how “Vision and Mission statement” influence the organization’s

Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
Submissions without this cover page will NOT be accepted.
Assignment Question(s):(Marks 5)
Q1. Examine with suitable examples, how “Vision and Mission statement” influence the organization’s decision making process? Also provide vision and mission statement of any two Saudi companies.(1.5 Marks)
Answer:

Q2. The following data has been taken from the records of ABC Company for the year 2015: (1 Marks)
Month
Units Produced
Total Cost (SAR)
January
3,500
35,500
February
3,750
35,750
March
4,000
36,000
April
4,250
36,250
May
4,500
38,000
June
4,750
43,000
July
2,750
32,000
August
3,250
32,500
Required:
Using the high-low method of analysis, find out variable cost, fixed cost and determine a cost function.
Answer:

Q3. MNM Corporation provides you the following accounting information related with a particular product: (1.5 Marks)
Particulars
Amount (SAR)
Selling price per unit
500
Variable cost per unit
200
Total fixed cost
240,000

Use cost volume profit analysis to answer the following questions:
Determine the break-even point in units?
Determine the break-even point in sales value SAR?
What will be the pretax profit if company sells 1,200 units of the product?
How many units the company will be required to sell to reach a target pretax profit of SAR 150,000?
Answer:
Q4. X Ltd. makes metal products and sells a metal product for SAR 150 per units. The company’s variable cost is SAR 35 per units and total fixed cost are SAR 51,750. The company’s estimated next year budgeted sales are 1,500 units. You are required to calculate:(1 Marks)
Degree of operating leverage
Margin of safety in units
Margin of safety in SAR value