Exam 16: Operational Performance Measurement: Further Analysis of Productivity and Sales

Jackson,Inc manufactures two products that it sells to the same market.Excerpted below are its budgeted and actual operating results for the year just completed: Industry volume was estimated to be 1,875,000 units at the time the budget was prepared.Actual industry volume for the period was 2,440,000 units.Jackson measures variances using contribution margin.The market share variance is:

Broha Company manufactured 1,500 units of its only product during 2011.The inputs for this production are as follows: 450 pounds of Material A at a cost of $1.50 per pound 300 pounds of Material H at a cost of $2.75 per pound 300 direct labor hours at $20 per hour The firm manufactured 1,800 units of the same product in 2010 with the following inputs: 500 pounds of Material A at a cost of $1.20 per pound 360 pounds of Material H at a cost of $2.50 per pound 400 direct labor hours at $18 per hour In 2010,the partial operational productivity of Material A is: (round all calculations to two significant digits)

The market size variance arises because of changes:

Broha Company manufactured 1,500 units of its only product during 2011.The inputs for this production are as follows: 450 pounds of Material A at a cost of $1.50 per pound 300 pounds of Material H at a cost of $2.75 per pound 300 direct labor hours at $20 per hour The firm manufactured 1,800 units of the same product in 2010 with the following inputs: 500 pounds of Material A at a cost of $1.20 per pound 360 pounds of Material H at a cost of $2.50 per pound 400 direct labor hours at $18 per hour In 2011,the partial financial productivity of Material A is: (round all calculations to two significant digits)

Darwin,Inc.provided the following information (round calculations to two significant digits): What is the actual partial productivity ratio?

Winston Co.had two products code named X and Y.The firm had the following budget for August: On September 1,the following operating results for August were reported: Industry volume was estimated to be 120,000 units at the time of the budget.Actual industry volume for the period was 125,000 units. The contribution margin sales volume variance for Product Y is:

Broha Company manufactured 1,500 units of its only product during 2011.The inputs for this production are as follows: 450 pounds of Material A at a cost of $1.50 per pound 300 pounds of Material H at a cost of $2.75 per pound 300 direct labor hours at $20 per hour The firm manufactured 1,800 units of the same product in 2010 with the following inputs: 500 pounds of Material A at a cost of $1.20 per pound 360 pounds of Material H at a cost of $2.50 per pound 400 direct labor hours at $18 per hour In 2010,the partial financial productivity of Material A is: (round all calculations to two significant digits)

Twitter Company manufactures a remote control device for home theaters.The following data were from the operating period just completed: What is the firm's market share variance?

Wheat Inc.has an exclusive contract with an exporter.Two brands of wheat are imported,labeled AB and CD.The following data are provided for the current fiscal year: The total market was estimated to 40,000 bushels at the time of budget.The actual total market for the year is 32,000 bushels. What is the firm's market share variance?

Nap Co.has two products named X and Y.The firm had the following master budget for the year just completed: The following operating results were reported after the year was over: The sales quantity variance for Product Y is:

One major problem in measuring the productivity of a not-for-profit organization is the absence of:

Nap Co.has two products named X and Y.The firm had the following master budget for the year just completed: The following operating results were reported after the year was over: The selling price variance for Product Y is:

The market share variance is:

Gutsen Communications Inc.manufactures a scrambling device for cellular phones.The main component of the scrambling device is a very delicate part - DTV-12.DTV-12 requires careful handling during manufacturing.Once damaged,the part must be discarded.Only skilled laborers are hired to manufacture and install DTV-12.Damages still occur,however.The following are the operating data of Gutsen Communications Inc.for 2010 and 2011 relative to the insertion of DTV-12.Round calculations to two significant digits. The operational partial productivity ratio of DTV-12 in 2010 is:

Productivity can be thought of as:

Winston Co.had two products code named X and Y.The firm had the following budget for August: On September 1,the following operating results for August were reported: Industry volume was estimated to be 120,000 units at the time of the budget.Actual industry volume for the period was 125,000 units. The selling price variance for Product X is:

The sales volume variance is:

Which one of the following does not use the dollar amount of the input in assessing productivity?

Perry Corp.has the following data for the current fiscal year: The contribution margin sales volume variance is:

Folsom Fashions sells a line of women's dresses.The company uses flexible budgets to analyze its performances.The firm's performance report for November is presented below: The selling price variance for November is: