This website uses cookies to ensure you have the best experience. Learn more

Balance Scorecard A Case Study: Spectra

1366 words - 6 pages

March 20, 2014

Balanced Scorecard a Case Study: SPECTRA

Submitted by: U1249910 and U1250461
:

Spectra Cash collections from customers during the six week period
Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Total
Cash received from previous week £40, 000 £ 40, 000
Week 1 sales
£80, 000 £40, 000 £40, 000 £80, 000
Week 2 sales
£70, 000 £35, 000 £35, 000 £70, 000
Week 3 sales
£70, 000 £35, 000 £35, 000 £70, 000
Week 4 sales
£70, 000 £35, 000 £35, 000 £70, 000
Week 5 sales
£90, 000 £45, 000 £45, 000
Week 6 sales
£90, 000
Total Collections £40, 000 £40, 000 £75, 000 £70, 000 £70, 000 £80, 000 £375, 000

Spectra cash payments for raw materials the six week period
Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Total
Beginning Balance
Raw materials
£9, 000 £9, 000
Week 1 Purchases
(£4,000)

£4, 000 £ 4,000
Total payments £9, 000 £4, 000 £13, 000

Spectra cash payments for direct labour, variable and fixed overheads the six week period

Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 total
Week 1 payments
Direct labour
Fixed overhead
Variable overhead
£24000
£20000
£12000 £56, 000
Week 2 payments
Direct labour
Fixed overhead
Variable overhead
£24000
£ 20000
£12, 000 £56, 000
Week 3 payments
Direct labour
Fixed overhead

£16000
£16000 £32, 000
Week 4 payments
Direct labour
Fixed overhead
£16000
£16000 £32, 000
Week 5 payments
Direct labour
Fixed overhead
£16000
£16000
£32, 000
Week 6 payments
Direct labour
Fixed overhead
£16000
£16000 £32, 000
Total payments £56, 000 £56, 000 £32, 000 £32, 000 £32, 000 £32, 000 £240, 000

WEEKLY SPECTRA CASH BUDGET
for the six week period
Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Total
Cash Inflows
Cash collected from customers £40, 000 £40, 000 £75, 000 £70 000 £70000 £80, 000 £375000
Bank overdrafts £39, 000 £6000
Cash balance c/f to week 2 £14, 000
Total receipts & Available Balance
£79 000 £60, 000 £75, 000 £70 000 £70000 £80, 000 £375000
Cash Outflows
Raw material purchases £9, 000 £4000 0 0 0 0 £13, 000
Direct labour expenses £24, 000 £24, 000 £16, 000 £16, 000 £16, 000 £16, 000 £96,000
Fixed overhead expenses £20, 000 £20,000 £16, 000 £16, 000 £16, 000 £16, 000 £88, 000
Variable overhead expenses £12, 000 £12, 000 0 0 0 0 £24, 000
Total Cash Outflows
£65, 000 60, 000 £32, 000 £32, 000 £32, 000 £32, 000 £253000
Cash balance (£14000) 0 £43000 £38000 £38000 £48000 £122000

The Balance scorecard is an analysis instrument developed to transform a company’s business strategy into identified, defined, quantifiable and specific objectives and to examine the performance of the company towards the achievement of the objectives. Biazzo & Garengo, (2012, 9) point out that the presence of a number of indicators coupled with the critical success factors, given the position of a company in the industry should be crucial and the...

Find Another Essay On Balance Scorecard a Case Study: Spectra

Depression: A Case Study

2122 words - 8 pages Case Study # 1 A hospital was encouraged strongly by a husband that his wife mental status warren assessment. Therefore, the woman was hospitalized voluntarily for depression. The husband provided information to the hospital on the women’s current state because the woman has failed to display coherent behavior and effectively communicate with personnel at the time of admission. At the onset of assessment by a staff-counseling

Perforation Clustering: A Case Study

1478 words - 6 pages units of measurement. The X-axis has the distance from wellbore and feet as the units of measurement. The Center fracture image a and Edge fracture image b are shown in the following figure. Impact of edge: The edge fractures are asymmetrical, they are not elliptic, and they are not limited to dilate. They have larger fracture width than center and sub center. Case Study to Quantify Variation in Fracture Width We produce 4 different cases here

Childhood Obesity: A Case Study

1259 words - 5 pages their children’s eating habits is a Kayla, a 4-year-old child who weighs 104 pounds. In this situation, her mother has been unable to control the frequency and quantity of her child’s eating habits (ABC News, 2008; Kofman, 2008; Yellin, & Simons, 2007). The following is a brief overview detailing the model that places the blame of childhood obesity on parents’, and a case study describing the condition of Kayla and how it should be dealt with

A Child Case Study Report

2391 words - 10 pages The child that I did my child case study report on is named Malachi. Malachi is two and half years old. His height is 29 inches, and his weight 26 pounds. This is around the average weight for a child his age. He has curly and short black hair that he gets from his mother. He has round brown eyes and a short nose that he gets his from his dad. He is a very physically active child. He is physically developing well for his age. He can be social

