buad 305cgm

buad 305cgm - Dorilane Company Schedule of Cost of Goods...

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Unformatted text preview: Dorilane Company Schedule of Cost of Goods Manufactured 12/31/07 Units Produced: 2,000 Total Unit Direct Material V 94,000 47.00 Direct Labor V 118,000 59.00 Manufacturing Overhead: Supervision F 40,000 20.00 Lease Costs F 12,000 6.00 Depreciation F 10,000 5.00 Insurance F 2,500 1.25 Indirect Materials V 6,000 3.00 Property Taxes F 3,500 1.75 Utilities F 20,000 10.00 Total Mgft Ovhd. 94,000 47.00 Cost of Goods Manufactured 306,000 153.00 Dorilane Company Balance Sheet 12/31/06 Inventory 0.00 Dorilane Company Income Statement 12/31/06 Units Sold 2,000 Total Unit Sales 500,000 250.00 CGS 306,000 153.00 Gross Profit 194,000 97.00 Operating Ex Office Salaries 60,000 30.00 Sales Comm. 80,000 40.00 Depr. O.E. 4,000 2.00 Advertising 50,000 25.00 Office Supplies 3,000 1.50 Total Op. Expense 197,000 98.50 Net Income: (3,000) (1.50) 2a. Dorilane Company Schedule of Cost of Goods Manufactured 12/31/07 Units Produced: 2,500 Total Unit Direct Material V 117,500 47.00 Direct Labor V 147,500 59.00 Manufacturing Overhead: Supervision F 40,000 16.00 Lease Costs F 12,000 4.80 Depreciation F 10,000 4.00 Insurance F 2,500 1.00 Indirect Materials V 7,500 3.00 Property Taxes F 3,500 1.40 Utilities F 20,000 8.00 Total Mgft Ovhd. 95,500 38.20 Cost of Goods Manufactured 360,500 144.20 2a. Dorilane Company Balance Sheet 12/31/06 Inventory 0.00 2a. Dorilane Company Income Statement 12/31/06 Units Sold 2,500 Total Unit Sales 500,000 250.00 CGS 360,500 153.00 Gross Profit 194,000 97.00 Operating Ex Office Salaries 60,000 30.00 Sales Comm. 80,000 40.00 Depr. O.E. 4,000 2.00 Advertising 50,000 25.00 Office Supplies 3,000 1.50 Total Op. Expense 197,000 98.50 Net Income (3,000) (1.50) 2b. Dorilane Company Schedule of Cost of Goods Manufactured 12/31/07 Units Produced: 2,500 Total Unit Direct Material V 117,500 47.00 Direct Labor V 147,500...
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This homework help was uploaded on 02/23/2008 for the course BUAD 305 taught by Professor Davila during the Fall '07 term at USC.

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buad 305cgm - Dorilane Company Schedule of Cost of Goods...

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