Netzone Company is in semiconductor industry and fabrication of silicon-wafer chips splits off two types of memory chips, Standard and Premium. The following information was collected for last quarter of the calendar year:
The cost of purchasing 400 kgs of direct materials and processing it up to the split-off point to yield a total of 20,400 chips of good products was $2,020,000. Beginning inventories totalled 130 chips for Standard and 60 chips for Premium. Ending inventory amounts reflected 130 chips of Standard and 60 chips of Premium. October costs per unit were the same as November. What are the physical-volume proportions for products Standard and Premium, respectively?
Definitions:
Balanced Scorecard
A strategic planning and management system that organizations use to communicate what they are trying to accomplish, align day-to-day work with strategy, and measure and monitor progress toward strategic targets.
Research And Development
Activities undertaken by a company to innovate and introduce new products or improve existing products or processes.
Performance Perspectives
Different angles from which to evaluate and assess the performance of a company or organization, often used in strategic management and balanced scorecards.
Internal Processes
The procedures and activities carried out within an organization to achieve its business objectives.
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