Matrix Converter based Direct Torque Control of Induction Motor
Ashford bus 630 week 4 dq 2 critiquing a cost report
1. ASHFORD BUS 630 Week 4 DQ 2
Critiquing a cost report
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Critiquing a Cost Report. Complete the following exercise: Frank Weston,
supervisor of the Freemont Corporation's Machining Department, was visibly
upset after being reprimanded for his department's poor performance over the
prior month. The department's cost control report is given below:
Freemont Corporation-Machining Department
Cost Control Report
For the Month Ended June 30
Planning Budget
Actual Results
Variances
Machine-hours
35,000
38,000
Direct labor wages
$80,500
$86,100
$5,600
U
Supplies
21,000
23,100
3. efficiently last month than it has ever worked before, instead, he tore me apart. I
thought for a minute that it might be over the supplies that were stolen out of our
warehouse last month. But they only amounted to a couple of hundred dollars,
and just look at this report. Everything is unfavorable." Direct labor wages and
supplies are variable costs; supervision and depreciation are fixed costs; and
maintenance and utilities are mixed costs. The fixed component of the budgeted
maintenance cost is $92,000; the fixed component of the budgeted utilities cost is
$11,700.
a. Evaluate the company's cost control report and explain why the variances were
all unfavorable.
b. Prepare a performance report that will help Mr. Weston's superiors assess how
well costs were controlled in the Machining Department.
Respond to at least two of your fellow students’ postings.