{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T07:06:12-04:00", "answer_date": "2024-05-26 07:06:12", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1726370", "url": "\/study-help\/questions\/bac30204-advanced-cost-and-management-accounting-with-integrated-case-study-1726370", "question_creation_date_js": "2024-05-26T07:06:12-04:00", "question_creation_date": "May 26, 2024 07:06 AM", "meta_title": "[Solved] BAC302\/04 Advanced Cost and Management Ac | SolutionInn", "meta_description": "Answer of - BAC302\/04 Advanced Cost and Management Accounting with Integrated Case Study Course Assessment 2 January 2022 You rece | SolutionInn", "meta_keywords": "bac302\/04,advanced,cost,management,accounting,integrated,case,study,course,assessment,2,january", "question_title_h1": " BAC302\/04 Advanced Cost and Management Accounting with Integrated Case Study Course Assessment 2 January 2022 You received the following email from Una. From: Una", "question_title": " BAC302\/04 Advanced Cost and Management Accounting with Integrated Case Study Course", "question_title_for_js_snippet": "BAC302 04 Advanced Cost and Management Accounting with Integrated Case Study Course Assessment 2 January 2022 You received the following email from Una From Una Volk, Finance Manager To Finance Officer Subject Budget, KPIs and one off contract Gavin Thorpe, Production Director, is concerned about the handling of raw materials into production at the new production facility Apparently, raw materials are not always placed in the correct production area quickly enough leading to delays in production and employee idle time Gavin wonders part of the problem is that raw materials handling was only allocated a small budget I've suggested that we re think the budget for this function using a zero based budgeting (ZBB) approach I know that the original budget allows for two small forklift trucks and two operating staff who are responsible for picking raw materials from the warehouse and moving these into the appropriate production area Other than the forklift trucks there is currently no automated lifting equipment Another area that Gavin is concerned about is the in house Machinery Maintenance Department The objective of the department is to ensure that all production machinery is kept in optimal working order to protect the quality and efficiency of production It is responsible Tor regular 6 monthly routine maintenance of all machinery as well as dealing with repairs when required Gavin is keen that the performance of the department is adequately monitored with the use of KPIs and has asked for suggestions On a different matter, we have been negotiating with a hotel chain to supply it with 500 hybrid mattresses Gavin thinks this could lead to large in orders in the future He is now trying to decide if we should accept its latest price offer which is lower than our full cost I've attached a schedule with information about the order ", "question_description": "\"image\"image", "transcribed_text": "BAC302\/04 Advanced Cost and Management Accounting with Integrated Case Study Course Assessment 2 January 2022 You received the following email from Una. From: Una Volk, Finance Manager To: Finance Officer Subject: Budget, KPIs and one-off contract Gavin Thorpe, Production Director, is concerned about the handling of raw materials into production at the new production facility. Apparently, raw materials are not always placed in the correct production area quickly enough leading to delays in production and employee idle time. Gavin wonders part of the problem is that raw materials handling was only allocated a small budget. I've suggested that we re-think the budget for this function using a zero-based budgeting (ZBB) approach. I know that the original budget allows for two small forklift trucks and two operating staff who are responsible for picking raw materials from the warehouse and moving these into the appropriate production area. Other than the forklift trucks there is currently no automated lifting equipment. Another area that Gavin is concerned about is the in-house Machinery Maintenance Department. The objective of the department is to ensure that all production machinery is kept in optimal working order to protect the quality and efficiency of production. It is responsible Tor regular 6-monthly routine maintenance of all machinery as well as dealing with repairs when required. Gavin is keen that the performance of the department is adequately monitored with the use of KPIs and has asked for suggestions. On a different matter, we have been negotiating with a hotel chain to supply it with 500 hybrid mattresses. Gavin thinks this could lead to large in orders in the future. He is now trying to decide if we should accept its latest price offer which is lower than our full cost. I've attached a schedule with information about the order.", "related_book": { "title": "Advanced Accounting", "isbn": "978-0132568968, 9780132568968", "edition": "11th Edition", "authors": "Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/55.jpg", "uri": "\/textbooks\/advanced-accounting-11th-edition-9780132568968", "see_more_uri": "" }, "free_related_book": { "isbn": "0691156689", "uri": "\/textbooks\/the-darwin-economy-liberty-competition-and-the-common-good-1st-edition-978-0691156682-98402", "name": "The Darwin Economy Liberty Competition And The Common Good", "edition": "1st Edition" }, "question_posted": "2024-05-26 07:06:12", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/physics-scientists-and-engineers\/you-are-given-the-equations-used-to-solve-a-problem-for-each-of-these-you-are-to-a-write-a-realistic-problem", "description": "You are given the equation(s) used to solve a problem. For each of these, you are to a. 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