Various financial data for the past two years follow.Output: SalesInput:LaborRaw materialsLast yearThis yearEnergyCapitalOtherLast yearThis yearLAST YEAR$200,15031,10535,0054,90045,5001,900THIS YEAR$201, 150a. Calculate the total productivity measure for this company for both years.Note: Round your answers to 2 decimal places.Total ProductivityLabor41,10544,8004,90048,7503,100b. Calculate the partial productivity measures for labor, capital, and raw materials for this company for both years.Note: Round your answers to 2 decimal places.Capital Raw Materials

OutputSales $ 2,00,150 $ 2,01,150InputLabour $ 31,105 $ 41,105InputRaw…

out: ut: Sales Labor Raw materials Energy Capital Other $200,150 31, 105 35,005 4,900 45,500 1,900 $201, 150 41,105 44,800 4,900 48,750 3,100 Iculate the total productivity measure for this company for both y ote: Round your answers to 2 decimal places. Total Productivity

out: ut: Sales Labor Raw materials Energy Capital Other $200,150 31, 105 35,005 4,900 45,500 1,900 $201, 150 41,105 44,800 4,900 48,750 3,100 Iculate the total productivity measure for this company for both y ote: Round your answers to 2 decimal places. Total Productivity

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Ethics and the Manager, Understanding the Impact of Percentage Completion on Profit—Weighted-Average Method Gary Stevens and Mary James are production managers in the Consumer Electronics Division of General Electronics Company, which has several dozen plants scattered in locations throughout the world. Mary manages the plant located in Des Moines, Iowa, while Gary manages the plant in El Segundo, California. Production managers are paid a salary and gel an additional bonus equal to 5% of their base salary if the entire division meets or exceeds its target profits for the year. The bonus is determined in March after the company’s annual report has been prepared and issued to stockholders. Shortly after the beginning of the new year, Mary received a phone call from Gary that went like this: The final processing department in Mary’s production facility began the year with no work in process inventory. During the year, 210,000 units were transferred in from the prior processing department…
A 1 Original Data: 2 3 4 5 6 7 8 9 10 11 12 Part 1 13 14 15 16 Estimated MOH Estimated DLHS 28 29 B Selling price per unit Direct materials per unit Direct labour per unit Direct labour-hours per unit Estimated annual productio POR: 17 18 Sales 19 Less product costs 20 21 22 23 Total product costs 24 Product margin Direct materials Direct labour Manufacturing overhead 25 Units produced and sold: 26 Product margin per unit 27 $1,350,000 112,500 High Grade $212.50 $83.50 $30.00 1.00 75,000 High Grade D Professional $387.00 $212.00 $45.00 1.50 25,000 per DLHs Professional Total
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Problem 1-42 (Algo) Cost Data for Managerial Purposes (LO 1-3) Durham Parts (DP) makes a variety of products. It is organized in two divisions, Eastern and Western. The managers for each division are paid, in part, based on the financial performance of their divisions. The Western Division normally sells to outside customers but, on occasion, also sells to the Eastern Division. When it does, corporate policy states that the price must be cost plus 25 percent to ensure a "fair" return to the selling division. Western received an order from Eastern for 1,200 units. Western's planned output for the year had been 4,800 units before Eastern's order. Western's capacity is 6,000 units per year. The costs for producing those 4,800 units follow. Materials Direct labor Other costs varying with output Fixed costs (do not vary with output) Totals Total $ 374,400 182,400 144,000 288,000 $ 988,800 Per Unit $ 78 38 30 68 $ 206 Required: a. If you are the manager of the Western Division, what unit…
MANAGERIAL ACCOUNTING
Question 5 Using the following table a) construct the cost schedule for a firm operating in the short run Marginal Average Average Average Fixed Quantity- Total Total Total Production Fixed Variable Cost Cost Variable Total cost cost Cost Cost Cost $180 $180 --- --- ---- ---- 1 $200 2 $215 3 $225 4 $230 5 $240 $260 7 $295 8 $345 9 $405 b) Graph the average variable cost, average total cost and marginal cost curves.
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