Вы находитесь на странице: 1из 12

37. LO.1-LO.

3 (Cost Classifications) Type of Cost Variable

38. LO.2 (Cost Behavior) a. 1 Batch = 500 Boxes

Cost of paper for each batch cost of ink and glue for each batch Cost of 1,000 gold boxes for each batch Direct labor for producing each batch cost of designing each batch Cost per batch

Overhead Charges Total Cost Total Cost No. of boxes Cost per box of stationery b. Boxes per month No. of boxes/ batch No. of Batches *Same cost behavior pattern in June Cost of paper for each batch cost of ink and glue for each batch Cost of 1,000 gold boxes for each batch Direct labor for producing each batch

cost of designing each batch Cost per batch

Overhead Charges Total Cost Total Cost No. of boxes Cost per box of stationery c.

d. 120,000 boxes of stationery No. of boxes per month Sales price per box Sales Cost of Goods Sold Gross Margin Gross Margin (120,000 boxes) Gross Margin (80,000 boxes) Excess of Gross Margin of 120,000 boxes over 80,000 boxes Boxes Excess of Sales price per box(120,000 boxes) 120,000 boxes of stationery Sales price per box Excess in Sales Price to equate with Gross Margin of 80,000 boxes Should be price per box

No. of boxes per month Sales price per box Sales Cost of Goods Sold Gross Margin

e. No. By producing more boxes per batch, PlumView Printers would also incur higher Cost of paper, Cost of ink and glue, Cost of gold boxes, direct labor and cost of designing per batch which will not result to lower cost.

49. LO.4-LO.7 (Cost Flows; CGM; CGS) Case 1 Sales Direct Materials Used Direct Labor Prime Cost Conversion Cost Manufacturing Overhead Cost of Goods Manufactured Beginning Work In Process Inventory Ending Work In Process Inventory Beginning Finished Goods Inventory Ending Finished Goods Inventory Cost of Goods Sold Gross Profit Operating Expenses Net Income 9,300 1,200 2,500 3,700 4,800 6,200 500

1,200 3500 2200

Solutions: CASE 1 Sales Cost of Goods Sold Gross Margin Operating Expenses Income from Operations

Beginning Work In Process Inventory Manufacturing Costs for the Period Direct Materials Used Direct Labor Manufacturing Overhead Total Costs to account for Ending Work In Process Inventory

1,200 2,500 2,300

Cost of Goods Manufactured

Beginning Finished Goods Inventory Cost of Goods Manufactured Cost of Goods Available for Sale Ending Finished Goods Inventory Cost of Goods Sold

CASE 2 Sales Cost of Goods Sold Gross Margin Operating Expenses Income from Operations 19700 12200 7500 3500 4000

Beginning Work In Process Inventory Manufacturing Costs for the Period Direct Materials Used Direct Labor Manufacturing Overhead Total Costs to account for Ending Work In Process Inventory Cost of Goods Manufactured

6,100 4,900 3300

Beginning Finished Goods Inventory Cost of Goods Manufactured Cost of Goods Available for Sale Ending Finished Goods Inventory Cost of Goods Sold

1900 14000 15900 3700 12200

CASE 3 Sales Cost of Goods Sold Gross Margin Operating Expenses Income from Operations

Beginning Work In Process Inventory

Manufacturing Costs for the Period Direct Materials Used Direct Labor Manufacturing Overhead Total Costs to account for Ending Work In Process Inventory Cost of Goods Manufactured

Beginning Finished Goods Inventory Cost of Goods Manufactured Cost of Goods Available for Sale Ending Finished Goods Inventory Cost of Goods Sold

Fixed Direct

Indirect

Period

Product

80,000 500 160 10,000 1,000 32,000 16,000 20,000 79,000 160 12640000 408,000 13,048,000 13,048,000 80,000 163.1

boxes boxes/batch batches

batches

120,000 500 240

10,000 1,000 32,000 16,000

20,000 79,000 240 batches 18960000 408,000 19,368,000 19,368,000 120,000 161.4

120,000 195 23400000 19368000 4032000 4032000 2552000 1480000 120,000 12.33333333

not equal to

80,000 boxes of stationery No. of boxes per month Sales price per box Sales Cost of Goods Sold Gross Margin

195 12.33333333 182.6666667

120,000 182.6666667 21920000 19368000 2552000 is equal to

No. of boxes per month Sales price per box Sales Cost of Goods Sold Gross Margin

s would also result to lower cost.

Case 2 19700 6,100 4900 11000 8200 3300 14000 900 1200 1900 3700 12200 7500 3500 4000

Case 3 112000 18200 32100 50300 49300 17200 5600 4200 7600 72200 18000

9,300

2200

500

6,000 6,500 300

6,200

6,200 1,200

900

14300 15200 1200 14000

112000

es of stationery es per month

80,000 x 195 15600000 13048000 2552000

es per month

80,000 x 195 15600000 13048000 2552000