The net impact will be 550K loss to the company.

acc 501 case and slp 4 cev Order Description Module 4 - Case Writer please write 3 pages for this assignment, also this is what the profesor said that you did wrong in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in case 3:Class 3 Assignment Comments: -- The net impact will be 550K loss to the company. -- Analysis paper mostly describes how the computations were done. Students should be able to in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">interpret the results and make recommendations accordin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ingly. -- Essay too does not cover the required concepts. Budgetin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing, Variance Analysis, and Performance Evaluations Case Assignment T&P Fashion Shops T&P Fashion Shops is a new chain" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in that operates 10 stores in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in major malls throughout the United States. Each store manager is responsible for preparin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing a flexible budget for the store. T&P headquarters accumulates and analyzes the in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">information for each store and in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in the aggregate. Below follows some cost estimates for the Houston store. T&P Fashions Flexible Budget Information Expense Fixed Variable Cost of sales $210,000 40% $740,000 Management 27,000 12% 186,000 Shop assistants 162,000 8% 268,000 Rent 13,200 5% 54,450 Utilities 34,800 34,800 $447,000 $1,283,250 Additional in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">information The sales forecast for the year is $1,400,000. Variable expenses are based on revenues. Do note that percentage clause for rent only kicks in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in above $500,000 in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in sales. Other expenses are all specific to this store. Headquarters pay for marketin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing and corporate overhead expenses. T&P wants to see a flexible budget based on the sales forecast, in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">includin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing estimates for sales bein" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing 10% below budget and 10% above budget. Actual results T&P Fashions Actual Results from Operations Revenues $1,325,000 Cost of sales 790,000 Management 208,000 Shop assistants 230,000 Rent 58,200 Utilities 31,000 Operatin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing profit $7,800 Required: Computations (use Excel) Prepare a flexible budget in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in good format. Compute the flexible variances and in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">indicate whether favorable or unfavorable. Headquarters are contemplatin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing chargin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing each store a 5% marketin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing expense based on sales. How will that affect the operatin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing profit of the store and the money available for managerial bonuses based on actual results for the past year? Summarize the in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">information in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in the table. Memo (use Word) Write a 4- or 5-paragraph memo to the division manager explain" rel="nofollow">in" rel="nofollow">in" rel="nofollow">inin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing the flexible budget variances; how to in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">interpret the in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">information; and what action, if any to take. Comment on the 5% marketin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing proposal too. Start with an in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">introduction and end with a recommendation. Each of the four or five paragraphs should have a headin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing. Short Essay (use Word) Start with an in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">introduction and end with a summary or conclusion. Use headin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ings. Discuss how to in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">interpret static and flexible budget variances. How is the in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">information useful in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in general? What are the benefits of variance analysis? How can such analysis be detrimental rather than beneficial to the organization? Assignment Expectations Each submission should in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">include two files: (1) An Excel file; and (2) A Word document. The Word document shows the memo first and short essay last. Assume a knowledgeable busin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">iness audience and use required format and length. Individuals in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in busin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">iness are busy and want in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">information presented in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in an organized and concise manner. Module 4 - SLP ( Writer: Please write 2 pages for this assignmenr, also this is what the profesor said that you did wrong in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in case 3:Comments: ** SLPs are organization/product specific. It is not clear what the organization looks like at present. What changes do you suggest? ** Ref to TAB on page number 2 seems to be not connected to this assignment. writer: this slp assignment is a 2 page assignment on a company that you made up on case 1 and 2, you wrote case 3 this assignment on Nike, the company name you wrote about in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in case 1 and 2 is Marshall Budgetin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing, Variance Analysis, and Performance Evaluations Fourth and fin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">inal part of the presentation. See background in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">information for the module one SLP. Required: Include the followin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing items in" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in your presentation. Performance measures. It is important to measure success of the organization and its managers. Suggest performance measures for divisions, product lin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ines, etc. managers Comment on the measures selected and explain" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in how they foster goal congruence for the organization and employees. SLP Assignment Expectations Submit a Power Poin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">int presentation or a Word Document. A Power Presentation should have no more than six slides and a Word document cannot exceed two pages. Use words, tables, and graphs to make a succin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">inct presentation. Document all sources and provide lin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">inks at the end. It is acceptable to add another slide or page to list the sources.