Excel-15 - Exercise 15 - 5 Manufacturing Costs 1. and 2....

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Exercise 15 - 5 Manufacturing Costs 1. and 2. Direct Materials: Oak wood $50,000 Furniture parts (wheels, locks, etc.) 5,500 Total $55,500 Direct labor: Payroll - production line employees' wages $45,500 Total 45,500 Manufacturing overhead: Miscellaneous supplies (glue, saw blades, varnish, etc.) $10,000 Payroll - plant manager's salary 25,000 Building depreciation (0.75 * $28,000) 21,000 Maintenance - plant and equipment 5,000 Utilities (0.75 * $16,000) 12,000 Total 73,000 Period costs: Payroll - administrative salaries $100,000 Building depreciation (0.25 * $28,000) 7,000 Utilities (0.25 * $16,000) 4,000 Income taxes 8,500 Total 119,500 Total costs for the year $293,500
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Exercise 15 - 11 C-V-P Analysis 1. $12,000,000 fixed costs / ( $80 ticket price - $1 ticket production cost) = 151,899 tickets (rounded up) 2. $80,000,000 fixed costs / ( $80 ticket price - $1 ticket production cost) = 1,012,659 tickets (rounded up)
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Exercise 15 - 15 Product Costing and C-V-P Analysis 1. 2 hours * $120 =
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Excel-15 - Exercise 15 - 5 Manufacturing Costs 1. and 2....

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