Amika Limited (Pty) is engaged in collecting, processing and distributing milk in Windhoek City. Most of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Amika Limited (Pty) is engaged in collecting, processing and distributing milk in Windhoek City. Most of the products of the company are such that these have to be distributed on daily basis. The company has a crew of distributors who approach the fixed customers, both bulk buyers and individuals. Mr. B. Jackson joined the company as an assistant accountant after graduating in Bachelor of Finance. The Finance manager was quite impressed by Mr.Jackson but initially could not offer him a better job than that of an assistant accountant. However, he promised to give him better opportunity whenever available. Mr.Jackson joined gladly. The assistant accountants are employed on monthly salary basis. To ensure that the distributions of the company's products are maximized, the company has a provision of overtime pay. Normally, Assistant accounts work slowly in the beginning just to accumulate overtime pay. The pace becomes hectic towards the end of the day with some over time to meet the distributions schedule. There is no group leader but there are several old-timers who influence newcomers regarding the work rules. Mr.Jackson did not like this method of working but had to follow the group to be a good team mate. He gathered that over the years, the company had paid around sixty per cent overtime unnecessarily. After a year, impressed by the work of Mr.Jackson and his overall suitability, the finance manager offered him the position of Accountant. The basis duty of accountant was to look after the Assistant accountants system and to develop new customers in a given area. Beside Mr. Jackson, there were four other Assistant accountants also. Mr.Jackson was sure of making distribution system effective as he was aware about the delaying tactics of the Assistant accountants. He was quite sure about cutting the overtime cost and impressing upon the manager about fixing the quota of work per day in two parts before lunch and after lunch. The Finance manager left convinced and introduced the system. However the efficiency dropped down considerably and no Assistant accountant was near the target. The poor performance was blamed on: Poor Management Control System The production and distribution team Lack of seriousness in utilising appropriate costing methods Lack of Proper sales and distribution system Amika Limited (Pty) is engaged in collecting, processing and distributing milk in Windhoek City. Most of the products of the company are such that these have to be distributed on daily basis. The company has a crew of distributors who approach the fixed customers, both bulk buyers and individuals. Mr. B. Jackson joined the company as an assistant accountant after graduating in Bachelor of Finance. The Finance manager was quite impressed by Mr.Jackson but initially could not offer him a better job than that of an assistant accountant. However, he promised to give him better opportunity whenever available. Mr.Jackson joined gladly. The assistant accountants are employed on monthly salary basis. To ensure that the distributions of the company's products are maximized, the company has a provision of overtime pay. Normally, Assistant accounts work slowly in the beginning just to accumulate overtime pay. The pace becomes hectic towards the end of the day with some over time to meet the distributions schedule. There is no group leader but there are several old-timers who influence newcomers regarding the work rules. Mr.Jackson did not like this method of working but had to follow the group to be a good team mate. He gathered that over the years, the company had paid around sixty per cent overtime unnecessarily. After a year, impressed by the work of Mr.Jackson and his overall suitability, the finance manager offered him the position of Accountant. The basis duty of accountant was to look after the Assistant accountants system and to develop new customers in a given area. Beside Mr. Jackson, there were four other Assistant accountants also. Mr.Jackson was sure of making distribution system effective as he was aware about the delaying tactics of the Assistant accountants. He was quite sure about cutting the overtime cost and impressing upon the manager about fixing the quota of work per day in two parts before lunch and after lunch. The Finance manager left convinced and introduced the system. However the efficiency dropped down considerably and no Assistant accountant was near the target. The poor performance was blamed on: Poor Management Control System The production and distribution team Lack of seriousness in utilising appropriate costing methods Lack of Proper sales and distribution system
Expert Answer:
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date:
Students also viewed these accounting questions
-
Expenses incurred but not yet paid or recorded are called Select answer from the options below interim expenses. prepaid expenses. accrued expenses. unearned expenses
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
This is similar to Section 2.2 Problem 28: Use algebraic simplifications to find the limit. Use a fraction. 2x-6 lim x+3x-9 =
-
How does technology change traditional marketing?
-
Explain why the irregular Markov process with transition matrix does not reach a steady state. Use a population model as is Exercise 10.4.3 to interpret what is going on. -(: )
-
Personal bias is an example of ____________ in the communication process. (a) an interpersonal barrier (b) a semantic barrier (c) physical distractions (d) proxemics
-
Toluca Products Co. uses the process cost system. A record of the factory operations for the month of October follows: Production Summary Units Started in process . . . . . . . . . . . . . . . . . ....
-
Question 2 (22 points) Find the volume of a right triangle prism given the measures in the diagram. (Figure may not be drawn to scale.) 216 cm 222 cm 336 cm 396 cm
-
Record the following journal entries for Red Carpet Unique Boutique (the company information is provided on the graphic). Jan3 Sold merchandise on account to Julia Roberts, $3,490.40 plus tax. 4 Sol...
-
Should IRR and NPV be calculated to include the Interest expense on loans used to finance the investment when operating cash flow is negative? Explain what makes NPV the best criterion to measure the...
-
Assume that Casio Computer Company, LTD . sells handheld communication devices for $ 1 3 0 during August as a back - to - school special. The normal selling price is $ 1 6 0 . The standard variable...
-
How does the genotype-phenotype map vary across different biological systems, and what are the underlying genetic and epigenetic mechanisms that contribute to the generation and modulation of...
-
2x-7 Let f(x)= 4x-5 (a) Find, the inverse function off. Show work.
-
I am preparing for the iStructe Certificate in Structural Behaviour exam. Can anyone who attempted help me how to crack it ? I have studied the book by David Brohn, but I still need some help with...
-
Hi i need answers for the following questions from Westwood securities (A) case study 1. Evaluate Diamond's performance to date. 2. What are the opportunities and risks of accepting the promotion? 3....
-
Smthe Co. makes furniture. The following data are taken from its production plans for the year. Required: 1. Determine the hazardous waste disposal cost per unit for chairs and for tables if costs...
-
__________ suggests that public corporations can function effectively even though their managers are self-interested and do not automatically bear the full consequences of their managerial actions....
-
A ___________ is the range of authoritative requests to which a subordinate is willing to respond without subjecting the directives to critical evaluation or judgment. (a) A zone of indifference (b)...
-
Define organizational politics and give an example of how it operates in both functional and dysfunctional ways.
Study smarter with the SolutionInn App