Cost accounting data and principles, Cost Accounting

Assignment Help:

Questions

What are your recommendations to Ted Lapres? What aspects should he keep, what should he change, and in what sequence should he make the changes?
• Do you think the Daily P&L should be continued? Was it based on good cost accounting data and principles?
• What other measures would you recommend? Should Nypro replace the Daily P&L or should the other measures be additional?
• Do you see any opportunity to employ an ABC type cost system?
• Given the daily and monthly reports, was this enough control to manage this growth company? Did Nypro need more balance in its reporting system?
• Is the reporting and measurement system consistent with Nypro's organization and entrepreneurial culture?


Related Discussions:- Cost accounting data and principles

Closing stock, The value of un-sold stock. The stock is valued at cost or m...

The value of un-sold stock. The stock is valued at cost or market price either is lower. Usually, the closing stock is not specified in the trial balance but is specified in adjust

Fixed budgeting, Fixed Budgeting The master budget discussed before is...

Fixed Budgeting The master budget discussed before is a fixed budget. A fixed budget is defined via as: 1. Just one level of activity 2. Not adjusted to re

explain your calculation of relevant net cash flows, Polycorp Limited Stee...

Polycorp Limited Steel Division is considering a proposal to purchase a new machine to manufacture a new product for a potential three year contract.  The new machine will cost $1

Material, annual usage rs 160000@ 40 per unit, cost of placing and receivin...

annual usage rs 160000@ 40 per unit, cost of placing and receiving one order rs 200:annual carrying cost ; 25% of inventory value

allocate the support departments costs , Support Department Cost Allocatio...

Support Department Cost Allocations. Riverside Furniture Company manufactures unfinished furniture for sale to retailers. Riverside has two support departments, Maintenance and Hu

Manufacturing costs, manufacturing costs will not include a. indirect mater...

manufacturing costs will not include a. indirect material used b. sales salaries expense c. indirect labor costs d. depreciation of factory equipment

Prepare an income statement, Mrs. M. Botham is a sole trader, selling a var...

Mrs. M. Botham is a sole trader, selling a variety of fashionable clothing materials. Her business year end is 31 December 2011. You have been given the following trial balance

Marginal costing and break evan point analysis, what is marginal costing an...

what is marginal costing and explain concept of marginal costing

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd