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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?
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 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
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
annual usage rs 160000@ 40 per unit, cost of placing and receiving one order rs 200:annual carrying cost ; 25% of inventory value
Support Department Cost Allocations. Riverside Furniture Company manufactures unfinished furniture for sale to retailers. Riverside has two support departments, Maintenance and Hu
sir i
manufacturing costs will not include a. indirect material used b. sales salaries expense c. indirect labor costs d. depreciation of factory equipment
how to calculate variable cost
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
what is marginal costing and explain concept of marginal costing
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