How can D. Corporation go about designing a good performance report?
Q: what accounting method will be used to evaluate each of the responsibility centers?
A: Responsibility accounting: Responsibility accounting refers to the various tool used by managerial…
Q: a. the organizational effectiveness perspective. conectivo
A: An organizational perspective can be defined as the method used by the organizations to define the…
Q: Managers in which of the following responsibility centers are held responsible forprofits? (You may…
A: C. Profit centers is the answer
Q: What are the goals of a performance evaluation system?
A: Performance Evaluation System: Performance evaluation system is a system used to examine…
Q: What managerial decisions are influenced by differential analysis reports? How do these reports help…
A: Differential Analysis: A differential analysis is a tool to analyze the revenues and costs…
Q: What advice would you give Tyler Company for improving its performance measurement system?
A: Strategic Performance Measurement System: Strategic performance measurement system is an approach…
Q: Explain the role of benchmarking in evaluating managers.
A: Performance evaluation: Performance evaluation refers to the process of assessing how an…
Q: Explain whether the organization would produce the information when the expected costs is higher…
A:
Q: Recommend how projected financial statements and other measures of business performance could be…
A: A formal record for the financial activities and the position of an individual, business or other…
Q: Can you breifly explain the role of performance management techniques in improving organizational…
A: Progressively, associations are understanding that their administration frameworks should be past…
Q: what quantitative/qualitative factors would you use for performance management?
A: Note: Since you have posted multiple questions, we will solve the first question. Please submit a…
Q: Explain why it is important in performance evaluation to distinguish between investment centers and…
A: Return on investment (ROI): Return on investment evaluates how efficiently the assets are used in…
Q: Discuss how the behavior of division managers is likely to be affected by the use of: a. Return on…
A: Division managers provide leadership and assistance to their team members. It provide guidance and…
Q: Which of the following is not a goal of performance evaluation systems? a. Promoting goal congruence…
A: Answer:
Q: Describe the critical factor in evaluating whether a performanceobligation is satisfied.
A: Performance Obligation: Performance obligation means a promise to transfer goods or services.
Q: State the global performance measurements and operational performance measurements and briefly…
A: Global performance measurement: The net profit is measured in dollars. The return of investment is…
Q: Explain how the choice of the type of responsibility center (cost, revenue, profit, or investment)…
A:
Q: Indicate whether the items below are used as key performance indicators for the areas Acid test…
A: The four perspectives of Balanced Scorecards are Financial Customer Internal Process Learning and…
Q: The objective of Responsibility Accounting is to evaluate performance and provide a feedback so that…
A: Responsibility accounting falls within the realm of management accounting wherein the accounting…
Q: What is the relationship between contribution margin and responsibility margin? Explain how each of…
A: Contribution Margin: The contribution margin is the excess of selling price over the variable costs…
Q: “Companies should focus on financial measures of quality because these are the only measures of…
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Q: “When evaluating a company’s performance on the time dimension, managers should only consider…
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Q: Which of the following is not a goal of performance evaluation systems? Promoting goal congruence…
A: Answer:
Q: brenchmarking to improve an organizations performance
A: Benchmarking is the method of fixing standards for evaluating the performance of the business entity…
Q: Classify the performance measures below into the most likely balanced scorecard perspective towhich…
A: Balance Scorecard is used in strategic management to measure the performance by ascertaining…
Q: Can you tell us what accounting will be used to evaluate each of the responsibility centers?
A: There are three responsibility centres in accounting Revenue centre-The revenue centre have…
Q: Classify the performance measures below into the most likely balanced scorecard perspective towhich…
A:
Q: Classify the performance measures below into the most likely balanced scorecard perspective towhich…
A: Balance Scorecard is used in strategic management to measure the performance by ascertaining…
Q: Explaining why companies use performance evaluation systems Well-designed performance evaluation…
A: Performance Evaluation: Performance evaluation system in an organisation provides a guide to the…
Q: Looking from a managerial perspective, why would a firm use a balanced scorecard in evaluating…
A: A balanced scorecard (BSC) is a strategic management performance metric used to identify, control…
Q: Would you change a performance appraisal to reflect more positively on an individual whose…
A: Performance appraisal are one of the most important aspects of management, but they are also one of…
Q: What does it mean to use a performance report to evaluate the results achieved during a period?
A: Evaluation means making a judgement related to numbers and performance. It helps in providing…
Q: Classify the performance measures below into the most likely balanced scorecard perspective…
A:
Q: Using performance reports to evaluate cost, revenue, and profit centers Management by exception is a…
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Q: Classify the performance measures below into the most likely balanced scorecard perspective towhich…
A: Balanced scorecard: It is a tool to measure the performance that relates a company’s strategy to…
Q: Classify the performance measures below into the most likely balanced scorecard perspective towhich…
A: Definition: Balance Scorecard is used in strategic management to measure the performance by…
Q: What is a balanced scorecard and how do companies use it? How can it help MNCs specificall
A: The balanced scorecard assesses four major elements of a company: learning and growth, business…
Q: Which responsibility center's manager would be most concerned about the segment's return on…
A: the responsible center is the organizational unit that is being headed by the manager. generally, a…
Q: What are relevant revenues and cost delays? 2- How do managers use financial and nonfinancial…
A: Hello. Since your question has multiple parts, we will solve first question for you. If you want…
Q: What ratios would you compute to evaluate management performance?
