Polysar Ltd. Essay

* Direct Labour variance: Unfavourable by $22.000. Again, we need to find out whether this is Price and/or efficiency driven. We know that according to the accountant information, the actual price is $16,4/unit while the Standard price is $16/unit. On the other hand, the Standard Quantity is 14.000 units while the actual Quantity is 246.000/16,4=15.000 units. Therefore:

In 1900, the death rate per 100,000 population for influenza and pneumonia (I & P) was 202.2; it was 22.4 in 2003. How much did the death rate due to I & P decline

2 The basic necessities of life involve food, water, and shelter. Throughout history, we have evolved these basic necessities into finer things in life. Instead of living in just a cave, our shelter consists of structural buildings with luxuries such as couches, beds, televisions, and radios. We have taken basic water and turned it into flavorful beverages including soda and coffee. Finally, we have taken food, applied special cooking techniques and spices, to create four course meals. Sysco Corporation is a company that delivers restaurant supplies to different establishments across The United States and parts of Canada (Sysco Locations, 2012). Sysco began in 1969 as nine

3. Post the file from the same page where you accessed this Assignment, using the

* The variances are due to the Mile High Cycle company not forecasting for increased production. The company budgeted for the production of 10,000 cycles but the actual production was 10,800 units. When the company increased production, the production efficiency decreased. The company had to use or rework parts that added extra cost to the expenses; the reworked parts added $25,000 of extra expenses to the wheel assembly production and $45,000 to the final assembly process. The material,

Rubbertech needs to cross the chasm by providing an appealing value proposition to their customers. Therefore, they should not market the RTP as a product but as a solution to a problem. Medium and large plantations need to remove impurities from rubber; however, this process is tedious and painstaking, and not always accurate. Rubbertech can illustrate the RTP’s value proposition by positioning it as a faster and more precise way to remove impurities from rubber, which would, in turn, solve the customer’s problem.

In production costs variance chart above, Direct labor price variance(sum of direct labor variances of round, square and oval) valued at $14,913, and Oval production cost variance valued at $8,381.

1. (10 pts.) Discuss how organizational architecture and corporate culture are related. Use an example of a real-life firm and discuss how its corporate culture blends with its organizational architecture.

• Canada’s largest chemical company. • The Rubber Group accounts for 46% of Polysar’s sales. • Primary products for this group are butyl and halobutyl. • Principal customers for these products are tire manufacturers. • Rubber Group has two divisions

This report seeks to explain the key differences between the NASA (North American South American) and EROW (Europe and rest of world) sales performance over the past nine months. There are several reasons causing the sales performance figures currently stemming from NASA to be incomparable with the EROW numbers, including the current practice of transferring large quantities of regular butyl rubber from the Sarnia to the Antwerp production facilities. As Polysar operates globally, it

For NASA division, whether or not actual transferring to/from EROW will have no direct effect on its financial results, but the planned amount will do. Volume variance in NASA is computed as taking the difference between capacity 63,750 (annual capacity of 85,000 adjusted to 9 month) and actual production 47,500, and times standard fixed cost per unit $700 per tonne. Actual production is based on budget generated by EROW in previous year. The more EROW budgeted transferring from NASA, the less volume variance for NASA, thus the more favorable of the result.

Polysar Limited is Canada’s largest chemical company. Its Rubber Group accounts for 46% of Polysar’s sales. The primary products for this group are butyl and halobutyl and the principal customers for these products are tire manufacturers. The rubber Group has two divisions: NASA (North America & South America) and EROW (Europe & elsewhere). There is product transferring between NASA and EROW and the Vice President of NASA is required to present the performance results to the Board of Directors and explain why the bottom line is lower than expected.

The selling of hydrogen fuel would also offset the cost of future missions to the moon. Part of the profits that come in will go to funding future expeditions. Also, future expeditions will likely use the hydrogen fuel mined from the moon to continue colonizing the moon. After base operations are set up, researchers have predicted that sending a single crew to the moon would only cost $4.6 billion.

A variable department manager has many factors to consider when interpreting and analyzing a variance report. Variances can be attributed to factors such as increased or decreased volume, wage increases, cost increases for equipment and cost increases for supplies. Variance reports are a tool that can be utilized to analyze how well a company is doing with meeting current budgetary goals as well as a means for forecasting information for future budgets. In preparing a variance analysis report to be presented to the vice president, the information needs to be simple enough to understand easily, but detailed enough for the information to be useful to

The standard costs were generated monthly. A variance analysis is made by comparing the budgeted plan or standard amount with the actual amount incurred. Factory employee usually did not understand the variance system in relation to the specific problem. This is because the variance did not address the actual problem and pinpoint cost of favourable and unfavourable variance. This made the factory worker thought the variance report was irrelevant and ignored it.