Extracted text: udy 1. Productivity Variances ems Carlson Automotive Company manufactures fuel-injection systems. It manufactured and sold 60,000 units in 2018 and 64,000 units in 2019 at $25 per unit. In 2018, the firm used 75,000 pounds of alloy TPX–45 at $7.20 per pound and used 10,000 direct labor hours at an hourly wage rate of $30. In 2019, the firm used 89,600 pounds of alloy TPX–45 at $6.80 per pound and used 10,847 direct labor hours at an hourly wage rate of $32. The total amount of all other expenses remains the same at $450,000 each year. Jerry Olson, CEO, was disappointed that although the total sales increased in 2019, operating income declined from $210,000 in 2018 to $193,616 in 2019. Required Analyze the following: 1. Partial operational productivity of direct material and direct labor for both 2018 and 2019. 2. Partial financial productivity of direct material and direct labor for both 2018 and 2019. 3. Detailed partition of partial financial productivity. 4. Total productivity for 2018 and 2019 as measured in both units and sales dollars.
Extracted text: 2. Sales Variances Springwater Brewery has two main products: premium and regular ale. Its operating results and master budget for 2019 (000s omitted) follow: Operating Results of 2019 Master Budget for 2019 Premium Regular Total Premium Regular Total Barrels 180 540 720 240 360 600 $28,800 $62,100 40,500 $90,900 56,700 Sales $36,000 $43,200 $79,200 Variable expenses 16,200 21,600 27,000 48,600 Contribution margin Fixed expenses $12,600 10,000 $21,600 5,000 $34,200 15,000 $14,400 10,000 $16,200 5,000 $30,600 15,000 Operating income $ 2,600 $16,600 $19,200 $ 4,400 $11,200 $15,600 Operational-Level Control Pam Kuder, CEO, expected the total industry sales to be 1,500,000 barrels during the period. After the year, Mark Goldfeder, the controller, reported that the total sales for the industry were 1,600,000 barrels. Required Calculate the following: 1. Selling price variances for the period for each product and for the firm. 2. Sales volume variances for the period for each product and for the firm. 3. Sales quantity variances for each product and the firm. 4. Sales mix variances for the period for each product and for the firm. 5. The sum of the sales quantity variance and sales mix variance. Also, verify that this total equals the sales volume variance. 6. Market size variance for the period. 7. Market share variance for the period. 8. The sum of the market size variance and market share variance. Also, verify that this total equals the sales quantity variance.