Manac Plc Case Study

List of Content

List of Content2
Introduction3
Presentation of Findings3
depute 13
Short-run monetary value decision4
Long-run determine decision4
Pricing policies6
Price skimming policy7
brainwave policy8
Recommendation8
Task 29
Standard cost9
Sales volume variances11
Sales value variance12
roil variance12
Recommendation13
Task 313
Activity establish costing13
Absorption courting System15
Recommendation16

Introduction
Manac Plc produces and sells a wide range of standard electronic goods. The production and sales take place in different countries around the world. Currently,
Manac plc is employ standard costing and absorption costing as section of its strategic management accounting.
The Board of Directors is concerned that the Manac Plc is not opposition its bud deviled target profits. This report is written to take a impendent look for variances which might be reasons for the lower profits.
The report result have a closer look at pursuance topics:
a. The models and concepts affecting the pricing decision and their usefulness
b. The use of Variance analysis and its limitation.
c. The advantages and disadvantages of introducing an Activity Based Costing system to replace the menstruation Absorption Costing system.




Presentation of Findings
Task 1
First of completely it has to be decided if the familiarity is a price typographer or a price taker. A price typographer is a company, usually one who has a monopoly in their market, that has profuse influence to set the demand and price of their product.
A price taker on the other hand is a company that is not influential enough to have an effect on the price of a product. In the business world a blotto might be a price setter for some(prenominal) products and a price taker for other (Drury, 2009).
Short-run pricing decision
Cost information has an important impact on the pricing decision. The company can face short-run or long-run pricing decisions.
A short-run pricing decision lasts up...If you want to get a full essay, order it on our website: Orderessay



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