Calculate the forecast net profit of telford engineering post exit
Calculate the forecast net profit of telford engineering post exit. Option B: Outsourcing the accounting function to a global business services (GBS) partner. This post has been reported and hidden 66 student(s) online now Back to Posts Question: 1-Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Apr 24, 2020 · Telford Engineering has identified a global business services partner off-shore. Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A) and the outsource option (B); to assess which option will be most economical for Telford Engineering in the future:-Enter the accountancy department costs for Option A:-Enter the accountancy department costs for Option B: Further quantitative data on Telford Engineering. As a result of MEXIT, Telford Engineering had lost 3 0 % of its pre-MEXIT export sales to CETA customers, due to increased trade and tariff barriers with CETA (See P / L account before MEXIT in the spreadsheet). TELFORD ENGINEERING P/L account: Menai $,000 P/L (before MEXIT) Menai $,000 Actual P/L (one year after MEXIT under outsource option) Sales: 8,000: 7,200 * Note: Exports to CETA based customers pre-MEXIT = 40% and the volume of these fell by 30% post-MEXIT: Costs: Production costs: Materials **-2,000-2,160 Telford Engineering lost 30% of its exports to CETA customers after MEXIT, reducing sales. The net profit margin is net profit divided by revenue (or net income divided by net sales). The annual cost of outsourcing the accounting function per annum is forecast to be $292,000. Enter the Answer to Calculate and compare the forecast total accounting to assess which option will be most economical for Telford Engineering in the future. To calculate the forecasted net profit of Telford Engineering post-exit (after MEXIT), we need to look at the provided income and employee data. 12; Post-exit fall in export . Telford Engineering imports 50% of its materials from CETA and import costs will be affected by the lower exchange rate post MEXIT. 12 Post-exit fall in export volume to CETA based countries = 30% Post exit general increase in departmental staff costs due to s Increase in salaries of replacement staff in the Question: TELFORD ENGINEERING P/L account: "Menai $,000 P/L(before MEXIT)" "Menai $,000 Actual P/L(one year after MEXIT under outsource option)"Sales 8,000 7,200* Note: Exports to CETA based customers pre-MEXIT = 40% and the volume of these fell by 30% post-MEXIT Costs Production costs Materials ** -2,000 -2,160 ** Note: 50% of imports Pre-MEXIT Mar 27, 2024 · Calculator Use. Oct 8, 2022 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. 13). Once I have these figures, I can calculate the sales profit margin using the following formula: Sales Profit Margin % = (Sales Revenue - COGS - Operating Expenses) / Sales Revenue * 100% Student reviews Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future Aug 22, 2021 · As a result of MEXIT, Telford Engineering had lost 30% of its pre-MEXIT export sales to CETA customers, due to increased trade and tariff barriers with CETA. Step-by-step explanation. Question: Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Aug 6, 2023 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); Thank you. Calculate the forecast post exit (after MEXIT) accounting department costs as a percentage of sales on the assumption that all staff who resign, pre-MEXIT, are replaced. Calculate the forecast post-exit (after MEXIT) accounting department costs as a percentage of sales on the assumption that all staff who resign, pre-MEXIT, are replaced. Profit Margin Formula: Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future Jan 6, 2020 · Calculate the current sales profit margin pre-exit (before MEXIT) As a result of MEXIT, Telford Engineering had lost 3 0 % of its pre-MEXIT export sales to CETA customers, due to increased trade and tariff barriers with CETA (See P / L account before MEXIT in the spreadsheet). , 13% becomes 0. Learn how to use the net profit formula to calculate the net profit for your company and discover some tips on how to improve it. Staff cost increase due to replacements: 10%. State your answer to the nearest whole percentage and do not include any symbols, for example " 21 ". Further quantitative data on Telford Engineering. Enter the Aug 16, 2023 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. For your answer only state the first two digits and do not include any symbols, for example, "72". 