Actual Target Performance Performance Objectives Measures Financial Perspective Increase shareholder value Operating-income changes from price recovery Operating-income changes from growth Cost savings due to reduced packaging size $1,000,000 $1,500,000 S200,000 $250,000 $40,000 $50,000 Customer Perspective Increase market share Market share of overall candy bar market 7.8% 8% Increase the number of new Number of new product offerings product offerings Increase customer acquisitions due to sustainability efforts Percentage of new customers surveyed who required recycled paper options 40% 35% Internal-Business-Process Perspective Reduce time to customer Average design time Internal quality rating (10-point scale) 3 days 3 days Increase quality 7 points 8 points Increase use of recycled materials Recycled materials used as a percentage of total materials used 30% 32% Learning-and-Growth Perspective Increase number of professional Number of chocolatiers 6 chocolatiers Increase number of women and Percentage of women and minorities in the workforce minorities in the workforce 40% 38% 1. Was Gardini successful in implementing its strategy in 2017? Explain your answer. 2. Would you have included some measure of customer satisfaction in the customer perspective? Are these objectives critical to Gardini for implementing its strategy? Why or why not? Explain briefly. 3. Explain why Gardini did not achieve its target market share in the candy bar market but still exceeded its financial targets. Is "market share of overall candy bar market" a good measure of market share for Gardini? Explain briefly. 4. Do you agree with Gardini's decision not to include measures of changes in operating income from productivity improvements under the financial perspective of the balanced scorecard? Explain briefly. 5. Why did Gardini include balanced scorecard standards relating to environmental and social perfor- mance? Is the company meeting its performance objectives in these areas? Required

Cole Company sells both designer and moderately priced fashion accessories. Top management is deciding which product line to emphasize. Accountants have provided the following data: (Click the icon to view the data.) Prepare an analysis to show which product the company should emphasize. (Enter the units displayed per square foot and the contribution marain per square foot to two decimal places.) Units displayed per square foot: Designer Moderately priced Contribution margin per unit Contribution margin per square foot of display space Capacity-Square feet of display space Total contribution margin at capacity Show Transcribed Text Data table CO Average sale price Average variable costs Average contribution margin Average fixed costs (allocated) Average operating income. Designer $ $ Ĉ Product Moderately Priced Per Item Designer Moderately Priced 210 $ 100 110 15 95 $ 85 21 64 5 59 The Cole Company store in Grand Junction, Colorado, has 15,000 square feet of floor space. If Cole…

D1. Account

Individual ActivityMarbles Inc. is a start- up Company manufacturing marbles andelastic bands. The Company imports its raw materials from France,but based on its business model expects that within the next 6 monthsit will be able to manufacture its own products. These will be soldlocally in Grenada, with further plans for export to the wider Caribbeanand Latin America. As such, a lot of Marketing and promotion will berequired to get the product off the ground to meet this business target.Also, due to this projected expansion, machinery will have to bepurchased to create the products.The Financial Controller decides that the first step in creating heraccounting system is to create a Chart of Accounts.Before creating the Chart, she is contemplating the accounts whichshe will need for her Chart of Accounts. She knows that Cash, Sales,Purchases and Staff Costs are some of the accounts that will beneeded. You are assisting her to build this tool and she requires yourhelp. Advise her on the…

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