Managerial Accounting WRITTEN ANALYSIS OF THE CASE BETA COMPANY SYNOPSIS Beta Company produces two Product A and B and standard costs of each product were predetermined by management. During November actual production for Product A was 4‚200 units while Product B was 3‚600 units. For material X‚ 39‚000 pounds were purchased at $14.40 and for material Y‚ 11‚000 pounds were purchased at $9.70. Variance analysis for actual cost versus standard cost should be prepared for the said month
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Maynard Company | | | Balance Sheet | | | As of June 1 and June 30‚ 20xx | | | | | | | | | | | ASSETS | 1-Jun | 30-Jun | | movements | Current assets | | | | | | Cash | | | 34‚983.00 | 66‚660.00 | | 31‚677.00 | Accounts receivable | | 21‚798.00 | 26‚505.00 | | 4‚707.00 | Notes receivable | | 11‚700.00 | 0.00 | | (11‚700.00) | Prepaid insurance | | 3‚150.00 | 2‚826.00 | | (324.00) | Supplies | | | 5‚559.00 | 6‚630.00 | | 1‚071.00 |
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Introduction Timothy Matisse the owner of Matisse Company has to decide whatever to accept Mr. DeBeer’s offer about become an exclusive distributor of residential windows and accessories in his area. Matisse Company has been a lumber distributor since 1985‚ in the last few years‚ a number of Timothy’s lumberyard customers have gone out of business-and others have lost sales. Six month ago‚ things even got worse‚ more and more customers seem to be willing to buy from the lowest-cost source. Evaluate
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Norris Company is running a nationwide commercial business. It operated three printing plants. Chet Craig is the manager of central plant. There are many problems in the central plant‚ such as Chet could not complete his job on time; supervisors are unable to solve the daily production problems on their own; and organization structure is poor. They really need to know are what reason makes that problems happened‚ what have to change‚ and how to deal with it. There are three main problems in the
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working as Team. Having this MINDSET is key to our success. Our History Luck is only a small part of National Book Store’s success. Through the hard work and powerful leadership of Socorro Cancio-Ramos and the late Jose Ramos with their family‚ the company has evolved from its humble beginnings into the biggest and strongest bookstore chain in the Philippines. 1930’s -1940’s: HUMBLE BEGINNINGS The first National Book Store started as a stall shop in Escolta before the Japanese occupation selling
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Dell days of inventory is 7.11 in 2000 and 5.73 in 2001. These incredible numbers allows it to pass on component price declines faster than anyone else in the industry. Lean inventories help Dell benefit from falling component prices faster than companies with significant inventory levels. Because it keeps only about 6 days of inventories‚ days account receivable are over 30 days‚ and push payable out 60 days‚ Dell’s model will generate a lot of cash. For this point‚ Gateway is the only player that
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statement Nestle maintain clear cut policies on where decisions will be made and what roles corporate and host country managers will pay. II. Statement of the objectives A major responsibility of Nestlé’s corporate management is to give the company strategic direction. To do this‚ it decides in which geographic areas and to which products it plans to allocate efforts. III. Areas of consideration Internal environment Strength • Strong Brand Name and Local Brand Names Owned
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the information provided in Appendix 1 for this account payable case of US$1 million to a US company. Which of the possible hedging methods presented in the case should OSG use if they expect the dollar to depreciate versus the yen during the next three months? Use the information provided in Exhibit 10. 3. Suppose that OSG undertakes the same mandatory hedging policy as S. Corporation‚ the American company whose minimum forward-cover schedule is shown in Exhibit 9. Apply this schedule to the US$1
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Employee Responsibilities Courtesy We are all striving to provide quality service. Keep in mind that our guests are paying for a service/vacation. Treat them and your coworkers as you would like to be treated. Confidentiality Employees are aware of confidential information such as payroll‚ gross income‚ mailing lists‚ etc. Make it a policy to consider any information confidential that is not published in our literature or on our website. Star River Resort’s mailing list is a valuable asset
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What could Whitney do to enhance the value of training? My recommendation for Whitney and Company is to incorporate the following changes to their current training program to ensure that they are meeting the needs of the trainees and also meeting the company’s overall objectives in an efficient and cost effective manner. • Testing during the initial hiring phase • On-the-spot Assessments • Blended Training Approach • Tailoring training content be to be more specific and opportunity for hands-on
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