Transitioning from employee to manager has been exciting for Matthew! He enjoys having the responsibility and authority to make decisions, and it is rewarding to join the management team, sharing insights to make better decisions. One of his first responsibilities is to address the DM purchases budget. The company has a strong relationship with its current supplier, but the quality of the supplier's DM has declined. Knowing this, Matthew has already reached out to a different vendor to see what kind of a deal it might offer. The DM information for Matthew's division and for each vendor just described is as follows. ● ● ● ● ● (a) DM on hand as of July 1 slightly exceeds expectations at 1,580 linear board feet. Each unit requires 4 linear board feet; Matthew is most comfortable if the company has 20% of the following month's production needs on hand. The cost per linear foot is $5.50 with the current supplier; it's $6.00 with the new vendor. Planned production for July is 1,900 units; for August is 2,000 units; for September is 2,000 units; and for October is 1,600 units. The A/P balance related to June DM purchases is $34,125 on July 1. Prepare the DM purchases budget for the third quarter, assuming Matthew stays with the current supplier. Specify amounts for each month and for the quarter overall. (Round DM cost per linear foot to 2 decimal places, e.g. 15.25.) July August

Explain how knowledge of managerial accounting can assist a manager with regard to the following concerns: He is deciding whether to push through with a project. He is determining whether a branch is profitable or not. He is deciding whether to process a certain product further before selling. He would like to show to the Board of Directors how the business is financially performing and how cash is being used. He would like to plan for the year so that he will be prepared to deal with shortage of cash fund.

Lamothe Solutions is a management consulting firm. Its Business Division advises firms on the adoption and use of financial systems. Civic Division consults with state and local governments. Civic Division has a client that is interested in implementing a new costing system in its public works department. The division's head approached the head of Business Division about using one of its associates. Corporate Division charges clients $815 per hour for associate services, the same rate other consulting companies charge. The Civic Division head complained that it could hire its own associate at an estimated variable cost of $415 per hour, which is what Business pays its associates. Required: a. What is the maximum price that Civic Division should pay? b. What is the maximum transfer price that Business Division should obtain for its services, assuming that it is operating at capacity? c-1. Is there any change in maximum price as indicated in part (a), if Business Division had idle…

Overview   In the article for this assignment, Plaskett shows that ERP systems are helpful for companies to establish needed agility. ERP systems are also discussed in length in Chapter 6 of your textbook. Accurate, up-to-date information on business products can help reduce production times and make businesses more effective.   Read this article before you begin the assignment:   ERP System Enables Gearmaker to Achieve Needed Agility.   Instructions   Using the same framework used by Plaskett, answer the following in 3 pages of paper   Summarize the factors that made the ERP system successful in Gearmaker. Apply the same ERP analysis process to a company of your choice and describe the potential impact on its operations.   Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.   This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and…

In addition to the "Shop," what other initiatives does Barcelona have in place to enhance employee fit? Are there any additional recommendations you have for the firm to better the fit of new personnel with the role and the organization?

You just gave an in-depth presentation on the company's new marketing programs intended for the specialists in the marketing department. The market manager then asked you to give a shorter version of the presentation to the company's top executives. In general, how should you modify the scope of your presentation for this audience.