Term Paper Art History Essay Sample

Cost and Quality Management – Answers to Assignment VI

1. Productiveness can be thought of as:
A ) the relationship between what is produced and what is required to bring forth it.
B ) making more with less.
C ) the ratio of end product to input.
D ) merely A and C are right.
Tocopherol ) answers A. B and C are all correct.

2. A primary aim in mensurating productiveness is to better operations either by utilizing fewer inputs to bring forth the same end product. or to bring forth:
A ) more rapidly.
B ) more efficaciously.
C ) with fewer restraints.
D ) more end products with the same inputs.
Tocopherol ) more end products with more inputs.

3. The experience of many houses is that betterments in quality:
A ) lessening productiveness.
B ) have no important consequence on productiveness.
C ) first addition. and so diminish productiveness.
D ) addition productiveness.
Tocopherol ) restrict productiveness betterments.

4. Attempts to better productiveness should be focused merely on:
A ) quality.
B ) non-value added activities.
C ) value added activities.
D ) inputs.
Tocopherol ) outputs.

5. One major job in mensurating the productiveness of a not-for-profit organisation is the absence of:
A ) costs.
B ) a common step for its end products.
C ) compulsory fiscal coverage.
D ) labour costs.
Tocopherol ) None of the above replies is right.

6. The two major lending factors to a gross revenues volume discrepancy are divergences in:
A ) market size and market portion.
B ) market size and gross revenues measure.
C ) gross revenues mix and selling monetary value.
D ) gross revenues mix and gross revenues measure.
Tocopherol ) gross revenues monetary value and gross revenues measure.

7. An unfavourable gross revenues mix discrepancy arises for a merchandise when:
A ) the existent unit sold is greater than the budgeted unit to be sold.
B ) the existent unit sold is less than the budgeted unit to be sold.
C ) the existent sales-mix per centum is less than the budgeted sales-mix per centum.
D ) the budgeted sales-mix per centum is less than the existent sales-mix per centum.
Tocopherol ) the entire existent gross revenues dollar from the merchandise is less than the budgeted gross revenues dollar for the merchandise.

8. When the existent sales-mix shifted towards a mix of merchandises with lower part borders. the house will hold negative consequence ( s ) on:
A ) gross revenues mix and gross revenues measure discrepancies.
B ) gross revenues measure ansd gross revenues volume discrepancies.
C ) gross revenues volume and market mix discrepancies.
D ) market mix and gross revenues mix discrepancy.
Tocopherol ) Gross saless mix and gross revenues volume discrepancies.

9. When the mix of merchandises sold shifted towards the high part
border merchandise.
A ) the entire gross revenues mix discrepancy is favourable.
B ) the entire gross revenues volume discrepancy is favourable.
C ) the entire market mix discrepancy is favourable.
D ) the entire gross revenues mix discrepancy is unfavourable.
Tocopherol ) the entire gross revenues monetary value discrepancy is favourable.

10. Market size discrepancy arises because of alterations:
A ) in the entire market sizes of the firm’s merchandise.
B ) of the firm’s proportion in the entire market.
C ) in the entree of the houses viing in the market.
D ) in units sold.
Tocopherol ) in the firm’s entire gross revenues volume.

11. Decreasing selling monetary values in order to procure higher gross revenues volumes or market portions:
A ) will normally bring forth higher gross revenues volumes and market portions.
B ) can hold negative impact on a firm’s profitableness.
C ) should non normally affect profitableness.
D ) should non normally affect part borders.
Tocopherol ) should non normally affect gross revenues mix.

12. A lessening in a firm’s market portions should alarm the direction to the eroding of the firm’s competitory place and invasion of:
A ) costs additions.
B ) monetary value lessenings.
C ) rivals.
D ) providers.
Tocopherol ) revenue enhancements.

13. A house with a worsening market portion per centum may still gain a higher operating income if the:
A ) market as a whole is besides worsening.
B ) market as a whole is stable.
C ) market as a whole is switching.
D ) market as a whole is turning.
Tocopherol ) house reduces runing costs.

14. Gross saless volume discrepancies can hold important deductions for strategic direction. It may bespeak that the market:
A ) may be smaller than originally planned.
B ) mix is different than initial estimations.
C ) is stronger than antecedently thought.
D ) needs a more aggressive scheme.
Tocopherol ) all of the above.

15. In analysing factors attributable to the alteration in a firm’s runing income from one twelvemonth to the following. which of the undermentioned consequence ( s ) may be included in the price-recovery factor?

| Revenue Effect| Cost Effect|
A ) | Yes| Yes|
B ) | Yes| No|
C ) | No| Yes|
D ) | No| No|

16. In analysing factors attributable to the alteration in a firm’s runing income from one twelvemonth to the following. which of the undermentioned consequence ( s ) may be included in the growing factor?

| Revenue Effect| Cost Effect|
A ) | Yes| Yes|
B ) | Yes| No|
C ) | No| Yes|
D ) | No| No|

17. In analysing the alteration in a firm’s runing income from one twelvemonth to the following. which of the undermentioned factors measures the alteration attributable entirely to the alteration in the measure of inputs spent in twelvemonth 2 relation to the measure of inputs that would hold been used in twelvemonth 1 to bring forth the
twelvemonth 2 end product?

