QUESTION 1: (9 Marks)
Kissimmee Paint Co. reported the following data for the month of July. There were no beginning inventories
and all units were completed (no work in process).
Total Cost Number of Units Unit Cost
Variable DH 465,000 30,000 DH 15.50
Fixed 210,000 30,000 7.00
Total DH 675,000 DH 22.50
Selling and administrative expenses:
Variable DH 2 per unit sold
Fixed DH 39,000
In the month of July, 28,000 of the 30,000 units manufactured were sold at a price of DH 80 per unit.
(a) Prepare a variable costing income statement.
(b) Prepare an absorption costing income statement.
(c) Briefly explain why there is a difference in income from operations
between the two methods.
Dr. Sawsan Halbouni
QUESTION 2: (10 Marks)
A- (4 Marks)
Based on the following production and sales data of Shingle Co. for March of the current year, prepare (a)
a sales budget and (b) a production budget.
Product T Product X
Estimated inventory, March 1 28,000 units 20,000 units
Desired inventory, March 31 32,000 units 15,000 units
Expected sales volume:
Area I 320,000 units 260,000 units
Area II 190,000 units 130,000 units
Unit sales price DH 6 DH 14
Dr. Sawsan Halbouni
B- (6 Marks)
The treasurer of Systems Company has accumulated the following budget information for the first two
months of the coming year:
Sales. DH 450,000 DH 520,000
Manufacturing costs 290,000 350,000
Selling and administrative expenses 41,400 46,400
Capital additions 250,000 —
The company expects to sell about 35% of its merchandise for cash. Of sales on account, 80% are expected
to be collected in full in the month of the sale and the remainder in the month following the sale. One-fourth
of the manufacturing costs are expected to be paid in the month in which they are incurred and the other
three-fourths in the following month. Depreciation, insurance, and property taxes represent DH 6,400 of the
probable monthly selling and administrative expenses. Insurance is paid in February and a DH 40,000
installment on income taxes is expected to be paid in April. Of the remainder of the selling and administrative
expenses, one-half are expected to be paid in the month in which they are incurred and the balance in the
following month. Capital additions of DH 250,000 are expected to be paid in March.
Current assets as of March 1 are composed of cash of DH 45,000 and accounts receivable of DH 51,000.
Current liabilities as of March 1 are composed of accounts payable of DH 121,500 (DH 102,000 for materials
purchases and $19,500 for operating expenses). Management desires to maintain a minimum cash balance of
Prepare a monthly cash budget for March and April.
Dr. Sawsan Halbouni
QUESTION 3 (6 Marks)
A: (3 Marks)
Brancati Inc. produces and sells two products. Data concerning those products for the most recent
month appear below:
Product W07C Product B29Z
Sales……………………………….. DH 25,000 DH 27,000
Variable expenses…………….. DH 7,000 DH 8,600
Fixed expenses for the entire company were DH 32,860.
a. Determine the overall break-even point for the company. Show your work!
b. If the sales mix shifts toward Product W07C with no change in total sales, what will
happen to the break-even point for the company? Explain.
B: (3 Marks)
Lubke Corporation’s contribution format income statement for the most recent month follows:
Variable expenses……………… 236,500
Contribution margin ………….. 269,500
Fixed expenses…………………. 241,700
Net operating income ………… DH 27,800
a. Compute the degree of operating leverage to two decimal places.
b. Using the degree of operating leverage, estimate the percentage change in net operating
income that should result from a 3% increase in sales.
