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

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?

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.