A ) Growth.
B ) Price-recovery.
C ) Productivity.
D ) Cost consequence.
Tocopherol ) Purchase monetary value.

18. Which of the undermentioned factor ( s ) is ( are ) likely to be important for a house with a successful cost leading scheme?
A ) growing and price-recovery.
B ) growing and productiveness.
C ) price-recovery and productiveness.
D ) growing merely.
Tocopherol ) Price-recovery merely.

19. Which of the undermentioned factor ( s ) is ( are ) likely to be important for a house with a successful distinction scheme?
A ) growing and price-recovery.
B ) growing and productiveness.
C ) price-recovery and productiveness.
D ) productiveness merely.
Tocopherol ) Price-recovery merely.

Use the following to reply inquiries 20-22:

Gutsen Communications Inc. manufactures a scrambling device for cellular phones. The chief constituent of the scrambling device is a really delicate portion — DTV-12. DTV-12 requires careful handlings during fabrication. Once damaged. the portion must be discarded. Merely skilled labourers are hired to fabricate and put in DTV-12. Damages still occur. nevertheless. The following are the operating informations of Gutsen Communications Inc. for 2005 and 2006.

| 2006| 2005|
Unit of measurements manufactured | 600. 000| 780. 000|
Unit of measurements of DTV-12 used| 960. 000| 1. 072. 500|
Direct labour hours worked| 180. 000| 260. 000|
Cost of DTV-12 per unit| 180. 000| 260. 000|
Direct labour pay rate per hour| $ 67| $ 82|

20. The operational partial productiveness ratio of DTV-12 in 2005 is:
A ) 0. 73 per unit.
B ) 0. 63 per unit.
C ) 1. 92 per unit.
D ) 3. 33 per unit.
Tocopherol ) 3. 00 per unit.

21. The direct labour operational partial productiveness ratio for 2006 is:
A ) 0. 73 per unit.
B ) 0. 63 per unit.
C ) 1. 92 per unit.
D ) 3. 00 per unit.
Tocopherol ) 3. 33 per unit.

22. The fiscal partial productiveness ratio of DTV-12 in 2006 is:
A ) 2. 3459.
B ) 0. 4156.
C ) 0. 3342.
D ) 3. 6585.
Tocopherol ) 4. 9751.

Use the following to reply inquiries 23-136:

Nap Co. had two merchandises codification named X and Y. The house had the undermentioned maestro budget for the twelvemonth merely completed:

The following operating consequences were reported after the twelvemonth was over.

| Product X| | Product Y| Total|
Gross saless | $ 300. 000| | $ 384. 000| $ 684. 000|
Variable costs| 200. 000| | 168. 000| 368. 000|
Contribution margin| $ 100. 000| | $ 216. 000| $ 316. 000|
Fixed costs| 140. 000| | 108. 000| 248. 000|
Operating income| ( $ 40. 000| ) | $ 108. 000| $ 68. 000|
Unit of measurements sold| 2. 500| | 6. 000| |

23. The operating income flexible budget discrepancy for Product X is:
A ) $ 4. 000 unfavourable.
B ) $ 14. 000 unfavourable.
C ) $ 20. 000 unfavourable.
D ) $ 30. 000 unfavourable.
Tocopherol ) $ 40. 000 unfavourable.

24. The operating income gross revenues volume discrepancy for Product X is:
A ) $ 25. 000 unfavourable.
B ) $ 26. 000 favourable.
C ) $ 30. 000 unfavourable.
D ) $ 40. 000 unfavourable.
Tocopherol ) $ 65. 000 favourable.

25. The merchandising monetary value discrepancy for Product X is:
A ) $ 40. 000 unfavourable.
B ) $ 30. 000 unfavourable.
C ) $ 25. 000 unfavourable.
D ) – 0 –
Tocopherol ) $ 40. 000 favourable.

26. The gross revenues mix discrepancy for Product X is:
A ) $ 13. 312. 50 favourable.
B ) $ 18. 353 favourable.
C ) $ 19. 500 favourable.
D ) $ 68. 824 favourable.
Tocopherol ) $ 73. 125 favourable.

27. The gross revenues measure discrepancy for Product X is:
A ) $ 4. 437. 50 favourable.
B ) $ 5. 221 favourable.
C ) $ 6. 500 favourable.
D ) $ 7. 647 favourable.
Tocopherol ) $ 16. 250 favourable.