat morts producin neediu c) The company is considering discontinuing tho manufacture of suitcases and closing inventory for direct materials have ai ed you to advse tem on tas dodson (40% of annual marketing costs relate speciicaly to this product and SAR2.000 of general expensea is directly atributable to this product) ) Budgeted sales of handbags for the next six months are as folows July ugust September October November December 20 36 60 20 20 20 9) Cash collections on saes are as followa: d) Using tho information above, prepare the master budget for handbags only 60% inte month of sale for the quater ending 30 September 2017 Receivables at the end of June were SAR 3.000 e) Outine the advantages and disadvantages of traditional budgeting and advise n) Cash payrnenls on purchases are as the oompary on whether they should consider implementing the balanced scorecard systom. 55% in tremor th of purchase 45% ,n the blong month Payables at the ond of June were SAR 5,000 ) The closing cash balance in June 2016 was SAR 40.000 and policy to mairtain cash at this level at hie end of each monit company

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

\f