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Required Format
The answers to the case study questions should:
Not exceed the m
Required Format
The answers to the case study questions should:
Not exceed the maximum of 5 pages.
Explain all exhibits or tables within the 5 pages.
Consider that what you choose to write about is almost as important as what you say about it.
Adhere the the formatting specifications including:
Briefly describe the purpose of the case.
State the question you are addressing
Add in the corresponding analysis
Present a specific recommendation with your reasons, if required (do not waste space repeating case facts).
Note: Where appropriate, please show all your analysis in answering the questions.
Questions
Case: Giberson’s Glass Studio
How well is Mr. Giberson doing?
How many pieces can he make in a year?
Determine the expected annual revenue.
Determine the operating costs.
Which of Mr. Giberson’s operating costs are variable in nature and what activity they vary with?
Which of Mr. Giberson’s operating costs are fixed in nature and why so?
Determine the annual income or loss.
How efficient was Mr. Giberson in using his time? How efficient was glass utilization?
What was the variable cost per unit and contribution margin of vases?
What is the total cost per unit of vases?
Can Mr. Giberson change any aspect of the business in order to lower costs? What recommendations would you have for Mr. Giberson to price his products?
Note: Please refer to your analysis of questions 1-4, in order to answer number 5.
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