Presentation The commonness of HIV diseases has expanded quickly lately in the UK. In 2006, it was assessed that a sum of 73,000 individuals were contaminated with HIV, with a further new 6,393 cases detailed in 2007 (Health Protection Agency 2007). The study of disease transmission of HIV contamination has changed throughout the years. In the mid-1980s, the three gatherings of individuals thought to be at the most astounding danger of HIV disease were men who engage in sexual relations with men, infusion sedate clients and the individuals who have gotten blood items (e.g. through blood transfusions). Nonetheless, since 1999, the lion's share of new diseases have been accounted for among heteros (Health Protection Agency 2007). The guess for HIV-tainted people has enhanced in the course of recent years. In spite of the fact that there is at present no immunization and no cure for HIV, HAART (Highly Active Antiretroviral Therapy) has demonstrated profoundly viable in postponing the beginning of AIDS and extending the life expectancy of contaminated people (Rutland et al. 2007).The expanded predominance of HIV contaminations in the UK implies that medicinal services experts in all settings will probably nurture patients with HIV than in past years. Various investigations have been led worldwide to analyze human services experts' information and additionally dispositions to HIV in nations including the UK (Tierney 1995; Laraqui et al. 2002; Pisal et al. 2007). Discoveries demonstrated that human services specialists are much of the time frightful, negative, not well educated and prejudicial towards HIV-positive patients. Moreover, fears in regards to apparent dangers when watching over guardians with HIV may hamper nature of patient care (Pisal et al. 2007). Thus, HIV-positive patients may encounter shame and dehumanization, together with sentiments of separation and blame. There is a neglected requirement for viable training projects to build social insurance experts' information about HIV, methods of transmission and safeguards that ought to be taken when tending to HIV-positive patients. Studies have demonstrated that instruction projects to expand levels of learning among medical attendants altogether diminished feelings of trepidation about associating with HIV-positive patients (Pisal et al. 2007). This paper talks about the advancement of an instructive flyer went for medicinal services experts, examinations the system utilized and assesses the handout and the procedure of improvement. Pamphlet advancement When concocting wellbeing advancement and instruction programs, the three principle segments which must be considered are arranging, usage and assessment and it might be useful to utilize a wellbeing advancement demonstrate in this procedure (Whitehead 2003). The Ewles and Simnett demonstrate (1992) proposes five diverse methods for considering wellbeing advancement which incorporate a restorative approach, conduct change approach, instructive change approach, customer focused approach and social change approach. Our wellbeing training approach best fit the instructive and behavioral change approaches. By instructing the objective gathering of people, the information they pick up will engage them to settle on educated choices and will go about as an imperative influencer on their conduct (Aghamolaei et al. 2005). In their model, Ewles and Simnett recognized 9 phases which were utilized as a part of the arranging of the wellbeing instruction activity talked about in this paper and which include: Recognizable proof of the objective gathering Recognizable proof of the requirements of the objective gathering Foundation of the objectives of training Detailing of particular goals Recognizable proof of assets Arranging of substance and technique Arranging of techniques for assessment Usage of instruction Assessment of viability. Arranging The objective gathering for this wellbeing training procedure was medicinal services bolster laborers who may come into contact with customers tainted with HIV or AIDS. As examined, there is a reasonable requirement for instruction programs for human services experts who may have contact with HIV-positive customers. The primary objectives of this procedure were to expand levels of learning about HIV with a view to decreasing feelings of trepidation and disgrace encompassing HIV-positive people, and mitigate any current misguided judgments encompassing the spread of the HIV infection in clinical practice. The approach taken in this technique was to build up an instructive data pamphlet. Past research has exhibited that flyers that advance information of HIV are compelling in diminishing trepidation and uneasiness among medicinal services specialists, while additionally expanding general learning of the illness (Pisal et al. 2007). Flyers have been appeared to give various advantages. For instance, they can be utilized to re-implement data conveyed verbally and can convey a more prominent volume of data that by means of verbal correspondence alone (Secker 1997). Moreover, pamphlets might be held for future reference and can be imparted to others. In any case, there is confirmation to propose that wellbeing advancement handouts should be painstakingly planned, since not all