JanMar Case Study Case Analysis United States Paint Industry The US paint industry is divided into three broad segments: architectural coatings‚ original equipment manufacturing (OEM) coatings‚ and special-purpose lacquers. The paint industry is a maturing industry. In 2004‚ sales were estimated to be slightly over $16billion and an average growth of 1-2% per year. Architectural Paint Coatings Industry The industry estimates that architectural coatings and sundries (brushes‚ paint removers
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Question 1 a. Based on information provided in the question‚ the bonus for the Jane-HW7 manager for the last quarter of 2013 should be $0. The quarterly bonus is determined by two factors: ROA and amount of profits exceeding profit target. During the last quarter of 2013‚ the actual profit is low‚ which is $5‚278. The average total asset of the location is $200‚000. ROA=5‚278÷200‚000=1=2.639% The number is far less than required ROA of 10%. Furthermore‚ the profits ($5‚278) is not exceeding
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Baldwin Bicycle Company Baldwin Bicycle Company is its own independent bicycle shop that has been in business for almost 40 years. Last year Baldwin had sold 98‚791 bikes which accounted for nearly $10 million in sales for 1982. Suzanne Lesiter is the marketing Vice President of Baldwin and has just been offered a proposition from Karl Knott‚ a buyer from Hi-Valu to possibly start producing bikes for them. Baldwin had never conducted any business with a chain department such as Hi-Valu since it was
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and consistent in the long run. This is due to the lack of knowledge in finance and costing which is it contributed to the business failure. There were disadvantages associated with a petrol station that is the fuel business had a very low profit margin. It was important that operators manage their cash collection very well. Realising the importance of management accounting concepts‚ Mr Aiman believed that the dealers and their relevant staff should have the knowledge in cost accounting. In order
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Quiz 2 Answers (10 POINTS) Question 1 (2 points) The Hansen Company has 3 product lines of tires - X‚ Y‚ and Z with contribution margins of $3‚ $5‚ and $7 respectively. Management expects a sales mix as follows: 90‚000 units of tire X‚ 60‚000 units of tire Y‚ and 50‚000 tires of Z in September 2009. Hansen’s fixed costs are expected to be $552‚000 for the same month. 1. Determine the breakeven point in units for X‚ Y‚ and Z respectively 2. Determine the operating income at a total sales level
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1‚000 units‚ $7‚000 at 2‚000 units‚ and $9‚200 at 3‚000 units. This cost is a Question 3 options: mixed cost step cost variable cost fixed cost Ans : Mixed Cost Question 4 (1 point) Winny’s Office Furniture has a contribution margin ratio of 16%. If fixed costs are $178‚800‚ how many dollars of revenue must the company generate in order to reach the break-even point? Your Answer: $ 1‚117‚500/- Question 4 options: Answer Question 5 (1 point)
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Zauner Ornaments Costing & Pricing Introduction Zauner Ornaments was a large manufacturer of crystal and glass products based in Vienna Austria. The company had an international reputation of producing high quality glass and crystal at affordable prices due to the skill of its master artisan and using innovative technology in the manufacturing process. Its product was used in fine restaurants‚ hotels and residencies around the world. Due to slowing growth in the fine-crystal and glass-tableware
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ISSN 1940-204X Bridgestone Behavioral Health Center: Cost-Volume-Profit (CVP) Analysis for Planning and Control A. Ronald Kucic University of Denver IntroductIon Thomas: In reality‚ securing some outside assistance seems James E. Sorensen University of Denver Lisa M. Victoravich University of Denver In June of the current year Dr. Thomas Russell‚ Executive Director‚ and Susan Smyth‚ Accountant‚ at the Bridgestone Behavioral Health Center were discussing the necessity of gaining a better
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distributor for two products‚ Model A100 and Model B900. Monthly sales and the contribution margin ratios for the two products follow: Product Model A100 Model B900 Total Sales . . . . . . . . . . . . . . . . . . . .$700‚000 $300‚000 $1‚000‚000 Contribution margin ratio . . . . . . . 60% 70% ? The company’s fixed expenses total $598‚500 per month. Required: 1. Prepare a contribution format income statement for the company as a whole. 2. Compute the break-even
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Salem Telephone Data Corp Executive Summary The analysis of the 2004 first quarter reports‚ which include the Summary of Computer Utilization and Summary Results of Operation‚ if is clear that the Data Services division needs to be scrutinized to understand why they continue to operate at a loss. The key areas that need to be addressed are: * Current utilization of computer usage hours * The consistent negative results of the operations * Determine if some of the fixed costs can be
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