Category: Writing

A company produces to a seasonal demand, with the forecast for the next 12 months as given below.
Month
Demand
January
600
February
700
March
800
April
700
May
600
June
500
July
600
August
700
September
800
October
900
November
700
December
600
The present labor force can produce 500 units per month. Each employee added can produce an additional 20 units per month and is paid $1000 per month. The cost of materials is $30 per unit. Overtime can be used at the usual premium of time and a half for labor up to a maximum of 10 percent per month. Inventory-carrying cost is $50 per unit per year. Changes in production level cost $100 per unit due to hiring, line changeover costs, and so forth. Assume 200 units of initial inventory. Extra capacity may be obtained by subcontracting at an additional cost of $15 per unit over and above the company’s producing them itself on regular time.
Provide a detailed cost breakdown for using a level vs. a chase strategy to meet the increased demand.
Which strategy do you recommend?
How much savings would result from the plan you recommend?

histQuestion 2 [10 marks]
History of accounting –
essay
Accounting is considered to be one of the world’s oldest professions.
Prepare an essay discussing the origins of accounting, and how accounting practices have changed over time. (Word count: Approximately 1,400 – 1,800 words in total).
Question 3 [10 marks]
Ethics in accounting
Chartered Accountants Australia and New Zealand (CAANZ) and Certified Practising Accountants Australia (CPAA) have a joint code of ethics for professional accountants, issued through the Accounting Professional and Ethical Standards Board (APESB).
Required:
i) List and explain each of the ethical principles in the code of ethics. In your discussion, provide an illustrative example of how each of these principles would be applied by accountants in a particular scenario.
ii) When faced with an ethical dilemma, what should accountants do? (You will need to undertake some research to answer this). Provide an example of an ethical dilemma that an accountant might be faced with, and explain what steps should be taken to resolve it.
Rationale
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This assessment task will assess the following learning outcome/s:
be able to apply conceptual and technical aspects of accounting and prepare relevant business financial statements.
be able to discuss the historical development of accounting.
be able to appraise the use of information technology including spreadsheet software in accounting problem solving, and evaluate the Internet as a professional resource.
be able to demonstrate relevant business communication skills including report writing.
be able to contextualise and evaluate accounting information for decision making purposes.
be able to explain the importance of ethics in accounting.
In today’s business environment we need verbal skills, writing skills, numeracy skills AND digital literacy skills. All of these skills are assessed throughout this subject. The early questions in this assignment are designed to assess your digital literacy in a business/accounting environment.
This assignment is designed to give you an opportunity to demonstrate knowledge and skills in aspects of accounting and information systems including technical issues as well as concepts such as the accounting equations, cash and accrual accounting, current and non-current assets and liabilities, trial balance, worksheets, income statement, statement of changes in equity, balance sheets and the application of spreadsheet software to the presentation and solution of accounting problems.ory of accounts

a) Explore and reflect on self- development as a leader
to build self-awareness.
b) Through critical reflection on key leadership theories
develop a personal leadership development strategy.
c) Analyse and develop the capacity to influence,
motivate and inspire others in your workplace and/or
community organisations.
d) Implement and practice coaching others to enhance
self-awareness and core communication skills for
emotional intelligence, with emphasis on active listening,
building empathy, giving and receiving feedback.
e) Demonstrate the technique of reflective and reflexive
practice as a means of continuous learning and selfdevelopment.
Attachments:
3298334_1_MGT601-Assessment-2-Brief–1-