This website uses cookies to ensure you have the best experience. Learn more

Elder Services Essay

627 words - 3 pages

Background Elder Services is a not-for-profit organisation that has three departments housed in one location, in addition to the headquarters housed in an adjoining building. The organisation provides services for elderly clients who are still living at home. One department provides meals, one department provides cleaning services, and one department provides health care services. Elder Services relies on client fees and a small grant from the Federal Government to provide services. Following are the results from last year’s operations. Table 1 – Departmental Income Statement for year ended 30th June 2010 Departments Meals Cleaning Health Total Visits 10 000 10 000 10 000 30 000 $50 000 $100 000 $150 000 $300 000 Revenues Variable cost 30 000 50 000 120 000 200 000 (labour &supplies) Variable 5 000 2 000 5 000# 12 000 transportation Fixed 5 000 10 000 15 000 Transportation* Fixed costs (other)% 4 000 8 000 12 000 24 000 Allocated HQ cost 10 000 20 ...view middle of the document...

In light of these changes, the managers of Elder Services are trying to decide how to balance the budget.

1

Consulting Brief
Your consulting firm, HBC110 Consulting, has been employed by Elder Services to assist with a financial analysis of its operations. The objective of the anlaysis is to provide guidance to management on how best they can balance the budget. As part of your analysis your manager at HBC110 Consulting, has requested the following specific information be incorporated into your report: 1. The contribution margin per visit for each department together with a brief discussion on how this information can be used by Elder Services. 2. A contribution margin income statement showing the total contribution from each department. You should discuss how this contrasts with the information provided in Table 1 above regarding the “profitability” of each department. 3. A discussion on how the allocation of headquarter costs is impacting on individual department profitability. 4. Three proposals have been suggested to overcome the funding problems. The report needs to show the financial analysis, together with a discussion of any qualitative factors that the managers of Elder Services need to consider in making any decision in relation to the three independent options. a. Closure of the health services department. Elders have advised that there is no alternative uses planned for the health services space and no change would occur in headquarter’s costs. b. Increasing the number of cleaning services’ clients by 2000, and assuming no changes in fixed costs. c. Closing the meals division and leasing the space to another organisation for $2000 per month. 5. Refer to (4) above, discuss how you may go about acquiring the qualitative information. 6. Elders’ management have expressed concern that the current cost allocation system being used by the entity may not reflect resource usage by the individual departments. Briefly comment based on data provided in Table 1 above. Include a diagram showing the structure of the current cost allocation system. 7. As an alternative discuss whether a costing system based on activity cost pools would be more appropriate. Develop a model activity costing system that may be appropriate for Elders.

2

Other assignments on Elder Services

Bkaa 3023 Essay

1222 words - 5 pages |AI1010 | | 5. REFERENCES Akauntan Nasional (MIA) and Other Related Newspapers articles and journals. Arens, A.A., Elder, R.J., Beasley, M.S. Adapted by. Noor Afza, Faudziah Hanim, Nor Zalina, Mohamad Naimi and Rohami (2014). Auditing and Assurance Services in Malaysia: An Integrated Approach. 3rd Edition, Pearson Education, Kuala Lumpur.* Beasley, M.S., Buckless, F.A

Nelson Mandela Essay

566 words - 3 pages administration also introduced measures to encourage land reform, combat poverty, and expand healthcare services. Internationally, he acted as mediator between Libya and the United Kingdom in the Pan Am Flight 103 bombing trial, and oversawmilitary intervention in Lesotho. He declined to run for a second term, and was succeeded by his deputy, Thabo Mbeki. Mandela became an elder statesman, focusing on charitable work in combating poverty and HIV

Position Piece

815 words - 4 pages care not covered by Medicare. The elderly needs to be seen by a doctor and have proof as well as periodically seeing a doctor for care. Medicaid covers home health long-care services, medical supplies, and equipment. It commonly pays for at-home services supplied under state plans for people who would otherwise be institutionalized” (Strauss and Lederman 1996: 215). In other words, Medicare is basically a medical entitlement for social security

Translation Services With Non-Standardised Languages: What Happens At The Point Of Language Contact When Social Pressures Conflict With Professional Ethics?

