Reply with at least 250 words reference and citation
A.
Only one comprehensive report is prepared for the month showing performance of all the divisions, this is wrong when division wise performance must be discussed upon, division wise performance report shall be prepared. All the data that is being presented is in financial numbers, no quantative data has been provided in the report viz., qty of raw material used, units produced, units on hand, labor hours taken, rate offered to labors. Production report has failed to calculate variances in each area separately how material cost was unfavorable was there usage inefficiency or was rate of purchases exceeded the budgeted rate.
B.Although Sara made an adverse remark about Ken’s division performance, she failed to tell how the performance was not up to the mark. She directly pointed out than Ken’s division is underperforming, without explaining how the underperformance was calculated. To Ken’s knowledge his division had performed well. Hence, this has brought down the moral of Ken and might leave a feeling that even though performing up to the mark using true potential, his performance was not apprehended but it was undermined.
C.
To prepare more informative production report other details will be required viz, quantity of material bought, rate of material bought, budgeted rate, budgeted hours of labor.If all these details are available, more informative report can be prepared.That report will include budgeted qty of production versus actual production quantity, budgeted purchase price versus actual purchase price, budgeted total quantity versus actual quantity and, budgeted labor hours versus. actual labor hours.
D.
When my recommended changes in reporting are implemented, Ken’s behavior will change by giving him some sort of credit for his achievements. Because my recommended changes will give him chance to explain where he has been efficient in working and wherever he has been inefficient he will get a chance to explain the factors which were not in his control and so he could not control the adverse ratios.
Reference:
Davis C. E., & Davis E. (2020). Managerial Accounting, Enhanced eText (4th ed.). John Wiley & Sons. ISBN-13: 9781119577669
GET SOLUTION FOR THIS ASSIGNMENT, Get Impressive Scores in Your Class
TO BE RE-WRITTEN FROM THE SCRATCH
GET SOLUTION FOR THIS ASSIGNMENT
TO BE RE-WRITTEN FROM THE SCRATCH
- Original and non-plagiarized custom papers- Our writers develop their writing from scratch unless you request them to rewrite, edit or proofread your paper.
- Timely Delivery– primewritersbay.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
- Customer satisfaction- Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
- Confidential- It’s secure to place an order at primewritersbay.com We won’t reveal your private information to anyone else.
- Writing services provided by experts- Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service?
- Enjoy Please Note-You have come to the most reliable academic writing site that will sort all assignments that that you could be having. We write essays, research papers, term papers, research proposals. Only one comprehensive report is prepared for the month showing performance of all the divisions, this is wrong when division wise performance must be discussed upon, division wise performance report shall be prepared
Get Professionally Written Papers From The Writing Experts