£99,000 Sale Staff salaries £259,200 Warehouse Staff wages £120,960 Administration Staff wages £122,946 General Overheads £700,000 £1302,496 Activity | Cost Driver | Design Staff salaries | No. of Consultations with design staff | Sale Staff salaries | No. of items sold | Warehouse Staff wages | No. of items sold | Administration Staff salaries | Purchase orders | General Overheads |
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EROW SARNIA 1 PLANT Halobutyl SARNIA 2 PLANT Butyl ANTWERP PLANT Butyl & Halobutyl AGENDA Polysar Ltd. Introduction to Polysar Standard Costing Variance Analysis for Variable Costs Fixed Overhead Volume Variance Transfer Pricing POLYSAR 1a) What evidence do we have that Polysar is on a standard costing system? 1b) Interpret the amount $22,589 on Exhibit 2, for variable costs. 1c) Interpret the amount $21,450 on Exhibit 2, for variable costs. POLYSAR 1d) Evaluate
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materials, we make sure that our products are eco-friendly and hazard free. Cheaper than products currently in the market, we make sure that you get more value for your money by offering products of upmost quality. Our signature product is a plant-based paint like no other. The Opuntia ficus-indica is an arid-climate, edible plant characteristic of its rich nutrient and mineral content. Serving as a food in countries like Mexico, it can also be used as a primary component in insulating oils. Its properties
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accounting periods. Is an organization that follows this approach likely to encounter any problems? Explain. Guided Response: Review your peers’ posts and respond to at least two of your classmates. Describe how job order costing, process costing, or activity based costing could resolve or exacerbate the issues your classmates discussed in their initial posts. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 206 Week 4 DQ1 Issues in order to ace their studies
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transition to a balanced scorecard let us review the first part of the research, as well. Definition of a Balanced Scorecard The balanced scorecard is a strategic planning and management system that is used extensively in business and industry, government, and nonprofit organizations worldwide to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals. It was originated by Drs.
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be conducted, and an activity-based costing analysis was undertaken in one of the company plants. After the study, a breakeven analysis was completed along with target profit projections. For this task, you will be using the attached “Competition Bikes Inc.” storyline. Task: A. Prepare a summary report to the vice president of the company in which you do the following: 1. Recommend whether the company should change its costing method to activity-based costing. Note: The discussion
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Scorecard? Is there any relation between spreading knowledge about the Balanced Scorecard and specific contingency variables? Traditionally managers evaluate performance with exclusively financial measures. The first performance evaluation models were based solely on financial measures (BANKER; MASHRUWALA, 2007; CORONA, 2009; LUFT, 2009; MARTIN; PETTY, 2000). However, over-emphasis on this assessment method may drive managers to try to maximize short-term financial results, thus harming the sustainable
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Broadening Your Perspective Broadening Your Perspective Ideal Manufacturing Company is an Illinois-based company which produces a farm and agricultural related machinery products. Research department is the only department in the company that has been contributing a new products for several years. The research department facilitates only in-house manufacturing departments and assist them in producing farm and agriculture related machine products. The Ideal Company has never sold his research
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past, but he has not done so as yet. Because of the product cost mess he has no order in management. He realizes his prices are too low, but he cannot figure out the product price structure and a course module pertaining to cost behaviors, product costing, and relevant costs. As a result, it is hard for him to give the exact price for four different kinds of glasses. Also, he only has a few thousand dollars. If he does not sell the products on time he will run out of money. The main solution is
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and organizational costs: Start-up costs are costs for setting up or investigating the creation or acquisition of a business. Start-up costs include any amounts paid or incurred in connection with an activity engaged in for profit or for the production of income in anticipation of the activity becoming a business. Organizational costs include the costs of creating a corporation. Start-up expenditures and the costs of organizing corporations and partnerships generally cannot be claimed as a current
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