2397 words - 10 pages Translation services with non-standardised languages: what happens at the point of language contact when social pressures conflict with professional ethics? The linguistic situation of Sierra Leone poses an interesting challenge to a hybrid tribunal such as the Special Court for Sierra Leone (SCSL). Sierra Leone is one of the smaller countries in West Africa; its population is now estimated to be around 6 million. Over 20 languages are in use

Medical Marijuana

1187 words - 5 pages marijuana at a young age and I never tried any other drug in my life. One thing that I do agree on is that it may cause more accidents at work because your judgment and reaction is a little slower. When it comes to pros on legalizing medical marijuana Joycelyn Elder a former US surgeon general stated” the evidence is overwhelming that marijuana can relieve certain types of pain, nausea, vomiting and other symptoms caused by such illness as multiple

The Alaskan Native And Health Promotion

1353 words - 6 pages ). Real identity crisis has hit the population where all their time fifty years ago was used strictly for hunting and gathering. Now they get checks in the mail and order food to be shipped in on the computer. The author of this paper has spent many years among these strong and kind people. They are incredibly resilient and have recently been thrown into the modern world. It was not uncommon ten years ago to meet an elder who still had memory of

Interview Preperation

1172 words - 5 pages company,,,,but my elder brother said that t Another more thing is that customers are always r8…….suppose they might say we are doing this thing wrong….that means we have room for improvements….. CV Business development is the creation of long-term value for an organization from customers, markets, and relationships. Long-Term Value First, what do I mean by “long-term value?”  In its simplest form, “value” is cash, money, the lifeblood of any

English Literauture

1986 words - 8 pages : (c) the Germans had ruined their family Answer4.6: (a) he thought the boys would prefer to keep their secret Answer5.1: This statements shows that the two boys were not ashamed of doing menial jobs such as shoe polish or fruit-vending. When the narrator saw them working as shoe shine boys he was surprised as he had seen them selling wild strawberries the previous day. He asked them about it. Then Nicola, the elder brother spoke that they did

Audit Program Design Part Ii

1588 words - 7 pages $5,765,082 Sassy Shoes No credit approval. Unpaid as of Dec. 31. | (Louwers & Reynolds, 2007) Analytical Procedures for Sales and Collections References Arens, A. A., Beasley, M. S., & Elder, R. J. (2012). Auditing and assurance services: an integrated approach. (14th ed.). Upper Saddle River, NJ: Pearson Education, Inc. Louwers, T. J., & Reynolds, J. K. (2007). Apollo Shoes, Inc.: An audit case to accompany Auditing and Assurance Services. New York, NY: The McGraw-Hills Companies, Inc.

E-Harmony

1632 words - 7 pages bargaining power because of high number of subscribers. Since eHarmony leads the industry in terms of customer satisfaction and results, individual buyers have low power. Competitive Advantage Of eHarmony eHarmony’s competitive advantage comes from being one of the first online dating sites focused on long-term relationship oriented individuals giving them the opportunity to build their brand identity as the trusted relationship services provider in

Elderly Lesbians And Breast Cancer

1897 words - 8 pages lifestyle, socioeconomic status, healthcare practices, and access to services (Brown & Tracy, 2008). There is a pressing need for understanding of the health care disparities faced by elderly lesbians, so that the needs of this group can be adequately met. In the United States, breast cancer is the most common cancer among women. Several risk factors for breast cancer are at least partially modifiable, and are present more among the lesbian

Similar Documents

Elder Abuse Essay

2179 words - 9 pages Gibbs (2010), “In the past 30 years, awareness of elder abuse has been raised by a minority of professionals in healthcare, social services, law enforcement and public service” (p534). To help give a more adequate view of this issue, the definition of elder abuse and mistreatment, the effects on the elders themselves, what some of the causes are, and what is being done to help prevent and/or solve this problem will be covered in this essay. After

Crime Against Elderly Essay

7543 words - 31 pages the National Center of Elder Abuse is limited, as they provide technical assistance and a funding to support the cause. Furthermore there are even involvements of non-profit organization like National Committee for the Prevention of Elder Abuse established in 1988, and the National Association of State Adult Protective Services Administrators, established in 1989. In Australia and Canada there are some provinces or states that had taken action

Bshs/305 Helping Field Essay

367 words - 2 pages employment services, child and elder care operations, mental health agencies and domestic violence efforts. Your role may include helping others obtain services, monitoring and keeping records, organizing or leading group activities, assisting clients in mastering everyday living skills and modeling healthy behaviors for residents or clients. For people like Amy and her coworkers, the possibilities and opportunities are endless. Most human services

Audit Report And Control Evaluation

404 words - 2 pages communication between the auditor and any other party must also be documented in the report (Arens et. al, 2012). The auditor then evaluates the factors that can reduce this fraud risks and presents everything in the report to management. References: Arens, A.A., Beasley, M.S., Elder, R.J., (2012), Auditing and Assurance Services, Fourteenth Edition Apollo Shoes, Inc - McGraw-Hill/Irwin, 2007, The McGraw-Hill Companies, Inc., Retrieved from University of Phoenix Website