What is goal incongruence? Give one specific example of goal incongruence.

| November 9, 2018

Question
1

What
is goal incongruence? Give one specific example of goal incongruence.
QUESTION 2
1. How can a manager use information about how the firm spends money
on quality initiatives to assess whether those initiatives have been
successful?Be sure to justify
your opinion with specific information.

12 points
QUESTION 3
1. a) What is the goal of the EOQ
model?

b) Why does a firm hold “safety
stock?”

c) What costs are a firm trying
to balance when it decides on how much safety stock to hold?

d) In the absence of safety
stock, how does a firm determine its re-order point?

.0/msohtmlclip1/01/clip_image001.png” alt=”https://sharklearn.nova.edu/webapps/vtbe-tinymce/tiny_mce/plugins/bb_mashup/mashuplogo.png”>

Path:p
Words:0

16 points
QUESTION 4
1.
a. One of the most important
things to consider in developing a Balanced Scorecard is to include “leading
measures” or “forward-looking measures” on the Scorecard. What are “leading
measures,” and how are they different from non-leading measures?
b. What does it mean that
performance measures on a Balanced Scorecard are “integrated?
c.
How can an organization use its Balanced Scorecard to
“continuously improve?”

12 points

5 points (Extra Credit)
QUESTION 6
1. Consider the following
information:

Q1

Q2

Q3

Beginning inventory (units)

0

H

1,300

Budgeted units to be produced

70,000

70,000

70,000

Actual units produced

70,500

69,000

O

Units sold

A

68,000

P

Variable manufacturing costs
per unit produced

$150

$150

$150

Variable selling costs per
unit sold

$40

$40

$40

Budgeted fixed manufacturing
costs

$4,200,000

$4,200,000

$4,200,000

Fixed selling costs

$1,200,000

$1,200,000

$1,200,000

Selling price per unit

$400

$400

$400

Variable costing operating
income

$9,342,000

I

$9,384,000

Absorption costing operating
income

B

$8,940,000

Q

Variable costing beginning
inventory ($)

C

$45,000

R

Absorption costing beginning
inventory ($)

D

J

S

Variable costing ending
inventory ($)

E

K

$60,000

Absorption costing ending
inventory ($)

F

L

$84,000

PVV

G

M

T

Allocated fixed manufacturing
costs

$4,230,000

N

$4,170,000

There are no price, efficiency, or spending variances, and any
production-volume variance is directly written off to cost of goods in the
quarter in which it occurs.
Complete the missing figures from the above Table. When you write
your answer, please use the following format:
Letter: Answer
For example,
A: 20,000
40 points
QUESTION 7
1. a) What is a transfer price?

b) List and describe three
specific benefits of using transfer prices.

Get a 20 % discount on an order above $ 40
Use the following coupon code:
LOBSTER
Positive SSL