9. What is the cost effect of the price recovery component? A. $1,500,000 U B.. $4,587,500 U C. $4,587,500 F D. $1,500,000 F 10. What is the net effect on operating income as a result of the price-recovery component? A. $5,912,500 F B. $10,500,000 F C. $5,912,500 U D. $10,500,000 U
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- Peter Company makes a high-end Appliance, Y45. Peter presents the following data for the years 2019 and 2020: Units of Y45 produced and sold Selling price Direct materials (square feet) Direct materials costs per square foot Manufacturing capacity in units of Y45 Total conversion costs 2019 100,000 $1,000 300,000 $100 2020 105,000 $1,100 307,500 $110 125,000 $12,500,000 $13,750,000 $100 125,000 Conversion costs per unit of capacity Selling and customer-service capacity (customers) Total selling and customer-service costs Selling and customer-service capacity cost per customer $15,000 $110 300 300 $4,500,000 $4,687,500 $15,625 Peter produces no defective units but it wants to reduce direct materials usage per unit of Y45. Manufacturing conversion costs in each year depend on production capacity defined in terms of Y45 units that can be produced. Selling and customer-service costs depend on the number of customers that the customer and service functions are designed to support. Peter had…Ratliff Appliances Company makes a household appliance with model number RM16. The goal for 2020 is to reduce direct materials usage per unit. No defective units are currently produced. Manufacturing conversion costs depend on production capacity defined in terms of RM16 units that can be produced. The industry market size for appliances increased 10% from 2019 to 2020. The following additional data are available for 2019 and 2020: 2019 2020 Units Produced & Sold 33,000 37,950 Selling Price $ 360 $ 345 Direct Materials (square feet) 82,500 87,000 Direct Material Costs per square foot $ 31 $ 33 Manufacturing capacity (units) 41,250 39,850 Total Conversion Costs $ 866,250 $ 797,000 Conversion Costs per unit of capacity $ 21 $ 20 Ignoring the market growth, but considering your answer to question (a), how much of Ratliff Co’s change in income from 2019 to 2020 is due to a cost leadership strategy?At the end of 2018, Diatomic Company implemented a new labor process and redesigned its product with the expectation that input usage efficiency would increase. Now, at the end of 2019, the president of the company wants an assessment of the changes on the company's productivity. The data needed for the assessment are as follows: 2018 2019 Output 45,000 54,000 Output prices $10.00 $10.00 Materials (Ibs.) 22,500 22,950 Materials unit price $3.00 $4.00 Labor (hrs.) 18,000 16,875 Labor rate per hour $5.00 $5.00 Power (kwh) 11,250 14,625 Price per kwh $2.00 $3.00 How much profit was generated in 2019? Oa. $540,000 Оь. 8270,000 c. $319,950 Od. $220,050 se . Which of the following is true of non-value-added activities? a. These activities are a source of waste in the value stream of a product. b. These activities are identified only after the finished goods reaches final customers. Oc. These activities ensure that no rework is required as the final product has zero-defects. Od. These…
- May I ask for an explanation and solution to the question for a better understanding. Thank you! 20. Numbers Company manufactures 3 consumer products, namely One, Two, and Three. Sales and other information related to the said products are as follows: 2019 = Product One: Units sold - 15,000, Unit Price - P10, Unit Cost - P8; Product Two: Units sold - 20,000, Unit Price - P8, Unit Cost - P7; Product Three: Units Sold - 5,000, Unit Price - P6, Unit Cost - 4.50. 2020 = Product One: Units Sold - 20,000, Total Price - P240,000, Total Cost - P180,000; Product Two: Units Sold - 20,000, Total Price - P180,000, Total Cost - P150,000; Product Three: Units Sold - 4,000, Total Price - P20,000, Total Cost - P16,000. The Cost Price factor shows a variance of: a. P28,000 F b. P28,000 U c. P100,000 F d. P100,000 UAt the end of 2018, Diatomic Company implemented a new labor process and redesigned its product with the expectation that input usage efficiency would increase. Now, at the end of 2019, the president of the company wants an assessment of the changes on the company's productivity. The data needed for the assessment are as follows: 2018 2019 Output 45,000 54,000 Output prices $10.00 $10.00 Materials (lbs.) 22,500 22,950 Materials unit price $3.00 $4.00 Labor (hrs.) 18,000 16,875 Labor rate per hour $5.00 $5.00 Power (kwh) 11,250 14,625 Price per kwh $2.00 $3.00 By how much did profit change as a result of profitability changes in labor? a.$23,625 increase b.$23,625 decrease c.$5,625 increase d.$45,000 increaseMay I ask for an explanation and solution to the question for a better understanding. Thank you! 21. Numbers Company manufactures 3 consumer products, namely One, Two, and Three. Sales and other information related to the said products are as follows: 2019 = Product One: Units sold - 15,000, Unit Price - P10, Unit Cost - P8; Product Two: Units sold - 20,000, Unit Price - P8, Unit Cost - P7; Product Three: Units Sold - 5,000, Unit Price - P6, Unit Cost - 4.50. 2020 = Product One: Units Sold - 20,000, Total Price - P240,000, Total Cost - P180,000; Product Two: Units Sold - 20,000, Total Price - P180,000, Total Cost - P150,000; Product Three: Units Sold - 4,000, Total Price - P20,000, Total Cost - P16,000. The Sales-mix factor shows a variance of: a. P2,500 F b. P4,000 U c. P5,750 F d. P5,750 U
