: Planning strategies at Kangaroo P/L - Case Study Example

Extract of sample
: Planning strategies at Kangaroo P/L

The case study involves the labors cost management on the basis of forecasted demands. The demand for the entire period has been grouped into six bimonthly (2-month) periods. Moreover, the for better future budgetary and strategic controls, Kangaroo P/L has also clearly identified specific criterions like working hours, labor cost per hours for normal and overtimes hours, inventory holding cost etc. Currently, Kangaroo P/L has 22 employees and as per the forecasted demand, the company will recruit and make their labors to work for overtime. The prime aim of this paper is to offer the best strategy where per unit labor cost will be the lowest.
Direct labor cost is variable costs which fluctuate with the production. Unlike fixed overheads, controlling the variable costs is more challenging and it requires more financial strategic depth. For developing strategies the direct labors cost, the primary aim will be to minimize the number of the labors. In the process, the manufacturing companies can either install the machineries that will reduce the necessity of labors or can offer attractive overtime compensation. Installing a new machinery will required one time capital expenditure that might not be possible for the organizations with weak financial positions. ...Show more


Introduction 3
Question 1 4
Question 2 8
Question 3 11
Question 4 12
Conclusion 15
Reference 17
Bibliography 17
Planning strategies at Kangaroo P/L
This paper deals case study of Kangaroo P/L and aims to offers answers of the specific questions.
Author : willmschristian
Save Your Time for More Important Things
Let us write a custom case study on your topic
"Case Study: Planning strategies at Kangaroo P/L"
with a personal 20% discount.
Find out more

Related Essays

Case study: "Kakadu: mining versus intangible values", from textbook, Case study 14.2, p.407-408.
Kakadu’s tangible assets are many including different habitats and landforms. These are escarpments, sandstone plateaus, open forests, savannah woodlands, mudflats, mangroves, floodplains, and billabongs. Additionally, there are many mammals and reptiles such as water pythons, saltwater crocodiles, frill-necked lizards, goannas, and snakes.
3 pages (750 words) Essay
Case Study 1, Case Study 2
Sweetco has been a customer of the company for the last 10 years on credit terms. The accumulated credit balance of Sweetco is now $356,877. The credit period of 10 days is now expanding to 30 days. Since Sweetco Inc. had an excellent payment record, the financial payment records of Sweetco Inc.
5 pages (1250 words) Case Study
case study
All the expenses are subtracted from the revenue and the resultant is the profit or loss for the year. Most of the investors are only concerned with the profit figure as it facilitates them to decide whether to invest in the business or not. The ultimate results also help the management to plan the future desired results and take corrective actions for improvements where necessary.
4 pages (1000 words) Assignment
Case study
Question One Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 ?000 ?000 ?000 ?000 ?000 ?000 Plant and Equipment Sales revenue (600) 450 470 470 470 0 470 Less Costs   Materials – 126 132 132 132 132   Labour – 90 94 94 94 94   Overheads – 30 30 30 30 30   Depreciation – 120 120 120 120 120 Working capital (180) – – – – – Interest on working capital – 27 27 27 27 27 Write-off of development costs – 30 30 30 – Total costs (780) 423 433 433 403 403 Operating profit/(loss) Add: Depreciation Net cash flows (780) 27 120 147 37 120 157 37 120 157 67 120 187 67 120 187 Note: The assistant did not include the initial cost of the new equipment in the year zero which amounted t
8 pages (2000 words) Essay
Planning For Wealth, Retirement and the Great Beyond
According to the paper financial planning and investment management is a compulsory activity that is recommended to all individuals. This paper will clearly explain a 10 year plan of the case presented in line with managing the investment portfolio that includes transitioning from peak earning years to near retirement. The plan will be inclusive of the stages involved in planning and the minimum level needed for funding after the retirement.
8 pages (2000 words) Case Study
Case Study
This has made the firm seek expansion strategies. However, the chairman has been hesitant because he is scared of uncontrolled growth. The other employees including his sons feel that he should be open to expansion opportunities so as to be able to compete with other companies.
8 pages (2000 words) Case Study
Case Study
Wells Fargo has a proven history of success and overcoming obstacles. Change management and the ability to adapt to new environment will be of the utmost importance to Wells Fargo over the next few years. The financial reform act has made many drastic changes to the way that companies do business in the financial industry which will directly affect the multi-billion dollar financial institution.
7 pages (1750 words) Case Study
QA Models
These standards include meeting customers’ quality requirements, complying with regulations and complying with regulations. This means they have to engage their minds continuously in calculative thinking. One of the ways of
2 pages (500 words) Essay
Case Study for Kemps LLC
In this context, it increases the viability for the management in devising and making better decisions in reference to maximization and growth strategies (Colin 223). The Kemp’s company is at a junction
1 pages (250 words) Case Study
Research on Financial Statement Restatement and Ethics
They are critical when it comes to restatement risks within the organization. The paper focuses on financial statement restatement and ethics. The focus is on the recent restatement on San Diego,
3 pages (750 words) Research Paper
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email