lego group case study questions and answers. 1. Analyze the macro environment 2. What features of the external environment have influenced strategy development at the LEGO Group? 3.…Full description
Contoh kasus Purchasing CycleFull description
molex
Case Studies in Finance 7th edition Case Paper
fdbsf
hiiFull description
Full description
..
MISFull description
Full description
Case study- Ann Taylor Stores
please open documents for detailsFull description
Tata Group - Case Study (Autosaved)
Full description
Full description
The Loewen Group Inc solution.
Search
Home
Saved
0
123 views
Upload
Sign In
RELATED TITLES
0
Case Study -Rayco Inc. Group 1 Uploaded by bryan albert
Top Charts
Books
Audiobooks
rayco
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
Join
Rain Shield
1
of 4
In
D10-CAC
Search document
RAYCO INC.
“These statements can’t be right,” said Ben Yoder, president of Rayco Our sales in the second uarter !ere up by "#$ o%er the &rst uarter, thes these e inco income me stat statem emen ents ts sho! sho! a prec precip ipit itou ous s drop drop in the the net net oper oper inco income me for for the the seco second nd uar uarte terr. Thos Those e acco accoun unti ting ng peop people le ha%e ha%e some someth thin ing g up.” up.” 'r. 'r. Yoder oder !as !as refer eferri ring ng to the the foll follo! o!in ing g stat statem em (absorption costing basis)*
+fter studying the statements briey, 'r. Yoder called in the controller to if the mista-e in the second uarter could be located before the &gures ! released to the press. The controller stated,” I’m sorry to say that th Read Free For 30 Days Sign up to vote on this title &gur &gures es are are corr correc ect, t, Ben. Ben. I agr agree that that sale sales s !ent !ent up duri during ng the the se Useful !e Not useful see, budgeted uarter, but the problem is in production. You to prod Cancel anytime. Special offer for#,/// students: Only $4.99/month. units each uarter, but a stri-e on the !est coast among some of suppliers forced us to cut production in the second uarter bac- to o
Master your semester with Scribd & The New York Times
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
0
123 views
Upload
Sign In
RELATED TITLES
0
Case Study -Rayco Inc. Group 1 Uploaded by bryan albert
Top Charts
Books
Audiobooks
rayco
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
Join
Rain Shield
1
of 4
In
D10-CAC
Search document
The company’s plant is hea%ily automated, and &1ed manufactu o%erhead amounts to 78/,/// each uarter. 9ariable manufacturing c are 78 per unit. The &1ed manufacturing o%erhead is applied to unit product at a rate of 7" per unit (based on the budgeted production sh abo%e). +ny under applied or o%er applied o%erhead is closed directly to cos goods sold for the uarter. uarter. The company had :,/// units in in%entory to s the &rst &rst uarte uarterr and uses uses the ;I;O ;I;O in%ent in%entory ory o! assump assumptio tion. n. 9ari selling and administrati%e e1penses are 7# per unit. Required:
. 6hat 6hat charac character terist istic ic of absorp absorptio tion n costin costing g caused caused the dropp dropped ed operating income for the second uarter and !hat could the contro ha%e said to e1plain the problem5
Master your semester with Scribd & The New York Times
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
123 views
0
Upload
Sign In
RELATED TITLES
0
Case Study -Rayco Inc. Group 1 Uploaded by bryan albert
Top Charts
Books
Audiobooks
rayco
Save
Embed
Share
Print
Magazines
News
Documents
Sheet Music
Rain Shield
1
Download
Join
of 4
In
D10-CAC
Search document
>. Reconci Reconcile le the absorption absorption costing costing and the %ariable %ariable costing net oper income &gures for each uarter5 See Schedule 2
:. Iden Identi tiffy and and disc discus uss s the the ad%a ad%ant ntag ages es and and disa disad% d%an anta tage ges s of %ariable costing method for internal reporting reporting purposes5
The ad%antages of using the %ariable costing method for inte reporting purposes include the follo!ing* •
•
•
9ariable costing supports forecasting and %ery helpful in deci ma-ing purposes. =ro&ts %ary directly !ith sales %olume and are not a?ected changes in in%entory le%els. 6hen sales go up, net opera income income goes up. 6hen 6hen sales sales go do!n, do!n, net operatin operating g inc goes do!n. 6hen sales are constant, net operating incom constant. ;acilitates acilitates the analysis analysis of cost %olume pro&t pro&t relation relationships ships aids the easy determination of brea-@e%en point and total p for a gi%en %olume of production and sales.
The disad%antages of using the %ariable costing method is that not be accept acceptabl able e to e1ter e1ternal nal repor reportin ting g purpos purposes es and adds adds -eeping cost.
#. +ssum +ssume e that that the the comp compan any y had had intr introd oduc uced ed Aean Aean =rod =roduc ucti tion on at beginning of the second uarter, resulting in ero endingin%en Read Free Foron 30this Days Sign up to vote title (4ales and production during the &rst uarter ua rter remain the same. Not useful Useful Cancel anytime.
Master your semester with Scribd & The New York Times
Special offer for students: Only $4.99/month.
the goal is to eliminate &nished goods in%entories entirely and red
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
123 views
0
Sign In
Upload
RELATED TITLES
0
Case Study -Rayco Inc. Group 1 Uploaded by bryan albert
Top Charts
Books
Audiobooks Magazines
News
Documents
Sheet Music
rayco
Save
Embed
Share
Print
Download
Join
Rain Shield
1
of 4
In
D10-CAC
Search document
b. 4tarti 4tarting ng !ith !ith the third third uarte uarter, r, !ould !ould you e1pec e1pectt any di?er di?er bet!een the net operating income reported under absorption cos and under %ariable costing5 C1plain !hy there !ould or !ould no any di?erence5 di?erence5
4tarting the Third Duarter, there !ill be little or no di?erence bet! the income incomes s repor reported ted under under %ariab %ariable le costin costing g and under under absorp absorp costing. costing. The inconsistent inconsistent mo%ement of net operating income un absorption costing and the di?erence in net operating income bet! absor absorpt ptio ion n and %ari %ariabl able e cost costin ing g occur occur becau because se of chang changes es numb number er of unit units s in in%e in%ent ntor ory y. Ther There e !ill !ill be no sh shif ifti ting ng of manu manufa fact ctur urin ing g o%er o%erhe head ad cost cost bet! bet!ee een n peri period ods s unde underr abso abso costing.
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
