J.B.R TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 2020 operations: Sales (2,000 televisions) P 900,000 Cost of goods sold 400,000 Store manager's salary per year 70,000 Operating costs per year 157,000 Advertising and promotion per year 15,000 Commission (4% of sales) 36,000 The total variable cost per unit sold wasThe following selected information pertains to Ajax Processing Co.: direct materials, P62,500; indirect materials, P12,500; factory payroll, P75,000 of direct labor and P11,250 of indirect labor; and other factory overhead incurred. P37,500. The total conversion cost wasKrista Company increased its ROI from 20% to 25%. Net operating income and sales remained at their previous levels of P40,000 and P1,000,000 respectively. The increase in ROI was attributed to a reduction in operating assets brought about by the sale of obsolete inventory at cost (the proceeds from the sale were used to reduce bank loans). By how much was inventory reduced?The following information relates to Job No. 2468, which is being carried out by Flexy Feet to meet a customer's order: Dept. A Dept. B Direct materials consumed P 5,000 P 3,000 Direct labor rate per hour 4 5 Production overhead per direct 4 4 labor hour Direct labor hours employed 400 200 Administrative and other overhead 20% of full production cost costs Profit markup 25% of selling price The total cost and expenses for Job No. 2468Premier Corporation sells two models of home ice cream makers, Mister Ice Cream and Cold King. Current sales total 60,000 units, consisting of 21,000 Mister Ice Cream units and 39,000 Cold King units. Selling price and variable cost information follow: Selling Price P3? 00 P4300 Variable Cost 20.50 32.50 Salespeople currently receive at salaries that total P200000. Management is contemplating a change to a compensation plan that is based on commissions in an effort to boost the company's presence in the marketplace. Two plans are under consideration: - Plan A: 10% commission computed on gross peso sales. Mister Ice Cream sales are anticipated to be 19,500 units. Cold King sales are expected to total 45,500 units. - Plan B: 30% commission computed on the basis of production contribution margins. Mister Ice Cream sales are expected to total 39,000 units. Cold King sales are anticipated to be 26,000 units How much will be the increase or decrease in the net income of Premier if Plan A will be implemented? The U.R. Good Companyr produces a product using standard costs as follows: a. Standard cost per unit Materials 3" kilos at P 3.50 per kilo Labor 0 hours at ' 1.?5 per kilo Fixed MDH F' 1.15 per hour or 0 9.20 per unIt Variable MUH \"3:335 per hour or g 6.30 per b. Overhead is applied on direct labor hours c. Actual performance (1 month] Volume produced 000 Labor hours 6,300 Overhead 913,200 Material Cost F' 3.45 per kilo Labor Cost 5' 1.30 per hour Material Used 4.300 kilos The Total Material Variance is Shelby Company has an available production capacity of 180,000 hours. This can be used to produce 3 products in any combination. The total fixed cost is P180,000. Other information are as follows: X Y Z Selling price P8 P23 P5 Variable expense 7 12 2 Number of Hours per 1 hour 10 hours 2 hours unit Market Limit 5,000 units 50,000 units Assuming the best decision was made, what would be the net operating income?Data for September of Direction Corporation and its two major business segments, North and South, appear below: Sales, North P540,000 Variable Expenses, North 259,000 Traceable fixed expenses, North 70,000 Sales, South 800,000 Variable Expenses, South 408,000 Traceable fixed expenses, South 80,000 In addition, common fixed expenses totaled P319,000 and were allocated as follows: P160,000 to the North business segment and P159,000 to the South business segment. The company's net operating income as a whole isDirect Materials P 5,000,000 Direct Labor 3,500,000 Manufacturing Overhead: Utilities (primarily electricity) 250,000 Depreciation Plant and Equipment 350,000 Insurance 260,000 Supervisory Salary 470,000 Property Taxes 330,000 Selling Cost: Advertising 315,000 Sales Commission 145,000 Administrative Costs: Salaries of Top management 580,000 Office Supplies 70,000 Depreciation on Building and Equipment 140,000 During 20x4, the company operated at about half of its capacity, due to a slowdown in the economy. Prospects for 20x5 are slightly better. Jared Lowes, the marketing manager, forecasts a 30 percent growth in sales over the 20x4 level How much is the total fixed cost of Toledo Toy Company in 20x4?The following data are obtained from Gianna Manufacturing Company: . Cost of goods manufactured is P187,500 . Inventory variations are as follows: raw materials ending inventory is 1/3 based on raw materials beginning; no initial inventory of work in process, but at the end of period P 12,500 was on hand; finished goods inventory was four times as large at the end of the period as at the start. . Net income after taxes amounted to P 26,000, the income tax rate is 35% . Purchases of raw materials amounted to net income before taxes . Breakdown of costs incurred in manufacturing cost was as follows: . Raw materials consumed - 50% o Direct labor - 30% o Manufacturing overhead - 20% The total amount of direct labor was