accounting 460
1.The act of simple measuring and reporting information on certain processes: diverts the employee’s attention to other activities that are not being measured.
2.Management accountants are most likely to feel outside pressure to influence the numbers: products costing
3.A chain of cause and effect relationships that appropriately link the four balance scored perspective is: skilled production workers help to produce process quality that results in customer loyalty that helps to increase return on investment
4.If process perspective measure from the balance scorecard was shorter cycle times, then a driver from the learning and growth perspective would most likely to be: achieve just in time supplier capability.
5.The purpose of the balanced scored is best described as helping an organization: translate an organization’s mission, vision, and strategy into a set of performance measures that help to implement the strategy.
6.Cause and effect linkage: technology availability-design and develop new product-grow revenues-market share
7.for external reporting, GAAP require that costs be classified as either variable or fix cost. F
8.sale: 100,000,variable cost: 70,000, fix cost: 50,000,will reach its break-even point if sales are increase by 20,000. F 50,000/0.3=166,666 for breakeven
9.in multiple product situations when the sales mix shifts toward the product with the lowest contribution margin per unit, the break-even quality wills decrease. F should increase
10.contribution margin=sale-variable cost, contribution ratio=CM/sale, break even (unit)=(FC+ target profit)/CM,
Break even (dollar)=(FC+ target profit)/CM ratio.
After profit=(1-tax rate)*before (target profit)
11.What sales in dollars to obtain targeted profit before tax =20%off sale?
Fix cost+20%x=0.4XCM ratio
12.after taxed equal to 6%of sale: a) 0.06X=(1-0.4)*before;0. 1X=before 2) FC+0.1x=0.4X(CM ratio)
13.fix cost: 100,000
Per unit
X
Y R
10
15
VC
2.5
5
1) Sale mix 2x and1Y,
2.Management accountants are most likely to feel outside pressure to influence the numbers: products costing
3.A chain of cause and effect relationships that appropriately link the four balance scored perspective is: skilled production workers help to produce process quality that results in customer loyalty that helps to increase return on investment
4.If process perspective measure from the balance scorecard was shorter cycle times, then a driver from the learning and growth perspective would most likely to be: achieve just in time supplier capability.
5.The purpose of the balanced scored is best described as helping an organization: translate an organization’s mission, vision, and strategy into a set of performance measures that help to implement the strategy.
6.Cause and effect linkage: technology availability-design and develop new product-grow revenues-market share
7.for external reporting, GAAP require that costs be classified as either variable or fix cost. F
8.sale: 100,000,variable cost: 70,000, fix cost: 50,000,will reach its break-even point if sales are increase by 20,000. F 50,000/0.3=166,666 for breakeven
9.in multiple product situations when the sales mix shifts toward the product with the lowest contribution margin per unit, the break-even quality wills decrease. F should increase
10.contribution margin=sale-variable cost, contribution ratio=CM/sale, break even (unit)=(FC+ target profit)/CM,
Break even (dollar)=(FC+ target profit)/CM ratio.
After profit=(1-tax rate)*before (target profit)
11.What sales in dollars to obtain targeted profit before tax =20%off sale?
Fix cost+20%x=0.4XCM ratio
12.after taxed equal to 6%of sale: a) 0.06X=(1-0.4)*before;0. 1X=before 2) FC+0.1x=0.4X(CM ratio)
13.fix cost: 100,000
Per unit
X
Y R
10
15
VC
2.5
5
1) Sale mix 2x and1Y,