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AccountingManagerial Accounting: The Cornerstone of Business Decision-Making7th Edition

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Chapter 13, Problem 45E
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Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773

Solutions

Chapter
Section
Problem 1DQ
Problem 2DQ
Problem 3DQ
Problem 4DQ
Problem 5DQ
Problem 6DQ
Problem 7DQ
Problem 8DQ
Problem 9DQ
Problem 10DQ
Problem 11DQ
Problem 12DQ
Problem 13DQ
Problem 14DQ
Problem 15DQ
Problem 1MCQ
Problem 2MCQ
Problem 3MCQ
Problem 4MCQ
Problem 5MCQ
Problem 6MCQ
Problem 7MCQ
Problem 8MCQ
Problem 9MCQ
Problem 10MCQ
Problem 11MCQ
Problem 12MCQ
Problem 13MCQ
Problem 14MCQ
Problem 15MCQ
Problem 16MCQ
Problem 17MCQ
Problem 18MCQ
Problem 19MCQ
Problem 20BEA
Problem 21BEA
Problem 22BEA
Problem 23BEA
Problem 24BEA
Problem 25BEA
Problem 26BEA
Problem 27BEB
Problem 28BEB
Problem 29BEB
Problem 30BEB
Problem 31BEB
Problem 32BEB
Problem 33BEB
Problem 34E
Problem 35E
Problem 36E
Problem 37E
Problem 38E
Problem 39E
Problem 40E
Problem 41E
Problem 42E
Problem 43E
Problem 44E
Problem 45E
Problem 46E
Problem 47E
Problem 48E
Problem 49E
Problem 50E
Problem 51P
Problem 52P
Problem 53P
Problem 54P
Problem 55P
Problem 56P
Problem 57P
Problem 58P
Problem 59P
Problem 60P
Problem 61P
Problem 62C
Problem 63C
Problem 64C
Problem 65C
BuyFindarrow_forward

Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773
Textbook Problem
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A Box Scorecard was prepared for a value stream:

Chapter 13, Problem 45E, A Box Scorecard was prepared for a value stream: Required: 1. How many nonfinancial measures are

Required:

  1. 1. How many nonfinancial measures are used to evaluate performance? Why are nonfinancial measures used?
  2. 2. Classify the operational measures as time-based, quality-based, or efficiency-based. Discuss the significance of each category for lean manufacturing.
  3. 3. What is the role of the Planned Future State column?
  4. 4. Discuss the capacity category and explain the meaning of each measure and its significance.
  5. 5. Discuss the relationship between the financial measures and the measures in the operational and capacity categories.

1.

To determine

List the non-financial measures used in the performance evaluation. Also, explain the reasons due to which non-financial measures are used.

Explanation

Value Stream:

Value stream consists of the processes through which a product goes; that is from procurement to delivery. In value stream, all processes are covered whether or not they add value to the product.

Non-financial measures used in the performance evaluation are listed as follows:

  • Units sold per person
  • On-time delivery
  • Dock-to-dock days: It is the number of days for which a good stays with the manufacturer or the days between when the raw material is shipped to the manufacturer and the resulting finished goods shipped to the customer.
  • First-time through: It is the percentage that defines defect free units...

2.

To determine

Provide classification of operational measures. Also, explain the significance of each category for lean manufacturing.

3.

To determine

Explain the role of planned future state column.

4.

To determine

Explain the meaning of capacity category and its significance.

5.

To determine

Explain the relationship between the financial measures and the measures in the operational and capacity categories.

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Chapter 13 Solutions

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Ch-13 P-1DQCh-13 P-2DQCh-13 P-3DQCh-13 P-4DQCh-13 P-5DQCh-13 P-6DQCh-13 P-7DQCh-13 P-8DQCh-13 P-9DQCh-13 P-10DQ
Ch-13 P-11DQCh-13 P-12DQCh-13 P-13DQCh-13 P-14DQCh-13 P-15DQCh-13 P-1MCQCh-13 P-2MCQCh-13 P-3MCQCh-13 P-4MCQCh-13 P-5MCQCh-13 P-6MCQCh-13 P-7MCQCh-13 P-8MCQCh-13 P-9MCQCh-13 P-10MCQCh-13 P-11MCQCh-13 P-12MCQCh-13 P-13MCQCh-13 P-14MCQCh-13 P-15MCQCh-13 P-16MCQCh-13 P-17MCQCh-13 P-18MCQCh-13 P-19MCQCh-13 P-20BEACh-13 P-21BEACh-13 P-22BEACh-13 P-23BEACh-13 P-24BEACh-13 P-25BEACh-13 P-26BEACh-13 P-27BEBCh-13 P-28BEBCh-13 P-29BEBCh-13 P-30BEBCh-13 P-31BEBCh-13 P-32BEBCh-13 P-33BEBCh-13 P-34ECh-13 P-35ECh-13 P-36ECh-13 P-37ECh-13 P-38ECh-13 P-39ECh-13 P-40ECh-13 P-41ECh-13 P-42ECh-13 P-43ECh-13 P-44ECh-13 P-45ECh-13 P-46ECh-13 P-47ECh-13 P-48ECh-13 P-49ECh-13 P-50ECh-13 P-51PCh-13 P-52PCh-13 P-53PCh-13 P-54PCh-13 P-55PCh-13 P-56PCh-13 P-57PCh-13 P-58PCh-13 P-59PCh-13 P-60PCh-13 P-61PCh-13 P-62CCh-13 P-63CCh-13 P-64CCh-13 P-65C

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