managerial economic assignment
puffyang
aissignmentrubric.docx
For this assignment, develop a 5-page response containing written narrative, figures, and charts.
You should strictly follow the APA 7th and provide peer-review articles as references.
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Provide general discussion on predetermined variable overhead criterion and its possible dependence on the activity for which it is used. Provide a variable costing income statement in which variable overhead is divided among different activities, and that each activity has its own predetermined variable overhead criterion.
The following is a partially completed lower section of a departmental expense allocation for Cozy Bookstore. It reports the total amounts of direct and indirect expenses allocated to its five (5) departments. Allocate the expenses of the two service departments (advertising and purchasing) to the three operating departments and provide the complete income statement.
Advertising and purchasing department expenses are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows.
Phoenix Company’s 2019 master budget included the following fixed budget report. It is based on an expected production and sales volume of 15,000 units.
· Classify all items listed in the fixed budget as variable or fixed.
· Also determine their amounts per unit or their amounts for the year, as appropriate.
· Identify the unit variable costs in the format of variable costing, according to your findings in part a
· Organize a template for variable costing income statements in which the sales volume is a variable.
· Test your template for 15,000 units sales volume to see if you get the same income as stated above
· Find the breakeven point and provide the income statement at break even
· Provide income statement at sales volume 12,000, 14,000, 16,000, and 18,000
Grading rubric:
|
Criteria |
Performance Indicators (Observation descriptors indicating extent to which criterion is met.) |
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|
|
Level 4 Exemplary |
Level 3 Proficient |
Level 2 Needs Improvement |
Level 1 Unsatisfactory |
No Submission |
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Points |
4 |
3 |
2 |
1 |
0 |
|
Depth
30% of overall grade |
Content indicates synthesis of ideas, in depth analysis, and evidence of original thought and support for the topic.
30 points
|
Content indicates original thinking and develops ideas with sufficient and firm evidence.
22.5 points |
Content indicates thinking and reasoning applied with original thought on a few ideas.
15 points
|
Content indicates some thinking and reasoning but most ideas are unoriginal or underdeveloped.
7.5 points |
0 points |
|
Resources
25% of overall grade |
All evidence supports arguments and is relevant to the topic. The student uses the required number and type of resources identified in the syllabus to support his/her argument.
25 points |
Most evidence supports arguments and is relevant to the topic. The student uses 75% of the required number and type of resources identified in the syllabus to support his/her argument.
18.75 points
|
Some evidence supports arguments and is relevant to the topic. The student uses 50% of the required number of sources.
12.5 points |
Limited evidence to support arguments, with few sources relevant to the topic. The student uses less than 50% of the required number of sources.
6.25 points |
0 points |
|
Organization
15% of overall grade |
Paper has a high degree of attention to logic and reasoning of points. Paper clearly leads the reader to the conclusion and stirs thought regarding the topic.
15 points |
Paper is coherent and logically organized with transitions used between ideas and paragraphs to create coherence. Overall unity of ideas is present.
11.25 points |
Paper is somewhat structured and logically organized. Some points remain misplaced and stray from the topic. Transitions evident but not used throughout.
7.5 points |
Paper is limited in logical organization with major errors.
3.75 points |
0 points |
|
Mechanics
15% of overall grade |
Paper is free of distracting spelling, punctuation, and grammatical errors.
15 points |
Paper has few spelling, punctuation, and grammatical errors allowing the reader to follow ideas clearly.
11.25 points |
Most spelling, punctuation, and grammar are correct, which allows the reader to progress through the paper. Some errors remain.
7.5 points |
Spelling, punctuation, and grammatical errors create distraction, making reading difficult. Errors are frequent.
3.75 points |
0 points |
|
Formatting
15% of overall grade |
Paper meets all formatting guidelines and assignment requirements, including page-length and APA formatting requirements. Paper is correctly assembled with a professional look.
15 points |
The paper follows most formatting guidelines, including page-length and APA formatting requirements.Paper is correctly assembled.
11.25 points |
Paper generally follows formatting guidelines and assignment requirements, including page-length and APA formatting requirements. Paper has some assembly errors
7.5 points |
Paper does not follow formatting guidelines and assignment requirements, including page -length and APA format requirements. Paper has major assembly errors
3.75 points |
0 points |
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