Managerial Accounting Case ‘Waltham Motors Division’ Answer 1: Breakeven point If Waltham Motors Division sells 13‚326 units‚ it will breakeven. But why Waltham incurred net losses when it sold more than 13‚326 units in May? The unfavorable cost variances (see answer 2 and 3) and Waltham’s high operating leverage were major reasons for its financial problems. Waltham’s operating leverage is 3.85 times‚ which indicates that the operating income is very sensitive to changes in sales. Answer
Premium Variable cost Costs Direct material price variance
IDENTIFY WHAT YOU BELIEVE TO BE THE PAST DEFININF ELEMENTS OF THE GM CULTURE. One former GM employee said the company’s management’ CULTURE needs an almost immediate overhaul if GM is to start producing the vehicles it needs to revive sales and return to profitability. This statement indicates there are some things that are fundamentally wrong with GM. To start with‚ GM faced the consequences for what GOP warned every one about for the last 2 years in 2009 that how our auto industry consumes more
Premium General Motors Automotive industry
Waltham Motors case 1. Using budget data‚ how many motors would have to be sold for Waltham Motors Division to break even? Solution: Given data‚ as per exhibit1for budget‚ is as under. Total sales (TS) =$864‚000 Total Units (TU) = 18‚000 Total variable costs (TVC) = $512‚800 Total Fixed costs (TFC) = $260‚000 Let the number of motors required to be sold to breakeven = Q Then Q = Total Fixed Costs (TFC) / Contribution Margin per unit (CMU) (Equation 1)
Premium Variable cost Costs Fixed cost
format for improved measurement of cost and service. B – The basic unit of supply chain design and operational control** C – Is an important form of transportation measurement D – Is typically echeloned 2-4 The term “Mother Facility” is often used to describe: A – The oldest or original facility in a network B – A facility that is dedicated to servicing a manufacturing facility C – The source of money for college students D – An inventory replenishment source for smaller facilities**
Premium Logistics Supply chain management
Fine motor Fine motor Skills are very little but develop gradually as the baby grows ‚ . When a baby is born they have a grasp reflex which disappears after a few weeks this set of reflexes the grasp reflex where you put your fingers against the baby’s palms and the baby grasps them tightly ‚ Reflexes help babies to survive until they gain control of their body and can make movements for themselves the baby’s hands are usually curled for at least three weeks and at this stage the baby’s hands begin
Premium Finger Hand Eye
Nissan Motor Company – Target Costing System – Extra Question 1 – What is the purpose of Nissan’s target costing system? Nissan deployed target costing system to achieve following benefits Systematic approach: The purpose of the target costing system is to have a systematic procedure to manage costs for new product introductions in order to allow them to earn the necessary profit margin to meet corporate profitability objectives. Customer Orientation: Target costing promotes customer focused
Premium Price Costs Cost
General Motors Corporation S B Davenport University I often wonder if in 1982 when R.E olds first converted his father’s naval and industrial engine factory into the Olds Motor Vehicle Company to build horseless carriages‚ did he know he was making way to for the largest full-line vehicle manufacturer and marketer (General Motors Corporation. 2011). The beginning of General Motors (GM) Corporation all begin from the minds of just a four innovative engineers and good businessman. When R.E.
Premium General Motors
Toyota Motor Manufacturing‚ USA‚ Inc Case Analysis * Main and sub ideas of the case. The main topic of the case was the problems caused by defective or damaged seats. TMM USA’s seat problem was threefold. The first was the actual defects with the hooks and the damaged caused by cross threading by employees when installing the seats. This problem led to the second problem‚ which was the departure from the Toyota Production System (TPS) when dealing with the seat problem. Rather than fix the problem
Premium Toyota Production System Lean manufacturing
Toyota Motor Corporation Company Overview Toyota Motor Corporation is a leading auto manufacturer in the world. Toyota sells its vehicles in more than 170 countries and regions worldwide. Toyota’s primary markets for its automobiles are Japan‚ North America‚ Europe and Asia. It is headquartered in Toyota City‚ Japan and employs about 299‚394 people. Revenues The company recorded revenues of JPY23‚948.1 billion (approximately $203.1 billion) during the fiscal year ended March 2007‚ an increase
Premium Toyota Truck Daihatsu
Professor Stringer 12-11-2014 The change of technology on society Technology has become a major force of the society‚ economy‚ health field‚ and political world today. As a platform for change‚ this major component of life has proven to assist us in a variety of ways. The question remains whether or not technology is helping us‚ or hurting us in the long run? Looking at health‚ transportation‚ security‚ and other regions of everyday life‚ we can decipher if technology is a means for development or a way
Premium Technology