[代写范文]编号171266 英国会计论文代写

这是我们在2017年为英国谢菲尔德大学的客户代写的一篇范文essay,是一篇management accounting的case study,以下是我们节选的分享片段。

i. The difference in dollar amount of Gross Profit over the two years presented.

The reported gross profits in both two years are 36,000. Thus, there is no difference in amount of gross profit over the two years.

ii. Determine the Gross Profit % for each year.

Current YearPrevious Year
Gross Profit36,00036,000
Net Sales100,00090,000
GP %36%40%

iii. Based on Gross Profit % above, which year is more profitable?

Gross profit in current year is 36%, which is lower than that in previous year. Therefore, previous year is more profitable from the perspective of gross profit percentage.

iv. Based on your knowledge of traditional cost accounting system and related analytical tools: 1. Identify for each of the presented years, whether the variances used to adjust the standard Cost of Sales are favorable or unfavorable. 2. Provide a brief explanation of the noted change in variances above over the presented years.

Current Year Amount:

F/U*

Previous Year Amount: F/UExplanation
1Material Price Variance

 

(3,000) F10,000 UThe actual material price per unit in the current year has been better controlled, which is lower than the standard price per unit.
2Material Usage Variance

 

(2,000) F5,000 UThe actual quantity per unit consumed in the current year is lower than the standard quantity. It means that the company performs better in material usage control in the current year.
3Labour Efficiency Variance

 

7,000 U(8,000) FThe actual hours per unit are higher than the standard hours per unit in the current year. Labour efficiency has decreased.
4Labour Rate Variance

 

(2,000) F9,000 UThe actual rate per hour paid to labour is lower than the standard. It saves the current year’s labour cost.
5Overhead Volume Variance

 

2,000 U2,000 UBoth two years perform the same unfavourable overhead volume variance. Both two years’ actual units produced are less than the budgeted.
Overhead Spending Variance

 

(2,000) F8,000 UThe current year’s actual variable overhead per unit is less than the standard. A better management over variable overhead is achieved in the current year.
7Overhead Efficiency Variance

 

16,000 U(17,000) FThe current year has used more hours then the standard, but the previous year is on the contrary. It indicates inefficient use of overheads in the current year

*F: Favourable variance, U: Unfavourable variance

a. Lean Income Statement (Table 2).
i. Prepare a vertical analysis by calculating the percentage of each component of Cost of sales to Net Sales. (Round to the hundredth, two decimals).

Current Year%Previous Year%
Net Sales         100,000100%     90,000100%
Cost of Sales:
Purchases           25,30025.3%     34,90038.78%
Inventory Material: (increase)/decrease             6,0006%(6,000)(6.67%)
Total Material Costs           31,30031.3%     28,90032.11%
Processing Costs:
Factory Wages           11,00011%     11,50012.78%
Factory Salaries             2,1002.1%        2,0002.22%
Factory Benefits             7,0007%        5,0005.56%
Services and Supplies             2,2002.2%        2,5002.78%
Equipment and Depreciation             2,0002%        1,9002.11%
Scrap             2,0002%        4,0004.44%
Total Processing Costs           26,30026.3%     26,90029.89%
Occupancy Costs:
Building Depreciation                2000.2%           2000.22%
Building Services             2,2002.2%        2,0002.22%
Total Occupancy Costs             2,4002.4%        2,2002.44%
Total Manufacturing Costs:           60,00060%     58,00064.44%
Inventory/Labor, Overhead: (Increase)/Decrease             4,0004%(4,000)(4.44%)
Cost of Sales           64,00064%     54,00060%
Gross profit           36,00036%     36,00040%

ii. Calculate the increase or decrease (as a percent of Net sales) for the following components below and comment on their changes.

Current Year %Previous Year %Increase/(Decrease) %Explanation and interpretation of changes
Inventory Material: (increase)/decrease

 

 

6%(6.67%)12.67%Inventory material increases in the current year. It affects the company’s profitability. The company needs to control its inventory material cost.
Total Processing Costs

 

 

26.3%29.89%(3.59%)The proportion of total processing costs to the net sales has decreased by 3.59%. The saved processing costs positively affect profitability.
Total Occupancy Costs

 

 

2.4%2,44%(0.04%)The proportion of total processing costs to the net sales has decreased by 0.04%. It enhances the profitability.
Inventory/Labor, Overhead: (Increase)/Decrease

 

4%(4.44%)8.44%The proportion of overhead to the net sales has increased by 8.44%. This change hinders the profitability largely.
Cost of Sales

