Cost accounting data and principles, Cost Accounting

Questions

What are your recommendations to Ted Lapres? What aspects should he keep, what should he change, and in what sequence should he make the changes?
• Do you think the Daily P&L should be continued? Was it based on good cost accounting data and principles?
• What other measures would you recommend? Should Nypro replace the Daily P&L or should the other measures be additional?
• Do you see any opportunity to employ an ABC type cost system?
• Given the daily and monthly reports, was this enough control to manage this growth company? Did Nypro need more balance in its reporting system?
• Is the reporting and measurement system consistent with Nypro's organization and entrepreneurial culture?

Posted Date: 2/15/2013 5:27:36 AM | Location : United States







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