ASSIGNMENT: COST-VOLUME-PROFIT ANALYSIS The purpose of this assignment is to introduce students to techniques of Cost-Vo
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ASSIGNMENT: COST-VOLUME-PROFIT ANALYSIS The purpose of this assignment is to introduce students to techniques of Cost-Vo
ASSIGNMENT: COST-VOLUME-PROFIT ANALYSIS The purpose of this assignment is to introduce students to techniques of Cost-Volume-Profit (CVP) analysis. Your task is to answer questions for the following scenario. UUM will be having its convocation ceremony to award degrees to students in September 2022. In conjunction with the convocation ceremony, UUM will organize a convocation fair. It invites students to participate in the trade fair to sell products of their interests. UUM will provide booths with a rental fee of RM700 each. You are interested to participate in the trade fair, and are planning to rent one booth. Complete the following assignment. 1. Provide a brief discussion of a product that you plan to sell at the trade fair. Include in the discussion the sale price and the variable cost per unit of the product, and the target operating profit. 2. Provide analyses to compute break-even point in both units and sales (RM). 3. Provide analyses to compute break-even point for different scenarios (e.g., changes in rental fee, sale price per unit, variable cost per unit and target operating profit). 4. Provide an analysis of expected operating profit at various sales levels. A Cost-Volume- Profit graph is helpful to provide the explanation. 5. Based on the above analyses, discuss the viability of your plan to participate in the trade fair.
No. 1. 3. Traits 2. Computation Interpretation 5. Solve Problems 4. Express Procedures, Neatness and Organization Poor (0-3) Unable or limited ability to extract numerical information, interpret and making sense of the information. Demonstrate no or limited knowledge of computation skill. Unable to express results to the users Fair (4-6) The procedures are poorly followed, and the work is presented poorly. CONTENTS Able to extract numerical information, interpret and making sense of the information. Unable or limited ability to Able to partially solve solve problems or offer problems cr provide alternative solutions. alternative solutions. Demonstrate fair knowledge of computation skill. Fairly able to express the results to the users. The procedures are fairly followed, and the work is presented fairly. Total Score: Good (7-9) Able to extract numerical information, interpret and making sense of the information clearly and accurately. Demonstrate good knowledge of computation skill. Able to solve problems or provide alternative solutions well. Able to express the result convincingly to the users. The procedures are followed appropriately, and the work is presented in organized manner. Excellent (10-12) Able to extract numerical information, interpret and making sense of the information very clearly and accurately. Demonstrate excellent knowledge of computation skill. Able to solve problems and provide alternative solutions with great accuracy, clarity and details. Able to express the results persuasively to the users. The procedure is appropriate and comple:e, and the work is presented in neat and well- organized manner. Score /60