Assignment 1select One Of The Following Internet Assignments And Write ✓ Solved

Assignment 1 Select one of the following Internet assignments and write a 1 to 1 ½ page paper (3-5 paragraphs) - APA style with a cover page and a reference page, Courier New, 12-pitch, using 1 inch margins. Be sure to include a short summary paragraph with a heading. Internet Exercise #1 – From Chapter 12 The Balanced Scorecard Institute includes client testimonials and success stories on its website at The Institute helps a diverse range of commercial, government and nonprofit organizations develop balanced scorecard and performance management systems. It also recognizes best practices in balanced scorecard (BSC), strategic performance management and measurement, and transformation and change management.

Mecklenburg County was awarded the Institute’s highest award for Excellence in 2008. To learn how, scroll down the Client Testimonials and Success Stories navigation bar in the right-hand navigation bar and click on the Mecklenburg County logo. Then, click on the Read the Case Study link in the box that pops us. Read about how this county’s customer focus positioned it for a tough economy. Write a brief paper (3 - 5 paragraphs) that summarizes this success story.

Internet Exercise #2 – From Chapter 10 Perform an Internet search using the term, flexible budgets, and locate an article (less than one year old) from the results of your search. (Make sure that you do not select an instructor’s lecture notes or a class assignment from the results of your search.) After reading the article, write a brief paper (3 – 5 paragraphs) that summarizes and comments on the article. (Your paper should provide the appropriate citation(s). Assignment 2: Please answer the following questions: Question 1 Miyamoto Jewelers is considering a special order for 10 handcrafted gold bracelets to be given as gifts to members of a wedding party. The normal selling price of a gold bracelet is 9.95 and its unit product cost is 4 as shown below.

Direct Materials ……………………………………..3.00 Direct Labor……………………………………………. 86.00 Manufacturing Overhead……………………….. 35.00 Unit Product Cost……………………………………4.00 Most of the manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, of the overhead is variable with respect to the number of bracelets produced. The customer who is interested in the special bracelet order would like special filigree applied to the bracelets.

This filigree would require additional material costing per bracelet and would also require acquisition of a special tool costing 5 that would have no other use once the special order is completed. This order would have no effect on the company’s regular sales and the order could be fulfilled using the company’s existing capacity without affecting any other order. Required: What effect would accepting this order have on the company’s net operating income if a special price of 9.95 is offered per bracelet for this order? Should the special order be accepted at this price? Question 2 Union Bay Plastics is investigating the purchase of automated equipment that would save 0,000 each year in direct labor and inventory carrying costs.

This equipment costs 0,000 and is expected to have a 10-year useful lift with no salvage value. The company’s required rate of return is 15% on all equipment purchases. This equipment would provide intangible benefits such as greater flexibility and higher-quality output that are difficult to estimate and yet are quite significant. Required: (Ignore income taxes) What dollar value per year would the intangible benefits have to have in order to make the equipment an acceptable investment? Question 3 Chrystal Telecom has budgeted the sales of its innovative mobile phone over the next four months as follows: Sales in Units July………………………………………………………………………30,000 August………………………………………………………………….45,000 September…………………………………………………………..60,000 October……………………………………………………………….50,000 The company is now in the process of preparing a production budget for the third quarter.

Past experience has shown that end-of-month finished goods inventories must equal 10% of the next month’s sales. The inventory at the end of Jun was 3,000 units. Required: Prepare a production budget for the third quarter showing the number of units to be produced each month and for the quarter in total. Question 4 The direct labor budget of Krispin Corporation for the upcoming fiscal year includes the following budgeted direct labor-hours. 1st quarter 2nd quarter 3rd quarter 4th quarter Budgeted direct labor-hours……….

5,000 4,800 5,200 5,400 The company’s variable manufacturing overhead rate is .75 per direct labor-hour and the company’s fixed manufacturing overhead is ,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is ,000 per quarter. Required: 1.Construct the company’s manufacturing overhead budget for the upcoming fiscal year.. 2.Compute the company’s manufacturing overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year. Round off to the nearest whole cent..

Question 5 Air Meals is a company that prepares in-flight meals for airlines in its kitchen located next to the local airport. The company’s planning budget for December appears below: Air Meals Planning Budget For the Month Ended December 31 Budgeted meals (q) …………………………………………………….. 20,000 Revenue (