70.2K

Verified Solution

Link Copied!

home / study / business / accounting / accounting questions and answers / mike cichanowski founded wenonah conie, and later purchased current designs a company that ... Question: Mike Cichanowski founded Wenonah Conie, and later purchased Current Designs a company that design... Mike Cichanowski founded Wenonah Conie, and later purchased Current Designs a company that designs and manufactures kayaks. The Kayak manufacturing facility is located just minutes from the conoe company's headquarters in Winona, Minnesota. Current Designs makes Kayaks using two different processes. The rotational molding process uses high temperature to melt poyethylene powder in a closed rotating metal mold to produce a complete kayak hull and deck in a single piece. These kayaks are less labor-intensive and less expensive for the company to produce and sell, Its other kayaks use the vacuum bagged composit lamination process. Layers of fiberglass or kevlar are carefully placed by hand in a mold and are bonded with resin. Then a high pressure vacuum is used to eliminate any excess resin that would otherwise add weight and reduce strength of the finished kayak. These kayaks require a great deal of skilled labor as each boat is individually finished. The exquisite finish of the vacuum bagged composite kayaks gave rise to Current Designs tag line "A work of art, made for life."

Current Designs has the following managers: Mike Cichanowski- CEO Diane Buswell- controller Deb Welch- purchasing manager Bill Johnson- Sales Manager Dave Thill- Kayak plant manager Rick Thrune- Production manager for Composite Kayaks

Name one special purpose management accounting report that could be designed for each manager. Include the name of the report, the information that it would contain, and how frequently it should be issued.

Answer & Explanation Solved by verified expert

See Answer