This website uses cookies to ensure you have the best experience. Learn more

Designing A Balanced Scorecard For A Pharmaceutical Company Chadwick

973 words - 4 pages

PROBLEM 12-47

Requirement: Two new systems are being considered at Building Services Co:
* Responsibility – accounting system
* Participatory budgeting system

For each of these systems:
1. Identify at least two behavioural advantages that could arise.
Responsibility-accounting system | Participatory budgeting system |
Managers will try to come up with the best way to improve the performance of their assigned department as it will reflect their leadership skills. | Employees will feel belonged to the organization as they are also given the right to participate in the planning process. |
Transferring the responsibilities to lower level managers will enhance the ...view middle of the document...

* The systems will increase the reliability and accuracy of the information as employees who provide them is the people who directly deal with the activities conducted in the organization.

PROBLEM 12-52
1. Prepare a segmented income statement for Pacific Rim Industries based on the company’s geographical areas. The statement should show the operating income for each segment.

PACIFIC RIM INDUSTRIES |
Segmented Income Statement by Geographical Areas |
For Fiscal year Ended April 30, 20x0 |
| | | | | | | |
| Sales / product lines | % unit sales | % unit sales | % unit sales | UNITED STATES | CANADA | ASIA |
Sales in Units (units) | | | | | | | |
Furniture | 160,000 | 0.4 | 0.1 | 0.5 | 64,000 | 16,000 | 80,000 |
Sports | 180,000 | 0.4 | 0.4 | 0.2 | 72,000 | 72,000 | 36,000 |
Appliances | 160,000 | 0.2 | 0.2 | 0.6 | 32,000 | 32,000 | 96,000 |
| | | | | 168,000 | 120,000 | 212,000 |
| | | | | | | |
Sales | | | | | $ | $ | $ |
Furniture | | | | | 512,000.00 | 128,000.00 | 640,000.00 |
Sports | | | | | 1,440,000.00 | 1,440,000.00 | 720,000.00 |
Appliances | | | | | 480,000.00 | 480,000.00 | 1,440,000.00 |
| | | | | 2,432,000.00 | 2,048,000.00 | 2,800,000.00 |
Less : Variable Manufacturing Cost | | | | | | | |
Furniture | | | | | 256,000.00 | 64,000.00 | 320,000.00 |
Sports | | | | | 684,000.00 | 684,000.00 | 342,000.00 |
Appliances | | | | | 264,000.00 | 264,000.00 | 792,000.00 |
| | | | | 1,204,000.00 | 1,012,000.00 | 1,454,000.00 |
| | | | | | | |
Less : Variable Manufacturing Cost | | | | | | | |
Furniture | | | | | 128,000.00 | 32,000.00 | 160,000.00 |
Sports | | | | | 180,000.00 | 180,000.00 | 90,000.00 |
Appliances | | | | | 72,000.00 | 72,000.00 | 216,000.00 |
| | | | | 380,000.00 | 284,000.00 | 466,000.00 |
| | | | | |   |   |
Contribution Margin | | | | | 848,000 | 752,000 | 880,000 |
| | | | | | | |
Less : Fixed Manufacturing Overhead | | | | | | | |
Furniture | 100,000 | | | | 40,000 | 10,000 | 50,000 |
Sports | 225,000 | | | | 90,000 | 90,000 | 45,000 |
Appliances | ...

Other Essays Like Designing a Balanced Scorecard for a Pharmaceutical Company Chadwick

Characteristics of a Functionally Balanced Occlusion in Prosthodontic Rehabilitation

1197 words - 5 pages in centric relation is a phenomenon in which the “mandible is able to move anteriorly for a short distance in the same horizontal and sagittal plane while maintaining tooth contact.”6 In addition to the relationship between the maxilla and mandible, there are several occlusal schemes which are commonly seen, these include bilateral balanced, group function, and canine protected occlusion. These are the three different movements of the

Distinction Between a Public Company and a Private Company

625 words - 3 pages Articles of Association , whereas there is no restriction on the transferability of the shares of a Public company 5 .Issue of Prospectus : A Private Company is prohibited from inviting the public for subscription of its shares, i.e. a Private Company cannot issue Prospectus, whereas a Public Company is free to invite public for subscription i.e., a Public Company can issue a Prospectus. 6. Number of Directors : A Private Company may have 2

Financial Analysis Of A Company

4209 words - 17 pages prolonging the lawsuits would create uncertainty and speculation amongst the company's shareholders.S.C.I. Take-over AttemptOn September 17, 1996 Service Corporation International (S.C.I.), the largest Funeral Service Company in the world, placed a $ 2.5. billion take-over bid for Loewen Group Inc. The bid's share value is equivalent to US $ 43 each. Houston based S.C.I.'s bid was considered to be fair by many analysts like Todd Richter of Dean Witter