 

 

 

64%60%4%The proportion of costs of sales to net sales has increased by 4%, indicating a weaker profitability in the current year.
Gross profit

 

 

 

36%40%(4%)The gross profitability in the current year has decreased by 4%. It means that the company’s profitability becomes weaker.

iii. In your opinion and based on your analysis above, which year demonstrates a better performance?(Max. 50 words)

The previous year has demonstrated a better performance. Although the current year’s sales increase by 10,000, the increasing revenues have not generated extra profits as two years report the same profit. A worse control over costs contributes to the result largely. It indicates a weaker profitability in the current year.

b. Which income statement presentation provides a better basis for managerial performance assessment: Lean or Traditional? Justify in terms of profitability and operational efficiency (Waste reduction). (Max. 50 words)

Lean costing system is better for managerial performance. The current year’s profitability becomes weaker. Through the lean income statement, it can be seen that processing costs and occupancy costs are saved but inventory material and overheads affects the operating efficiency. Thus, controlling inventory material and overheads are critical for profitability.

这篇essay既有案例分析的文字,也有计算的题目,对写作的要求很高,对知识的掌握程度也同时有很高的要求,和大家分享一下,有需要会计论文代写的同学可以联系我们.

相关阅读

  • [代写范文]编号171223 加拿大会计原理代写 这是我们2017年为加拿大多伦多北郊的约克大学的客户创作的一篇关于accounting theory 的essay,以Role of conceptual framework for financial accounting为题,全文1500字,开头首先介绍相关背景,以introduction的形式让读者明白本文的主要作用。 According to IASB […]
  • [代写范文]编号171362–美国纽约大学管理会计论文代写 这是我们在2017年为美国纽约大学的学弟学妹们写的一篇管理会计类essay,首先开头introduction介绍essay背景和相关信息,威尔克森公司(WC)是一家制造企业,通过加工半成品零件为水净化设备提供零件。 它加工了三种产品,即阀门,泵和流量控制器。 其中三种阀门是标准产品,可以批量生产和运输,也可以自动将4个部件装配在夹具上; […]
  • [范文代写]编号171344–英国基础法律论文代写 这是我们在2018年为英国谢菲尔德大学的学弟学妹们创作的一篇基础法律的范文,首先交代case题目,布鲁克是否在对谷市议会的疏忽中拥有合法权利? Case 1 Issue: Whether Brooke has legal rights in negligence against the Valley City […]
  • [代写范文]编号171500–英国建筑论文代写 这是我们在2017年为英国谢菲尔德大学的学弟学妹写的一篇建筑史essay,开头部分的introduction先介绍背景信息和文章的主体内容。提出勒•柯布西耶是二十世纪最重要的建筑师之一,毫无疑问,他是城市规划中最伟大的梦想家之一。他设计了许多当时被认为是前卫和开创性的建筑项目。他认为“房子是一个生活的机器”,并预见了预制房屋和其他新的现代生活模式,这些模式在未来会有很大影响。 […]
  • [代写范文]英国会计论文代写范文展示 这是我们在2017年为英国曼彻斯特大学的学弟写的一篇英国会计论文代写范文,首先在开头部分用introduction的方式介绍文章的背景信息,2016年,美国最大的银行Wells […]
  • [代写范文]编号171299 澳洲管理会计论文代写 这是我们在2017年为澳洲墨尔本莫纳什大学的同学创作的一篇management accounting的essay,全文650字,我们截取了片段为大家分享,文中reference众多,给整篇essay很大的理论支撑,让文章看起来饱满、充实、有说服力。 Activity based costing is the (Horngren et al. , 2014) is a […]
  • [代写范文]澳洲昆士兰大学会计作业代写 这是一篇我们在2017年为澳洲昆士兰大学的学妹创作的会计代写范文,这篇essay有文字有计算,我们都分别列举出来给大家展示,首先背景是Doggy Clean私人有限公司正在考虑投资一种新型的具有较高压力低容量水流量系统的狗狗清洗设备。 这样可以减少每次狗狗洗澡时使用的水量,每年可节约约2000升水。 他们期望有些客户会喜欢在昆士兰省节水的好处,而且吸引新客户。 (1) […]
  • [代写范文]编号171255 英国环境论文代写 这是我们2017年为英国利物浦大学的客户创作的一篇环境科学essay,以Smog and Haze in China为题,开篇Introduction主要介绍文章的主题,让读者了解文章的主要内容。 In contemporary China, smog and haze are the severe phenomenon caused by air pollution […]