Posted: October 4th, 2022

How does risk impact decision-making?

Q1. How does risk impact decision-making? Listing the forms of risk that impact enterprise decision-making and supply appropriate examples for every sort of risk within the context of a company.

(three Marks)

Word: Your reply should embrace appropriate examples for every sort of risk. (Week 2, Chapter 1)

Reply:

Q2. Suppose that you’re working in an organization as a value supervisor that’s making a single product. Decide the next values of your personal for this product: (three Marks)

Promoting worth per unit
Variable value per unit
Fastened value
Goal revenue for subsequent yr
After figuring out the values for the above, discover out:

Break-even level in models.
Break-even level in gross sales worth.
Items wanted to succeed in goal pretax revenue (as determined by you in your instance).
Gross sales worth required to succeed in goal pretax revenue (as determined by you in your instance).

Word: You’re required to imagine values of your personal they usually shouldn’t be copied from any sources. (Week four, Chapter three)

Reply:

Q3. Critically analyze the variations between the “Account Assessment Methodology” and the “Two-Level Methodology” of estimating a value perform. Present appropriate examples for every technique by assuming the values of your personal.(three Marks)(Week three, Chapter 2)

Reply:

This fall. Referring to the idea of job costing within the manufacturing sector, establish how you’ll document the next journal entries:(three Marks)

When uncooked supplies are acquired.
When uncooked supplies are despatched to the manufacturing unit ground.
When labor prices are incurred.
When a job is accomplished.
When a job is shipped to a buyer.
Word: You have to assume vital values for every transaction of your personal and put together the journal entries for every case. (Week 5, Chapter 5)

Reply:

Q5. Alpa Ltd. makes use of a course of costing system for its sole processing division. There have been 24,000 models in starting WIP stock for March and 216,000 models have been began in March. The start WIP models have been 60% full and the 19,500 models in ending WIP have been 40% full. All supplies are added firstly of processing.(three Mark)

Required:

a) Compute the no. of models began & accomplished.

b) Compute the EUP for DM and CC utilizing FIFO and WA strategies.(Week 5, Chapter 6)

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