Principles Of Accounting In Practice -Bambino Clothes Limited- Lasito Ltd. Assignment Help

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Principles Of Accounting Assignment Help

TASK1 Bambino Clothes Limited is deciding between the purchase of two machines which will return the amounts listed below over five years.Both machines cost $50,000 and will fully depreciate over the five years.

1. Determine the accounting rate of return for machine 1.
2. Using a discounted rate of return of 12% which machine would you invest in?
3. What is the payback period of machine 2?

TASK2 Forex Details manufactures and sells a single product for $50 per unit.  Variable costs are $30 per unit.  Total fixed costs are $40,000 per month.

1. Find the contribution margin.
2. Find the breakeven point in units per month and sales dollars.
3. Find the unit sales per month that would produce a net income of $12,000.
4. Find the net income if the company sold 2,350 units in one month.

TASK3 Lasito Ltd. spent $8,000 on heating last quarter. Jonathon the management accountant was trying to determine how much should be applied to the various aspects of the business.

1. How should the amount be apportioned between the three aspects which were manufacturing, sales and administration? How should this data be obtained?
2. If it was established that the total building space was 900 square meters and the factory constituted 700 of them. The sales office constituted 80 square meters and the administration was 120 square meters. How much should be applied to each of the functions for the quarter?

TASK4 Why would an accountant be concerned with human behaviour? Use at least one theory of human behaviour to support your point. What is involved in project management? The above question has been solved by our Principles Of Accounting experts at onlineassignmentbank. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.