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Unformatted text preview: ACG 2071 Quiz Name____________________________________ October 30, 2007 UFID#______________________________ The FSOA Division is a segment of the WCB Corporation . Income statement data for the FSOA Division and the WCB Corporation are: Net Sales $80,000 Variable costs: Cost of merchandise sold 50,000 Operating expenses 10,000 Fixed costs: Controllable by segment (division) manager 8,000 Controllable by others 5,000 Unallocated corporate (WCB) costs 3,000 1. Calculate the contribution margin. 2 Calculate the contribution controllable by the segment (Division) manager . 3. Calculate the contribution by the segment (Division). Comparative data for WCB Corporation for 2001 and 2007 are: 2001 2007 Sales revenue $6,000,000 $8,000,000 Units produced and sold 40,000 50,000 Direct labor costs $1,000,000 $1,600,000 Direct labor hours 80,000 100,000 4. WCB Corporation measures productivity by relating physical outputs to physical inputs. Calculate the 2007 productivity measure. 5. WCB Corporation measures productivity by relating financial measures of outputs to physical measures of inputs. Assume that each 2001 dollar is equivalent to 1.10 2007 dollars, due to inflation. Calculate the 2001 productivity measured in 2007 dollars. 6. WCB Corporation measures productivity by relating financial measures of outputs to financial measures of inputs. Assume that each 2001 dollar is equivalent to 1.10 2007 dollars, due to inflation. Calculate the 2001 productivity measured in 2007 dollars. The four perspectives of the balanced scorecard are: Financial; customers; internal processes; and employee growth and learning. 7. Identify the perspective for which market share is a likely performance measure. A quality cost report measures four categories of quality costs: Prevention, appraisal, internal failure, and external failure....
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