The White Hot Mining Co.has the following information for last year: \[\begin{array} { | l | r | } \hline \text { Labor hours } & 12,000 \\ \hline \text { Tons of output produced } & 175,000 \\ \hline \end{array}\]The partial productivity for labor is:

A) 1.000. B) 0.069. C) 14.58. D) 12.00. A) 1.000. B) 0.069. C) 14.58. D) 12.00.

Morgenstern Corporation keeps careful track of the time required to fill orders.The times recorded for a particular order appear below: \[\begin{array} { | l | c | } \hline & \text { Hours } \\ \hline \text { Processing Time } & 1.6 \\ \hline \text { Inspection Time } & 0.1 \\ \hline \text { Moving Time } & 2.6 \\ \hline \text { Storing Time } & 7.2 \\ \hline \end{array}\]The Manufacturing Cycle time was:

A) 4.3 hours. B) 31.6 hours. C) 27.3 hours. D) 11.5 hours. A) 4.3 hours. B) 31.6 hours. C) 27.3 hours. D) 11.5 hours.

Sojourn Enterprises has provided the following information for last year: \[\begin{array} { | l | r | l | } \hline \text { Material costs } & \$ 225,000 & \\ \hline \text { Labor hours } & \$ 85,000 & \\ \hline \text { Overhead costs } & \$ 311,000 & \\ \hline \text { Product produced } & 32,000 & @ \text { selling price of } \$ 22 \text { leach } \\ \hline \end{array}\]The total factor productivity measure is:

A) 1.003. B) 1.134. C) 0.882. D) 0.362. A) 1.003. B) 1.134. C) 0.882. D) 0.362.

The Boxwood Machining Co.has the following information for last year: \[\begin{array} { | l | r | } \hline \text { Tons of metal input } & 28,000 \\ \hline \text { Labor hours } & 10,000 \\ \hline \text { Overhead costs } & \$ 125,000 \\ \hline \text { Tons of output produced } & 20,000 \\ \hline \end{array}\]The partial productivity for metal is:

A) 2.800. B) 1.400. C) 0.714. D) 0.526. A) 2.800. B) 1.400. C) 0.714. D) 0.526.

The Cave Springs Milling Co.has the following information for last year: \[\begin{array} { | l | r | } \hline \text { Material input } & 13,112,000 \\ \hline \text { Yards of output produced } & 1,575,000 \\ \hline \end{array}\]The partial productivity for materials is

A) 0.12 B) 1.31 C) 8.33 D) 15.75 A) 0.12 B) 1.31 C) 8.33 D) 15.75

Moonlight Co.has provided the following information for last year: \[\begin{array} { | l | r | r | } \hline \text { Material costs } & \$ 300,000 & \\ \hline \text { Labor costs } & \$ 90,000 & \\ \hline \text { Overhead costs } & \$ 234,000 & \\ \hline \text { Product produced } & 16,000 & \text { units } \\ \hline \text { Total factor productivity' } & 1,154 & \\ \hline \end{array}\]The selling price of the product (rounded)is:

A) $45.01. B) $33.80. C) $39.00. D) $28.13. A) $45.01. B) $33.80. C) $39.00. D) $28.13.

Exam 18: Performance Measurement to Support Business Strategy

Consider a local coffee shop,a Starbucks store,and a retail gas station that offers fresh coffee in its convenience stores.Required: Characterize these stores according to the Porter strategy framework.

(Essay)

4.9/5

(43)

Question 121

Partial productivity:

(Multiple Choice)

5.0/5

(39)

Question 122

Explain how nonfinancial performance measures for customer satisfaction may differ from functional performance measures.

(Essay)

4.8/5

(35)

Question 123

The White Hot Mining Co.has the following information for last year: Labor hours 12,000 Tons of output produced 175,000 The partial productivity for labor is:

(Multiple Choice)

4.9/5

(40)

Question 124

The concept of a balanced scorecard is to measure how well the organization is doing from the view of employees,suppliers,customers,business partners,and the community,as well as the shareholders.

(True/False)

4.8/5

(34)

Question 125

Beach Co.has provided the following information for last year: Material costs \ 160,000 Labor costs \ 62,000 Overhead costs \ 171,000 Product produced 11,000 @ selling price of \ 52 leach Required: Calculate the total factor productivity measure.

(Essay)

4.9/5

(42)

Question 126

Employee involvement in setting performance objectives is likely to increase the employee's commitment to the organization

(True/False)

4.7/5

(44)

Question 127

Employee involvement is important in an effective performance measurement system because it:

(Multiple Choice)

4.7/5

(42)

Question 128

Morgenstern Corporation keeps careful track of the time required to fill orders.The times recorded for a particular order appear below: Hours Processing Time 1.6 Inspection Time 0.1 Moving Time 2.6 Storing Time 7.2 The Manufacturing Cycle time was:

(Multiple Choice)

4.8/5

(42)

Question 129

Sojourn Enterprises has provided the following information for last year: Material costs \ 225,000 Labor hours \ 85,000 Overhead costs \ 311,000 Product produced 32,000 @ selling price of \ 22 leach The total factor productivity measure is:

(Multiple Choice)

4.7/5

(38)

Question 130

Improving the efficiency of the manufacturing cycle involves decreasing the time spent processing a good.