A: There are many financial ratios used by businesses to analyze their performance in the current year.…
Q: Which of the following key decisions is a financial manager likely to make? A. Manage the promotion…
A: Financial managers are responsible for the financial health of an organization.
Q: good performance measurement system will align the goals of management with ________.
A: Performance measurement is used by the managers in order to make decisions that will be an advantage…
Q: Can you explain the comparables method?( Must include how it works , key factors ,how we determine…
A: Comparable Method or comparable company analysis (CCA) is referred to as the procedures for…
How can D. Corporation go about designing a good performance report?
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- D Corporation is one of the major producers of prefabricated houses in the home buildingindustry. The corporation consists of two divisions:1. Bell Division, which acquires the raw materials to manufacture the basic house components and assembles them into kits.2. Cornish Division, which takes the kits and constructs the homes for final home buyers.The corporation is decentralized and the management of each division is measured by its income and return on investment. Bell Division assembles seven separate house kits using raw materials purchased at theprevailing market prices. The seven kits are sold to Cornish for prices ranging from US$45,000 to US$98,000. The prices are set by the corporate management of D Corporation using prices paid by Cornish when it buys comparable units from outside sources. The smaller kits with the lower prices have become a larger portion of the units sold because the final house buyer is faced with prices that are increasing more rapidly than personal…Ludmilla Construction Company is composed of two divisions: (1) Home Construction and (2) Commercial Construction. The Home Construction Division is in the process of building 12 houses and the Commercial Construction Division is working on three projects.Required Identify each cost as being a direct or indirect cost, assuming the cost objects are the individual products (houses or projects). Identify each cost as being a direct or indirect cost, assuming the cost objects are the two divisions. Identify each cost as being a direct or indirect cost, assuming the cost object is Ludmilla Construction Company as a whole.Code Incorporated has three divisions (Entertainment, Plastics, and Video Card), each of which is considered an investment center for performance evaluation purposes. The Entertainment Division manufactures video arcade equipment using products produced by the other two divisions, as follows: 1. The Entertainment Division purchases plastic components from the Plastics Division that are considered unique (i.e., they are made exclusively for the Entertainment Division). In addition, the Plastics Division makes less-complex plastic components that it sells externally, to other producers. 2. The Entertainment Division purchases, for each unit it produces, a video card from Code's Video Card Division, which also sells this video card externally (to other producers). The per-unit manufacturing costs associated with each of the above two items, as incurred by the Plastic Components Division and the Video Card Division, respectively, are: Plastic Components Video Cards Direct…
- Sembotix Company has several divisions including a Semiconductor Division that sells semiconductors to both internal and external customers. The company’s X-ray Division uses semiconductors as a component in its final product and is evaluating whether to purchase them from the Semiconductor Division or from an external supplier. The market price for semiconductors is $100 per 100 semiconductors. Dave Bryant is the controller of the X-ray Division, and Howard Hillman is the controller of the Semiconductor Division. The following conversation took place between Dave and Howard: Dave: I hear you are having problems selling semiconductors out of your division. Maybe I can help. Howard: You’ve got that right. We’re producing and selling at about 90% of our capacity to outsiders. Last year, we were selling 100% of capacity. Would it be possible for your division to pick up some of our excess capacity? After all, we are part of the same company. Dave: What kind of price could you give…Sembotix Company has several divisions including a Semiconductor Division that sells semiconductors to both internal and external customers. The company's X-ray Division uses semiconductors as a component in its final product and is evaluating whether to purchase them from the Semiconductor Division or from an external supplier. The market price for semiconductors is $100 per 100 semiconductors. Dave Bryant is the controller of the X-ray Division, and Howard Hillman is the controller of the Semiconductor Division. The following conversation took place between Dave and Howard: Dave: I hear you are having problems selling semiconductors out of your division. Maybe I can help. Howard: You've got that right. We're producing and selling at about 90% of our capacity to outsiders. Last year we were selling 100% of capacity. Would it be possible for your division to pick up some of the excess capacity? After all, we are part of the same company. Dave: What kind of price can you give me?…The Harris Company is decentralized, and divisions are considered investment centers. Harris has one division that manufactures oak dining room chairs with upholstered seat cushions. The Chair Division cuts, assembles, and finishes the oak chairs and then purchases and attaches the seat cushions. requirements 2. Assume the Chair Division purchases the 800 cushions needed from the Cushion Division at its current sales price. What is the total contribution margin for each division and the company? 3. Assume the Chair Division purchases the 800 cushions needed from the Cushion Division at its current variable cost. What is the total contribution margin for each division and the company? 5. Assume the Cushion Division has capacity of 1,600 cushions per quarter and can continue to supply its outside customers with 800 cushions per quarter and also supply the Chair Division with 800 cushions per quarter. What transfer price should Harris Company set? Explain your reasoning. Using the…
