$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Essentials To Managerial Accounting Engage

tag 0 Download4 Pages / 917 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT


Discuss About The Essentials To Managerial Accounting Engage?




This case is about Hawthorn Leisure Works which offers tennis court and other physical fitness facilities to its members. Their revenue is from membership fee and court fee. They want to change their fee structure and regarding that an analysis need to be done in comparison to their old plan. They want to analyse as if new plan regarding fee structure will help to improve the revenue or not (Lalli, 2011). They are planning to remove the court fees from their revenue structure and merge the student segment with the individual segment.  There were total 2000 members in the old plan and 70% of those members will continue their membership in the new plan. The new plan consist of only the membership fee and no court fee is there in the new plan. They are estimating that the court fee will be recovered by them with their new plan within six months of the implementation. They further estimate that the new plan will increase the revenue as compared to the old plan. A complete analysis is made regarding the revenues of the HLWs in their old plan as well in their new plan (Heisinger, 2009)

Annual membership fees(old plan)


 $               45.00


 $               30.00


 $             100.00

Total Members








10 Courts and 12 hours per day

Peak tennis season

October to April

Court fees




Capacity (5pm to 9pm)

90%-100% Avg. 95%

$12 per hour

Capacity(9am to 4pm)

50%-60% Avg. 55%

$8 per hour

Off season

May to September





Court usage(Capacity)

20%-40% Avg. 30%

$ 6 per hour

Old Plan( Revenue)


Membership Fees



 $        22,500.00


 $        15,000.00


 $     1,00,000.00

Court Fees


Peak Season



 $        82,536.00


 $        63,712.00

Off Season

 $        39,744.00

Total Revenue

 $     3,23,492.00

New Plan of annual membership fees


 $         300.00


 $         500.00

Promotional( for complete year)



 $         250.00


 $         450.00

New Plan (Revenue)


Membership Fees





 $    75,000.00


 $ 1,25,000.00






 $ 1,12,500.00


 $ 2,02,500.00

Total Revenue

 $ 5,15,000.00

Yes, the new membership plan and fee structure improve the ability to plan the cash receipts as under the new plan the membership fee is only there and no court fee is there as any member can use the court at any time without paying any fee. Although the no. of members in the new plan have decreased from 2000 to 1700 but still the revenue increased in comparison to old plan. The increase in revenue will improve the fee structure and the new plan is worthy for company. (Johnson, 2014).

The sales revenue will increase resulting from the planned change in the fee structure for next financial year (Drury, 2005). They changed their revenue structure as earlier the revenue was from membership fee and court fee and in the new plan the revenue is only from the membership fee but still there is considerable increase in the revenue with the implementation of new plan. The sales revenue under old plan was $ 3, 23,492.00 and the sales revenue under new plan $ 5, 15,000.00.

The assumption made by me is regarding the calculation of court fees as the percentage range is given for the occupancy of the court. So, I took the average of the given range. As either we need to take any of the upper or lower range or average of the range one fixed criteria need to be followed.

HLW should accept the new plan as the revenue will increase and the complexity of managing the fee structure will decrease on part of the management. The members will also be happy as there will be no separate fee regarding court usage (Clowes & Scriven, 2015). The fall in the no. of members will be combat by the new fee structure very soon as the membership fee increased as compared to the old plan.



As per the analysis being done regarding the acceptance of new plan or continuing with the old plan it is recommended to accept the new plan as the revenue got increased (Barney, 2014). The revenue under old plan was $ 323492 and the revenue as per the new plan is $ 515000. The benefit is clearly there and no other contention is required to support the new plan.



Barney, J. B. 2014, Gaining and Sustaining Competitive Advantage, Pearson Higher Ed.

Clowes, R & Scriven, V 2015, Budgeting: A Practical Approach, Pearson Higher Education AU.

Drury, C 2005, Management Accounting for Business, Cengage Learning EMEA.

Goektuerk, H 2007, Activity Based Costing (ABC) - Advantages and Disadvantages, GRIN Verlag.

Heisinger, K 2009, Essentials to Managerial Accounting, Cengage Learning.

Johnson, P. F. 2014, Purchasing and Supply Management, McGraw-Hill Higher Education.

Lalli, W. R. 2011, Handbook of Budgeting, John Wiley & Sons.

Potts, Keith, and Ankrah, N 2014, Construction Cost Management: learning from case studies, Routledge.

Wiese, N 2009, Activity Based Costing, GRIN Verlag.

Download Sample

Get 100% money back after download, simply upload your unique content* of similar no. of pages or more. We verify your content and once successfully verified 100% value credited to your wallet within 7 days.

Upload Unique Document

Document Under Evaluation

Get Credits into Your Wallet

*The content must not be available online or in our existing Database to qualify as unique.

