You have just begun work as a management accountant for a
medium-sized manufacturing company. When you begin work, you find that there
are literally no performance metrics or reports of any kind. The general
manager expects you to set up whatever performance measures and monitoring
reports as you feel are necessary.
Explain what you plan to do.
For a manufacturing firm, list at least 5 different reports
that should be set up to monitor performance. Include samples of what at least
2 of them would look like.
Who in the organization chart would have the responsibility
for achieving the desired performance that each of these 2 sample reports would
monitor?
Create an example of how an unfavorable performance would
appear for each of these 2 sample reports, and include the advice you would
give to the responsible manager if he or she asked you for help to fix the
problem.
