Question
Please help. Prepare a memo in good form addressed to Janet McKinley, Vice President of Quality Products, addressing requirements 3 and 4 of the case.
Please help. Prepare a memo in good form addressed to Janet McKinley, Vice President of Quality Products, addressing requirements 3 and 4 of the case. (I will include the requirements 3-4 below). Your memo should: (1) address likely causes of the largest Berkshire Toy budget variances citing evidence from the case to support your reasoning and (2) suggest at least two changes Berkshire Toy could make in the way they manage operations and monitor and reward performance, explaining the reasoning behind your changes. Upload your memo as a word document. Requirement 3. Compute the bonuses earned in fiscal 1998, if any, by David Hall of the purchasing department, Rita Smith of the marketing department, and Bill Wilford of the production department.
Requirement 4: 4. Suggest changes Berkshire Toy could make in they way they manage operations, monitor performance and reward performance that you believe would improve their results. Be prepared to explain the reasoning behind your recommendations. I'm including the Toy Berkshire Variances! Please help with a question.
berkshire toy variances solution [Read-Onlyl Excel HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Library Intermet-06 | -- AutoSum . A Cut ,Wrap Text General 'o Conditional Format as Cell ormatting Table Styles Insert Delete Format | . Merge & Center . $ . % , Cells Editing 05 1 Berkshire Toy Company: Sales BActua Sales Sales PriceBudget Sales Mix 8,573,285 (4,986,122 13,559,407 1,897,407 11,662,000 238,000 49.00 4,428,018 4,428,018 174,965 49.00 8,573,285 105,429 42.00 4,428,018 45,162 32.001,445.184 325,556 44.37 14,446,487 218,669 1,344,000 42,000 32.00 9 Berkshire Toy Company: Direct Material 10 Budget Computations nit Volume StandardEfficiency Flexible Budget Price! (Usage) . Budget(volume AQxSP Variance SPxSQxAO VarianceSPxSQxBOSQiunit AP AQxAP (5,564) (1,926) 2f1. 123,A11 (37,962) (17,311) 1.KA 13 10-mm eyes 14 45-mm joints 1,937,023 0.13246,00225,181271,183 43,294) 227,889 31 fiber fillin 344,165$ 1.31 450,856 17 Designer box 66,013 (26,946) 1 1.2011 nNH 1MHMW (122,789) 1,1a121ei (165.291) 1,0iima 21 Berkshire Toy Company: Direct Labor & Variable 22 Expense Budget Computations Price (Rate,Standard Efficiency Flexible Actual Spending)Pre)Budget VolumeBudget AP AQXAP eAQx SP Variance SPxSQxAOVariance SPxSQxBOSQiunit Variances Summary tabl berkshire toy variances solution [Read-Onlyl Excel HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Library Intermet-06 | -- AutoSum . A Cut ,Wrap Text General 'o Conditional Format as Cell ormatting Table Styles Insert Delete Format | . Merge & Center . $ . % , Cells Editing 05 1 Berkshire Toy Company: Sales BActua Sales Sales PriceBudget Sales Mix 8,573,285 (4,986,122 13,559,407 1,897,407 11,662,000 238,000 49.00 4,428,018 4,428,018 174,965 49.00 8,573,285 105,429 42.00 4,428,018 45,162 32.001,445.184 325,556 44.37 14,446,487 218,669 1,344,000 42,000 32.00 9 Berkshire Toy Company: Direct Material 10 Budget Computations nit Volume StandardEfficiency Flexible Budget Price! (Usage) . Budget(volume AQxSP Variance SPxSQxAO VarianceSPxSQxBOSQiunit AP AQxAP (5,564) (1,926) 2f1. 123,A11 (37,962) (17,311) 1.KA 13 10-mm eyes 14 45-mm joints 1,937,023 0.13246,00225,181271,183 43,294) 227,889 31 fiber fillin 344,165$ 1.31 450,856 17 Designer box 66,013 (26,946) 1 1.2011 nNH 1MHMW (122,789) 1,1a121ei (165.291) 1,0iima 21 Berkshire Toy Company: Direct Labor & Variable 22 Expense Budget Computations Price (Rate,Standard Efficiency Flexible Actual Spending)Pre)Budget VolumeBudget AP AQXAP eAQx SP Variance SPxSQxAOVariance SPxSQxBOSQiunit Variances Summary tablStep by Step Solution
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