- Trusted Products Company makes a household appliance with model number L800. The goal for 2020 is to reduce direct materials usage per unit. No defective units are currently produced Manufacturing conversion costs depend on production capacity defined in terms of L800 units that can be produced. The industry market size for appliances increased 3% from 2019 to 2020. The following additional data are available for 2019 and 2020 Units of L800 produced and sold Selling price Direct materials (square feet) Direct material costs per square foot Manufacturing capacity for L800 (units) Total conversion costs Conversion costs per unit of capacity 2020 39,140 $290 94,000 $34 $37 46,100 47,500 $1,140,000 $1,106,400 $24 $24 2019 38,000 $310 97,000 OA. No, because operating income decreased OB. No, because direct material cost per unit decreased OC. No, because direct materials usage per unit increased OD. Yes, because total revenues increaseds) Unused Capacity Ratliff Appliances Company makes a household appliance with model number RM16. The goal for 2020 is to reduce direct materials usage per unit. No defective units are currently produced. Manufacturing conversion costs depend on production capacity defined in terms of RM16 units that can be produced. The industry market size for appliances increased 10% from 2019 to 2020. The following additional data are available for 2019 and 2020: 2019 Units Produced & Sold 33,000 Selling Price $360 Direct Materials (square feet) 82,500 Direct Material Costs per square foot $ 31 Manufacturing capacity (units) 41,250 Total Conversion Costs $ 866,250 Conversion Costs per unit of capacity $21 Compute the cost of unused capacity for 2020. 2020 37,950 $ 345 87,000 $ 33 39,850 $797,000 $ 20May I ask for an explanation and solution to the question for a better understanding. Thank you! 19. Numbers Company manufactures 3 consumer products, namely One, Two, and Three. Sales and other information related to the said products are as follows: 2019 = Product One: Units sold - 15,000, Unit Price - P10, Unit Cost - P8; Product Two: Units sold - 20,000, Unit Price - P8, Unit Cost - P7; Product Three: Units Sold - 5,000, Unit Price - P6, Unit Cost - 4.50. 2020 = Product One: Units Sold - 20,000, Total Price - P240,000, Total Cost - P180,000; Product Two: Units Sold - 20,000, Total Price - P180,000, Total Cost - P150,000; Product Three: Units Sold - 4,000, Total Price - P20,000, Total Cost - P16,000. The Sales Price factor shows a variance of: a. P56,000 F b. P56,000 U c. P100,000 F d. P100,000 U
- Black Widow Company had the following costs for 2020: Raw materials P700,000 Direct labor P100,000 Miscellaneous FOH P80,000 Depreciation on machines P40,000 Rent for the factory building P50,000 Rent for dales office P30,000 Depreciation on store equipment P20,000 How much of those costs should be inventoried under absorption (A) and variable (V) costing methods? Select one: a. (A) P970,000; (V) P800,000 b. (A) P1,000,000; (V) P880,000 c. (A) P1,020,000; (V) P880,000 d. (A) P930,000; (V) P800,000Xu Ltd currently produces and sells two types of pillows that are currently gaining market share. The two types of pillows are Latex and Feather. Below are the costs and sales details of the two types of pillows for 2019:LatexFeatherAnnual sales (in pairs)12,0008,000Selling price£30£30Variable costs per pair:Materials£12£12Labour-machining (£8/hr)£2£2-assembly (£7/hr)£2.50£2.50-packing (£6/hr)£0.30£0.30Variable overheads£0.20£0.20Annual total fixed costs are currently £150,000.For 2020 financial year, Xu Ltd intends to keep Latex pillows as it is but plans to improve Feather by using high quality materials. As a result, the company has negotiated with another supplier and the new material cost for Feather pillows is expected to be £17 a pair, with the new selling price of £45 per pair.Also, Feather pillow's Labour cost for machining will increase to £4.Also in 2020, the company intends to launch a new pillow, the Memory foam, a top of the range pillow with a selling price of…Bellcamp's Juice's Inc. manufacturers and sellls apple and orange juice. Product line data for 2019-2021 are shown below. Apple Juice Gallons (in thousands) Price ($s/gallon) Variable Cost ($/gallon) Total Fixed Costs (thousands) Orange Juice Gallons (in thousands) Price ($s/gallon) Variable Cost ($/gallon) Total Fixed Costs (thousands) Part A 2021 950 $2.87 $1.15 $675 2021 1625 $3.70 $1.93 $924 2020 900 $2.80 $1.09 $600 2020 1700 $3.75 $1.93 $983 2019 850 $2.71 $1.03 $590 2019 1775 $3.80 $1.92 $995 (i) What were Bellcamp's sales, gross profit, and gross profit margins for its two product llines for 2019-2021?