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Hi, I am wondering if you can handle a project for management accounting. This is a project that is due on Tuesday 4th. Attached is

Hi, I am wondering if you can handle a project for management accounting. This is a project that is due on Tuesday 4th. Attached is the project. Take a look and tell me if its something you can handle. Thank you!

The project is worth Project 40% of my course and here is the beginning of the question. Please download the file

?Adding time to your day? is the slogan of Holzmann Cleaning Services (HCS). The

en years later, the business has grown in size and has expanded throughout the city

and local rural areas. Gretel is the majority shareholder of the private corporation with

two other shareholders. The company consists of a full-time staff of three operations

managers (one for commercial operations and two for residential operations), an

administrative staff of three, and part-time cleaning staff of over 200 university students,

called cleaning agents. Not only is Gretel able to provide high-quality cleaning services

to her clients, but she is also able to offer university students part-time work, reducing

the need for student loans.

company was started by Gretel, who began offering cleaning services to support herself

while she was in university studying for a business degree. At the age of 21 she was

determined to be known as more than a simple labourer who needed to fund her

education. She researched different cleaning products and methodologies to deliver a

fast and thorough service to her clients.

The company also owns a fleet of three vans that are used to transport cleaning agents

to and from work sites. A fourth van is available for the operations managers to make

site visits if necessary.

Gretel?s training regimen is thorough as potential hires are trained in the areas of

cleaning products, effective cleaning methods and acceptable deportment when

entering a client?s residence or place of business. Through this training process, which

Gretel carries out herself, she is able to hire only those individuals she feels would

provide the high-quality service that keeps clients coming back.

Recently, Gretel engaged Martine, a CPA and a local consultant, to review the latest

operating statement. Gretel is discouraged with the 20X6 profit margin (Exhibit 1).

Additionally, she is concerned with the cash flow as there are seasonal fluctuations in

the work, with more work in the months of March and April when many homeowners

request more hours for spring-cleaning chores. As such, Gretel must ensure that there

is enough cash on hand to build cleaning supplies inventories and pay for training of

any new recruits required to handle the extra work. Other than springtime, cleaning

supplies inventory on hand is minimal.

She is hoping that Martine will provide some guidance that will help the company attain

its profit margins. She has called a meeting with Martine, Sam, the operations manager

of commercial operations and Ling, one of the operations managers of residential

operations.

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