The Culture of a Company

484 words - 2 pages people to what your want them to while maintaining enthusiasm. In some situation this is done more efficiently than in others. Take for instance a company that is run like a dictatorship, and orders are given from the top and little to no input is given by lower level. This situation can be demeaning to the lower level employee and in turn they are less likely to go above and beyond the call of duty. Manipulating this organizational culture a

Indian River Citrus Company (a)

1684 words - 7 pages Brief Introduction Indian River Citrus Company is a leading producer of fresh, frozen, and made-from-concentrate citrus drinks. Currently, the company has three projects which are introduction of a new product known as lite orange juice; two mutually exclusive projects, Project S and Project L; and a fleet of delivery trucks with an engineering life of three years. All projects have its advantages and drawbacks. Hence, capital budgeting for

Financial Analysis of a Company

1947 words - 8 pages financial strengths. Cash provided by operations was £178,000 in fiscal 2010. Operating Cash Flow Ratio of 1.75 confirms that company well covers its current liabilities by the cash flow generated from a company's operations. Cash used for financing activities reflects the net debt repayments. Through these excellent results we assure strong margin of safety to our creditors, pay our debts, fund ongoing operations as well as strengthen our working

Letter to a banana company

423 words - 2 pages Dear banana company,I am writing this letter on behalf of what I have learned about the production of bananas. Many things are overlooked that you should take notice to, including the working conditions and the environment. For example, many use synthetic fertilizers to keep their crops healthy, to maintain high production levels, and to ensure that the bananas appeal to their customers. Many banana plantations also use a large amount of

Response To John Thackera's, “Introduction, ” In The Bubble: Designing In A Complex World

758 words - 4 pages In his introduction to the book “In the Bubble” John Thackera tackles the ethical role of technology within our society and challenges our attitude towards our perception of technology and it’s role in a rapidly changing world. Based on his perception of the current situation, he sets forth a manifesto for change that would re-humanise the structure of technology through design. Although he writes with the best of his intentions and we

International Operation of a Multinational Company (Banglalink)

3515 words - 15 pages . 5. At that time cell phone used to be considered as a luxurious product. Banglalink had to change the whole concept. Industry analysis Telecom industry in Bangladesh is boosting up. Many foreign investors are now interested to do business in telecom sector in Bangladesh which reveals that Bangladesh has become a significant hub for telecoms.Banglalink is the second largest wireless telecom operator in Bangladesh. The company is the fully

Land Rover: a Socially Responsible Company

1284 words - 6 pages areas” Land Rover has committed itself to turning around their public image. While the sustainable marketing campaign and current company focus is impressive, it is simply not enough for this auto maker to be considered a green. Compared to the Chevrolet Tahoe which averages 15mpg city or 20mpg hwy, the Range Rover averages 12mpg city or 18mpg hwy and does not have a hybrid option (US DOE, 2011). None of the Land Rover lineup is available in a

Regression Analysis of a Listed Company

3209 words - 13 pages . Moreover, it assumes that the growth rate for earnings is the same as the dividend growth and only dividends determine the value of the company. However, with reference to Mondi plc dividend per share paid it was realized that dividend was not growing at a constant rate and the growth of dividend was also greater than the cost of capital. Moreover, there are other factors like; customer retention, loyalties which are believed to have influence on the

Related Papers

Putting It All Together A Look At Pfizer Pharmaceutical Company

5415 words - 22 pages Elwood Leftridge Professor Joanne Land Kazlauskas GPS-4278W 05-01-2013 Putting It All Together a Look at Pfizer Pharmaceutical Company Pfizer Pharmaceutical Company is not only the world’s largest research pharmaceutical company in the world, but also the leader of technological advances. This organization has been in operation for over 160 successful years, and has over 117,000 diverse workers employed worldwide from all facets

Designing A Radio Essay

1084 words - 5 pages Designing a Radio For my objective 2 I have to find out an existing product, which is related, to mine, i.e. I have searched over the Internet and catalogue and found 2 similar types of products. These 2 products are small and quite well shaped. In the following I will evaluate these two products to show exactly what functions it has and the type of the components laid out in the circuit board. Product 1

Designing A Pay Structure Essay

743 words - 3 pages Designing a Pay Structure – Benefits Manager Job Description Within organizational structures appropriate compensation is administered through various methods and procedures. In order to effectively evaluate a specific positions value a detailed job description is required. The process of determining the specific job description provides the guidance on where the position fits within the organizational structure hierarchy. To framework of

Defining And Designing A Network Essay

614 words - 3 pages Defining and Designing a Network The overview of this book’s running case project is in the front matter. Please review this information carefully to guide you in completing each chapter’s project as you work through the remaining chapters. You have been hired as a consultant to design a network for LedGrafix, a video and PC game design company. LedGrafix’s newest game has become a hot seller, and the company anticipates rapid growth