pamphlets convey their messages viably to their intended interest group (Shire Hall Communications 1992). System Wellsprings of data Data on the HIV was sourced via looking through the Pubmed electronic database and Department of Health sites. A la mode, superb productions were chosen where conceivable. The Health Protection Agency sites was likewise scan for late UK-particular the study of disease transmission information. Data identifying with the plan of the handout was accumulated from both Pubmed and Google looks. All data sourced was perused painstakingly, discoveries were precisely abridged and key focuses were featured. Handout outline The plan of instructive flyers should help the peruser's comprehension of the substance inside (Secker 1997). The flyer title was picked painstakingly in order to claim and urge perusers to need to peruse the whole handout. An outline subject was picked which was connected reliably all through every one of the pages. Dark and red content was utilized against a yellow foundation which showed great comprehensibility and influenced the handout to emerge on the rack among a gathering of different pamphlets. The selection of hues was intended to mirror a 'risk/danger' topic which was expected to persuade the peruser. While it could be contended that the relationship of red with peril may really re-uphold existing negative convictions about HIV, we trust that our decision of a solid and positive flyer title nullifies this probability. The Times New Roman textual style in a 12 point measure was utilized for the primary content. Research proposes this is extraordinary compared to other textual styles for instructive materials, and that a 12 point text dimension is the base size for perusers without visual disability (Secker 1997). In spite of the fact that it is recognized that utilizing a text dimension as huge as this restricts the measure of content that can be obliged, a deficiency of numerous instructive pamphlets is that they contain content which is too little to peruse easily (Albert and Chadwick 1992). The pictures utilized as a part of the flyer were pertinent to the substance. Research has demonstrated that the utilization of outlines is a critical factor to consider in handout plan and that delineations ought to dependably be instructive and in respect to the substance of the flyer, else they will bring down the data being passed on (Rohret and Ferguson 1990; Albert and Chadwick 1992). By utilizing 'previously' and 'after' forms of comparative pictures, we meant to pass on a portion of the sentiments that HIV-positive customers may involvement in human services settings and how an adjustment in the conduct and disposition of social insurance specialists can positively affect the customer's understanding and enhancing the communication between the customer and care supplier. Another imperative factor which must be considered when utilizing pictures, pictures and other illustrative materials is their source and whether there are copyright issues related with their utilization. Tragically, we didn't consider the lawful ramifications related with our decision of outline, which in this way kept the handout from being conveyed to the intended interest group. A collapsed 33% A4 measure handout, imprinted on yellow paper with a sparkle complete was picked. This is a famous decision of size for instructive pamphlets and gives great movability, being sufficiently little to put in a pack. The utilization of collapsing nullifies the requirement for staples which add to cost. [Client: you didn't specify anything about pamphlet estimate, supply of paper or complete so I've included what I have found from my own involvement of planning instructive materials, in spite of the fact that I don't know of the correct load of paper that would be the best for a handout of this portrayal and no papers examine this] Dialect As indicated by Bennett and Heller (2006), "Talking the dialect of the gathering of people is vital in endeavoring to speak to them and change their comprehension of any issue". The dialect in this pamphlet utilized straightforward wording that is effortlessly comprehended and is sans language, two components which have been appeared to be of significance in instructive materials (Ewles and Simnett 2003). Individual and everyday terms were utilized which were intended to connect with the peruser and support basic reasoning and impression of their own clinical practice. The utilization of individual pronouns has beforehand been appeared to be compelling in influencing the peruser to feel that the pamphlet is tending to them specifically, in this way making it additionally engaging (Glasper and Burge 1992; Albert and Chadwick 1992). The utilization of long words was constrained and sentences were by and large short and brief, with each endeavoring to clarify a solitary thought (Manning 1981). Proof has demonstrated this encourages the coordination and capacity of data into memory. This is a critical factor since the intellectual load hypothesis suggests that excess types of data may require longer preparing and may keep the peruser from learning (Doak et al. 1996). Research has likewise exhibited that the all the more long words and long sentences utilized, the mor>GET ANSWER