PROBLEM 1

PT. Sultan Food sells food and variety snacks and cake. The company has one restaurant location and serves catering orders for offices. So far, all dishes are made by themselves using family recipes that have been passed down from generation to generation. The company already has regular customers from various companies for ordering snacks and cakes for office events. Recently the company received an offer from PT. Great taste for making variety snacks and the usual cakes made by the company. Average cost per unit to produce snacks and cakes as much as 10,000 units per month are as follows:

- Raw Material Cost : IDR 5,000

- Labor costs Cost : IDR 4,000

- Overhead Variable Cost : IDR 1,500

- Overhead Fixed (assuming a capacity of 10,000 units) : Rp3,700

In the fixed overhead costs, there is a production manager's salary of Rp 12,500,000 per month which consists of a basic salary of Rp. 10,000,000 and job allowances of Rp. 2,500,000. In addition, there is an equipment depreciation expense of IDR 500,000 per month.

If the company accepts the offer of PT. Great taste, so the company can focus on developing a new menu in the form of healthy food and diet. Based on the analysis that has been done, the new menu can provide a contribution margin of Rp 15,000 per serving and the company has the prospect of receiving 1,000 portions per month. Equipment commonly used to make snacks and the cake has a current book value of Rp.28,000,000, and as it is no longer being used will be sold. Currently there are those who want to buy the equipment at a price of Rp 25,000,000. The production manager will be reassigned to another department, and will no longer receive job benefits. PT. Great Taste agreed to buy 10,000 units snacks and cakes per month as needed.

Requested:

1. Make your analysis to recommend whether PT. The Steady taste should be accepted or not?

2. What is the maximum price that can be offered to PT. Feeling good when negotiating?

3. What strategic factors need to be considered in the decision?

PROBLEM 2

PT Dedaunan, located in Prague, is an exporter company that produces type A and type B ornamental plant shelves. Type A shelves have a minimalist design compared to type B shelves. Both products use a combination of wood and wrought iron materials. So far, PT. Foliage's products are sold to various countries in Europe. The following is cost information for the two products for the month of November:

PT Dedaunan uses the FIFO approach to calculate the flow of raw material costs and inventory of finished products. The following is information related to the sale and inventory of PT Dedaunan's finished products:

PT Dedaunan also uses the ABC approach in calculating product costs. There are three groups of overhead costs: Inspection, Setup and Processing. The rates for each of these activity groups are: 20 per inspection hour, 130 per setup hour, and 5 per machine hour. The following is information related to the number of cost drivers used in each group of overhead activities by type A products and type B products.

Other information available at PT Dedaunan, there are fixed costsnonmanufacturing for October is 32,000, half of which is the cost of workers' salaries. Salary costs are expected to increase by 5% in November. The only variable costnon-manufacturing is a sales commission, which is 1% of sales. As an accounting clerk, you are required to make:

1. Production Budget (Units)

2. Direct Raw Material Purchase Budget

3. Overhead Budget for Three Activities

4. Final Finished Product Inventory Budget

5. Budget Income Statement

PROBLEM 3

PT MASK produces two types of snack products; Fun Noodles and Full Noodles. Both products are made in the same way but with different packaging and brands. The following are financial data that occurred at PT MASK related to the production and sales of Fun Noodle and Full Noodle during 20X1:

PT Mask sells both of its products in the West Java area. For 20X1 budget reporting, PT MASK assumes a 12.5% market share based on all sales in the West Java region. Total sales of noodles in all areas of West Java for the 20X1 period itself is predicted to be worth 10,000,000 units. However, the realization of sales in the Java region during 20X1 turned out to be worth 12,300,000 units.

The following is information regarding the variance that occurred at PT MASK during the 20X1 period:

The accounting department of PT MASK made a variance analysis report aimed at the leadership of PT MASK with a note that the company's condition this year was not good or worsened. You are required to analyze all variance conditions at PT MASK. Do you agree with the statement of PT MASK's accounting department? Explain.

PROBLEM 4

PT Bag Fashion is a company that produces export quality leather bags. The company has two divisions profit center, namely the Tanning Division and the Bag Division. Tanning Division 4 selling tanned cowhide to foreign customers. Currently the Tanning Division still has remaining capacity if it has to sell the leather to the Bag Division. However, if it has to fulfill all the demands of the Bag Division, the Tanning Division will sacrifice some of its overseas customers. The following is data related to the Tanning Division and the Bag Division:

Question:

a. Looking at the situation in the two divisions, what should be the minimum transfer fee that should be set by the Tanning Division? Explain!

b. Perform the calculation of the minimum transfer fee according to the answer to number a.

c. What is the maximum transfer fee that the Tanning Division can charge the Bags Division? Explain why!

d. Suppose it is known that the Bag Division can get a supply of leather at a domestic (local) price of Rp. 175,000 per unit. Does the Tanning Division have to accept the Rp175,000 price tag? Explain why! Is there additional profit? Give the analysis backed by calculations! (7%)

PROBLEM 5

The following is data at one of the Main Branch Offices (KCU) of Bank DEF for 2019 and 2020:

Question:

a. What is KCU Bank DEF's Return On Investment (ROI) in 2020? Use DuPont Analysis (margin and turnover)!

b. How much is the Residual Income (RI) of KCU Bank DEF in 2020? (3%) c. In your opinion, which one is more appropriate to use to assess division performance? ROI or RI? Explain!

