- Case StudyHelp.com
- Sample Questions
IFP3017 Accounting for Business Decisions Case Study
Looking for the Accounting Case Study Question & Answers? At Case Study Website, we guarantee 100% unique and error-free Quality Assignment Help from our highly knowledgeable and skilled writers. We cover a lot of subjects and even provide the best Finance Assignment Help. Students can contact us 24×7 with just one click.
- Topic :: Accounting
- Document Type :: Assignment help (any type)
- Subject :: Accounting
- Deadline :*: As Per Required
IFP3017 – Presentation Question
You will have 7-10 minutes MAXIMUM to present your findings. Please submit your PowerPoint slides via QMplus link by Friday 26th March 2021.
Recording of presentation deadline:
The management of a business is concerned about its inability to obtain enough fully trained labour to enable it to meet its present budget projection.
The amount of labour likely to be available amounts to £20,000. All of the variable labour is paid at the same hourly rate. You have been asked to prepare a statement of plans, ensuring that at least 50% of the budgeted sales revenues are achieved for each service and the balance of labour is used to produce the greatest profit.
- Prepare the statement, with explanations, showing the greatest profit available from the limited amount of skilled labour available, within the constraint (Hint: Remember that all labour is paid at the same rate)
- What steps could the business take in an attempt to improve profitability, in the light of the labour shortage?