Description
Instructions – PLEASE READ THEM CAREFULLY
- The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
- Assignments submitted through email will not be accepted.
- Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
- Students must mention question number clearly in their answer.
- Late submission will NOT be accepted.
- Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
- All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
- Submissions without this cover page will NOT be accepted.
Assignment Question(s): (Marks 15)
Q1. ABC Company has equipment and it considers whether to sell it directly at a price of SR 50,000 or to make some modifications costing SR 5,000 to sell it at a price of SR 60,000.
Required: using the differential analysis which alternative do you recommend about the equipment. (2 marks)
Answer:
Q2. The following data pertain to the Whalen Division of Northern Industries.
The margin at Whalen was exactly the same in Year 2 as it was in Year 1.
Required: Find out the unknown information in the table given. 8 Marks
Hint: The following are the related formulas for your use.
Answer:
Q3. The Phelps Company applies overhead costs to products on the basis of standard direct labor-hours. The standard cost card shows that 5 direct labor-hours are required per unit of product. Phelps Company had the following budgeted and actual data for March:
The budgeted direct labor-hours is used as the denominator activity for the month.
Calculate the variable overhead efficiency variance for March. (2 marks)
Answer
Q4. The capital budgeting techniques that best recognize the time value of money are those that involve discounted cash flows. Explain both discounted and non- discounted methods with numerical examples. (3 marks)
Answer:
More Instructions:
– It is preferable not to use AI (artificial intelligence )programs for answers.
– Please do not copy any answer from any external source or any external document or book.
– One sentence copied = 0 marks
– Please put the solution inside the questions file that was sent
-Please put the answer dirctly below the question.
– Please write the number of words of the answers based on the number required for each question (if any)
– please follow the instructions at the beginning of the file, do not copy, font type, font size, paragraph, etc.
– Add references to the sources of the answers, at least 6 references
