Managerial Accounting
Managerial Accounting
17th Edition
ISBN: 9781260247787
Author: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Publisher: RENT MCG
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Chapter 12, Problem 9E

1.

a.

To determine

Concept Introduction:

Performance measures: Performance measures are determined by the companies to find a way to achieve strategic goals. Performance measures are derived from the company’s strategy and support the achievement of the same.

The categories of performance measures of companies A, B, C, and D under the learning and growth, internal business process, finance, and customer categories.

1.

b.

To determine

Concept Introduction:

If-then hypothesis statement: If-then hypothesis statement is used to create the cause-and-effect relationship between the performance measures and the strategic goals of the company. It determines what would be the effect of the particular action on the strategic goal of the company.

An if-then hypothesis linking learning and growth measure with the internal business process measure, internal business measures and the customer measure, customer measure to the financial measure for four companies.

2.

To determine

Performance measures: Performance measures are determined by the companies to find the way to achieve strategic goals. Performance measures are derived from the company’s strategy and support the achievement of the same.

Whether the four measures reflect operational excellence, customer intimacy, product leadership, and customer value proposition.

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Requirements 1. 2. Each of the items describes a key performance indicator. Determine which of the balanced scorecard perspectives is being addressed (financial, customer, internal business, or learning and growth). Read the company initiatives and determine which of the balanced scorecard perspectives is being addressed (financial, customer, internal business, or learning and growth). Requirement 1. Each of the following describes a key performance indicator. Determine which of the balanced scorecard perspectives is being addressed (financial, customer, internal business, or learning and growth). Performance Indicator a. Employee turnover Perspective b. Earnings per share c. Percentage of on-time deliveries d. Revenue growth rate Percentage of defects discovered during e. manufacturing
Problem #13: Balanced Scorecard a. List the four areas of a balanced scorecard. Describe each area clearly and concisely. b. Define a KPI c. Pick a real world company and give an example of a KPI for each balanced scorecard area for that company.
Jalancu Juviai u The following are a number of measures associated with the Balanced Scorecard. Required: 1. Classify each performance measure as belonging to one of the following perspectives: financial, customer, internal business process, or learning and growth. a. Number of new customers b. Percentage of customer complaints resolved with one contact C. Unit product cost d. Cost per distribution channel e. Suggestions per employee f. Warranty repair costs Consumer satisfaction (from surveys) Cycle time for solving a customer problem Strategic job coverage ratio j. On-time delivery percentage k. Percentage of revenues from new products 2. Select an additional measure that would be appropriate for each of the four perspectives. Contribution margin by product ▾ Number of complaints Number of accidents per month Hours of continuing education provided per month g. h. i. Financial Customer Customer Internal business process Financial Financial Learning and growth Learning and growth…
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