Assignment 4-6 (1)

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St. John's University *

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2001

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Management

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Nov 24, 2024

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Assignment 4 What is a benefit of lean accounting compared to traditional product costing? This should be a 1-2 pages paper written in standard APA format. There must be a minimum of 2-3 references on your paper. Please do not use Wikipedia as one of your sources. Assignment 5 A.Managers determine the cause of flexible-budget variances when they subdivide the flexible- budget variance for direct-cost inputs into two or more detailed variances. Write about the two detailed variances of the flexible-budget variance for direct-cost inputs? This should be a 1-2 pages paper written in standard APA format. There must be a minimum of 2-3 references on your paper. Please do not use Wikipedia as one of your sources. B. Car Components Inc ('CCI') manufactures and sells brake and suspension components used in the car industry. Some components are sold through garages and motor factors to the public but the bulk are sold direct to car manufacturers. In particular, CCI has provided components for many years to Victor Motors, its largest client, who takes 40% of CCI's output. Pricing has always been based on full production cost plus25%. Intense competition within the car industry has seen CCI's marketshare decline and last year it only operated at 70% capacity. CCI's clients have not been immune to industry pressure either and recently Victor Motors was bought out by a multinational manufacturer. The new owners have decided that the component contract would now be put out to tender each year and have made it clear that price, while not the only consideration, would be a major factor in deciding on the preferred supplier. The management accountant of CCI has put together the following cost schedule for the CCI contract for the next year: Note 1: There is currently $500,000 of materials inventory.If not used on Victor Motor components this would be sold to a third party, but incur a net loss (after delivery charges are taken into account) of $100,000.

Note 2: Victor Motors components are highly specialised. If the contract was lost, then all of the current staff making Victor components would have to be made redundant. Redundancy costs re- estimated to be $500,000 now or $600,000 in one year's time. Note 3: Fixed overheads consist of unavoidable company-wide costs and depreciation. If the contract is lost then machinery would be sold for $600,000 now or $450,000 in one year. Required: (a) Calculate the incremental cost of completing the Victor Motors contract for one more year and suggest a minimum tender price. Assignment 6 A.What are the advantages of the net book value? B. Deto, a trader, purchased an item of plant for $1,000 on 1 August20X1 which he depreciates on the reducing balance at 20% pa. 1.What is the depreciation charge for each of the first five years if the accounting year end is 31 July? 2. Find the Net Book Value of the assets of the business. This should be a 1-2 pages paper written in standard APA format. There must be a minimum of 2-3 references on your paper. Please do not use Wikipedia as one of your sources.

Operation Management Assignment Assignment 4 Some people argue that organizations need to put in place mechanisms to prevent informal leaders from imposing their own agenda on others.Do you agree?Why or why not? This should be a 2-3 pages paper written in standard APA format. There must be a minimum of 3-5 references on your paper. Please do not use Wikipedia as one of your sources. Assignment 5 Based on your personal experiences, what do you think are the advantages of teams?Which situations in a business are most likely to be favorable for teams to perform effectively? This should be a 2-3 pages paper written in standard APA format. There must be a minimum of 3-5 references on your paper. Please do not use Wikipedia as one of your sources. Assignment 6 Why is the supplier relationship so important in operations management?What problems do you think might occur for the firm if it used too many suppliers?Too few?Do you think being an exclusive supplier for a firm is advantageous for the supplier? This should be a 2-3 pages paper written in standard APA format. There must be a minimum of 3-5 references on your paper. Please do not use Wikipedia as one of your sources.

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