Reference no: EM131116274 , Length: word count:3000
Individual Assignment-
Procter & Gamble is the global leader in beauty and personal care. Its key brands here include Olay, Gillette and Pantene. The company has however underperformed some of its rivals including Unilever and L'Oréal, which have made significant gains in the Chinese market to Procter & Gamble's detriment. Procter & Gamble may suffer from being too mid-range for premium-focused China, while too premium for lesser developed emerging markets such as India.
Proctor & Gamble wants to produce a new product codenamed 'Alpha 577'. The product requires a single operation, and the standard cost for this operation is presented below:
Standard Cost Card for ALPHA 577 €
Direct Materials:
kg of material A @ €10 per kg 20.00
1 kg of material B @ €15 per kg 15.00
Direct labour (3 hours @ €9 per hour) 27.00
Variable overhead (3 hours @ €2 per direct labour hour) 6.00
Total standard variable cost 68.00
Standard contribution margin 20.00
Standard Selling Price 88.00
Practor & Gamble planned to produce 10,000 units of Alpha 577 for the month of September 2014. It anticipated that the Budgeted Contribution would be €200,000 and that they would have budgeted fixed costs of €120,000 with a budgeted profit of €80,000.
The actual results for October were:
Sales (9000 units @€90) €810,000
Direct Materials:
A: 19,000 kg @ €11 per kg 209,000
B: 10,100 kg @ €14 per kg 141,400
Direct labour (28,500 @ €9.60 per hour) 273,600
Variable overheads 52,000
(€676,000)
Contribution 134,000
Fixed costs (116,000)
Profit 18,000
1. Prepare an original budget statement for October.
2. Preparation of variances, with explanations along with reconciliation from actual to budget.
3. Draft a report which critically analyses the usefulness of variance analyses as part of directing management attention in a business.
3000 words,
Harvard 5 references.
|
Compute the net interest expense to be reported
: Compute the net interest expense to be reported for this note and related swap transaction as ofDecember 31, 2010.
|
|
Problem regarding the scientific notation
: The pH of the solution after 200.0 mL of KOH has been added is 8.00. Determine the value of Ka3 for this triprotic acid. Use scientific notation to enter this answer, e.g., 1.0 x 10-3 = 1.0E-3.
|
|
Suspicion of having overshot the end point
: When the concentration of your suspect (overshot) value is compared to the concentration values of the rest of your titrations what would you look for in the calculated concentration to confirm your suspicion of having overshot the end point?
|
|
What is the relationship between iso9000 and tqm
: What is the relationship between ISO9000 and TQM? Support your essay with credible references. Follow APA format.
|
|
Prepare an original budget statement for october
: Procter & Gamble is the global leader in beauty and personal care. Its key brands here include Olay, Gillette and Pantene. Prepare an original budget statement for October
|
|
Prepare contribution margins with all revisions included
: Prepare contribution margins as in part (1) with all revisions included. For the original estimates, compute each of the following: a. Break-even point for the given sales mix. b. Margin of safety for the estimated sales volume.
|
|
Calculate the vapour pressure
: A) Calculate the vapour pressure of a 5% by mass benzoic acid [C7H6O2(aq)] in ethanol solution at 35oC. The vapour pressure of pure ethanol at this temperature is 13.40 kPa. Present your answer in kPa.
|
|
Photochemical destruction of stratospheric ozone
: In the mid 1990's a famous conservative pundit claimed that since chlorofluorocarbons are more dense than air, it is not possible for them to be present at high atmospheric elevations (in the ozone layer). Thus, they cannot play a role in the all..
|
|
Differences in boiling point of a five carbon alkene
: Explain the differences in boiling point of a five carbon alkene, alkyl bromide, and alcohol. What intermolecular forces are involved in holding the molecules in the liquid form?
|