George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year. Units Produced Labor (hours) Resin (pounds) Capital Invested (5) Energy (BTU) Last Year 1,200 300 50 9,000 3,000 Now 1,200 275 45 10,000 2,850 Cost Per Input Unit $12 per hour $6 per pound 1% per month $0.60 per BTU The percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator % (enter your response as percentage rounded to two decimal places).

George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year. Units Produced Labor (hours) Resin (pounds) Capital Invested (5) Energy (BTU) Last Year 1,200 300 50 9,000 3,000 Now 1,200 275 45 10,000 2,850 Cost Per Input Unit $12 per hour $6 per pound 1% per month $0.60 per BTU The percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator % (enter your response as percentage rounded to two decimal places).

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 53P: Aldovar Company produces a variety of chemicals. One division makes reagents for laboratories. The...

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K George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency: George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Last Year 1,500 300 60 9,000 2,900 Now 1,500 250 Units Produced Labor (hours) Resin (pounds) Capital Invested ($) Energy (BTU) The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is Labor Productivity Change 20 % (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary) Resin Productivity Change = 25% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary) Capital Invested Productivity Change 18.07% (enter your response as a percentage…
George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Part 2 Last Year Now Cost Per Input Unit Units Produced 1,200 1,200 Labor (hours) 300 275 $ 12 per hour Resin (pounds) 48 43 $ 6 per pound Capital Invested ($) 9,000 10,000 1% per month Energy (BTU) 3,000 2,850 $ 0.60 per BTU Part 3 The percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator =…
George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Last Year Now Cost Per Input Unit Units Produced 1,200 1,200 Labor (hours) 300 275 $12 per hour Resin (pounds) Capital Invested ($) Energy (BTU) 48 10,000 2,900 43 11,000 2,750 $5 per pound 2% per month $0.60 per BTU The percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator = ☐ % (enter your response as a percentage rounded to two decimal places).
Subject: acounting i just need the internal rate of return.
The president of a small manufacturing firm is concerned about the continual increase in manufacturing costs over the past several years. The following figures provide a time series of the cost per unit for the firms leading product over the past eight years: a. Construct a time series plot. What type of pattern exists in the data? b. Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series. c. What is the average cost increase that the firm has been realizing per year? d. Compute an estimate of the cost/unit for next year.
Keleher Industries manufactures pet doors and sells them directly to the consumer via their web site. The marketing manager believes that if the company invests in new software, they will increase their sales by 10%. The new software will increase fixed costs by $400 per month. Prepare a forecasted contribution margin income statement for Keleher Industries reflecting the new software cost and associated increase in sales. The previous annual statement is as follows:
Aldovar Company produces a variety of chemicals. One division makes reagents for laboratories. The divisions projected income statement for the coming year is: Required: 1. Compute the contribution margin per unit, and calculate the break-even point in units. (Note: Round answer to the nearest unit.) Calculate the contribution margin ratio and use it to calculate the break-even sales revenue. (Note: Round contribution margin ratio to four decimal places, and round the break-even sales revenue to the nearest dollar.) 2. The divisional manager has decided to increase the advertising budget by 250,000. This will increase sales revenues by 1 million. By how much will operating income increase or decrease as a result of this action? 3. Suppose sales revenues exceed the estimated amount on the income statement by 1,500,000. Without preparing a new income statement, by how much are profits underestimated? 4. Compute the margin of safety based on the original income statement. 5. Compute the degree of operating leverage based on the original income statement. If sales revenues are 8% greater than expected, what is the percentage increase in operating income? (Note: Round operating leverage to two decimal places.)
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Customer Profitability Analysis Garner Industries manufactures precision tools. The firm usesan activity-based costing system. CEO Deb Garner is very proud of the accuracy of the system indetermining product costs. She noticed that since the installment of the ABC system 10 years earlier,the firm had become much more competitive in all aspects of the business and earned an increasingamount of profits every year.In the last two years, the firm sold 1 million units to 4,100 customers each year. The manufacturing cost is $600 per unit. In addition, Garner has determined that the order-filling cost is $100.50per unit. The $784.56 selling price per unit includes 12% markup to cover administrative costs andprofits.The order-filling cost per unit is determined based on the firm’s costs for order-filling activities.Order-filling capacity can be added in blocks of 60 orders. Each block costs $60,000. In addition, thefirm incurs $1,500 order-filling costs per order.Garner serves two types of…
What do the margin of safety and degree of operating leverage tell you about what will happen to profit as sales move from 3,000 and 4,000 units.
Log Cabins Unlimited constructs vacation houses in the North Carolina mountains. The company has developed the following value chart: a. How much of the total time is value-added time? ______ hours b. How much total time is spent performing non-value-added activities? ______ hours c. Calculate the manufacturing cycle efficiency of the process. Note: Round the percentage to one decimal point (i.e. show 14.445% as 14.4%). ______%
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