Nappon Co. has two products named X and Y. The firm had the following master budget for the year just completed: Product X Product Y Total Sales $ 260,000 $ 360,000 $ 620,000 Variable Costs 156,000 180,000 336,000 Contribution Margin $ 104,000 $ 180,000 $ 284,000 Fixed costs 130,000 108,000 238,000 Operating Income (Loss) $ (26,000 ) $ 72,000 $ 46,000 Selling Price per unit $ 130.00 $ 60.00 The following actual operating results were reported after the year was over: Product X Product Y Total Sales $ 202,500 $ 467,500 $ 670,000 Variable Costs 117,000 212,500 329,500 Contribution Margin $ 85,500 $ 255,000 $ 340,500 Fixed costs 140,000 108,000 248,000 Operating Income (Loss) $ (54,500 ) $ 147,000 $ 92,500 Units Sold 1,500 8,500 The selling price variance for Product Y is:

The following cost data relate to the manufacturing activities of chang company during the just completed year: manufacturing overhead costs incurred: indirect materials $ 15,800 indirect labor 138,000 property taxes, factory 8,800 utilities, factory 78,000 depreciation, factory 150,600 insurance, factory 10,800 total actual manufacturing overhead costs incurred $ 402,000 other costs incurred: purchases of raw materials (both direct and indirect) $ 408,000 direct labor cost $ 68,000 inventories: raw materials, beginning $ 20,800 raw materials, ending $ 30,800 work in process, beginning $ 40,800 work in process, ending $ 70,800 the company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. a total of 20,500 machine-hours were used during the year. required: 1. compute the amount of underapplied or overapplied overhead cost for the year. 2. prepare a schedule of cost of goods manufactured for the year.

An office manager is concerned with declining productivity. despite the fact that she regularly monitors her clerical staff four times each day—at 9: 00 am, 11: 00 am, 1: 00 pm, and again at 3: 00 pm—office productivity has declined 30 percent since she assumed the helm one year ago. would you recommend that the office manager invest more time monitoring the productivity of her clerical staff? explain.

You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?