Solartronics Case Essay - 851 Words

Controllership February 29th, 2012 Solartronics Inc. Case 10-2 1. In light of the expected, average monthly profit of $30,000, January results were so poor because the budgeted average monthly sales should be $250,000. This is calculated by dividing the $3,000,000 in sales by 12 months. Unfortunately the actual average monthly sales turned out to be $ 165,000. Another reason that results were so poor is because they were in a normal seasonal downturn. Furthermore, during this period, fixed costs also continued to be high which meant that the total allocation of the fixed costs was not spread over a large scale. 2. Various external forces could help the company analyze the January performance. Some of these factors include:†¦show more content†¦It is in the fast-moving, complex, high competitive health care businesses. It is hard to make a prediction for the future and so the view point is likely to be short-tem focus. It might have adverse effect on long-term corporate performance. Each subsidiary has to develop a five- and ten-year strategic plan and use it as guidance for short-tem profit plans and budgets. Some of its advantages include: Its long lasting performance and the system’s effectiveness. Using the five- and ten-year planning concept, managers are required to include in their plans an explanation of how and why their estimations have changed over time. This allows the company to adjust their thinking over time and to achieve ex-post learning. 3. The center of the control function is the Executive Committee comprising the chairman, president, chief financial officer, vice president of administration, and eight Executive Committee members with responsibilities for company sectors This is a decentralized setup that is necessary for their success. Each subsidiary reports to a member of the Executive Committee. On the other hand, each company develops its own plans and strategies, which remain, fixed over a five-year period. The managers set their targets themselves but also held responsible for their actions. Next, they move toward the goals based on their own

Role of Cost Accounting and Ethical Consideration

RUNNING HEADER: Role of Cost Accounting and Ethical Consideration Role of Cost Accounting and Ethical Consideration Introduction Cost accounting is used to help management understand how much it cost to run a business. Understanding the role of cost accounting is important when one is trying to put together a team of managers to help run the company. The CEO of a merchandising organization needs to hire a CFO to run the accounting system, but the CEO has little understanding of cost accounting. The CEO will hire a consultant to help her understand the role of cost accounting, the role of ethics in cost accounting, and compare and contrast the absorption and variable costing. Role of Cost Accounting Cost accounting is the area†¦show more content†¦Ethical analysis needs to be instutionalized as an integral part of phases in decision making process. Compare and Contrast Absorption and Variable Cost It is important for the CEO is the manufacturing organization to understand the different between absorption cost and variable cost. One different between the two are the way accounting treats fixed manufacturing overhead. Absorption cost is all the manufacturing overhead costs applied to the manufactured goods (Hilton, 2003). Variable cost is applied to work in process as product cost, and fixed overhead costs are expensed as period cost. Other different is the timing of when fixed overhead becomes an expense. Variable fixed cost is expense immediately, and absorption fixed cost is inventoried until the goods are sold. Fixed cost is expense in both accounting system. Both systems have advantages and it will be up to management to decide which works best for their organization. Below is a list of each system advantages: â€Å"Advantages of Absorption costing †¢ Fixed MOH is treated as the same as other product costs, e.g. DM, DL †¢ Consistent with long-run pricing decisions that must cover full cost †¢ External reporting and income tax law require AC Advantages of VariableShow MoreRelated Cost Accounting: Its role and ethical considerations Essay1054 Words   |  5 PagesCost Accounting: Its role and ethical considerations Introduction: Accounting is the process of identifying, measuring, and communicating economic information about an entity for the purpose of making decisions and informed judgements. 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De Las Casas Free Essays

In Bartolome De Las Casas’s â€Å"from The Very Brief Relation of the Devastation of the Indies† a lot of descriptive verbiage is utilized to paint a distinct picture of good vs. evil in an unjust world. Referencing the Spaniards as Christians is done with a great deal of anger, and sarcasm. We will write a custom essay sample on De Las Casas or any similar topic only for you Order Now These Spaniards performed many acts of evil as they brutally tortured, killed, and enslaved the Native American peoples. According to De Las Casas â€Å"they attacked the towns and spared neither the children nor the aged nor pregnant women nor women in childbed, not only stabbing them and dismembering them but cutting them to pieces as dealing with sheep in a slaughter house†. (40) This was such a gruesome, cruel, and violent act of murder, without regard to even those we view as pure innocence such as that of a child. This provokes the reader to feel an intense sorrow and heartache for these innocent Native Americans. De Las Casas portrays the Native American people as innocent, gentle prey to the Spaniards, thus referring to them as â€Å"sheep. † They were deemed weak in their efforts to fight back, and they were unable to seek refuge in the mountains where they tried to flee. This piece incorporates multiple biblical representations throughout as well. The â€Å"sheep† biblically represent the followers of Christ, and they are submissive followers with little to no resistance like that of the Native American peoples. However, the so-called Christian Spaniards acted like ravenous, greedy animals rather than human Christ like leaders. De Las Casas, Bartolome â€Å"from The Very Brief Relation of the Devastation of the Indies. † The Norton Anthology of American Literature 8th ed. Ed Nina Baym et al. Vol. A. New York: Norton, 2012. 38-42. How to cite De Las Casas, Papers

Organizational Structure And Function Of Johnson Johnson Commerce Essay Example For Students