- Speed Racer in Victoria makes bicycles for people of all ages. The frames division makes and paints the frames and supplies them to the assembly division where the bicycles are assembled. Speed Racer is a successful and profitable corporation that attributes much of its success to its decentralized operating style. Each division manager is compensated on the basis of division operating income. The assembly division currently acquires all its frames from the frames division. The assembly division manager could purchase similar frames in the market for $480. The frames division is currently operating at 80% of its capacity of 4,000 frames (units) and has the following details: Voltage Regulator Direct materials ($150 per unit x 320 units) $480,000 Direct manufacturing labour ($60 per unit x 3,200 units) 192,000 Variable manufacturing overhead costs ($30 per unit × 3,200 units) 96,000 Fixed manufacturing overhead costs $624,000 All the frames…Speed Racer in Victoria makes bicycles for people of all ages. The frames division makes and paints the frames and supplies them to the assembly division where the bicycles are assembled. Speed Racer is a successful and profitable corporation that attributes much of its success to its decentralized operating style. Each division manager is compensated on the basis of division operating income. The assembly division currently acquires all its frames from the frames division. The assembly division manager could purchase similar frames in the market for $480. The frames division is currently operating at 80% of its capacity of 4,000 frames (units) and has the following details: Voltage Regulator Direct materials ($150 per unit x 320 units) $480,000 Direct manufacturing labour ($60 per unit x 3,200 units) 192,000 Variable manufacturing overhead costs ($30 per unit × 3,200 units) 96,000 Fixed manufacturing overhead costs $624,000 All the frames division’s…Speed Racer in Victoria makes bicycles for people of all ages. The frames division makes and paints the frames and supplies them to the assembly division where the bicycles are assembled. Speed Racer is a successful and profitable corporation that attributes much of its success to its decentralized operating style. Each division manager is compensated on the basis of division operating income. The assembly division currently acquires all its frames from the frames division. The assembly division manager could purchase similar frames in the market for $480. The frames division is currently operating at 80% of its capacity of 4,000 frames (units) and has the following details: Voltage Regulator Direct materials ($150 per unit x 320 units) $480,000 Direct manufacturing labour ($60 per unit x 3,200 units) 192,000 Variable manufacturing overhead costs ($30 per unit × 3,200 units) 96,000 Fixed manufacturing overhead costs $624,000 All the frames division’s…
- Speed Racer in Victoria makes bicycles for people of all ages. The frames division makes and paints the frames and supplies them to the assembly division where the bicycles are assembled. Speed Racer is a successful and profitable corporation that attributes much of its success to its decentralized operating style. Each division manager is compensated on the basis of division operating income. The assembly division currently acquires all its frames from the frames division. The assembly division manager could purchase similar frames in the market for $480. The frames division is currently operating at 80% of its capacity of 4,000 frames (units) and has the following details: Voltage Regulator Direct materials ($150 per unit x 320 units) $480,000 Direct manufacturing labour ($60 per unit x 3,200 units) 192,000 Variable manufacturing overhead costs ($30 per unit × 3,200 units) 96,000 Fixed manufacturing overhead costs $624,000 All the frames division’s…Speed Racer in Victoria makes bicycles for people of all ages. The frames division makes and paints the frames and supplies them to the assembly division where the bicycles are assembled. Speed Racer is a successful and profitable corporation that attributes much of its success to its decentralized operating style. Each division manager is compensated on the basis of division operating income. The assembly division currently acquires all its frames from the frames division. The assembly division manager could purchase similar frames in the market for $480. The frames division is currently operating at 80% of its capacity of 4,000 frames (units) and has the following details: Voltage Regulator Direct materials ($150 per unit x 320 units) $480,000 Direct manufacturing labour ($60 per unit x 3,200 units) 192,000 Variable manufacturing overhead costs ($30 per unit × 3,200 units) 96,000 Fixed manufacturing overhead costs $624,000 All the frames…The Josh - Lester Corporation, manufacturer of tractors and other heavy farm equipment, is organized along decentralized product lines, with each manufacturing division operating as a separate profit center. Each division manager has been delegated full authority on all decisions involving the sale of that division's output both to outsiders and to other divisions of Josh - Lester. i(Click the icon to view the information on the divisions.) Begin by calculating the contribution margin from selling units to other customers. Then calculate the net benefit (cost) to the company as a whole. (Enter a net cost using parentheses or a minus sign.) Less: The company already completed an analysis to determine if it was in its best interest to have division C purchase 1,300 units from an external supplier for $125 per unit, assuming that there are no alternative uses for internal facilities of division A. (Click the icon to view the results of the analysis.) Now, assume that division A can sell…