partial credit, E12-29 (book/static) Question Help Compton Compton Associates is an architectural firm that has been in practice only a few years. Because it is a relatively new firm, the market for the firm's services is very competitive. To compete successfully, Compton Compton must deliver quality services at a low cost. Compton Compton presents the following data for 2016 2016 and 2017 2017. LOADING... (Click the icon to view the data.) Architect labor-hour costs are variable costs. Architect support costs for each year depend on the Architect support capacity that Compton Compton chooses to maintain each year (that is, the number of jobs it can do each year). Architect support costs do not vary with the actual number of jobs done that year. Read the requirements LOADING... . Requirement 1. Is Compton Compton Associate's strategy one of product differentiation or cost leadership? Explain briefly. Compton Compton's strategy is a cost leadership strategy. Compton plans to grow by producing high-quality service at a low cost delivered to customers in a timely manner. Requirement 2. Describe key measures you would include in Compton Compton's balanced scorecard and your reasons for doing so. Financial Perspective Choose from any drop-down list and then click Check Answer. 7 parts remaining Clear All Check Answer Data Table 2016 2017 1. Number of jobs billed 40 50 2. Selling price per job $ 32,000 $ 30,000 3. Architect labor-hours 24,000 27,000 4. Cost per architect labor-hour $ 35 $ 36 5. Architect support capacity (number of jobs the firm can do) 60 60 6. Total cost of software-implementation support $ 168,000 $ 180,000 7. Software-implementation support-capacity cost per job $ 2,800 $ 3,000 (row 6 / row 5) PrintDone Requirements 1. Is Compton Compton Associate's strategy one of product differentiation or cost leadership? Explain briefly. 2. Describe key measures you would include in Compton Compton's balanced scorecard and your reasons for doing so. PrintDone