Fiscal policy and economic instability

Develop a one page paper that details the relationship between fiscal policy and economic instability.

Sample Solution

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Introduction to Managerial Accounting

Everything Umbrella Inc. is considering producing a new type of umbrella. This new pocket-sized umbrella would fit into a coat pocket or purse.

Prepare a table with three columns to include the following information:

Classify the costs of this new product as direct materials, direct labor, manufacturing overhead, selling, or administrative.
Classify the costs listed as either product costs or period costs.
List of expenses incurred by Everything Umbrella Inc.

Cost of advertising the product.
Fabric used to make the umbrellas.
Maintenance of cutting machines used to cut the umbrella fabric so it will fit the umbrella frame.
Wages of workers who assemble the product.
President’s salary.
The salary of the supervisor of the people who assemble the product.
Wages of the product tester who stands in a shower to make sure the umbrellas do not leak.
Cost of market research survey.
Salary of the company’s sales managers.
Depreciation of administrative office building.

Sample Solution

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Computations

Scenario A

Compute the break-even point in sales dollars if fixed costs are $200,000 and the total contribution margin is 10% of revenue.

Show the analysis in a table format. Write a one-paragraph interpretation of the information presented in the table.

Scenario B

Danny Company makes and sells stuffed animals. One product, Panda Bear, sells for $28 per bear. Panda Bears incur fixed costs of $120,000 per month and a variable cost of $12 per bear. How many Panda Bears must be produced and sold each month to break even?

Show the analysis in a table format. Write a one-paragraph interpretation of the information presented in the table.

Scenario C

Jerry is considering buying a company if it will break even or earn net income on revenues of $100,000 per month. The company that Jerry is considering sells each unit it produces for $5. Use the following cost data to compute the variable cost per unit and the fixed cost for the period. Calculate the break-even point in sales dollars. Should Jerry purchase this company?

Volume (units) Total Cost
8,000 $70,000
68,000 $190,000

Scenario C is more involved than the other three. HINT: You can use the high-low method to determine the fixed and variable portions of the total costs. See for example http://www.principlesofaccounting.com/chapter-18/behavior-analysis/ (from the optional resource in the background material).

Show the analysis in a table format. Write a one-paragraph interpretation of the information presented in the table.

SLP Assignment Expectations

Show computations in good format and explain answers as required. Excel is a great tool to make computations and present financial information in an easy-to-understand format. Write comments below the computations in Excel. Submit only the Excel file. Both content and the clarity of the presentation will be evaluated for grading purposes.

Sample Solution

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Curriculum Analysis

Conduct a curriculum analysis based on materials provided by your instructor (materials attached below). This project will include an examination of an entire curriculum, looking at characteristics of the curriculum (you will be given details) and responding to short answer questions regarding the quality of various areas of the curriculum.  You will respond to the given set of short answer questions found in the attachment. Answer questions 1-5 of the short answers, and then choose answer the highlighted questions regarding the curriculum.

You will select one of the following highlighted sites to analyze, responding to the questions provided.

Respond to the questions regarding the Curriculum Analysis Assignment in with robust short answers. Consider the program from the point of view of being asked by a school or district to examine this program for potential adoption or use in the classroom. Final paper should represent the items and your responses in this order and format. Respond beneath each item. Papers should be no more than five pages in length, excluding title page and references.