Sample Management Accounting Report - 1346 Words

TABLE OF CONTENTS CONTENTS PAGE Abstract 2 1.0 Introduction 3 2.0 Analysis of the results 4 2.1 Allocation and Apportionment 2.2 Overhead Absorption Rates 2.3 Cost Determination 2.4 Pricing for Potential Orders 2.5 Profit Analysis 2.6 Sensitivity Analysis 2.6.1 Scenario 1: Increase/Decrease in†¦show more content†¦Therefore, the total profits forecasted would be RM 7 217.01. Surgical Gloves is stated to have made the most profit which is 40% of the total compared to Industrial/Household Gloves which stated to make the lowest of the total profits which is 26%. 2.6 Sensitivity Analysis The sensitivity analysis shows how the changes in Direct Materials, Direct Labour and Profits would affect the overall price computation and the total profits. The changes are derived and shown in Appendix 3. 2.6.1 Scenario 1: Increase/Decrease of Direct Materials A revised quotation produced by adding an extra 10% to the cost of direct materials. This resulted in a slight change of an average 3.5% in prices and an average of 3% increase in profits. On the other hand, a decrease of 10% of the total direct materials would result in an average decrease of 3.5% in price and an average 3.8% in profits. Therefore, the cost of direct materials should be reduced. 2.6.2 Scenario 2: Increase/Decrease in Direct Labour A second revised quotation where Direct Labour costs is added an extra 10% is produced. This has little effect on the price with only an average of 2.98% increase and an average of 2.73% increase in profits. Vice-versa, a 10% decrease in Direct Labour costs results in a small fall in price withShow MoreRelatedEffects Of Cash Management1482 Words   |  6 PagesHe utilized hypothesis with Working Capital Management, Investment decisions and financing decisions as independent variables were used to measure financial performance in place of the dependent variable. 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