Essay about Waltham Motors

Waltham Motors Division Sharon Michaels, the division controller, is concerned regarding the performance at Waltham Motors Division for the month of May. The company lost a major customer contact during this time, and she needs the performance report analyzed. Sharon Michaels must report the information to the corporate headquarters of Marco Corporation. Waltham Motors is a subsidiary of Marco Corporation and was acquired in late 2003. This analysis is for the month of May 2004. Accounting…

SWOT analysis of General Motors This is a General Motors Company SWOT analysis for 2013. For more information on how to do SWOT analysis please refer to our article. Company background General Motors Company (GM) is a corporate that designs, builds and sells cars and trucks. Name Industries served Geographic areas served Headquarters Current CEO Revenue Profit Employees Main Competitors General Motors Company Automotive Worldwide U.S. Daniel Akerson $ 152.3 billion (2012) $ 4.9 billion (2012)…

Waltham Oil and Lube Center, Inc. Question 1 The journal entries are: 1) $40,000 Capital contribution Cash 40,000 Capital 40,000 2) $40,000 Deposit with National Deposit – National 40,000 Cash 40,000 3) $6,000 furniture purchase Furniture 6,000 Cash 6,000 4) $10,000 Capital contribution Cash 10,000 Capital 10,000 5) $1,200 Insurance payment (12 months) Prepaid Insurance…

Q1. Using budget data, how many motors would have to be sold for Waltham Motors Division to break even? Answer Q1: Breakeven Fixed costs $260,000.00 = ---------------------------------- = ---------------------- = 13,326 units number of units Unit contribution margin $19.51 UCM (Unit Contribution margin) = USP (Unit Selling Price) UVC (Unit Variable Costs) = = $48.00 - $28.49 = $19.51 USP = Sales / Units sold = $864,000.00/18,000 =…

Motor Learning Skills Motor learning involves many different concepts including the concept of the child performing the movement, the task or activities used to learn motor skills, the skills needed to achieve a movement ,the environment in which the learning is taking place and regulatory conditions that may affect the environment. I will focus on discussing the concept of the environment, as this is a very important aspect of motor skill acquisition. An individual’s environment influences their…

the economic destructions riddled throughout Canada’s history? This is the Canadian automotive industry and it is enormous and powerful yet so threatened by politics. Two of the largest players in the automotive industry are the Ford Motor Company and General Motors. By comparing the two paths both parallel companies have taken throughout over one hundred years of operations (Dykes, 2015), we can expose proper and improper business strategies within Canada. We can adventure through the strengths…

1. Using budget data, how many motors would have to be sold for Waltham Motors Division to break even? Budgeted CM / Budgeted units sold = $351,200 / 18,000 = $19.51 per unit Budgeted FC / 19.51 = 260,000 / 19.51 = 13,326 units 2. Using budget data, what was the total expected cost per unit if all manufacturing and shipping overhead (both variable and fixed) was allocated to planned production…

Managerial Accounting Case ‘Waltham Motors Division’ Answer 1: Breakeven point If Waltham Motors Division sells 13,326 units, it will breakeven. But why Waltham incurred net losses when it sold more than 13,326 units in May? The unfavorable cost variances (see answer 2 and 3) and Waltham’s high operating leverage were major reasons for its financial problems. Waltham’s operating leverage is 3.85 times, which indicates that the operating income is very sensitive to changes in sales. Answer…

Company background General Motors (GM) is a motor vehicle company that is involved in designing, manufacturing, marketing, and distributing vehicles and vehicle parts. The company began in Flint, Michigan with founder William “Billy” Durant in 1908. Durant’s philosophy and strategy was to “[build] a car for every purse and purpose” that would change the world of automobiles and transportation for consumers. General Motors entered the global market in 1982 beginning with Zaragoza, Spain and slowly…

Question 1: Using budget data, how many motors would have to be sold for Waltham Motors Division to breakeven? In order to calculate the breakeven point, we use the following equation and budget data: Breakeven Sales*Unit Price-Unit Variable Cost= Fixed Costs Breakeven=Fixed CostsUnitary Price-Unitary Variable Cost Breakeven point=260,000864000/18000-512800/18000=13,226 units Q2. Using budget data, what was the total expected cost per unit if all manufacturing and shipping overhead (both…