The operating income in both the year 2012 and 2013. Given information: For the year 2012, The number of T-shirts sold is 205,000. The average selling price is $32 per T-shirt. The number of T-shirts purchased is 225,500. The average cost per T-shirt is $17. The administrative cost is $1,739,000. For the year 2013, The number of T-shirts sold is 233,000. The average selling price is $33 per T-shirt. The number of T-shirts purchased is 257,000. The average cost per T-shirt is $15. The administrative cost is $1,691,000.

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Answer 1

Question

Chapter 12, Problem 12.19E

1.

To determine

The operating income in both the year 2012 and 2013.

Given information:

For the year 2012,

The number of T-shirts sold is 205,000.

The average selling price is $32 per T-shirt.

The number of T-shirts purchased is 225,500.

The average cost per T-shirt is $17.

The administrative cost is $1,739,000.

For the year 2013,

The number of T-shirts sold is 233,000.

The average selling price is $33 per T-shirt.

The number of T-shirts purchased is 257,000.

The average cost per T-shirt is $15.

The administrative cost is $1,691,000.

2.

To determine

The growth, price recovery and productivity components that explain the change in operating income.

Given information:

The actual units of T-shirts sold in 2013 are 233,000.

The actual units of T-shirts sold in 2012 are 205,000.

The selling price in 2012 is $32.

The actual units of T-shirts used to produce output in 2012 are 225,500.

The cost of the T-shirt in 2012 is $17.

The administrative capacity is 4,700 customers.

The administrative costs are $1,739,000.

3.

To determine

To explain: The answers in requirement 2 and the indication of each component.

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In August, purchases of materials equaled $9,750, the beginning inventory of materials was $850, and the ending inventory of materials was $950. Payments for direct labor during the month totaled $18,570. The Overhead incurred was $15,000. Spent $5,000 on advertising during the month. Admin. costs (primarily accounting & legal services) amounted to $3,000 for the month. Revenues for August were $60,400. 1. What was the cost of materials used during August? 2. What was the prime cost for August? Accurate Answer

Answer 2

Question

Chapter 12, Problem 12.19E

1.

To determine

The operating income in both the year 2012 and 2013.

Given information:

For the year 2012,

The number of T-shirts sold is 205,000.

The average selling price is $32 per T-shirt.

The number of T-shirts purchased is 225,500.

The average cost per T-shirt is $17.

The administrative cost is $1,739,000.

For the year 2013,

The number of T-shirts sold is 233,000.

The average selling price is $33 per T-shirt.

The number of T-shirts purchased is 257,000.

The average cost per T-shirt is $15.

The administrative cost is $1,691,000.

2.

To determine

The growth, price recovery and productivity components that explain the change in operating income.

Given information:

The actual units of T-shirts sold in 2013 are 233,000.

The actual units of T-shirts sold in 2012 are 205,000.

The selling price in 2012 is $32.

The actual units of T-shirts used to produce output in 2012 are 225,500.

The cost of the T-shirt in 2012 is $17.

The administrative capacity is 4,700 customers.

The administrative costs are $1,739,000.

3.

To determine

To explain: The answers in requirement 2 and the indication of each component.

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Answer 3

Question

Chapter 12, Problem 12.19E

1.

To determine

The operating income in both the year 2012 and 2013.

Given information:

For the year 2012,

The number of T-shirts sold is 205,000.

The average selling price is $32 per T-shirt.

The number of T-shirts purchased is 225,500.

The average cost per T-shirt is $17.

The administrative cost is $1,739,000.

For the year 2013,

The number of T-shirts sold is 233,000.

The average selling price is $33 per T-shirt.

The number of T-shirts purchased is 257,000.

The average cost per T-shirt is $15.

The administrative cost is $1,691,000.

2.

To determine

The growth, price recovery and productivity components that explain the change in operating income.

Given information:

The actual units of T-shirts sold in 2013 are 233,000.

The actual units of T-shirts sold in 2012 are 205,000.

The selling price in 2012 is $32.

The actual units of T-shirts used to produce output in 2012 are 225,500.

The cost of the T-shirt in 2012 is $17.

The administrative capacity is 4,700 customers.

The administrative costs are $1,739,000.

3.

To determine

To explain: The answers in requirement 2 and the indication of each component.

Expert Solution & Answer

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Answer 4

Question

Chapter 12, Problem 12.19E

1.

To determine

The operating income in both the year 2012 and 2013.

Given information:

For the year 2012,

The number of T-shirts sold is 205,000.

The average selling price is $32 per T-shirt.

The number of T-shirts purchased is 225,500.

The average cost per T-shirt is $17.

The administrative cost is $1,739,000.

