Application: Using Performance Reports to Inform Organizational Decisions

• Very often, managers are called upon to make decisions “by the numbers.” In this Assignment, you will sort through a budget report from the fictitious Honey Bear Confections (HBC) organization in order to make decisions about productivity levels.
• HBC is a small organization dedicated to making bear-shaped sweets with honey as a sugar substitute. You have just been promoted to a position as manager of the production department at HBC when your supervisor shows you the following report. She tells you to “get it fixed.” You suspect she is alluding to a problem with productivity and efficiency.
• For this Assignment, review the Static Budget Report provided. Additionally, you may find valuable information in your course text, especially Exercise 6-3.
• HINT: for more information about this, see the Weekly Briefing and the Performance Report video.
• Honey Bear Confections (HBC)
• Manufacturing Overhead Static Budget Report
• For the Month Ended June 20XX

• The Assignment:
  • Part 1: Prepare a performance report using spreadsheet software, such as Excel. Hint: Read the Weekly Briefing and watch the Performance Report video on this topic.
  • Part 2: For the next section of this Assignment, please utilize a word processing software (such as Word) to complete the following:
    • Write a short memo to your supervisor explaining your findings and your recommendations.
    • In your memo, as part of your recommendations, take a position on the following: Do all the variance in this example need to be examined? Why or why not?
• Submit your Application (both your Excel and Word files) by Day 7.
• To submit your Assignment, do the following:
  • Save Part 1 of your Assignment as a “.xls” file with the filename “WK2AssgnP1+last name+first initial.xls”. Sally Ride’s filename would be “WK2AssgnP1RideS.xls”.
  • Save Part 2 of your Assignment as a ”.doc” file with the filename “WK2AssgnP2+last name+first initial.doc”. Sally Ride’s filename would be “WK2AssgnP2RideS.doc”.
  • To upload Part 1 of your Assignment, click on Assignments on the course navigation menu, and then click the Assignment Part 1 – Week 2 link.
  • To upload Part 2 of your Assignment, click on Assignments on the course navigation menu, and then click the Assignment Part 2 Turnitin – Week 2 link.
• General Guidance on Assignment Length:
• The memo portion of this application will typically be 2–3 paragraphs in length as a general expectation/estimate for each bullet point. Refer to the rubric for the Week 2 Application for grading elements and criteria for the performance report and the memo. Your Instructor will use the rubric to assess your work.

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●Application: Using Performance Reports to Inform Organizational Decisions●Very often, managers are called upon to make decisions “by the numbers.” In this Assignment,you will sort through a budget report from the fictitious Honey Bear Confections (HBC)organization in order to make decisions about productivity levels.●HBC is a small organization dedicated to making bear-shaped sweets with honey as a sugarsubstitute. You have just been promoted to a position as manager of the production departmentat HBC when your supervisor shows you the following report. She tells you to “get it fixed.” Yoususpect she is alluding to a problem with productivity and efficiency.●For this Assignment, review the Static Budget Report provided. Additionally, you may findvaluable information in your course text, especially Exercise 6-3.●HINT:for more information about this, see the Weekly Briefing and thePerformance Reportvideo.●Honey Bear Confections (HBC)●Manufacturing Overhead Static Budget Report●For the Month Ended June 20XX●The Assignment:

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○Part 1:Prepare a performance report using spreadsheet software, such as Excel.Hint:Read the Weekly Briefing and watch thePerformanceReportvideo on this topic.○Part 2:For the next section of this Assignment, please utilize a word processing software(such as Word) to complete the following:■Write a short memo to your supervisor explaining your findings and yourrecommendations.■In your memo, as part of your recommendations, take a position on the following:Do all the variance in this example need to be examined? Why or why not?●Submityour Application (both your Excel and Word files) byDay 7.●To submit your Assignment, do the following:○Save Part 1 of your Assignment as a “.xls” file with the filename “WK2AssgnP1+lastname+first initial.xls”. Sally Ride’s filename would be “WK2AssgnP1RideS.xls”.○Save Part 2 of your Assignment as a ”.doc” file with the filename “WK2AssgnP2+lastname+first initial.doc”. Sally Ride’s filename would be “WK2AssgnP2RideS.doc”.○To upload Part 1 of your Assignment, click onAssignmentson the course navigation menu,and then click theAssignment Part 1 – Week 2link.○To upload Part 2 of your Assignment, click onAssignmentson the course navigation menu,and then click theAssignment Part 2 Turnitin – Week 2link.●General Guidance on Assignment Length:●The memo portion of this application will typically be 2–3 paragraphs in length as a generalexpectation/estimate for each bullet point. Refer to the rubric for the Week 2 Application for gradingelements and criteria for the performance report and the memo. Your Instructor will use the rubric toassess your work.