Chat with us, powered by LiveChat ACC202 MANAGEMENT ACCOUNTING ASSIGNMENT worth 20% - Writedi

ACC202 MANAGEMENT ACCOUNTING ASSIGNMENT worth 20%

ACC202 MANAGEMENT ACCOUNTING ASSIGNMENT worth 20% Due Week 10 tutorial time Argos Ltd manufactures a product called the jumbuck and it sells it to various merchandising firms such as The Jumbuck Place (JP), The House Of Jumbucks(HOJ),Jumbucks For Us(JFU),Super Jumbucks(SJ),Mega Jumbucks(MJ) and Aussie Jumbucks(AJ).The list price of the jumbuck is $55 and the full manufacturing cost to make a jumbuck is $32 .Salespeople receive a commission based on the number of orders written not on sales revenue generated or number of units sold. Salespeople receive a commission of $22 per order written. Argos makes products based on anticipated demand .It carries an inventory of jumbucks so that rush orders do not result in any increase in the manufacturing cost. Argos ships finished product to the customer at no additional charge to the customer for either a regular or an expedited delivery.Argos has considerably higher costs for expedited deliveries than for regular deliveries ..Customers occasionally return shipments to Argos and these returns are subtracted from gross revenue.Customers are not charged a restocking fee for returns . Expected and actual customer level cost driver rates are : Order taking(excluding sales commission) $25 per order Product handling $2 per unit Delivery $0.40 per mile driven Expedited (rush) delivery $300 per shipments Restocking $80 per returned shipment Visits to customers $125 per customer Because salespeople are paid $22 per written order they frequently break up their larger orders received into multiple smaller orders. Information about Argos Ltd’s clients are : JP HOJ JFU SJ MJ AJ Total number of units purchased 250 550 320 130 450 1200 Number of orders received 3 15 3 4 5 15 Number of actual orders written 6 15 8 7 20 30 Number of kilometres driven for deliveries 420 620 470 280 806 900 Number of units returned 20 35 0 0 40 60 Number of returned shipments 2 1 0 0 2 6 Number of expedited deliveries 0 6 0 0 2 5 Required: (a) Calculate the customer level operating profit for each of the above merchandising firms based on the actual number of orders written . (b) Prepare a customer profitability analysis ranking the firms from most to least profitable showing the level of net operating profit, revenue and revenue/profit by percentage. (c) Recalculate the customer level operating profit based on the number of actual orders received,assuming that sales commission will also be based on this number of orders received. Discuss the differences between the profit for the various firms and those for the firms in part (a) when actual orders written was used . (d)Discuss what should be done to improve the profitability of the firms .Here suggestions of improvements need to cover both the more profitable and less profitable firms. ( e)Accountants are required to follow APES110 Code of Ethics for Accountants.Section 100.5 sets out the five fundamental principles to be followed by professional accountants in Australia.List these five fundamental principles and discuss whether any ethical principles have been breached by the salespeople and if any have been breached state which principle has been breached and why.

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

If you are looking for the most professional Company that confidentially produces the highest quality research and writing, we are your perfect source. We will offer you 100% ORIGINAL WRITING WITH FREE REVISIONS. All our papers are written from scratch.

How to Order

Click place order to open our order form.

Fill in paper details correctly and pay

Receive your plagiarism free paper as per your set deadline