Marks rubrichighly satisfactory passcomplete
Weighting: The total mark for this assignment is 40 and is worth 15% of your total assessment.
Due date: Week 13, Thursday 23rd June at 11:55pm. ALL ASSIGNMENTS HANDED IN AFTER THIS TIME WILL BE REGARDED AS LATE ASSIGNMENTS.
The assignment must be written in Microsoft Word. Handwritten assignments will NOT be accepted.
DO NOT convert the word document in pdf format when uploading the assignment.
Ensure that the student details (full name and ID number) are stated clearly on the cover page. Design your own cover page.
Your answers to the assignment questions (excluding the cover page and the logbook) must be written in a maximum of two A4 size pages, using Times New Roman with a 12-font size. Any answers beyond 2 pages won’t be marked.
While no sales tax would be charged on goods sold to the potential buyers in Tuvalu, they insist that the $880,000 should include the $40,000 customs duties which would be charged on the goods. Furthermore, owing to the difference in the type of spirit oil available to power brush cutters in Tuvalu compared to that in Australia certain specifications changes in the design of the brush cutters would have to be made if the order was accepted. These would cost $24 per unit.
The following additional information is available which may or may not be relevant:
Labour grade II has recently accepted a 10% pay rise, but only after a two week strike. The new pay rise has not been incorporated into the Company’s system of standards as yet.
Standard variable overheads of $40 per unit of production can reasonably be expected and fixed overheads of $80 per unit can be considered an equitable allocation of the fixed overhead burden.
I look forward to your early reply.
Yours faithfully,
Before drafting a letter to the managing director of Orchrist Ltd, analyze whether accepting the order in Tuvalu under special terms compromises the market in Australia. Although it is impossible to ship back the grass cutters from Tuvalu to Australia, in your analysis, calculate the relevant cost of the grass cutters if it were to be shipped back to Australia. (10 marks)
Draft an appropriate letter to the managing director of Orchrist Ltd explaining why you will be, or not intend, offering them revised terms for purchasing Palentir’s brush cutters. (Note: The length of the letter should be like the letter that Mr. Sartist wrote). (5 marks)
Elements of Marking | Allocated marks | Complete but not fully accurate, comprehensive or insightful |
Below Standard/Unsatisfactory |
|
---|---|---|---|---|
Report to the board | 15 | The report highlighted all the relevant costs to Palentir Ltd with appropriate decision on the special order. | The report highlighted majority of the relevant costs to Palentir Ltd with appropriate decision on the special order. | The report highlighted few of the relevant costs to Palentir Ltd and with inappropriate decision on the special order. |
Analysis of the special order | 10 | All the relevant information from the case were highlighted and the adjustments to the relevant costs are all correct. | Some of relevant information from the case were highlighted and the adjustments to the relevant costs are partially correct. | Few of the relevant information from the case were highlighted and the adjustments to the relevant costs are all incorrect. |
Letter to Orchrist Ltd | 5 | The letter is concise, professionally written and clearly highlight the decision. | The letter is concise, professionally written but vaguely highlight the decision. | The letter is poorly written with unclear decision. |
Online submission requirement | 5 | The assignment was submitted on-time submission with less than 20% similarity index. | The assignment was submitted on time with a 20%-30% similarity index. | The assignment was late with more than 30% similarity index. |
Teamwork | 5 | The logbook was submitted and clearly states the meeting times and the allocation of duties. | The logbook was submitted but with limited information on meeting dates and allocation of duties. | The logbook was not submitted. |
Total marks & Overall comments |