Question

partial credit, E12-29 (book/static) Question Help Compton Compton Associates is an architectural firm that has been in practice only a few years. Because it is a relatively new​ firm, the market for the​ firm's services is very competitive. To compete​ successfully, Compton Compton must deliver quality services at a low cost. Compton Compton presents the following data for 2016 2016 and 2017 2017. LOADING... ​(Click the icon to view the​ data.) Architect​ labor-hour costs are variable costs. Architect support costs for each year depend on the Architect support capacity that Compton Compton chooses to maintain each year​ (that is, the number of jobs it can do each​ year). Architect support costs do not vary with the actual number of jobs done that year. Read the requirements LOADING... . Requirement 1. Is Compton Compton ​Associate's strategy one of product differentiation or cost​ leadership? Explain briefly. Compton Compton​'s strategy is a cost leadership strategy. Compton plans to grow by producing high-quality service at a low cost delivered to customers in a timely manner. Requirement 2. Describe key measures you would include in Compton Compton​'s balanced scorecard and your reasons for doing so. Financial Perspective Choose from any drop-down list and then click Check Answer. 7 parts remaining Clear All Check Answer Data Table 2016 2017 1. Number of jobs billed 40 50 2. Selling price per job $ 32,000 $ 30,000 3. Architect labor-hours 24,000 27,000 4. Cost per architect labor-hour $ 35 $ 36 5. Architect support capacity (number of jobs the firm can do) 60 60 6. Total cost of software-implementation support $ 168,000 $ 180,000 7. Software-implementation support-capacity cost per job $ 2,800 $ 3,000 (row 6 / row 5) PrintDone Requirements 1. Is Compton Compton ​Associate's strategy one of product differentiation or cost​ leadership? Explain briefly. 2. Describe key measures you would include in Compton Compton​'s balanced scorecard and your reasons for doing so. PrintDone

Answer 1