Pronghorn, the partner in charge of a small accounting firm, has launched a kaizen costing...
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Accounting
Pronghorn, the partner in charge of a small accounting firm, has launched a kaizen costing program to reduce office support costs. She expects the program to reduce costs by at least 10%. Information for the first six months of the program and estimated cost savings for the next six months follows. Actual Cost Last Months Estimated Cost Next 6 Months $7.100 $6.000 Postage fees-deliver more reports and tax returns using tax, the company can make unlimited calls for a flat fee per month Photocopy costs-outsource copy function to save labour cost Labour costs-more efficient scheduling of support staff $2,400 $ 1.900 $ 13,300 $ 12.800 Calculate the percent change in costs. (Round answer to 3 decimal places... 15.257%) Change in cost Determine whether the Kaizen cost goal is likely to be me The Karen cost goal tely to be me Actual Cost Last 6 Months Estimated Cost Next 6 Months $ 7,100 $6,600 Postage fees-deliver more reports and tax returns using fax: the company can make unlimited calls for a flat fee per month $2,400 $ 1,900 Photocopy costs-outsource copy function to save labour cost $ 13,300 $ 12.800 Labour costs-more efficient scheduling of support staff Calculate the percent change in costs. (Round answer to 3 decimal places, e.g. 15.257%.). % Change in cost Determine whether the kaizen cost goal is likely to be met. likely to be met. The kaizen cost goa is not Is e Textbook and Media Attempts: 0 of
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