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Cost Accounting- Doc

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Added on  2019-09-30

Cost Accounting- Doc

   Added on 2019-09-30

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COST ACCOUNTING
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Cost AccountingTable of ContentsQuestion 1..................................................................................................................................2Question 2-A..............................................................................................................................2Question 2-B..............................................................................................................................3Question 3..................................................................................................................................3Question 4..................................................................................................................................4Question 5..................................................................................................................................4Question 6..................................................................................................................................51
Cost Accounting- Doc_2
Cost AccountingQuestion 1Particulars$/unit$$Sales (45000 units)10450000less: Variable Cost Direct Material2.0090000 Direct Labor1.7478300 Variable Manufacturing Overhead0.3013500 Sales Commission0.6027000 Shipping0.125400 Billing and others0.041800216000Contribution5.20234000less: Fixed Cost Fixed Manufacturing Overhead85000 Selling Expense (Advertising, Salaries)120000 Administrative Expense (Salaries and other)48000253000Net Profit/(Loss)(0.42)(19000)Question 2-AParticulars$/unit$$Sales (75000 units)8600000less: Variable Cost Direct Material2.00150000 Direct Labor1.74130500 Variable Manufacturing Overhead0.3022500 Sales Commission0.8036000 Shipping0.129000 Billing and others0.043000351000Contribution3.32249000 less: Fixed Cost Fixed Manufacturing Overhead85000 Selling Expense (Advertising, Salaries)120000 Administrative Expense (Salaries and other)48000253000Net Profit/(Loss)(0.05)(4000)The loss under Vice President’s proposal will be $4000.2
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