Can ABC bring mixed results?

Article Abstract:

The activity-based costing (ABC) program at the Colorado Springs Div. of Hewlett-Packard was not as successful as anticipated. The ABC approach was implemented with the aim of evaluating its production and support processes for better product costing and inventory valuation. The ABC system was introduced in Nov. 1982 but was terminated in the summer of 1992. The failure of the ABC initiative can be traced back to the fact that it involved too many cost drivers, lacked proper administration, did not include a follow-through and focused excessively on consensus. These prevented the division from determining the real value of its product through inventory valuation. ABC success in the future will require clear goals, simple tracking methods, internal and external customer partnership, and consistent follow-through.

Computers, Electronic Computer Manufacturing, Other Computer Peripheral Equipment Manufacturing, Computer Input-Output Eqp NEC, Case studies, Computer industry, Accounting and auditing, Cover Story, HWP, Printers (Equipment), Cost accounting

---

Accounting for remote locations

Article Abstract:

Point of sale (POS) computers can be used to strengthen management control over remote locations where the frequent mode of payment is cash. This is particularly useful for a fast food restaurant chain. Pizza Hut Inc's experience with the use of POS systems at one its remote franchises is a case in point. Pizza Hut management decided to use the POS system to strengthen its control over sales, cost of sales, and payroll. It was also used to improve budgeting, labor forecasting, and analysis of sales mix. Overall, the use of the POS system resulted in improved customer service and higher sales.

Eating places, Patent owners and lessors, Usage, Fast food restaurants, Technology application, Pizza Hut Inc., Point of sale systems, Point-of-sale systems

---

HP Laserjet III

Article Abstract:

Hewlett-Packard Co's LaserJet III printer has enabled the accounting department of Cox Cable New Orleans to greatly improve the management of the department's printing needs. The laser printer provides several advantages including faster printing time, high-quality printing type and sufficient memory to handle complex documents. The laser printer also provides a choice of convenient built-in fonts. The LaserJet III is priced at $2,395.

Computers, peripherals & software, Evaluation, Product introduction, Equipment and supplies, Accounting, HP LaserJet III (Laser printer)

Similar abstracts:

• Abstracts: Financing your business. Accounting for inventory in a reorganization or liquidation
• Abstracts: A minimum variance result in continuous trading portfolio optimization. Mean-variance-instability portfolio analysis: a case of Taiwan's stock market
• Abstracts: Companies must wait until end of '92 to cash in on EC telecommunications. LM Ericsson expects to boost 1990 profit by more than 25%
• Abstracts: Forced Haiti repatriation to continue. U.S. begins forcible repatriations. U.S. begins repatriations
• Abstracts: Recognizing employees. One for all. Money talks

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.