Case Study of a Business

2542 words - 10 pages Case Study of a Business Rexam PLC is a Consumer Packaging company. Consumer Packaging is the packaging that reaches the consumer, e.g. Bottles and cans etc. Rexam PLC is the parent company of Rexam Glass LTD among other companies, and it is based in Britain. Rexam PLC has multiple business activities. One of their activities is the production of beverage cans and bottles, and almost 80% of Rexam PLC's sales come

A Case Study of Kenterrius Emcii Harris

917 words - 4 pages The unit of work is broken down into four general stages: assessing what is (diagnosis), making the choice as to what to attend to, how to move on choice, and closure. This case study involves Kenterrius “Emciii” Harris, an AA artist/lyricist, and I, co-founder of AA. Above AveRich Productions (AA) aims to produce a sound that is a stewpot of rich and meaningful lyrics. We also encourage affiliated artists to be confident and act on creative

Reward Systems - A TopTek Case Study

1337 words - 5 pages The Harding (2004) case study brings to light a range of different problems faced by the TopTek organisation, most of which stem from unsuccessful or nonexistent reward systems. TopTek faces human resource management (HRM) issues common to many organisations in the areas of recruitment, retention and organisational culture. As these issues can all be linked to the organisation's reward system, an analysis and reform of this system may provide

Situational Approach: Assessment of a Case Study

829 words - 4 pages Northouse’s (2013) book presents a case study of a training series at a pharmaceutical company. The training specialist, Jim Anderson, realized his approach with attendees was not effective half through the series. The purpose of this paper is to analyze the training series using the Situational Approach. The attendees’ development level and Jim’s initial leadership style will be identified. Using the leadership perspective, weaknesses in Jim’s

A Case Study - Retail Electric Provider Bankruptcies

1809 words - 7 pages A Case Study - Retail Electric Provider BankruptciesTexas Commercial Energy (the "Company" or "TCE") filed for bankruptcyprotection on March 6, 2003 in the Southern District of Texas following a sudden anddramatic rise in the price of wholesale electricity. TCE is a Retail Electric Provider("REP") serving commercial and light industrial customers in the region of Texasadministered by the Electric Reliability Council of Texas ("ERCOT"). TCE

Motivation and Leadership: A case study analysis

3566 words - 14 pages Outline.I.Introduction.II.Summary of facts.III.Statement of the problem.IV.Analysis.V.Alternative solutions.VI.Best solution and its implementation.VII.Bibliography.VIII.Appendix.I.Introduction.The particular case assigned, deals with a business that manufactures pacemakers which are medical devices that are implanted in people's chest, especially to those who have heart problems like arrhythmia. The building has two Floors in which two

Pharmacology: A Case Study In Polypharmacy

2436 words - 10 pages discuss this case study in terms of the problematic nature of this patient's pharmacological management.Your answer should include a discussion of the problems of polypharmacy as it is related to this case study and the assessment/management and educational strategies which could have been implemented to improve the outcome of Mrs A.IntroductionIn analyzing the case study of Mrs A, a number of factors come into play. The patient has recently been

Similar Essays

New Balance Athletic Shoes A Case Study For Operation Management

1771 words - 7 pages Operations Management and Management Science Case Study Capacity Planning New Balance Athletic Shoes Summary James Davis is the president and general manager of New Balance Athletic Shoes. The Boston, Massachusetts based company began producing corrective shoes and arch supports in 1906. New Balance garnered a reputation for quality specialty footwear when in the 1950's it began producing running shoes for men. It is the beginning of 1978

Balance Of Payments And International Monetary Assistance, A Case Study: Turkey

3185 words - 13 pages The balance of payments is a summary of all Turkey's relationship with the rest of the world. The balance of payments can define why the value of the Turkish Lira was appreciated. A current account deficit occurs when the current account does not balance. The reason for Turkey to have current account deficit is great level of debts and credits on goods, services, incomes and returns. Current account deficit is also because of a greater part of

Relationship Magnitude Paper: Write On The Balance Of Human, Animal And Nature From A Case Study In "Watersheds 4: Ten Cases In Environmental Ethics". Case Study Skunked Was Picked

850 words - 3 pages In the case study Skunked the balance of human, animals and the nature itself are in constant struggle for balance. Over fishing the waters has become a major concern with the decreasing amount of fish caught annually which in turn decreases the money coming into the fisherman’s family. An ecological balance may never be met due to the current demand worldwide and it will only get worse if regulation is not implemented and agreed upon.Over

Prada: A Case Study

3344 words - 13 pages major luxury brands has LVHM and Kering “and is arguably seen as more exclusive than either Louis Vuitton or Gucci (Kering’s flagship brand).” (Prada Case Study, 2012). A key source of Prada’s strategic positioning to its competitors has been its ability to differentiate itself from these other brands. “in an era in which mass produced handbags and clothes are made stylish and affordable by high street retailers, Prada has had to emphasize what