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In which Company Z produces only 2,000,000 units during the year. In the scenario shown in table, the business manufactures 2,500,000 units, which is its maximum production output for the year. Do you think that Company Z cranked up production output to 2,500,000 units mainly to boost its operating profit for the year?
Company Y
Company Z
Operating Profit Report for Year
Per Unit
Totals
Sales volume, in Units
500,000
2,000,000
Sales Revenue
$85.00
$42,500,000
$25.00
$50,000,000
Cost of Goods Sold Expense (see below)
-56
-28,000,000
-18.45
-36,900,000
Gross Margin
$29.00
$14,500,000
$6.55
$13,100,000
Variable Operating Expenses
-12.5
-6,250,000
-2.5
-5,000,000
Contribution Margin
$16.50
$8,250,000
$4.05
$8,100,000
Fixed Operating Expenses
-7,500,000
Operating Profit
$3,250,000
$600,000
Manufacturing Activity Summary for Year
Annual Production Capacity, in Units
800,000
2,500,000
Actual Output, in Units
Raw Materials
$15.00
$7,500,000
$7.50
$18,750,000
Direct Labor
20
10,000,000
2.75
6,875,000
Variable Manufacturing Overhead Costs
5
12,500,000
Total Variable Manufacturing Costs
$40.00
$20,000,000
$15.25
$38,125,000
Fixed Manufacturing Overhead Costs
16
8,000,000
3.2
Product Cost and Total Manufacturing Costs
$56.00
$28,000,000
$18.45
$46,125,000
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