The output shows that the product value delivered to stock is $210,000.00, the total cost is...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The output shows that the product value delivered to stock is $210,000.00, the total cost is $108,676.35, is this a good sign or it is a warning sign for Global Bike? Explain why? If the planned cost for the above case is $105,000.00, what are some of the potential reasons that might cause the actual cost - $108,676.65 exceed the planned cost? List at least FIVE potential reasons. Cost Elements 720000 Aufwendungen Rohstoffe 720300 Aufw Halb 800000 Arbeit Costs 741600 Ausgleich Produktionsmengen Settled Costs 741600 Ausgleich Produktionsmengen Deliveries to Stock Balance Actual 71.925,00 33.000,00 3.751,65 108.676,65 101.323,35 101.323,35 210.000,00- 210.000,00- Plan 71.925,00 33.000,00 3.751,65 108.676,65 108.676,65 var. (Abs.) 101.323,35 101.323,35 210.000,00- 210.000,00- 108.676,65- var. (%) 100,00- The output shows that the product value delivered to stock is $210,000.00, the total cost is $108,676.35, is this a good sign or it is a warning sign for Global Bike? Explain why? The output shows that the product value delivered to stock is $210,000.00, the total cost is $108,676.35, is this a good sign or it is a warning sign for Global Bike? Explain why? If the planned cost for the above case is $105,000.00, what are some of the potential reasons that might cause the actual cost - $108,676.65 exceed the planned cost? List at least FIVE potential reasons. Cost Elements 720000 Aufwendungen Rohstoffe 720300 Aufw Halb 800000 Arbeit Costs 741600 Ausgleich Produktionsmengen Settled Costs 741600 Ausgleich Produktionsmengen Deliveries to Stock Balance Actual 71.925,00 33.000,00 3.751,65 108.676,65 101.323,35 101.323,35 210.000,00- 210.000,00- Plan 71.925,00 33.000,00 3.751,65 108.676,65 108.676,65 var. (Abs.) 101.323,35 101.323,35 210.000,00- 210.000,00- 108.676,65- var. (%) 100,00- The output shows that the product value delivered to stock is $210,000.00, the total cost is $108,676.35, is this a good sign or it is a warning sign for Global Bike? Explain why?
Expert Answer:
Answer rating: 100% (QA)
Global Bike should be concerned that the product value delivered to inventory is 210000 while the total cost is 10867635 This indicates that the company generates a profit of 10132335 per unit sold Ho... View the full answer
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
Posted Date:
Students also viewed these general management questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
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...
-
Explain how the structure of the cash flow statement represents another subsection of the accounting equation.
-
Suppose you are 90cm from a plane mirror. What area of the mirror is used to reflect the rays entering one eye from a point on the tip of your nose if your pupil diameter is 5.5mm?
-
Carbon dioxide enters an adiabatic nozzle at 1200 K with a velocity of 50 m/s and leaves at 400 K. Assuming constant specific heats at room temperature, determine the Mach number (a) at the inlet and...
-
What is meant by the concept litigation plan?
-
Fenwick Corporations manufacturing and finished goods warehouse facilities burned to the ground on January 31. The loss was fully covered by insurance. The insurance company wanted to know the cost...
-
Express the following comparative income statements in common-size percents. Using the common-size percents, which item is most responsible for the decline in net income? Complete this question by...
-
Usonic, Inc., has collected the following information on its cost of electricity: Required a. Prepare a scattergraph of Usonic's electricity costs for the year. Plot the total electricity cost on the...
-
Why do you suppose we tend to believe nonverbal cues, even when they contradict what a person is saying? Can you think of a situation in which you would believe the person's verbal message instead?
-
What is the output of the following code. 6 points Arr is string array of size 2X2 row and col is the index counters of Arr S="Basra is the Center of Economy" . For row = 0 To 2 For col = 0 To 2...
-
Problem 4.3 (MATH 461 only) Let K be a cone in X, i.e., K is nonempty and ax K whenever I K and a 0. Show that K is convex K+K CK.
-
3.Based on your example in question 2, could that communication problem be fixed if one of the rules/recommendations in the video were followed? Which one? Why and how could it have been fixed? Have...
-
Situation 2 : Briefly explain the situation, incident, activity, or interaction at the workplace. Reflect on the situation and give examples of ethic legal factors in the above situation. E.g., List...
-
Data fora marketingcompanyfor the yearare as follows: Physical Units Percent Completed Beginning work inprocess 700 70% Started and completed 8,000 100% Ending work inprocess 900 80% What isthe...
-
Atlas is an engineering company which was founded 30 years ago by the current CEO, Derek Rhys. The company showed profits for most of the years, but in the year 2017 the company tried to scale up...
-
What are the before image (BFIM) and after image (AFIM) of a data item? What is the difference between in-place updating and shadowing, with respect to their handling of BFIM and AFIM?
-
Due to the special capital market situation in China during the period 20072008, the authors voluntarily left this case un-updated. Youngor Group, founded in 1979, has grown over 30 years into a...
-
Kalomiris Construction, Inc. is a locally very important construction company listed on a regional stock exchange. Its main market is building single-family homes, either for individuals or for...
-
Nokia (Finland) is still among the leaders in the telecommunication industry, with emphasis on cellular phones and other wireless solutions. The consolidated financial statements are prepared in...
-
According to the National Vital Statistics Reports, the mean life expectancy for United States was 78.7 years and the median was 83.5. If a histogram were constructed for the lifespans of all people...
-
An ABC News story reported the number of calories in hamburgers from six fast-food restaurants: McDonalds, Burger King, Wendys, Hardees, Sonic, and Dairy Queen. The results are a. Find the mean...
-
The U.S. Census Bureau recently reported that the mean household income in the United States was $72,641 and the median was $53,657. If a histogram were constructed for the incomes of all U.S....
Study smarter with the SolutionInn App