Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: "Contains direct materials, direct labor, and variable manufacturing overhead, Janet Dunn, who has just been appointed general manager of the Wostwood Plant, has been glven instructions ta "get things under control" Upon reviewing the plant's income statement, Ms. Dunn has concluded that the major problem lies in the variable cost of goods sold. She has been provided with the following standord cost per swimming pools During June the plant produced 8,000 pools and incurred the following costs: 4. Purchsised 29,000 paunids of materials at a cost of $2.95 per pound b. Used 23 , Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: "Contains direct materials, direct labor, and variable manufacturing overhead. Janet Dunn, who has just been appointed general manager of the Westwood Plant, has been given instructions to "get things under control. "Upon reviewing the plant's income statement, Ms. Dunn has concluded that the major probiem lles in the varlable cost of goods sold. She has been provided with the following standard cost per swimming pool: 'Based on machine-hours. During June the plant produced 8,000 pools and incurred the following costs: a. Purchased 29,000 pounds of materials at a cost of $2.95 per pound b. Used 23,800 pounds of materiols in production, (Finished goods and work in process fiventories are insignificant and can be ignored) Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: "Contains direct materials, direct labor, and variable manufacturing overhead, Janet Dunn, who has just been appointed general manager of the Wostwood Plant, has been glven instructions ta "get things under control" Upon reviewing the plant's income statement, Ms. Dunn has concluded that the major problem lies in the variable cost of goods sold. She has been provided with the following standord cost per swimming pools During June the plant produced 8,000 pools and incurred the following costs: 4. Purchsised 29,000 paunids of materials at a cost of $2.95 per pound b. Used 23 , Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: "Contains direct materials, direct labor, and variable manufacturing overhead. Janet Dunn, who has just been appointed general manager of the Westwood Plant, has been given instructions to "get things under control. "Upon reviewing the plant's income statement, Ms. Dunn has concluded that the major probiem lles in the varlable cost of goods sold. She has been provided with the following standard cost per swimming pool: 'Based on machine-hours. During June the plant produced 8,000 pools and incurred the following costs: a. Purchased 29,000 pounds of materials at a cost of $2.95 per pound b. Used 23,800 pounds of materiols in production, (Finished goods and work in process fiventories are insignificant and can be ignored)