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2019). Essentials To Managerial Accounting Engage. Retrieved from

"Essentials To Managerial Accounting Engage." My Assignment Help, 2019,

My Assignment Help (2019) Essentials To Managerial Accounting Engage [Online]. Available from:
[Accessed 14 August 2020].

My Assignment Help. 'Essentials To Managerial Accounting Engage' (My Assignment Help, 2019) <> accessed 14 August 2020.

My Assignment Help. Essentials To Managerial Accounting Engage [Internet]. My Assignment Help. 2019 [cited 14 August 2020]. Available from:

For years, has been operating as one of the cheap assignment help providers in the USA. We are one of the best college paper writing services that keep service price minimal. We do not let the affordability of our service to hamper the standard of our work. We have separate teams of experts to provide report writing help . At, we believe in earning credibility, so students can pay for assignments only after getting satisfied solutions. Tough assignments bother you? Trust us with your project. You will not regret paying us to write assignments for you.

Latest Accounting Samples

ACC599 Graduate Accounting Capstone 2

Download : 0 | Pages : 6

Answer: Three Benefits from Going Public There are many ways in which the medium-sized company can be benefitted and three of them are discussed below: Influx of Capital – The medium-sized business will be able to sell large block of shares of the company at the time of initial public offering (IPO) when it goes public. This creates large influx of capital at a single time while the company is not required to incur debt. It can fa...

Read More arrow Tags: United States 34 Graduate Accounting Capstone Strayer University 

HI5020 Corporate Accounting : Shareholder Information

Download : 0 | Pages : 8

Answer: Requirement-1: Items of Equity The term equity in the financial statements refers to the funds of the company which belong to the owners. Therefore, in finance equity is also termed as shareholder’s fund. The position of equity as per the annual report for the year 2016 of Ridley Corporation Limited is given as under: Item Amount (2016’000) Amount (2015’000) Share Capital 214,445 ...

Read More arrow

MACC615 Accounting Theory

Download : 0 | Pages : 4

Answer: Case 4-4 Research Methodology Several research methodologies help in developing accounting theory. Accounting theory includes the deductive approach, inductive and pragmatic research as the deductive approach includes the development of theory for identifying objectives. The deductive approach is essential for a mental type of research for accounting theory which includes the capability to correctly identifying and relating the variou...

Read More arrow Tags: United States 5 Accounting Theory Minnesota State University 

ACCT11081 Introductory Financial Accounting

Download : 0 | Pages : 12
  • Course Code: ACCT11081
  • University: Central Queensland University
  • Country: Australia

Answer: Introducion: As per the requirement I would like to express my viewpoints on recording transactions with parties and also state the importance and requirements of such transaction recording. The maintenance of records is important so that the accountants can have an overall understanding of the financial reporting process. The global financial crisis of 2008 showed that the trust in the business can be a major concern for the business...

Read More arrow

ACC203 Management Accounting For The Training And Staffing Cost

Download : 0 | Pages : 6
  • Course Code: ACC203
  • University: Polytechnic Institute Australia
  • Country: Australia

Answer:   Part a Revenue budget  2018     Particulars Amounts   Number of units sold 2000   selling price per unit  $              800.00   Total Sales Revenue  $  16,00,000.00       Part b  ...

Read More arrow

Save Time & improve Grade

Just share Requriment and get customize Solution.

We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits




Overall Rating



Our Amazing Features


On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.


Plagiarism Free Work

Using reliable plagiarism detection software, only provide customized 100 percent original papers.


24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.


Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.


Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1592 Order Completed

96% Response Time

Jane Sima

Ph.D in Psychology with Specialization in Industrial-Organizational Psychology

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

203 Order Completed

97% Response Time

Richard Alpert

PhD in Psychology

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1758 Order Completed

99% Response Time

William Martinez

MS in Biology

Washington, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

2830 Order Completed

97% Response Time

Leroy Bicknell

MBA in Marketing

London, United Kingdom

Hire Me

FREE Tools


Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.


Essay Typer

Get different kinds of essays typed in minutes with clicks.


GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.


Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.


Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability




Your Approx Earning

Live Review

Our Mission Client Satisfaction

Awesome work. Awesome response time. Very thorough & clear. Love the results I get with MAH!


User Id: 383727 - 31 Jul 2020


student rating student rating student rating student rating student rating

Work was done in a timely manner took it through grammarly checked for plagiarism very well satisfied


User Id: 463334 - 31 Jul 2020


student rating student rating student rating student rating student rating

Great work for the short notice given. Thank you for never disappointing and helping out.


User Id: 194216 - 31 Jul 2020


student rating student rating student rating student rating student rating

I received a full point on the assignment. Thank you for all the help with the assignment.


User Id: 411395 - 31 Jul 2020


student rating student rating student rating student rating student rating
callback request mobile
Have any Query?