Showing posts with label answers to decision making management accounting. Show all posts
Showing posts with label answers to decision making management accounting. Show all posts

Wednesday, July 15, 2015

Financial Accounting Tuition in Singapore - By First Class Accounting Tutors


Are you looking for an Accounting tutor? We currently offer Accounting tuition for students of all levels, from O'Levels to University students. Allow our top quality tutors to meet all your Accounting needs, with various past-year papers to hone your skills and unique teaching methodology that will be varied according to your individual strengths and weaknesses. 

Visit starCresto's official website for further details. 

SMS 9758-7925 or email enquiry@starcresto.com to book a slot with our accounting tutors today. 

Background
With a total of 12 years experience in teaching and tutoring accounting, the tutor trainer has trained a group of accounting tutors who coach students and working adults. Only accounting tutors who have review score of more than 4 out of 5 are retained to ensure quality of starCresto Tutors. We currently have ex NIE trained teachers, ex lecturers and many other qualified accounting professionals under our wings.

We offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate our teaching methodology. 

Teaching Methodology:


1. Understanding concepts and application of concept to questions
2. Developing graphing skills
3. Identifying exam trends and skills (Questions spotting)
4. Practicing variety of questions to prepare you for your exam
5. Simplifying difficult concepts
6. Identifying and improving your weakness

Do contact me at 9758-7925 or email enquiry@starcresto.com for accounting tuition.

Student's Profile:

> Tertiary Student --
**Poly / JC (NYP, RP, SP, TP, NP, MDIS, Informatics, SIM, SAS, ACSI)
**University (NTU, NUS, SMU, Imperial College, London School of Economics, University of Durham, Uni SIM, UOL, RMIT, SAS, MDIS, University of Southern Australia, James Cook University, University of Newcastle, London School of Economics, Manchester Business School, University of Nottingham, Melbourne Business School)
**Master (Insead, Singapore Management University, NTU, UCLA, UC Berkeley, Manchester, Uni of Southern Australia, Uni of Buffalo, Uni of Adelaide, NUS, University of State of New York)
> Working Adults -- Managers, Deputy Directors, Managing Directors, Doctors, Divisional Directors, Auditors, Analyst, Credit Advisor, AVP

Tutors’ Trainer’s Profile> Name -- Valerie Chai Hui Yee
> O Level -- 8 Distinctions for O'Level
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar
> Degree -- Nanyang Business School NTU: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar
> Post Graduate -- Completed Certified Financial Analyst
> Experience -- 12 years of tutoring, 5 years Corporate Trainer
> Status -- Full time tutor and trainer

For more information, you can visit:

1. Company's profile: www.starcresto.com
2. Tutor Trainer’s profile: 
http://www.tertiarytuition.com

Wednesday, July 16, 2014

Answers to decision making - keep or drop product line - management accounting. Having issues with your management accounting? SMS 9758-7925 for tuition!

The answers to the questions posted in: 

http://accounting-tuition.blogspot.sg/2014/07/decision-making-keep-or-drop-questions.html

ANS for question 1

If Beta is dropped, there will be loss of revenue from Beta and savings from costs that can be avoided. it can avoid only the variable costs and direct fixed costs of Beta but not the allocated fixed costs since you will have to pay regardless of whether Beta is being dropped or not. Hence:
Contribution Margin Method

Contribution margin loss for dropping 

Less: Savings:
$314,000
Variable Costs$169,000
Direct Fixed Costs$86,000$255,000


Net loss$59,000
Therefore, the product line should not be dropped. 

ANS for question 2

Contribution Margin Method

Contribution margin loss for dropping  $(300,000)
Less: savings
   Salary of line manager $90,000
   Advertising - direct 100,000
   Rent - factory space 70,000 260,000
Net loss $(40,000)

Therefore, the product line should not be dropped.