(True/False)

4.9/5

(41)

Question 131

The Boxwood Machining Co.has the following information for last year: Tons of metal input 28,000 Labor hours 10,000 Overhead costs \ 125,000 Tons of output produced 20,000 The partial productivity for metal is:

(Multiple Choice)

4.9/5

(41)

Question 132

In the balanced scorecard,the learning and growth perspective addresses which of the following questions?

(Multiple Choice)

4.7/5

(36)

Question 133

The Cave Springs Milling Co.has the following information for last year: Material input 13,112,000 Yards of output produced 1,575,000 The partial productivity for materials is

(Multiple Choice)

4.7/5

(46)

Question 134

Which of the following is not a partial productivity measure?

(Multiple Choice)

4.9/5

(31)

Question 135

________ is a firm's ability to implement low costs compared to its competitors with productivity improvements,increased efficiency,reduction of waste,and the use of cost control.

(Multiple Choice)

4.8/5

(31)

Question 136

The number of defective units is an example of a subjective performance measure.

(True/False)

4.9/5

(37)

Question 137

One of the results in using balanced scorecards is a shift from a focus on financial results to a focus on:

(Multiple Choice)

4.7/5

(37)

Question 138

Moonlight Co.has provided the following information for last year: Material costs \ 300,000 Labor costs \ 90,000 Overhead costs \ 234,000 Product produced 16,000 units Total factor productivity' 1,154 The selling price of the product (rounded)is:

(Multiple Choice)

4.8/5

(33)

Question 139

Marion Forging Co.has provided the following information for last year: Tons of metal input 14,000 Labor hours 5,000 Overhead costs \ 125,000 Tons of torging produced 10,000 Required: Calculate the partial productivity for: a.Metal.b.Labor.

(Essay)

4.7/5

(35)

Question 140

Consider a local coffee shop,a Starbucks store,and a retail gas station that offers fresh coffee in its convenience stores.Required: Characterize these stores according to the Porter strategy framework.

Partial productivity:

Explain how nonfinancial performance measures for customer satisfaction may differ from functional performance measures.

The White Hot Mining Co.has the following information for last year: Labor hours 12,000 Tons of output produced 175,000 The partial productivity for labor is:

The concept of a balanced scorecard is to measure how well the organization is doing from the view of employees,suppliers,customers,business partners,and the community,as well as the shareholders.

Beach Co.has provided the following information for last year: Material costs \ 160,000 Labor costs \ 62,000 Overhead costs \ 171,000 Product produced 11,000 @ selling price of \ 52 leach Required: Calculate the total factor productivity measure.

Employee involvement in setting performance objectives is likely to increase the employee's commitment to the organization

Employee involvement is important in an effective performance measurement system because it:

Morgenstern Corporation keeps careful track of the time required to fill orders.The times recorded for a particular order appear below: Hours Processing Time 1.6 Inspection Time 0.1 Moving Time 2.6 Storing Time 7.2 The Manufacturing Cycle time was:

Sojourn Enterprises has provided the following information for last year: Material costs \ 225,000 Labor hours \ 85,000 Overhead costs \ 311,000 Product produced 32,000 @ selling price of \ 22 leach The total factor productivity measure is:

Improving the efficiency of the manufacturing cycle involves decreasing the time spent processing a good.

The Boxwood Machining Co.has the following information for last year: Tons of metal input 28,000 Labor hours 10,000 Overhead costs \ 125,000 Tons of output produced 20,000 The partial productivity for metal is:

In the balanced scorecard,the learning and growth perspective addresses which of the following questions?

The Cave Springs Milling Co.has the following information for last year: Material input 13,112,000 Yards of output produced 1,575,000 The partial productivity for materials is

Which of the following is not a partial productivity measure?

________ is a firm's ability to implement low costs compared to its competitors with productivity improvements,increased efficiency,reduction of waste,and the use of cost control.

The number of defective units is an example of a subjective performance measure.

One of the results in using balanced scorecards is a shift from a focus on financial results to a focus on:

Moonlight Co.has provided the following information for last year: Material costs \ 300,000 Labor costs \ 90,000 Overhead costs \ 234,000 Product produced 16,000 units Total factor productivity' 1,154 The selling price of the product (rounded)is:

Marion Forging Co.has provided the following information for last year: Tons of metal input 14,000 Labor hours 5,000 Overhead costs \ 125,000 Tons of torging produced 10,000 Required: Calculate the partial productivity for: a.Metal.b.Labor.

Cost Accounting: Information for Decision Making

Fundamentals of Cost-Volume-Profit Analysis

Fundamentals of Cost Analysis for Decision Making

Cost Estimation

Fundamentals of Product and Service Costing

Job Costing

Process Costing

Activity-Based Costing

Fundamentals of Cost Management

Service Department and Joint Cost Allocation

Fundamentals of Management Control Systems

Planning and Budgeting

Business Unit Performance Measurement

Transfer Pricing

Fundamentals of Variance Analysis

Additional Topics in Variance Analysis

Filters