Describe 5 essential elements of JIT system.
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Ben and Sons Co Ltd, a machine intensive manufacturing company situated in the Northen province of Zambia intends to introduce a high technology product in response to the market dynamics. Major proportion of the product’s cost will depend on the decisions made early in its lifecycle. The product will face competition from four major brands already on the market. The Managing Director, Mr William Mwape, has just attended a seminar organized by CA Zambia which covered modern management accounting techniques such as lifecycle costing, JIT system, backflush and throughput accounting etc. He now wishes to implement the knowledge acquired in order to maximize return over the product’s lifecycle.
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(b) Describe 5 essential elements of JIT system.
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- Ben and Sons Co Ltd, a machine intensive manufacturing company situated in the Northen province of Zambia intends to introduce a high technology product in response to the market dynamics. Major proportion of the product’s cost will depend on the decisions made early in its lifecycle. The product will face competition from four major brands already on the market. The Managing Director, Mr William Mwape, has just attended a seminar organized by CA Zambia which covered modern management accounting techniques such as lifecycle costing, JIT system, backflush and throughput accounting etc. He now wishes to implement the knowledge acquired in order to maximize return over the product’s lifecycle. Required: (a) Explain four (4) ways Ben and Sons Co Ltd can maximize the return over its product’s life cycle.“Suppose that you have been given a summer job at J limited, a company that manufactures sophisticated radar sets for commercial aircraft. The company, which is privately owned, has approached a bank for a loan to help finance its tremendous growth. The bank requires financial statements before approving such a loan. You have been asked to help prepare the financial statements and were given the following list of costs: The cost of the memory chips used in a radar set. Factory heating costs. Factory equipment maintenance costs. Training costs for new administrative employees. The cost of the solder that is used in assembling the radar sets. The travel costs of the company’s salespersons. Wages and salaries of factory security personnel. The cost of air-conditioning executive offices. Wages and salaries in the department that handles billing customers. Depreciation on the equipment in the fitness room used by factory workers. Telephone expenses incurred by factory management.…Green manufactures agricultural equipment and is planning to develop and launch a new fuel efficient tractor. Required: Discuss how the strategic management accounting technique Activity Based Management (ABM) could offer Green opportunities for improving performance and ways to seek to achieve cost reduction.
- Plan for potential investors for 39 Storage https://www.39storage.com/ (This Company) Cover these points below Identify the problem to be solved. Introduce your solution to the problem. Discuss your beginning traction for getting sales. Identify the target market. Explain the costs of acquiring customers in your target market. Communicate the value proposition relative to competitors. Describe the basics of the revenue model. Provide financial projections, along with the assumptions. Sell the team. Identify your funding needs, and explain the use of the funds (the investment price must be stated) Describe possible exit strategies—how the investors may be able to cash out. End on a high note—remind investors why your product/service/team is so great.Taxes has no effect in the capital structure based on the MM Proposition. Correct WrongManufacturing businesses at some point will need to invest in capital equipment, in the form of machinery, vehicles, buildings and other equipment. Capital equipment investment is decision premised up complex financial and operational requirements, but it is a decision no business can avoid permanently. Mosetsana Pads has currently outsourced the manufacturing and distribution of their products, but they are considering bringing both aspects back in-house, since the business is growing and has garnered enough market share to warrant that level of expenditure and expansion.
- In a recent budget, there was a significant increment of duties on imported Computers. You are a Sales Manager of H Technologies limited, a local computer company. Due to increase in import duties, it is feared that Computer sales of the local company would be dropped. Write a memorandum to the Managing Director of the H Techologies Ltd informing him about the impact of duties on sales.Are there any other alternatives besides IRR, Capital Budgeting, Payback Period Method, and Accounting Rate of Return?24. When opening a subsidiary in a foreign country, the business may be concerned with expropriation of assets belonging to foreign companies by the local government. This is known as Group of answer choices Political risk inflation risk financial institution risk Interest rate risk 25 Which of the following loss exposures can be managed by good treasury managment techniques? Group of answer choices Sales decreases deterioration of investment principle Excessive product recalls PCAOB violations
- Read the case below and answer questions a, b, & c.Kofi Appau, managing director of Industrial Cleaning Services, had decided that a personal computer could help solve his cash flow problems. What he wanted was a machine which would store his receipts and outgoings so that at a touch of a button he could see the cash flow at any point in time. A year ago, he got into serious cash flow difficulties simply because he did not realise that, for various reasons, his short-term outflow greatly exceeded his receipts. He decided to visit a newly opened personal computer outlet in town on Saturday afternoon. His wife, Mary, was with him. They approached a salesperson seated behind a desk. Kofi: Good afternoon. I’m interested in buying a personal computer for my business. Can you help me? Salesperson: Yes, indeed, sir. This is the fastest growing network of personal computer centres in the country. I have to see a colleague for a moment but I shall be back in a few minutes. Would you like to…حالالكمال الأسئلة: السؤال 1 Direct costs that are the result of a firm's general operations and are not linked to any particular cost object ulgn O İhi O السؤال 2 Managerial accounting ic documenting all trancartionc of a company that have an imnact on the financial state of the انعر فوق "حفط وإرسال" ل لحفظ والإرسال. وانقر فوق "حمط كل الإجابات"لحفظ كل الإجابات. WhatsApp Image..jpeg D WhatsApp Image.jpeg WhatsApp Image..jpeg EWhen calculating a budget why a risk reserve, a simulation or estimation is performed. Provide justification with the help of examples?