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What is the arithmetic mean of the series of costs? What is the geometric mean of the series of costs?
Compare the results with Problem 2 and discuss the differences in the formulas, dimensions, and costs.
A manufacturing company is considering purchasing a 10 HP electric motor which it estimates will run an average of 6 hours per day for 250 days per year
Explain the meaning of each of the under-noted measures which may be used for divisional performance measurement and investment decision-making.
Explain and discuss the arguments for divisionalised structures in large firms.
Establishing a system of divisional performance measurement in a hospital
Discussion relating to resolving the conflict between decision-making and performance evaluation models
Conflict between NPV and performance measurement. Linamix is the chemicals division of a large industrial corporation.
Discussion of various divisional performance measures. You are the highly trusted chief accountant of Ragwort Ltd, a manufacturer of sports equipment
Develop tabulations for each division, and for the company as a whole, that indicate the anticipated effect of IPD selling the motor unit at each of the prices
Managers of FirstRate Company are engaged in the annual process of setting standard manufacturing costs for the company's coming fiscal year.
Discuss the ethical implications of P plc's policy of imposing transfer prices on its over-seas divisions in order to maximise post-tax profits.
Comparison of divisional and group profits using different transfer prices B Limited, producing a range of minerals
Resolving a transfer price convict. Alton division (A) and Birmingham division (B) are two manufacturing divisions of Conglom plc.
Prepare profit and loss accounts for Calton Ltd for the period showing the profit earned both before and after the implementation of the additional quality
Preparation of functional budgets. Wilmslow Ltd makes two products, the Alpha and the Beta
Calculate the amount of direct material purchases in each of the months of June, July and August.
Preparation of cash budgets. The management of Beck plc have been informed that the union representing the direct production workers
As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves.
Calculate the amounts within the material price variance, the material usage variance and the labour rate variance which arise from producing
Prepare a standard costing profit statement, and a profit statement based on actual for the month of May.
Calculate the following: the actual production/sales volume; the actual number of hours worked;
Describe the main behavioural and control consequences which may arise if such centres are introduced;
Calculate the overheads absorbed in the period and the extent of the under/over absorption in each of the two production departments.
Explain the uses for activity-based cost information in service industries. Many large service organisations were at one time state-owned