For the year 2013,

The number of T-shirts sold is 233,000.

The average selling price is $33 per T-shirt.

The number of T-shirts purchased is 257,000.

The average cost per T-shirt is $15.

The administrative cost is $1,691,000.

2.

To determine

The growth, price recovery and productivity components that explain the change in operating income.

Given information:

The actual units of T-shirts sold in 2013 are 233,000.

The actual units of T-shirts sold in 2012 are 205,000.

The selling price in 2012 is $32.

The actual units of T-shirts used to produce output in 2012 are 225,500.

The cost of the T-shirt in 2012 is $17.

The administrative capacity is 4,700 customers.

The administrative costs are $1,739,000.

3.

To determine

To explain: The answers in requirement 2 and the indication of each component.

Expert Solution & Answer

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Answer 5

Chapter 12, Problem 12.19E

1.

To determine

The operating income in both the year 2012 and 2013.

Given information:

For the year 2012,

The number of T-shirts sold is 205,000.

The average selling price is $32 per T-shirt.

The number of T-shirts purchased is 225,500.

The average cost per T-shirt is $17.

The administrative cost is $1,739,000.

For the year 2013,

The number of T-shirts sold is 233,000.

The average selling price is $33 per T-shirt.

The number of T-shirts purchased is 257,000.

The average cost per T-shirt is $15.

The administrative cost is $1,691,000.

2.

To determine

The growth, price recovery and productivity components that explain the change in operating income.

Given information:

The actual units of T-shirts sold in 2013 are 233,000.

The actual units of T-shirts sold in 2012 are 205,000.

The selling price in 2012 is $32.

The actual units of T-shirts used to produce output in 2012 are 225,500.

The cost of the T-shirt in 2012 is $17.

The administrative capacity is 4,700 customers.

The administrative costs are $1,739,000.

3.

To determine

To explain: The answers in requirement 2 and the indication of each component.

Answer 6

Chapter 12, Problem 12.19E

1.

To determine

The operating income in both the year 2012 and 2013.

Given information:

For the year 2012,

The number of T-shirts sold is 205,000.

The average selling price is $32 per T-shirt.

The number of T-shirts purchased is 225,500.

The average cost per T-shirt is $17.

The administrative cost is $1,739,000.

For the year 2013,

The number of T-shirts sold is 233,000.

The average selling price is $33 per T-shirt.

The number of T-shirts purchased is 257,000.

The average cost per T-shirt is $15.

The administrative cost is $1,691,000.

Answer 7

Chapter 12, Problem 12.19E

1.

To determine

The operating income in both the year 2012 and 2013.

Given information:

For the year 2012,

The number of T-shirts sold is 205,000.

The average selling price is $32 per T-shirt.

The number of T-shirts purchased is 225,500.

The average cost per T-shirt is $17.

The administrative cost is $1,739,000.

For the year 2013,

The number of T-shirts sold is 233,000.

The average selling price is $33 per T-shirt.

The number of T-shirts purchased is 257,000.

The average cost per T-shirt is $15.

The administrative cost is $1,691,000.

Answer 8

2.

To determine

The growth, price recovery and productivity components that explain the change in operating income.

Given information:

The actual units of T-shirts sold in 2013 are 233,000.

The actual units of T-shirts sold in 2012 are 205,000.

The selling price in 2012 is $32.

The actual units of T-shirts used to produce output in 2012 are 225,500.

The cost of the T-shirt in 2012 is $17.

The administrative capacity is 4,700 customers.

The administrative costs are $1,739,000.

Answer 9

2.

To determine

The growth, price recovery and productivity components that explain the change in operating income.

Given information:

The actual units of T-shirts sold in 2013 are 233,000.

The actual units of T-shirts sold in 2012 are 205,000.

The selling price in 2012 is $32.

The actual units of T-shirts used to produce output in 2012 are 225,500.

The cost of the T-shirt in 2012 is $17.

The administrative capacity is 4,700 customers.

The administrative costs are $1,739,000.

Answer 10

3.

To determine

To explain: The answers in requirement 2 and the indication of each component.

Answer 11

3.

To determine

To explain: The answers in requirement 2 and the indication of each component.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 12 - Define strategy.Ch. 12 - Describe the five key forces to consider when...Ch. 12 - Prob. 12.3Q Ch. 12 - What is a customer preference map, and why is it...Ch. 12 - Prob. 12.5Q Ch. 12 - What are four key perspectives in the balanced...Ch. 12 - What are the five types of conditions to consider...Ch. 12 - Describe three features of a good balanced...Ch. 12 - What are three important pitfalls to avoid when...Ch. 12 - Describe three key components in doing a strategic...

To explain: The answers in requirement 2 and the indication of each component.

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