Ask a question to Desklib · AI bot

Ask NowBETA

Cost Accounting- Doc

6 Pages749 Words358 Views
   

Added on  2019-09-30

BookmarkShareRelated Documents
COST ACCOUNTING
Cost Accounting- Doc_1
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
Cost Accounting- Doc_3

Found this document preview useful?

Related Documents
Management Accounting: Costing, Break Even, Overhead Rates, Journal Entries
|16
|1670
|424

Managerial Accounting
|13
|1435
|143

Develop and Manage a Budget
|21
|2632
|37

BUDGETING. 7. : BUDGETING. 1. BUDGETING. SALES BUDGET.
|8
|1147
|69

Managing Financial Resources: Calculation of Prime Cost, Production Cost, Sales/Distribution Cost and Total Cost
|11
|2664
|243

The variable costs are raw materials
|11
|1342
|16