Data Table Cost Driver Activity 1. Placing and paying for orders of marble tiles 2. Receiving and storage 3. Shipping of marble tiles to retailers Number of orders Quantity of Cost per Unit of Cost Driver Cost Driver 600 $80 per order 4,100 $60 per load 2,000 $50 per shipment Loads moved Number of shipments Print Done mel Requirements X 1. 2. 3. Calculate Bright's operating income for 2016. For 2017, retailers are demanding a 6% discount off the 2016 price. Bright's suppliers are only willing to give a 5% discount, Bright expects to sell the same quantity of marble tiles in 2017 as in 2016. If all other costs and cost-driver information remain the same, calculate Bright's operating income for 2017 Suppose further that Bright decides to make changes in its ordering and receiving-and-storing practices. By placing long-run orders with its key suppliers, Bright expects to reduce the number of orders to 300 and the cost per order to $40 per order. By redesigning the layout of the warehouse and reconfiguring the crates in which the marble tiles are moved, Bright expects to reduce the number of loads moved to 3,225 and the cost per load moved to $58. Will Bright achieve its target operating income of $1.17 per tile in 2017? Show your calculations Print Done Bright Tiles is a small distributor of marble tiles. Bright identifies its three major activities and cost pools as ordering, receiving and storage, and shipping, and it reports the following details for 2016 (Click the icon to view the details) For 2016, Bright buys 300,000 martie tles at an average cost of $2 per te and sells them to retalers at an average price of SA per tile. Assume Bright has no fixed costs and to inventories Read the requirements Requirement 1. Calculate Bright's operating income for 2016 Revenues Costs Purchase cost of tiles Ordering costs Receiving and storage Shipping Total costs Operating income Check Arew Enter any number in the edit fields and then click Check Answer Clear Al