Accounting

Bachelor of Science in Accountancy

Lean Accounting and Productivity Measurement Key 1. Lean manufacturing is best defined as A. an operating approach that reports on the effectiveness of the management of the organization. B. an operating approach designed to eliminate waste and maximize customer value. C. an operating approach that is designed to analyze the activities of the organiza

BSA | 502 | Accounting | question bank | Lean Accounting and Productivi

50.docx.docx-The objectives of JIT are achieved

74. Rollo Company has developed cost formulas for the drivers of the following production activities: Driver Activity Fixed Variable Labor hours Materials $ -0- $20 Labor hours Labor -0- 10 Machine hours Maintenance 10,000 8 Machine hours Machining 50,000 2 Number of setups Inspections 30,000 200 Number of setups Setups -0- 300 Number of purchase orders

BSA | 1913 | Bachelor of Science in Accountancy | question bank | 74. Rollo Company has develope

50. Correll Company has two divisions, A and B. Information for each division is as follows: A B Net earnings for division $40,000 $260,000 Asset base for division $100,000 $1,200,000 Target rate of return 15% 18% Margin 10% 20% Weighted average cost of capital 12% 12% What is EVA for Division A? A. $40,000 B. $25,000 C. $15,000 D. $28,000 51. Correll Company h

BSA | 1913 | Bachelor of Science in Accountancy | question bank | 50. Correll Company has two di

27. Beta Division had the following information: Asset base in Beta Division $400,000 Net income in Beta Division $50,000 Weighted average cost of capital 12% Target ROI 15% Margin for Beta Division 20% If the asset base is decreased by $100,000, with no other changes, the return on investment of Beta Division will be A. 100.0%. B. 16.7%. C. 600.0%. D. 62.5%.

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