40 Post-Exit announcement exchange rate: M$1. Calculate the net profit margin, net profit and profit percentage of sales from the cost and revenue. Determine the total number of staff who have resigned and need to be replaced. Enter the accountancy department costs for Option A (to the nearest $M'000). Mar 29, 2021 · Can you please help me to understand the question: Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A) and the outsource option (B); to assess which option will be most economical for Telford Engineering in the future. The GBS Company will take over the highly systemised and transactional operations of payables, receivables, payroll and credit control. Assumptions: Revenue: $10 million (M) Cost of goods sold: $6 million (M) Staff costs: $2. Enter the Aug 21, 2023 · hey, I am currently working on ethics and continuously getting this question wrong. has budgeted direct labor-hours as follows: Quarter Hours 1 11,000 2 12,000 3 10,000 4 11,000 Year 44,000 Variable manufacturing overhead is applied using direct labor hours at a rate of $3. This post has been reported and hidden 31 student(s) online now Back to Posts Answer to Calculate and compare the forecast total accounting to assess which option will be most economical for Telford Engineering in the future. Q&A What would the predicted ticket sales with the following data: Distance from capital 15 Population 15,000 Ticket barrier 30,000 Demographic profile of town 3 1 - Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Pre-Exit Exchange rate: M$1. calculate the forecast net profit of Telford Engineering post exit (after MEXIT) assuming all staff who resign are replaced Q Task 3 You are to prepare a 12 month forecast/budget for the business up to 30 April 2023. 1-Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Nov 19, 2019 · 3. November 27, 2023 at 3:32 pm #695623 Jimbob Co. 00 per DLH. Jan 5, 2020 · As a result of MEXIT, Telford Engineering had lost 30% of its pre-MEXIT export sales to CETA customers, due to increased trade and tariff barriers with CETA. (To the nearest whole percentage) Jun 28, 2021 · you should use the net profit divided into sale number (1,440/8,000*100) = 18% Mar 15, 2024 · To calculate the forecast net profit of Telford Engineering post-exit (after MEXIT), you need to consider the information provided and follow these steps: 1. Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. 12 Question 1: Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. TELFORD ENGINEERING P/L account: Menai $,000 P/L (before MEXIT) Menai $,000 Actual P/L (one year after MEXIT under outsource option) Sales: 8,000: 7,200 * Note: Exports to CETA based customers pre-MEXIT = 40% and the volume of these fell by 30% post-MEXIT: Costs: Production costs: Materials **-2,000-2,160 Jul 30, 2021 · Good day, I am struggling with question 1. Operating profit is also known as EBIT - Earnings before interest and tax. Question: TELFORD ENGINEERING P/L account: "Menai $,000 P/L(before MEXIT)" "Menai $,000 Actual P/L(one year after MEXIT under outsource option)"Sales 8,000 7,200* Note: Exports to CETA based customers pre-MEXIT = 40% and the volume of these fell by 30% post-MEXIT Costs Production costs Materials ** -2,000 -2,160 ** Note: 50% of imports Pre-MEXIT May 30, 2024 · The net profit margin is determined by dividing net profit by total revenues in the following way: net profit margin = net profit / total revenues. Using the figures below compl Using the figures below compl Answered over 90d ago Has anybody got the answer of this question????? Calculate the forecast net profit of Telford Engineering post exit (after MEXIT) assuming all staff who resign are We would like to show you a description here but the site won’t allow us. Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future TELFORD ENGINEERING P/L account: P/L Menai $,000 Menai $,000 Actual P/L (one year after MEXIT (before MEXIT) under outsource option) Sales 8,000 7,200 * Note: Exports to CETA based customers pre-MEXIT = 40% and the volume of these fell by 30% post- MEXIT Costs Production costs Materials ** -2,000 -2,160 ** Note: 50% of imports Pre-MEXIT are from CETA based suppliers Staff costs -1,500 -1,800 Nov 29, 2023 · Option A Retaining accountancy staff in-house, Staff members who resign leading up to MEXIT are n The retained accounting staff post-restructure, will be of the remaining accountancy department staff, due Head of accounting (unchanged salary) + 2 Fully Qu Option B Outsourcing Telford Engineering has identified a global business of payables, receivables, payroll and credit contro Outsourcing Also referred to as “net profit,” “net earnings,” or