final - Production units 8,000 Pounds of Zinses per Zyklon...

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3. Raw Materials WIP Beginning Balance $35,000 Raw Materials $30,000 Transfer to WIP $30,000 Direct Labor $40,000 Ending Balance $5,000 Indirect Labor $20,000 Overhead $40,000 Total Manufacturing Costs $130,000 Total Manufacturing O/H $60,000 9. Forecasted Sales for Product A 500,000 Direct materials for A $1,625,000 Direct labor for A $750,000 Overhead:Unit level for A $675,000 Total Cost for Product A $3,050,000 Total Cost per Unit for A $6.10 12. Total Per Unit Sales revenue (10,000 units) 400,000 $40 Less variable expenses 300,000 $30 Contribution margin 100,000 $10 Less fixed expenses 120,000 Breakeven Sales Volume in Units = Total Fixed Costs ÷ Unit Contribution Margin Fixed Costs $120,000 = 12,000 Breakeven in units Divided by Contribution Margin $10 13. Target Profit = Total Sales - Variable Costs - Fixed Costs Target Profit = Fixed Costs $35,000 $65,000 $100,000 80% $125,000 Total Sales Variable Costs x 20%x
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18. Expected Third Quarter
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Unformatted text preview: Production units 8,000 Pounds of Zinses per Zyklon 2 Required pounds of Zinses 16,000 Add: Desired ending inventory 2,000 Total requirements in pounds 18,000 Less: Beginning inventory 3,000 Total gallons to be purchased 15,000 pounds 19. Expected May Total production (units) 2,000 Hours per unit 1.5 Total hours required 3,000 Labor rate per hour $11 Total labor cost $31,500 20. MPV = AQ AP SP MPV = 45,000 $4 $5 (45,000) favorable Information for problems 26-28 Allocation base Shoe Clothing Automotive Totals Direct advertising costs $7,000 $10,000 $3,000 $20,000 Newspaper ad space 62% 20% 18% 100% Sales $160,000 $120,000 $120,000 $400,000 Indirect advertising costs $8,000 26. Newspaper ad space/Shoe $4,960 27. Direct advertising costs/Clothing $4,000 28. Sales/Automotive $2,400 Materials Price Variance = Actual Quantity x (Actual Price – Standard Price)...
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  • Spring '08
  • KHAN
  • Total fixed costs, total manufacturing costs, Margin Fixed Costs, indirect advertising costs, Costs Total Sales

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final - Production units 8,000 Pounds of Zinses per Zyklon...

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