Strategic Cost Management

1. Juztine Company produces a single type of necklace being sold for P 25 per unit. The following information was made available: Unit sales (P 25 per unit) 63,000 Material usage 75,000 pounds Material cost P7.2 per pounds Labor hours 10,000 hours Labor cost P30 per hour What is the financial partial productivity of Direct Labor?

0.840

6.300

0.117

0.210

None of the above

2. Juztine Company produces a single type of necklace being sold for P 25 per unit. The following information was made available: Unit sales (P 25 per unit) 63,000 Material usage 75,000 pounds Material cost P7.2 per pounds Labor hours 10,000 hours Labor cost P30 per hour What is the operational partial productivity of Direct Material?

0.840

6.300

0.117

0.210

None of the above

3. ABC Company reported in 2021 sales of P15,000,000, an asset turnover ratio of 3.0, and a rate of return on average assets of 18 percent. The percentage of net income to sales is

5%

6%

7%

8%

None of the above