Ex.8: The following data were extracted from a records an industrial company in 31/12/2005: 1- Beginning finished goods inventory 500 units, Ending finished goods inventory 1000 units, Production volume 2500 units. 2- Variable cost per unit: - Direct manufacturing $50, Manufacturing overhead $25, Marketing $15. 3- Total fixed costs: - Manufacturing overhead $100000, Marketing $50000, Administrative $150000. 4- In the year 2006, the production will increase to became 3000 units, and the sales volume will be 3500 units at selling price $200 per unit. Required: - Prepare the costs & income statements according to the full & variable costing methods for the year 2006.
Ex.8: The following data were extracted from a records an industrial company in 31/12/2005: 1- Beginning finished goods inventory 500 units, Ending finished goods inventory 1000 units, Production volume 2500 units. 2- Variable cost per unit: - Direct manufacturing $50, Manufacturing overhead $25, Marketing $15. 3- Total fixed costs: - Manufacturing overhead $100000, Marketing $50000, Administrative $150000. 4- In the year 2006, the production will increase to became 3000 units, and the sales volume will be 3500 units at selling price $200 per unit. Required: - Prepare the costs & income statements according to the full & variable costing methods for the year 2006.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter18: Pricing And Profitability Analysis
Section: Chapter Questions
Problem 28P: The following information pertains to Vladamir, Inc., for last year: There are no work-in-process...
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