The Little Theatre Accounting Flexible Budget Analysis Essay Example

The Little Theatre Accounting Flexible Budget Analysis Paper The Little Theatre Case 9. 26 Case 9. 26 After the beginning of the year, the board of directors of the theater authorized expanding the theater’s program to seven productions and a total of 168 performances. Not surprisingly, actual costs were considerably higher than the costs from the planning budget. Grants from donors and ticket sales were also higher. After completing the analysis for the Little Theatre we found that several items could be implemented to have an accurate cost model in the future. First, we prepared a flexible budget for the Little Theatre based on the actual activity of the year. We found that there were a number of cost items such as wages, scenery items, and administrative expenses that were under estimated compared to the original anticipated budget. We also found that there were items such as the theater hall rental and the cost of the printed programs that cost less than the budgeted items. Secondly, we prepared a Cost Budget Performance Report for the year that reflected the breakeven point. We have identified the price and the number of tickets we have to sell in order to cover the cost of the number of productions and the number of performances. The breakeven point was based on the actual cost of each expense. The question was asked, â€Å"If you were on the board of directors of the theater, would you be pleased with how well costs were controlled during the year why or why not? † We were not totally satisfied with the way costs were controlled during the year because the costs below were higher than we anticipated. †¢Wages †¢Costumes †¢Publicity †¢Administrative Expenses We will write a custom essay sample on The Little Theatre Accounting Flexible Budget Analysis specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Little Theatre Accounting Flexible Budget Analysis specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Little Theatre Accounting Flexible Budget Analysis specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The market may be the reason for the expenses being higher than we forecasted. For example, the theatre may not be able to pay a lower wage to the actors. In the future in order to have an accurate cost model we may improve on expenses such as costumes. We may submit bids to other vendors to see if we can lower costs. Finally, the cost formulas provided figures for the average cost per production and average cost per performance. We wanted to find out how accurate these figures would be for predicting the cost of a new production or of an additional performance of a particular production. Our analysis revealed that if the Little Theatre did six productions and one hundred and eight performances, the total cost would be $514,921 and the number of tickets that would need to be sold would be 10,298 at a price of $50. 00. We also found that the cost to produce seven productions and one hundred and sixty eight performances would be $726,900. In addition, the number of tickets that would need to be sold in order to cover this cost would be 14,438 at a price of $50. 00. Over all we project the Little Theatre will be successful if they continue to master the flex budget model.

No name woman Essays

No name woman Essays No name woman Paper No name woman Paper Essay Topic: Woman On the Edge Of Time A persons identity cannot be given to them, instead a person must achieve a sense of her character through personal experience and self search. In No Name Woman, Maxine Hong Kingston recalls the events of her aunts life in the elusive world of her Chinese roots. The story of her aunt is told by her mother and Kingston recreates the events into an exploratory story to help herself figure out what part of her existence is Chinese and help her better understand the Chinese culture. By retelling her aunts story, Kingston seeks to incorporate both her Chinese and American identities and mold them into her own individual identity. Kingston, a first generation American, finds that as a result of her cultural heritage and current surroundings, it is extremely difficult in resolving her identity. She is a product of a very strong Chinese culture growing up in American and so her identity becomes multifaceted. In attempting to resolve who she is and her cultural roots, she discovers that her identity is characterized in relation to her Chinese identity, her American environment, and the combinations therein. In the opening scene of the story, the audience is immediately presented with a tragic story within a story. The events viewed in retrospect through the eyes of the narrators traditional conservative mother seem skewed and moralistic, delivered in an instructive voice. The mothers speech is purely didactic. She is telling this story to Kingston to teach a lesson; never do what your aunt has done and do not bring shame upon the family name. Instead of clearly accepting this tale, Kingston has a hard time believing and consenting to her mothers message. Although Kingston is to never speak of the aunt and pretend that the aunt never existed, she disobeys her mother and comes up with a speculative version of events in retelling her aunts story. Kingstons story seeks meaning in the Chinese culture system in order to strengthen her individual identity. It also shows that certain aspects of the people and traditions of a cultural background can be disturbing at times. To be a woman, to have a daughter in starvation time was enough Women in the old China did not choose (Kingston 6. The Chinese community that held the most meaning for Kingstons cultural identity had been lost somewhere in the past. The only knowledge Kingston has of anything Chinese had come from her mother, but that was not enough for her. She has only vague memories and imaginations of such a community that serve as a backdrop for the goal she seeks in strengthening her identity in relation to her ancestral and cultural makeup. For Kingston, she had become separated from part of her heritage. She struggled in attempting to understand the meaning of this heritage in a world that is different from the older generations. She illustrates this confusion and difficulty in attempting to understand her cultural roots when she says, Chinese Americans, when you try to understand what things in you are Chinese, how do you separate what is peculiar to childhood, to poverty, insanities, one family, your mother who marked your growing with stories, from what is Chinese? What is Chinese and what is the movies? (Kingston 5). Kingston wants to tap into this old world her parents and ancestors belong to in order to better understand how she became who she is, but this world is so vague to her. As a result, she seeks a medium through which she can more closely relate to her cultural roots and therefore strengthen her own identity. Kingston accomplished this through knowledge of her female relatives lives in China so that she may better understand their role in the community and how they were affected by this role, more precisely, she examined the life of her aunt the outcast of her family. Kingston uses differences and similarities in the three separate narratives to explore the mores of traditional Chinese culture, the differences between Chinese culture and American culture, and ultimately to condemn the traditional roles of women in a Chinese society. Clearly, the disparate narratives of her mother, aunt, and narrator all reveal a different viewpoint on Chinese culture. The mother is clearly supportive of the aunts finale fate and symbolizes the traditional view of women in society. The story her mother tells is extremely clear-cut and black and white.