Economics and Strategic Research - Report: Whiz Calculator Company
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Kazakhstan Institute of Management Economics and Strategic Research under the President of the Republic of Kazakhstan REPORT Whiz Calculator Company Instructor: Dr. Simon Tai Prepared by: Jaukenova Kunikey ID # 20020165 Mussagaliyeva Nazgul ID # 20031495 Almaty, 2004 Report "Whiz Calculator Company" Introduction Whiz Calculator manufactured a complete line of electronic calculators, which is sold through branch offices to wholesalers and retailers, as well as directly to government and industrial users. Most of the products carried the Whiz brand name, which was nationally advertised. The company was one of the largest in the industry. Bernard Riesman was elected president of the Whiz Calculator Company. He had been the vice president of manufacturing for the preceding two years. The new president thought that the existing method of planning and controlling selling costs was unsatisfactory, and he requested the controller to devise a system that would provide better control over these costs. The selling expenses were budgeted on a...


