Here is the synopsis of our sample research paper on Performance at Waltham Motors Division. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
A 3 page paper discussing Harvard case 9-184-169, Waltham Motors Division. The manufacturing plant lost an important customer during the recession of 1991-92, and the accountant has hastily put together a performance report for the plant. Closer inspection reveals that the accountant has performed poorly himself. The paper provides a break-even analysis used to show that the plant exceeded break-even and should have made $13,150 rather than losing $7,200 during the month. Includes 1 table; bibliography lists 2 sources.
Page Count:
3 pages (~225 words per page)
File: CC6_KSacctHperf.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
coming to be so common in many areas of manufacturing, Waltham Motors Division lost a large client during the recession of 1991. Doubtless at least some of Walthams competitors
were learning the disadvantages of depending on the continued success of one large customer before that time, but Walthams lesson came in the early days of the 1991-92 recession.
Walthams accountant took pride in providing a monthly summary performance report in only one day; he should have considered taking pride in being more careful in his work.
Mark Twain said that there are three kinds of lies: lies, damned lies and statistics. Another statement that has joined the realm of clich?
is that figures dont lie, but liars figure. There is no indication here of any attempt at deceit, but Walthams accountant proves the fact that figures can indeed lie.
The Accountants Performance Report Walthams original budget for manufacturing costs was based on forecast sales of 18,000 units of its primary product.
All of the plants variable costs were based on this forecast volume as well, but the reason they are variable costs is that the plants need for the cost items
is directly related to the number of units it produces. In his report, the accountant takes great pride in pointing out that Waltham Motors was under budget in all
of its variable cost categories. Had Walthams accountant performed a break-even analysis, he would have found that the plant required the production of
only 13,326 units to cover all of its fixed costs of operating the manufacturing facility. Table 1 illustrates: Table 1. Break-even Analysis Total Per
...