ACC310_Week3_Assignment

ACC310_Week3_Assignment - PickleMotorcycles,Inc...

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Pickle Motorcycles, Inc. Income Statement Route 66 Main Street Alley Cat Sales $7,600,000 $11,200,000 $9,500,000 Direct Costs      Direct Materials 3,000,000 4,800,000 4,000,000      Direct Labor 288,000 480,000 1,080,000 Variable Overhead 939,600 1,503,360 2,255,040 Contribution Margin $3,372,400 $4,416,640 $2,164,960 Fixed Overhead      Plant Administration      Other Fixed Overhead Calculation for Variable Overhead: $4,698,000 ÷ 50,000 hours = $93.96 per mach Rt. 66: $93.96 x 10,000 = $939,600 MS: $93.96 x 16,000 = $1,503,360 AC: $93.96 x 24,000 = $2,255,040
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Total $28,300,000 11,800,000 1,848,000 4,698,000 $9,954,000 1,760,000 2,800,000 $5,394,000 hine hour
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Pickle Motorcycles, Inc. Income Statement Route 66 Main Street Alley Cat Sales $7,600,000 $11,200,000 $9,500,000 Direct Costs      Direct Materials 3,000,000 4,800,000 4,000,000      Direct Labor 288,000 480,000 1,080,000 Variable Overhead      Machine Setup 102,960
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ACC310_Week3_Assignment - PickleMotorcycles,Inc...

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