read and article and answer 2 questions of aprox. 250 words.. straight to the point

Imagine that you are writing an internal document for your company on the differences between project, program, and portfolio management. In your initial post, share some topics that you would discuss in the internal document.  In your responses to your peers, comment on someone else’s approach to creating the document. Do you agree with the topics they discussed for the internal document? Why or why not? If their topics are different from yours, why do you think you used different information in creating the document? This is the post to respond to: If I had to write an internal document on project, program, and portfolio I would cover topics such as the different types of management styles that each of the managers have, a project manager is the one that delivers a project to a group and is efficient and reliable, a program manager is more about the strategic approach when it comes to projects, and the portfolio manager is more about keeping the organization on track of what they are doing. I would also talk about how they work all together even though they are so different, they help organizations understand the roles that they each play to bring the completion of the strategic goal that they want to accomplish.

Complete the Week 1 Case Study focusing on cost-volume-profit analysis.Background Information:Turner Woodworking, LLC is a small family owned manufacturing business. They have three primary products:BirdhousePorch swingFreestanding hammockAll products are made within their existing on-site manufacturing facility.Current selling prices are as follows:ProductsSelling price per unitBirdhouse$58Porch swing$525Freestanding hammock$375Material requirements for each product are as follows:BirdhouseMaterialQuantity required per unitPriceWood4 board feet$3 per board footFinishing products0.5 quarts$6.20 per quartPorch swingMaterialQuantity required per unitPriceWood40 board feet$3 per board footHardware1 set$25 per setFinishing products3 quarts$6.20 per quartChains28 feet$1.85 per footFreestanding HammockMaterialQuantity required per unitPriceWood12 board feet$3 per board footHardware1 set$25 per setFinishing products1 quart$6.20 per quartRope180 feet$0.75 per footLabor hours for each product are as follows:ProductsLabor HoursBirdhouse1.5 hoursPorch swing3.5 hoursFreestanding hammock6 hoursThe direct labor rate is $14 per hour. The company employs 8 workers in the manufacturing area. Each employee works an average of 160 hours per month for total monthly estimated direct labor hours of 1,280. The manufacturing facility incurs the following monthly fixed costs:Lease$9,500Utilities$1,800Equipment depreciation$2,200Supervisor salary$3,000Indirect materials$780Management allocates fixed manufacturing overhead costs by considering the dedicated square footage in the factory, equipment used in production, and direct labor hours required to make the product. Based on their analysis, they have arrived at the following allocation per product line:ProductsFixed Cost Allocation PercentageBirdhouse15%Porch swing50%Freestanding hammock35%Requirements:Compute the variable cost for each product.Compute the contribution margin for each product.Compute the contribution margin ratio for each product.Compute the break-even point for each product assuming the existing allocation rate for fixed manufacturing overhead.Compute the target profit break-even point assuming that management wishes to earn the following profit levels:ProductsTarget ProfitBirdhouse$6,000Porch swing$12,000Freestanding hammock$8,000During the month of August, the company manufactures and sells the following:ProductsQtyBirdhouse230Porch swing90Freestanding hammock88Prepare a contribution margin income statement assuming that fixed selling and administrative expenses are $5,300. While management has extensive knowledge of woodworking and manufacturing, they have no background in accounting or finance. Prepare a memo to management (two-page minimum) to explain your findings from the CVP analysis performed above.Be sure to include the following elements:Key findings related to contribution margin ratios, break-even points, and target profit.Using CVP analysis to better understand cost behavior and maximize profitability.Conclusions related to current staffing and future staffing considerations.Using CVP analysis to make better sales-mix decisions.Applying CVP concepts in scenarios of constrained resources such as labor or equipment.Implementing CVP to improve pricing decisions.Incorporating CVP into capital investment decisions.The Week 1 Case Study paperMust be a minimum of two double-spaced pages in length (not including title and references pages) and formatted according to APA Style as outlined in the Ashford Writing Center’s APA Style (Links to an external site.) resource.Must include a separate title page with the following:Title of paperStudent’s nameCourse name and numberInstructor’s nameDate submittedFor further assistance with the formatting and the title page, refer to APA Formatting for Word 2013 (Links to an external site.).Must use at least two scholarly sources in addition to the course text.The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.Must document any information used from sources in APA Style as outlined in the Ashford Writing Center’s APA: Citing Within Your Paper (Links to an external site.) guide.Must include a separate references page that is formatted according to APA Style as outlined in the Ashford Writing Center. See the APA: Formatting Your References List (Links to an external site.) resource in the Ashford Writing Center for specifications.