simply “profit,” a company’s net income measures the company’s profitability. (To the nearest whole percentage) Aug 16, 2023 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Jun 1, 2024 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. I am not sure what i am doing incorrectly. Additionally, the cost of importing materials from CETA has increased due to currency devaluation, but a The first two digits of the forecast net profit are "15". For gross profit, gross margin percentage and mark up percentage, see the Margin Calculator. Net income is the opposite of a net loss, which is when a business loses money. Calculate the forecast post exit (after MEXIT) accounting department costs as a percentage of sales on the assumption that all staff who resign, pre-MEXIT, are replaced. Materials costs as a percentage of sales would match the current rate. Scenario: Telford Engineering is considering two options for its accounting department post-MEXIT (major exit): Option A: Retaining a reduced in-house staff with increased salaries and overtime. Pre-Exit announcement exchange rate: M$1. 12 Nov 26, 2021 · P/L Menai $,000 Menai $,000 Actual P/L (one year after MEXIT (before MEXIT) under outsource option) Sales 8,000 7,200 * Note: Exports to CETA based customers pre-MEXIT = 40% and the volume of these fell by 30% post- MEXIT Costs Production costs Materials ** -2,000 -2,160 ** Note: 50% of imports Pre-MEXIT are from CETA based suppliers Staff costs -1,500 -1,800 Overheads -300 -300 Distribution Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Dec 20, 2023 · 1. Do they require us to calculate Net profit or only changes in the sales and material cost? Thanks in advance. It is entirely up to you since it depends on what you choose to include in the cost calculator's field; if you stick strictly to the definition of the COGS , the result you get will be gross profit . Net profit is an essential indicator of business profitability and financial health. It describes the predicted performance of the business exlusively from core trading activity and its expected return on investment from that. Jun 14, 2024 · Our profit calculator can be used as a gross profit calculator to calculate gross profit. Calculate the forecast net profit of Telford Engineering post-exit (after MEXIT) assuming all staff who resign are replaced to the nearest $M,000. The purchasing team have identified an alternative domestic supplier source for all of the imported materials from CETA, who will charge Telford Engineering the same amount as it originally cost the company to import these materials at the pre-MEXIT exchange rate. This is the net profit forecast earned exclusively from core trading activity. 00 = C$1. g. Mar 22, 2024 · Answer of - Calculate the forecast net profit of Telford Engineering post exit assuming all staff who resign are replaced to the n | SolutionInn. (See P/L account before MEXIT in the spreadsheet). Telford Engineering exports 40% of its output to CETA. Question 0 2 / 0 3 Calculate and compare the forecast total accounting costs in the year following MEXIT under the outsource option (B); to assess which option will be most economical for Telford Engineering in the future. Next to revenue, net income is the most important number in accounting. Jan 19, 2020 · Please guide me what’s the requirement in Module 8. Write the clear, brief report for the Board of Telford Engineering on the impact of MEXIT, giving details on which aspects of the business are being affected and giving the reasons. 5 million (M) Staff resignation rate: 20%. |Type your answer here suamit Answer to Calculate and compare the forecast total accounting to assess which option will be most economical for Telford Engineering in the future. 12 Post-exit fall in export volume to CETA based countries = 30% Post exit general increase in departmental Telford Engineering imports 50% of its materials from CETA an Pre-Exit announcement exchange rate: M$1. 5 million (M) Other expenses: $0. A new opportunity has arisen to sell the lost CETA volume in alternative markets at the same price, restoring full capacity. All Matches. The Operating Profit Forecast. 40; Post-Exit Exchange rate: M$1. The result of these calculations is displayed in percentages, but you may also express them in decimal form (e. Telford Engineering - Forecast Net Profit Post Exit. Question: As a result of MEXIT, Telford Engineering had lost 30% of its pre-MEXIT export sales to CETA customers, due to increased trade and tariff barriers with CETA. zkyevssnfximkulmmqnjktffobbxhsqntlwcqsbejzfelopwbryt
