Question

Should we evaluate a production manager’s performance on the basis of operating expenses? Why? Explain with...

Should we evaluate a production manager’s performance on the basis of operating expenses? Why? Explain with more detail. Why? and Why not? What other things should you evaluate their performance by?

Homework Answers

Answer #1

Production manager performance can be evaluated on basis of operation expenses. This is because it is the responsibility of production manager to see that production is on schedule and whether the production costs are on budget or not because preparing production scheduled and estimating budgets are one of the primary responsibility of production manager.

His performance can be evaluated on basis of whether goods produced are as scheduled or not and the their quality is as expected or not.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Should we evaluate a production manager’s performance on the basis of operating expenses? Why? Explain why...
Should we evaluate a production manager’s performance on the basis of operating expenses? Why? Explain why product costs are capitalized but period costs are expenses in the accounting period. You may want to define capitalizing costs versus period costs before addressing the question.
Explain why the expenses incurred to get an asset in place and operable should be included...
Explain why the expenses incurred to get an asset in place and operable should be included in the assets basis. Please explain in-depth.
For a project to be successful, what two things should an auditor evaluate first and why?
For a project to be successful, what two things should an auditor evaluate first and why?
Should we endorse the use and development of GMO’s for food production? Why or why not?
Should we endorse the use and development of GMO’s for food production? Why or why not?
Discuss the following question: Why should we expect that the performance of socially responsible funds differs...
Discuss the following question: Why should we expect that the performance of socially responsible funds differs from that of conventional funds?
1*Explain the importance of depreciation in estimating operating cash flow. Explain why we add it back...
1*Explain the importance of depreciation in estimating operating cash flow. Explain why we add it back to earnings before taxes.
We should avoid hyperventilation in increase ICP patients, explain why?
We should avoid hyperventilation in increase ICP patients, explain why?
CASE: – VARIANCE ANALYSIS PERFORMANCE EVALUATION Envision yourself being the controller of Company Z. Company Z’s...
CASE: – VARIANCE ANALYSIS PERFORMANCE EVALUATION Envision yourself being the controller of Company Z. Company Z’s Production consistently shows highly unfavorable efficiency variances for direct materials and direct labor. For the same periods, Z’s Purchasing Department shows highly favorable price variances for direct materials and direct labor . 1. On the basis of these variances, would you conclude, without further investigation, that the Purchasing Department is performing well and should be rewarded, and that the Production Department falls short of...
Do you think that it is ever justifiable to treat people differently on the basis of...
Do you think that it is ever justifiable to treat people differently on the basis of their race or sex or religion or other group characteristic? Explain. Should we further multiculturalism and diversity? Why or why not?
The following income statement was prepared to provide a basis for evaluating the performance of three...
The following income statement was prepared to provide a basis for evaluating the performance of three territories in the Midwest Division of a company. Total Chicago Kansas City St. Louis Division Territory Territory Territory Sales……………………… $452,000 $203,000 $122,000 $127,000 Cost Goods Sold ………… (203,400) (94,400) (52,500) (56,500) Gross Profit ……………… $248,600 $108,600 $ 69,500 $ 70,500 Operating Expenses……… (213,200) (110,500) (61,700) (41,000) Operating Income (Loss)… $ 35,400 $ (1,900) $    7,800 $ 29,500 Comment about the usefulness of the above...