Research Paper

Description
*THIS IS NOT A PAPER, IT IS A POWERPOINT SLIDE PRESENTATION*
Select a country of your choice. Conduct research on their economy and write a report. The report should include but is not limited to:
Background:
Geography and political systems
Real GPD- Discuss trend over last 3 years
• Total value and per capita value
• Real growth rate
• Components GDP (by end user: C+I+G+ Net exports)
• Components of GDP (by sector: agriculture, mining, tourism etc.)
Unemployment
• Unemployment rate
• Labor force participation rate
• Labor force by occupation
Government Spending/Borrowing
• Total budget
• Budget deficit/surplus
• Size of national debt
• National debt as a % of GDP

International Trade
• Main trading partners
• Types of products imported and exported

Assignment 2

ACCY211: Management Accounting II 
Type of assessment task: Assignment 3 
Due date: Week 12 in your enrolled tutorial class. 
QUESTION 1 30 marks 
Sutherland University offers only high-tech graduate-level programs. It has two principal operating departments, Engineering and Computer Sciences, and two support departments, Facility and Enrolment Services. The base used to allocate Facility is budgeted total maintenance hours. The base used to allocate Enrolment Services is number of credit hours for a department. The following chart summarizes budgeted amounts and allocation-base amounts used by each department: 
Support Departments Operating Departments 
Budgeted costs Facility Enrolment Engineering Computer 
Sciences 
$350,000 $950,000 $1,500,000 $2,000,000 
Maintenance hours Zero 1,000 2,000 5,000 
Credit hours 16,000 Zero 24,000 36,000 
Required: 
(a) Using the direct method, what amount of support department costs will be (10 marks) allocated to the Engineering department? 
(b) Using the step-down method, what amount of support department costs will be (10 marks) allocated to the Engineering department if the service department with the highest dollar amount is allocated first? 
(c) Describe the key features of the reciprocal method and express support (5 marks) department costs and reciprocal relationships in the form of linear equations. 
(d) What is conceptually the most defensible method for allocating support- (5 marks) department costs? Why? 
QUESTION 2 40 marks 
Amber Company uses a standard cost system and sets predetermined overhead rates on the basis of direct labour hours. The following data are taken from the company’s budget for the current year. 
Denominator activity 4,500 units 
Variable manufacturing overhead (9,000 direct labour hours @$3.80) $34,200 
Fixed manufacturing overhead cost $63,000 
Predetermined overhead rate ( $97,200÷9,000 direct labour hours) $10.80 
The standard cost card for the company’s only product is given below: 
Standard Quantity or hours Standard price or rate Standard cost 
Per Unit 
Direct materials 4 kilograms $2.60 per kilogram $10.40 
Direct labour 2 direct labour hours $9 per direct labour hour 18.00 
Variable overhead 2 direct labour hours $3.80 per direct labour hour 7.60 
Fixed overhead 2 direct labour hours $7 per direct labour hour 14.00 
Total standard cost $50.00 
During the year, the company produced 4,800 units of product and incurred the following costs: 
Quantity Amount 
Direct materials purchased 30,000 kilograms $75,000 
Direct materials used. 20,000 kilograms 
Direct labour 10,000 hours $86,000 
Variable manufacturing overhead cost $35,900 
Fixed manufacturing overhead cost $64,800 
Required: 
(a) Prepare an analysis of the variances for materials and labour for the year. (12 marks) 
(b) Prepare an analysis of the variances for variable and fixed overhead for the year. (18 marks) 
(c) Based on the results from your analysis above, comment on the cost control efficiency of the company. (10 marks) 
QUESTION 3 30 marks 
Yokohama Company produces baseball bats for kids that it sells for $36 each. At capacity, the company can produce 50,000 bats a year although company is currently producing and selling 40,000 bats. The costs of producing and selling 50,000 bats are as follows: 
Cost per Bat Total costs 
Direct materials $13 $650,000 
Direct manufacturing labour 5 250,000 
Variable manufacturing overhead 2 100,000 
Fixed manufacturing overhead 6 300,000 
Variable selling expenses 3 150,000 
Fixed selling expenses 2 100,000 
Total costs $1,550,000 
Required: 
(a) Bench Company wants to place a one-time special order for 10,000 bats at $23 each. Yokohama Company will incur no variable selling costs for this special order. Should Yokohama Company accept this one-time special order? Show your calculations. (15 marks) 
(b) If Yokohama Company is currently producing and selling 50,000 bats, on financial consideration alone should Yokohama Company accept this one-time special order? (10 marks) 
(c) Identify and briefly discuss other factors Yokohama Company should consider in deciding whether to accept the one-time special order (5 marks