SECTION 5:

Incremental Analysis assists in decision making to maximize the contribution margin per unit of a particular resource that limits output capacity. The chosen businesses for this question are a) Dental Services b) Supermarket c) Construction Companies d) Supermarkets

Answer the following questions: 1. Identify limiting factors (factors that are constraint in achieving maximum output) for each type of above businesses. 2. Suggest the ways of increasing contribution margin for each of these businesses and how can you use limiting factors identified in Point 1 for this decision making.

SECTION 6:

Visit scoro.com and explore their budget software services and answer the following questions:

1. What features are provided in their budgeting software? 2. Explain how the budgeting can help companies in assigning responsibility, strategize corrective actions based on variance, integrate departmental activities within an organization.

SECTION7:

Visit https://www.travelocity.com/ and note down the lowest airfare for a round trip from New York City to Orlando, Florida starting Monday morning and returning Friday evening. Answer the following questions:

1. Note that the budgeted airfare for this trip is $1,400 for 5 tickets. If the company sends 5 salespeople early Monday morning first flight, returning Friday evening last flight, calculate airfare spending variance. Is it unfavorable or favorable? 2. Compare reasonableness of the standards vis--vis current ticket prices. If yes, how management might have decided the accurate budget, if not identify, what could have been done to reduce variances.

SECTION 8:

Businesses have become international and cross-country transactions increased. Answer the following question on international project evaluation:

1. Identify key issues in international trading and their associated impact on future cash flows.