Organizational Structure And Function Of Johnson Johnson Commerce Essay Like other transnational companies, Johnson A ; Johnson had form functional type of construction during its first operation. As the company went into globally and involved in complex merchandises operation, Johnson A ; Johnson formed a divisional organisation construction for better control and coordination. The construction at Johnson A ; Johnson consists of 180 separate runing units, including McNeil Consumer Products, shapers of Tylenol ; Ortho Pharmaceuticals, which makes Retin-A and birth control pills ; and J A ; J Consumer Product, the company that brings us Johnson s Baby Shampoo and Band Aids, eachA divisionA is a individually chartered and Johnson A ; Johnson Family Headquarters will supervise all the operations. This decentralised construction of organisation allows the employees to develop themselve in the company. It is besides helps in invention which allows the employees use their accomplishments and knowledge efficaciously to convey together different merchandises and engineerings to run into with the client demands. A good scheme besides will be constructed as a feedback to client and market issues arose in each division. Normally, Johnson A ; Johnson companies around the universe are coordinated by local people in peculiar state because they can understand the demands in those market and use themselves in those market. 3.2 Selling in Johnson A ; Johnson Marketing section in Johnson A ; Johnson plays a important function in non merely advancing its merchandises but besides in keeping its trade name name. Johnson A ; Johnson has emphazised four selling mix as the followers: Merchandise Basically, Johnson A ; Johnson has three chief merchandises classs including Pharmaticeutical, Medical Device A ; Diagnostic, and Consumer Healthcare. Some of the merchandises are Feminine hygiene, Denture attention, First assistance, Family planning, Nutritionals, Diabetes attention, Allergy cold and grippe intervention, and Women s Health. Monetary value Johnson A ; Johson effort to maintain their net monetary value additions for health care merchandises within the consumer monetary value index in United Stated. Consequently, the company has cooperated with the goverment to develop differential pricing attack so that people are helped to entree their medical merchandises. Topographic point Johnson A ; Johnson merchandise can be found in sweeping companies like Over the Counter Wholesale.com, WUZ Group, and ShopatHome.com. Its merchandises can besides be bought in retail mercantile establishment. Promotion Johnson A ; Johnson has engaged in advertisement runs which encourage healthy life styles. For illustration: The Campaign for Nursing s Future, Having a Baby Changes Things, and Because We Care We Act ( China ) . Selling Procedure Johnson and Johnson seek in nearing new merchandises invention and sometimes whole new concerns. Their end is to capitalise on scientific innovation, selling penetration and fabrication expertness easy across the full range their concerns. 3.3 Management and Human Resource policies and attacks in Johnson A ; Johnson Human Resource Management plays a alone function in pulling workers and keeping the employees in a well-manner in the company. Johnson A ; Johnson has about 115 000 employees around the universe. Healthy and mental good being employees have become its policies in the company. Johnson A ; Johnson has offered flexible work agreements over the old ages. Johnson A ; Johnson believes that flexibleness is of import to pull many talented employees to work and being loyal with the company, so that it will benefited the company every bit good as the worker could equilibrate their work and life. Flexible agreements include flextime hours, telecommuting, distant work, occasional flexibleness, a tight work hebdomad, summer hours, and parttime work or occupation sharing. Johnson A ; Johnson besides believes that it is of import for the company to be succeeded by pulling, developing, and retaining a base of employees that reflects the diverseness of its clients. .ud5104f7547715ed92195a694ff2ead11 , .ud5104f7547715ed92195a694ff2ead11 .postImageUrl , .ud5104f7547715ed92195a694ff2ead11 .centered-text-area { min-height: 80px; position: relative; } .ud5104f7547715ed92195a694ff2ead11 , .ud5104f7547715ed92195a694ff2ead11:hover , .ud5104f7547715ed92195a694ff2ead11:visited , .ud5104f7547715ed92195a694ff2ead11:active { border:0!important; } .ud5104f7547715ed92195a694ff2ead11 .clearfix:after { content: ""; display: table; clear: both; } .ud5104f7547715ed92195a694ff2ead11 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud5104f7547715ed92195a694ff2ead11:active , .ud5104f7547715ed92195a694ff2ead11:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud5104f7547715ed92195a694ff2ead11 .centered-text-area { width: 100%; position: relative ; } .ud5104f7547715ed92195a694ff2ead11 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud5104f7547715ed92195a694ff2ead11 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud5104f7547715ed92195a694ff2ead11 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud5104f7547715ed92195a694ff2ead11:hover .ctaButton { background-color: #34495E!important; } .ud5104f7547715ed92195a694ff2ead11 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud5104f7547715ed92195a694ff2ead11 .ud5104f7547715ed92195a694ff2ead11-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud5104f7547715ed92195a694ff2ead11:after { content: ""; display: block; clear: both; } READ: Energy EssayFurthermore, Johnson A ; Johnson has implement its doctrine which is known as Credo as a counsel in its concern. A Credo ( appendix 2 ) is a set of values that have provided a strategic and moral range for Johnson A ; Johnson coevals of leaders and employees. Johnson A ; Johnson has besides supplying assortment of plans for its employees such as Employee Assistant Program which designed to give employees entree guidance, appraisal, intercession and preparation. 3.4 IT and Information System in Johnson A ; Johnson IT and information system helps in easing the operation of Johnson A ; Johnson. The development of IT has brought the organisation to run more efficient and effectual. Johnson A ; Johnson was known for holding registered many high profiles domain. Johnson A ; Johnson has established Corporate Office of Science and Technology ( COSAT ) which enable people or pioneers to portion their thoughts with the company, seeks out scientific discovery and research the engineerings. The thoughts so will be identified and the incorporation of those engineerings will be facilitated into Johnson A ; Johnson Family of Companies. 4. Decision After through the facts in this study, it can be seen that a good construction in organisation is the cardinal to the well-operates of Johnson A ; Johnson. The human resource direction and selling section besides contribute to the success of the organisation. It is look into how these sections manage their resources and their attacks to achieve the organisational ends and aims. Besides that, the use on the recent engineering by the organisation is the added value to heighten the operation and put the organisation in the competitory place.