Modules 201R 20 CengageNOWv2 Ontine teachi X Assignment/takeAssignmentMain. .do?invoker-&takeAssignmen ontocatorsnprogress-falce to Vaused eBook Galeulator Getting Standards and Assigning Responsibility Cabanarama inc. designs and manufactures easy to set-up beach c abanas that families can set un for picniding, protection from the sun, and so on. the cabanas come in a kit that includes canvas, lacing, and aluminum support poles, Calanarama has expanded mpidly from a 2- person operationn to one involving over a hundred employees. Cabanarama's founder and owner, rank Love, undorstands that a more formal approach to standard setting and control is needed to ensure that the consistent quality for which the company is known continues. Frank and Annette Wilson, his finandial vice president, divide ed the company into departments and designated each department as a cost center. Sales, Quality Control, and Design report directly to Frank, Produr ction, shiopino, Finance, and Accountino report to Annette. In the production department, one of the supervisors was assigned the materials purchasing function. The job incloded purchasino all raw materials, overseeing inventory handling (receiving, storage, etc.), and tracking materials purchases and use Frank felt that control would be better achieved if there were a way for his employees to continue to perform in such a way that quality was maintained nma institute a standard costing system Variances for matorials and labor could then and cost reduction was achieved. Annette suggested that Cabanara be calculated and reported directly to her, and she could alert trank to o any problems or opportunities for imorovement. Required: 1. a. CONCEPTUAL CONNECTION When Annette designs the standa veler the standards for each cost component? a. The managers of accounting, production and purchasina. b. The top management of the company. C. The managers of accounting and human resources. d. The managers of accounting and outside consultants. Nest 10154 PM 4/3/2020 ins prt sc delete 8. lock home pause M. 1 shift
Modules 201R 20 CengageNOWv2 Ontine teachi X Assignment/takeAssignmentMain. .do?invoker-&takeAssignmen ontocatorsnprogress-falce to Vaused eBook Galeulator Getting Standards and Assigning Responsibility Cabanarama inc. designs and manufactures easy to set-up beach c abanas that families can set un for picniding, protection from the sun, and so on. the cabanas come in a kit that includes canvas, lacing, and aluminum support poles, Calanarama has expanded mpidly from a 2- person operationn to one involving over a hundred employees. Cabanarama's founder and owner, rank Love, undorstands that a more formal approach to standard setting and control is needed to ensure that the consistent quality for which the company is known continues. Frank and Annette Wilson, his finandial vice president, divide ed the company into departments and designated each department as a cost center. Sales, Quality Control, and Design report directly to Frank, Produr ction, shiopino, Finance, and Accountino report to Annette. In the production department, one of the supervisors was assigned the materials purchasing function. The job incloded purchasino all raw materials, overseeing inventory handling (receiving, storage, etc.), and tracking materials purchases and use Frank felt that control would be better achieved if there were a way for his employees to continue to perform in such a way that quality was maintained nma institute a standard costing system Variances for matorials and labor could then and cost reduction was achieved. Annette suggested that Cabanara be calculated and reported directly to her, and she could alert trank to o any problems or opportunities for imorovement. Required: 1. a. CONCEPTUAL CONNECTION When Annette designs the standa veler the standards for each cost component? a. The managers of accounting, production and purchasina. b. The top management of the company. C. The managers of accounting and human resources. d. The managers of accounting and outside consultants. Nest 10154 PM 4/3/2020 ins prt sc delete 8. lock home pause M. 1 shift
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Modules 201R 20
CengageNOWv2 Ontine teachi X
Assignment/takeAssignmentMain.
.do?invoker-&takeAssignmen
ontocatorsnprogress-falce
to
Vaused
eBook
Galeulator
Getting Standards and Assigning Responsibility
Cabanarama inc. designs and manufactures easy to set-up beach c
abanas that families can set un for picniding, protection from the sun, and so on.
the cabanas come in a kit that includes canvas, lacing, and aluminum support poles, Calanarama has expanded mpidly from a 2- person operationn to
one involving over a hundred employees. Cabanarama's founder and owner, rank Love, undorstands that a more formal approach to standard setting
and control is needed to ensure that the consistent quality for which the company is known continues.
Frank and Annette Wilson, his finandial vice president, divide
ed the company into departments and designated each department as a cost center. Sales,
Quality Control, and Design report directly to Frank, Produr
ction, shiopino, Finance, and Accountino report to Annette. In the production department, one
of the supervisors was assigned the materials purchasing function. The job incloded purchasino all raw materials, overseeing inventory handling
(receiving, storage, etc.), and tracking materials purchases and use
Frank felt that control would be better achieved if there were a way for his employees to continue to perform in such a way that quality
was maintained
nma institute a standard costing system Variances for matorials and labor could then
and cost reduction was achieved. Annette suggested that Cabanara
be calculated and reported directly to her, and she could alert trank to
o any problems or opportunities for imorovement.
Required:
1. a. CONCEPTUAL CONNECTION When Annette designs the standa
veler
the standards
for each cost component?
a. The managers of accounting, production and purchasina.
b. The top management of the company.
C. The managers of accounting and human resources.
d. The managers of accounting and outside consultants.
Nest
10154 PM
4/3/2020
ins
prt sc
delete
8.
lock
home
pause
M.
1 shift
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