Please use data table to calculate Gliss’s operating income for 2019, Eagle Tiles is a small distributor of marble tiles. Eagle identifies its three major activities and cost pools as ordering, receivingand storage, and shipping, and it reports the following details for 2019:(Click the icon to view the details.)For 2019 Eaglebuys 220,000marble tiles at an average cost of $4per tile and sells them to retailers at an average price of $6pertile. Assume Eaglehas no fixed costs and no inventories.Requirement 1. Calculate Eagle's operating income for 2019.RevenuesCosts:Purchase cost of tilesOrdering costsReceiving and storageShippingTotal costsOperating incomeRequirements1.2.Calculate Eagle's operating income for 2019.For 2020, retailers are demanding a 4% discount off the 2019 price. Eagle's suppliers are onlywilling to give a 3% discount. Eagle expects to sell the same quantity of marble tiles in 2020 asin 2019. If all other costs and cost-driver information remain the same, calculate Eagle'soperating income for 2020.3. Suppose further that Eagle decides to make changes in its ordering and receiving-and-storingpractices. By placing long-run orders with its key suppliers, Eagle expects to reduce thenumber of orders to 600 and the cost per order to $40 per order. By redesigning the layout ofthe warehouse and reconfiguring the crates in which the marble tiles are moved, Eagleexpects to reduce the number of loads moved to 3,425 and the cost per load moved to $48.Will Eagle achieve its target operating income of $0.41 per tile in 2020? Show yourcalculations.Data table-✗ActivityCost DriverQuantity ofCost DriverCost per Unit ofCost DriverPlacing and paying for orders of marble1. tilesNumber of orders900$80 per order2. Receiving and storageLoads moved4,300$50 per loadNumber of-

Eagle Tiles Operating Income Calculation for 2019Given Data for 2019:Marble tiles bought: 220,000…

Answered: Please use data table to calculate…

Business

Accounting

Please use data table to calculate Gliss’s oper

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 9EA: The cost data for Evencoat Paint for the year 2019 is as follows: Using the high-low method, express...

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Guppy Inc. is a small distributor of mechanical pencils. Guppy identifies its three major activities and cost pools as ordering, receiving and storage, and shipping, and it reports the following details for 2019: (Click the icon to view the activity and cost pool details.) Revenues Costs: Begin by calculating the operating income. Then, calculate the per unit amounts. (Round the per unit amounts to the nearest cent.) Purchase cost of pencil packs Ordering costs Receiving and storage Shipping Total costs Operating income Total C Per Unit For 2019, Guppy buys 250,000 pencil packs at an average cost of $3 per pack and sells them to retailers at an average price of $7 per pack. Assume Guppy has no fixed costs and no inventories. Calculate Guppy's operating income for 2019.
Deco Tiles is a small distributor of marble tiles. Deco identifies its three major activities and cost pools as ordering, receiving and storage, and shipping, and it reports the following details for 2019: (Click the icon to view the details.) For 2019, Deco buys 280,000 marble tiles at an average cost of $3 per tile and sells them to retailers at an average price of $7 per tile. Assume Deco has no fixed costs and no inventories. Data table Activity 1. Placing and paying for orders of marble tiles 2. Receiving and storage 3. Shipping of marble tiles to retailers Cost Driver Number of orders Loads moved Number of shipments Quantity of Cost Driver 500 5,000 2,200 Cost per Unit of Cost Driver $80 per order $60 per load $50 per shipment X
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Peter Company makes a high-end Appliance, Y45. Peter presents the following data for the years 2019 and 2020: Units of Y45 produced and sold Selling price Direct materials (square feet) Direct materials costs per square foot Manufacturing capacity in units of Y45 Total conversion costs 2019 100,000 $1,000 300,000 $100 2020 105,000 $1,100 307,500 $110 125,000 $12,500,000 $13,750,000 $100 125,000 Conversion costs per unit of capacity Selling and customer-service capacity (customers) Total selling and customer-service costs Selling and customer-service capacity cost per customer $15,000 $110 300 300 $4,500,000 $4,687,500 $15,625 Peter produces no defective units but it wants to reduce direct materials usage per unit of Y45. Manufacturing conversion costs in each year depend on production capacity defined in terms of Y45 units that can be produced. Selling and customer-service costs depend on the number of customers that the customer and service functions are designed to support. Peter had…
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