Operations Exam Framework Exam writing * Use headings and titles * Be short and clear * Executive summary is useful * Use exhibits + quantitative analysis * Don’t repeat case facts Strong Exams * Support claims with evidence * Are specific * Address root causes * Prioritize time and actions * Impact of actions * Organization of report * Use exhibits for assumptions * Actions consistent with analysis Read the Case Executive Summary
Words: 2426 - Pages: 10
| | |Activity-Based Costing | |Product/Cost Relationships | |
Words: 1203 - Pages: 5
Unit three Written Assignment Debbie Crabtree MT435 Operations Management Kaplan University February 17, 2014 Introduction Albatross Anchors is a family owned business that began in 1976 with four family members and has grown over the years now employing 130 people. The company’s facility is located on 12 acres of land and is comprised of only one building. This building includes the administrative offices, shipping and receiving, foundry, manufacturing and large machine area
Words: 1626 - Pages: 7
Assignment Title: Financial Business Report on Apache Electronics Name: Fitzroy A Sherwood Student Registration number: 1306059 Module: BE162 Financial Decision-Making Introduction In this assignment, I will be providing a formal business report to my bank manager stating the launch of a new business that will be importing goods to the United Kingdom. I will also be describing my chosen business and the three products and their prices that
Words: 2879 - Pages: 12
Business Research – July/August 2010 Volume 26, Number 4 A New Look At Management Accounting Mohammad Talha, King Fahd University of Petroleum & Minerals, Saudi Arabia John B. Raja, Multimedia University, Melaka, Malaysia A. Seetharaman, S P Jain Center of Management, Singapore ABSTRACT This paper presents a comparison of the traditional management accounting with the new approach of management accounting with the use of latest information technology and manufacturing technologies. The information
Words: 8445 - Pages: 34
Eunice Eng Yoke Fang PBS1311031 Case Study (Galvaset) Company Background: Information Provided: Direct Labour Rate = $ 20 per hour Expected Production Level = 50 000 units Labor Hours Required = 200 000 hours Activity (Cost Driver) | Budgeted Costs for 2010 | Cost Driver Used as Allocation Based | Cost Allocation Rate | Material Handling | $ 325 000 | Number of parts used | $ 0.25 per part | Cutting & Lathe Work | $ 2 340 000 | Number of parts used | $ 1.80 per part | Assembly
Words: 1235 - Pages: 5
To: Board of Director’s Audit Committee From: Director of Internal Audit RE: Audit of Generic Hospital Report Corporation Date: Feb 5th, 2014 I. Introduction: Many questions have arisen regarding the quality and efficiency of the in-house maintenance group. All four departments have consistently gone over their maintenance budget by an average of $200,000 per year, including a total of $250,000 spent on rework at extra cost. The aim of this audit is to identify any control weaknesses
Words: 4918 - Pages: 20
Target Profit And Break Even Analysis; Case 4-33; Managerial Accounting Case 4-33: Cost Structure; Target Profit and Break Even Analysis Question 1: Compute Pittman Company’s break-even point in sales dollars for next year assuming: a. The agents’ commission remains unchanged at 15% $12,000,000 in sales is needed to break even while employing an outside sales force with commissions of 15% of sales. b. The agents’ commission rate is increased to 20% $13,714,286 in sales is
Words: 343 - Pages: 2
CHAPTER 1 QUESTIONS 1. The function of cost accounting is to provide the cost accounting information that is the basis for planning and controlling current and future operations. It provides the cost figures and analyses that management needs in order to find the most efficient methods of operating, achieving control of costs, and determining selling prices. 2. Originally issued for companies marketing products in Europe, a set of international standards for quality management
Words: 5822 - Pages: 24
Production and Perfect Competition In the first calculation, the total fixed costs = $1,000,000 and the total variable costs equals to $4.4 million, with four million for wages and 50,000 workers multiplied by $80 per worker, plus $400,000 of other variable inputs. The average variable cost equals to $22 million, with total variable costs of $4.4 million divided by 200,000 units. Worker productivity equals to 4, with 200,000 units of output divided by 50,000 workers. The loss is $400
Words: 598 - Pages: 3