PROBLEM 6

Supermart is a local retail store that sells organic meat and food products, with a network of 500 stores in the Greater Jakarta area. In addition to selling through physical outlets, Supermart also serves online sales (on line). Supermart's vision is "to be the best retailer by providing quality and healthy food products with excellent service". To support its vision and mission, Supermart focuses on ensuring the supply of meat and food labeled organic, neat, clean store arrangement, and friendly employees.

Question:

a. Using the Balanced Scorecard perspective, identify and briefly describe the performance measures included in thefinancial perspective, customer perspective, internal-business-process perspective, and learning-and-growth perspective. (5%)

b. Assume that this Supermart is in theGrowth. By using the frameworklevers of control, explain what type of control is most important to pay attention to! (5%)

PROBLEM 7

PT Gaya Seluler produces smart phones at affordable prices. The CEO of the company is an alumni of the MAKSI UI Program and has attended several trainings on the importance of maintaining product quality. Armed with knowledge during college and also the training that has been followed, the CEO decided to devote resources and thoughts to improve product quality so that smartphones made by the company are more acceptable to various groups. With the help of several staff, he began to collect data. For ease of analysis, all data is presented in US$ and during 2019 and 2020 sales data amounted to $12,000,000 per year (taken from the average sales for the last two years). Below is some of the information that was collected to start the quality improvement program at PT Gaya Seluler.

Requested:

1. Prepare a quality cost report (Quality Cost Report) for each year. To make it easier, give a label/short name for each cost description above.

2. Based on the report you created, provide your analysis of the company's product quality costs for 2019 and 2020.

Input Price Raw material . Wood 4 per kg Wrought iron 3 per kg Power work 14 per labor hour direct Type A Type B Input Quantity per output unit Direct raw material Wood . 3 kg 0.5 kg 5 kg 1 kg Wrought iron Direct labor 5 hours 3 hours 13 Machine working hours o'clock 20 hours machine machine Type B 70 kg Raw material inventory information Initial inventory Ending inventory target Value of beginning inventory cost Type A 230 kg 400 kg 874 65 kg 224 Type B Type A 580 190 end of period 45 Sales target (units) Selling price Target finished product inventory - (units) Finished product inventory - beginning of period Finished product inventory (in ) 240 275 25 25 40 2,500 7,440 Type A Type B 13 25 Cost driver information Number of units per batch Number of setup times per batch Number of inspections per batch 1.25 hours 2 hours 0.5 hours 0.6 hours Product Budget 20X1 (in $) Price B. Variable Amount Sell/unit /unit Sold 10 5.5 500,000 units 7.5 4 750,000 units Realization 20X1 (in ($) Price B. Variable Amount Sell/unit /unit Sold 10.1 5.75 504,300 units 7.75 3.70 725,700 units Fun Noodles Full Noodles Sales Variance (in $): Fun Noodles Sales volume variance Sales mix variance Sales quantity variance Market share variance Market size variance 19,350 F 55,350 F 36,000 U Full Noodles 85,050 U 43,050 U 42,000 U 1,199,250 U 1,121,250 F 4060 F Cost Variance (in $): Direct material price variance Direct material usage variance Direct labor rate variance Direct labor efficiency variance Variable overhead spending variance Variable overhead efficiency variance Fixed overhead spending variance Fixed overhead volume variance 6.60 U 1,540 F 1.300 U 2,415 F 2,220 U 1,800 U 3,200 F Tanning Division Total production capacity (units) Number of units sold overseas Selling price (Rp/unit) Variable costs (Rp/unit) Fixed costs based on capacity (Rp/unit) 100,000 80,000 IDR 200,000 IDR 120,000 IDR 25,000 Bag Division Amount of leather needed (unit) Selling price of bag (Rp/unit) Variable costs (Rp/unit) Fixed costs (Rp/unit) Number of bags sold (units) 40,000 Rp450.000 IDR 130,000 IDR 55,000 40,000 Operating assets Total assets Income Operational profit Net profit Required rate of return 2019 (Rp000) 8,580,700 10,340,400 6,770,800 1,360,600 2,680,500 7% 2020 (Rp000) 9,190,300 11550,600 7,690,200 1,950,900 3,210,400 8% 2019 ($) 150,000 2020 ($) 300,000 200,000 100,000 100,000 50,000 60,000 40,000 Cost Description Staff salaries and other related costs in the Creative Design Division for the purpose of reviewing new product designs prior to launch Repair costs incurred throughout the year because customers return products that have been purchased with varying degrees of damage The cost of double checking by two inspection staff to ensure product quality Cost of checking the quality of raw materials by warehouse staff (calculated from the average hourly salary multiplied by the number of hours of checking during the year) To fully support the quality improvement program, all staff have attended training, both delivered by internal instructors and from outside institutions Cost of test equipment used for final checks to ensure that product quality is acceptable Scrap what happens in the production process Estimated lost sales based on sales cancellation data to one of the customers due to disappointing product quality problems Product quality checking costs Return fees that occur every year 40,000 100,000 50,000 145,000 300,000 35,000 200,000 50,000 155,000 30,000 95,000