Question
Hi, Looking to compare. Can you please fill in the chart with the blanks and show how you got the numbers? That is key for
Hi, Looking to compare.
Can you please fill in the chart with the blanks and show how you got the numbers? That is key for me.
Thanks,
| 2018 | 2019 | |||
| Number of t-shirts | 200,000 | 250,000 | ||
| Number of t-shirts lost | 2,000 | 3,300 | ||
| Number of t-shirts sold | 198,000 | 246,700 | ||
| Average Selling Price | 25 | 26 | ||
| Average Cost Per T Shirt | 10 | 9 | ||
| Admin Capacity in terms of the number of customers who can be served | 4,000 | 3,750 | ||
| Admin Costs | 1,200,000 | 1,162,500 | ||
| Admin Cost Per Customer | 300 | 310 | ||
| Desgin Staff | 5 | 5 | ||
| Total Desgin Costs | 250,000 | 275,000 | ||
| Desgin Cost Per Employee | 50,000 | 55,000 |
| Complete the following table: Income Statement Amounts 2018 | Revenue and Cost Effects of Growth in 2019 | Revenue and Cost Effects of Price-Recovery in 2019 | Cost Effect of Productivity in 2019 | Income Statement Amounts 2019 | |||||
| 1 | 2 | 3 | 4 | 1+2+3+4 | |||||
| Revenue | ? | $1,217,500F | ? | ? | ? | ||||
| Costs | ? | ? Hint: only DM costs | $308,788F | $70,632F | ? | ||||
| Operating Income | ? | ? | ? | ? | ? | ||||
| $ 1,351,700 F Change in Operating Income
1. Calculate Operating Income for Both 2018 and 2019? 2. Calculate the growth, price recovery, and productivity components that explain the change in operating income from 2018 to 2019? 3. Comment on your answers in requirement 2. What do each of these components indicate | |||||||||
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