ACCT 4100- Final Exam Guide - Comprehensive Notes for the exam ( 28 pages long!)
28 Mar 2018
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Document Summary
How can we design performance measurement systems meet a companies. Homework for thursday: control in an age of empowerment by robert simons, outline key points for discussion. Wsj article: marching to a vibrant drummer: innovation, making things different: competitive advantage, empowerment, interactive controls, seeing advantages and using the technology, adapting to benefit other areas, creativity encouragement, does not mention boundaries, diagnostic, price advantage, consumer reports. Cost accounting review: total oh costs, cost driver: basis- labor, good driver, allocation of resources: cost pools, assume evenly proportional, more complex in reality. Wilkerson case: a b costing: oh: ,000, manufacturing: machine hours, setup: production runs or number of setups, receiving: orders or production runs, engineering: labor hours, packaging and shipping: number of shipments. Oh rates: machine: oh rate: 336,000/11,200: 30, setup: oh rate: 40,000/160: 250, receiving: oh rate: 180,000/160: 1,125, engineering: oh rate: 100,000/1,250: 80, p and s: oh rate: 150,000/300: 500.
