FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 13: Strategy, Balanced Scorecard, and Strategic Profitability Analysis

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 81

Multiple Choice

Review LaterAdd Note

Review Later

Answer the following questions using the information below: Following a strategy of product differentiation, Loftus Company makes a high-end Appliance, AP15. Loftus Company presents the following data for the years 2011 and 2012: Loftus Company produces no defective units but it wants to reduce direct materials usage per unit of AP15 in 2012. Manufacturing conversion costs in each year depend on production capacity defined in terms of AP15 units that can be produced. Selling and customer-service costs depend on the number of customers that the customer and service functions are designed to support. Loftus Company has 46 customers in 2011 and 50 customers in 2012. The industry market size for high-end appliances increased 5% from 2011 to 2012. -What is the revenue effect of the growth component?

A) $220,000 F
B) $420,000 F
C) $400,000 F
D) $200,000 F

Correct Answer

verified

Show Answer

Question 82

Essay

Review LaterAdd Note

Review Later

Describe three key components in performing a strategic analysis of operating income.

Correct Answer

verified

The three key components in performing a...

View Answer

Show Answer

Question 83

Multiple Choice

Review LaterAdd Note

The first step to successful balanced scorecard implementation is clarifying the:

Answer the following questions using the information below: Following a strategy of product differentiation, Loftus Company makes a high-end Appliance, AP15. Loftus Company presents the following data for the years 2011 and 2012: Loftus Company produces no defective units but it wants to reduce direct materials usage per unit of AP15 in 2012. Manufacturing conversion costs in each year depend on production capacity defined in terms of AP15 units that can be produced. Selling and customer-service costs depend on the number of customers that the customer and service functions are designed to support. Loftus Company has 46 customers in 2011 and 50 customers in 2012. The industry market size for high-end appliances increased 5% from 2011 to 2012. -What is operating income in 2012?

Partial productivity multiplied by the quantity of input used results in:

The lower the inputs for a given set of outputs or the higher the outputs for a given set of inputs, the higher the level of:

Measures of the balanced scorecard's learning-and-growth perspective include:

When analyzing the change in operating income, the strategy component of productivity:

The partial productivity of overhead resources can be measured by considering the cost driver as:

The average number of student credit hours taught per faculty member is an example of a(n) :

Answer the following questions using the information below: Following a strategy of product differentiation, Loftus Company makes a high-end Appliance, AP15. Loftus Company presents the following data for the years 2011 and 2012: Loftus Company produces no defective units but it wants to reduce direct materials usage per unit of AP15 in 2012. Manufacturing conversion costs in each year depend on production capacity defined in terms of AP15 units that can be produced. Selling and customer-service costs depend on the number of customers that the customer and service functions are designed to support. Loftus Company has 46 customers in 2011 and 50 customers in 2012. The industry market size for high-end appliances increased 5% from 2011 to 2012. -What is the cost effect of the growth component?

Measures of the balanced scorecard's learning-and-growth perspective include all of the following EXCEPT:

Downsizing discretionary costs is easier than downsizing engineered costs.

Rightsizing is another term for:

Surveys of employee satisfaction is an example of a balanced-scorecard measure of the:

Product differentiation is an organization''s ability to offer products or services perceived by its customers to be superior and unique relative to the products or services of its competitors.

The balanced scorecard measures an organization's performance from all of the following perspectives EXCEPT:

Which of the following statements is true?

Answer the following questions using the information below: Merrill Company makes a household appliance with model number X800. The goal for 2012 is to reduce direct materials usage per unit. No defective units are currently produced. Manufacturing conversion costs depend on production capacity defined in terms of X800 units that can be produced. The industry market size for appliances increased 5% from 2011 to 2012. The following additional data are available for 2011 and 2012: -What is the cost effect of the growth component for direct materials?

Answer the following questions using the information below: Meale Company makes a household appliance with model number X500. The goal for 2012 is to reduce direct materials usage per unit. No defective units are currently produced. Manufacturing conversion costs depend on production capacity defined in terms of X500 units that can be produced. The industry market size for appliances increased 10% from 2011 to 2012. The following additional data are available for 2011 and 2012: -What is operating income for 2012?