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Posted: June 14th, 2021
Accounting And Financial Management Assignment | Homework For You
Critically evaluate the role of management in financial planning and investment appraisal.
Question:1
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Alpha Plc is launching a new product on 1st December 2019.The following details are provided.
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- Per unit cost
| £ | £ | |
| Direct materials | 30 | |
| Direct labour | 25 | |
| Variable overhead per unit | 12. | |
| Fixed overhead per unit | 6 | |
| Total cost per unit | 73.00 |
The company decided to mark up the cost per unit with 25%.
- Monthly production and sales
You are required to write an essay:
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- Discussing different budgets that can be prepared with the help of the given information and the process that should be adopted for gathering information required for preparing such budgets.
- Critically evaluating the benefits provided by a Master budget to the Board of directors of a company.
- Critically evaluating how different investment appraisal techniques like Payback Period, Accounting Rate of Return, Net present Value and Internal Rate of Return can be used to support long term financial sustainability. Accounting homework help
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