Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Below is an excerpt from Bell's Management Discussion and Analysis from its 10K for the year ended 12/31/2011: Gross margin as a percentage of net revenue improved slightly to 19.1% during fiscal 2011, compared to 16.6% in fiscal 2010 and 15.9% in fiscal 2009.The year over year improvement in fiscal 2011 and 2010 was primarily driven by Bell's continued cost saving initiatives. During fiscal 2011, component costs continued to decline at a moderate pace that was relatively comparable to fiscal 2010. Management utilized these cost declines to balance profitable growth while passing on cost savings to its customers. Management expects the component cost environment to continue to be favorable during the first quarter of fiscal 2012. As part of management's focus on improving margins, Bell remains committed to reducing costs through four primary cost reduction initiatives: manufacturing costs, warranty costs, structural or design costs, and overhead or operating expenses.
Required:
Compare your gross margin percentage calculations in Problem 14 8 to the statistics cited in the MD&A. Does the MD&A help you understand why the gross margin percentage changed between fiscal 2011 and fiscal 2010? In your own words (which may be much clearer than the verbiage in the MD&A), summarize what happened.
1.Refer to Piaggio's financial statements in Appendix A. Compute its debt ratio as of December 31, 2011, and December 31, 2010.
Deibel Corporation is considering a project that would require an investment of $63,000. No other cash outflows would be involved. The present value of the cash inflows would be $79,380.
List five major features of JIT production systems. Describe how JIT systems affect product costing. Companies adopting backflush costing often meet three conditions. Describe these three conditions.
Selected transactions of Pale Force Company. Pale Force sells in large quantities to other companies and also sells its product in a small retail outlet - Prepare journal entries for the transactions.
Build a spreadsheet: Construct an excel spreadsheet to solve all of the preceding requirements. Show how the solution will change if the following information changes: the downtown store's sales amounted to $235,000, and its variable expenses were..
Prepare the for April Sales budget, production budget in units and direct material usage budget and direct material purchases budget
Camping for Fun, Inc., produces a variety of camping products on a year-round basis. The best-selling item is a compact portable camping stove made from sheets of rust-free aluminum.
Prepare a production report for the Assembly Department for February using the weighted average method of costing. The report should disclose the physical flow of units.
Prepare journal entries to record the following production activities.
human rights groups environmental activists and other interest groups concerned with unethical business practices have
As companies move to computer controlled manufacturing systems, what happens to the mix of product costs (direct material, direct labor, and manufacturing overhead)?
Pirate Seafood Company purchases lobsters and processes them into tails and flakes.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd