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Books & Videos

Books & Videos

The Strategos Guide To Value Stream and Process Mapping goes far beyond symbols and arrows. In over 163 pages it tells the reader not only how to do it but what to do with it. More info...

Strategos Guide to Value Stream & Process Mapping

Also...

Guide to Cycle Counting

Facilities & Workplace Design

Warehouse Planning Guide

Human Side of Lean Video


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Simplicity Electronics Financials

A Product Costing Example 

Simplicity Electronics, Inc.
INCOME STATEMENT (000,000) BALANCE SHEET (000,000)
ANNUAL SALES 24.0 CURRENT ASSETS
CASH 0.4
COST OF SALES MARKETABLE SECURITIES 0.3
DIRECT LABOR 4.2 ACCOUNTS RECEIVABLE 2.9
DIRECT MATLS 6.4 INVENTORIES 4.3
FACTORY OH(169%DL) 7.1 PREPAID EXPENSES 0.0
TOTAL 17.7
TOTAL CURRENT ASSETS 7.9
GROSS PROFIT 6.3
PLANT & EQUIPMENT
G&A EXPENSE 1.4 LAND 1.1
SELLING EXPENSE 1.1 BUILDINGS/IMPROVEMENTS 5.6
SUBTOTAL 2.5 EQUIPMENT 4.2
SUBTOTAL 10.9
INCOME FROM OPERATIONS 3.8 LESS:DEPRECIATION 2.7
NET FIXED ASSETS 8.2
OTHER INCOME 0.5
INTEREST EXPENSE 0.6 TOTAL ASSETS 16.1
PRETAX PROFIT 3.7 CURRENT LIABILITIES
TAXES (@50%) 1.9 NOTES PAYABLE 0.1
CURRENT PORTION LT DEBT 0.3
NET INCOME 1.9 ACCRUED PAYROLL 0.4
ACCOUNTS PAYABLE 0.2
INCOME TAX PAYABLE 0.3
TOTAL CURRENT LIABILITIES 1.2
LONG-TERM DEBT 2.7
TOTAL LIABILITIES 3.9
STOCKHOLDER'S EQUITY
COMMON STOCK 2.4
PAID-IN CAPITAL 2.8
RETAINED EARNINGS 3.0
TOTAL EQUITY CAPITAL 8.2
TOTAL LIABILITIES/CAPITAL 12.1


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