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The Xroon manulactures an entry-level hoverboard, HOV-X. Pursuing a cost-leadership strategy, the company has triod to improve quafily and reduce costs. As a result of

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The Xroon manulactures an entry-level hoverboard, HOV-X. Pursuing a cost-leadership strategy, the company has triod to improve quafily and reduce costs. As a result of the actions taken over the last year, quality has significantly improved in 2020 while rework and unit costs of the HOV-X have decreased. Xtoon has reduced manufacturing capacity because capacity is no longer needed to support rewock. Xioon has also lowered HOV-X's selling price to gain market share and unit sales have increased. Information about the ourrent period (2020) and last period (2019) follown: (Click the icon to view the information for 2020and 2019.) (Click the icon to view additional information) fCC.ck the icon to view operating income for 2019and 2020) (Click the icon to view the components to explain changes in operating income.) Suppose that during 2020 the macket for hoverboards increased 10\%All increases in market share (that is, sales increases grester than 10% and decreases in the solling price of HOV-X aro the result of Xtoonarrategic actions. First, calculate how much of the change in operating income from 2019 to 2020 is due to the industry-market-aize facter, product ditterentiation, and cost leadership. (Co not round intermediary calculations. Only round the amount you input in the celt to the noarest dollar.) How does this relate to Xtoon's strategy and its success in implementation? Explain. 2020 was by a growth in the overall market size. Reference More info n>020 Reference Xtoon has calculated the following growth, price-recovery, and productivity components that explain the change in operating income from 2019 to 2020

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