Units of concrete panels produced and soldSellling priceDirect Materials (volume of concrete)Direct Materials cost / each volume of concreteManufacturing processing capcaity (volume ofconcrete)Conversion cost (all manufacturing cost exceptdirect materials)Conversion cost per unit of capacityR&D employeesR&D costsR&D cost per employeeMarket growth202020,0002,4002,500,00011.503,000,00018,000,0006.005500,000100,000202122,0002,2002,300,00012.002,900,00017,000,0005.864400,000100,00010% What was the change in R&D cost from the productivity component?(100,000) F(100,000) U(40,000) F(40,000) U(30,000) FWhat was the improvement from market growth?1,925,000 F2,165,000 F1,925,000 U292,500 F292,500 U

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Answered: What was the change in R&D cost from…

What was the change in R&D cost from the productivity component? (100,000) F (100,000) U (40,000) F (40,000) U (30,000) F What was the improvement from market growth?

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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Question

Units of concrete panels produced and sold
Sellling price
Direct Materials (volume of concrete)
Direct Materials cost / each volume of concrete
Manufacturing processing capcaity (volume of
concrete)
Conversion cost (all manufacturing cost except
direct materials)
Conversion cost per unit of capacity
R&D employees
R&D costs
R&D cost per employee
Market growth
2020
20,000
2,400
2,500,000
11.50
3,000,000
18,000,000
6.00
5
500,000
100,000
2021
22,000
2,200
2,300,000
12.00
2,900,000
17,000,000
5.86
4
400,000
100,000
10%

What was the change in R&D cost from the productivity component?
(100,000) F
(100,000) U
(40,000) F
(40,000) U
(30,000) F
What was the improvement from market growth?
1,925,000 F
2,165,000 F
1,925,000 U
292,500 F
292,500 U

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