Ch 4 Cost-Volume-Profit Analysis w assignments - Traditional Format vs Contribution Format Income Statement Inputs Traditional Format of Units Sold

Traditional Format vs. Contribution Format Income Statement Inputs Traditional Format Contribution Format Total Per Unit % # of Units Sold: 1,000 Sales $100,000 Sales $100,000 $100.00 100.00% Cost of Goods Sold 75,000 Variable Costs 70,000 $70.00 70.00% Selling Price / Unit: $100 Gross Margin $25,000 Contribution Margin $30,000 $30.00 30.00% Selling & Administrative 16,000 Fixed Cost 21,000 Direct Materials / Unit $22 Operating Income $9,000 Operating Income $9,000 Direct Labor / Unit $30 Direct Materials $22,000 Direct Materials $22,000 Variable MOH / Unit $5 Direct Labor 30,000 Direct Labor 30,000 Variable Manufacturing OH 5,000 Variable Manufacturing OH 5,000 Variable Selling & Administrative $13 Fixed Manufacturing OH 18,000 Variable Selling and Admin. 13,000 Cost of Good Sold $75,000 Total Variable Cost $70,000 Fixed Manufacturing OH $18,000 Fixed Selling & Administrative $3,000 Variable Selling & Administrative $13,000 Fixed Manufacturing Overhead $18,000 Fixed Selling & Administrative 3,000 Fixed Selling & Administrative 3,000 Total Selling & Administrative $16,000 Total Fixed Cost $21,000

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Assignment 1 Inputs Traditional Format Contribution Format Total Per Unit % # of Units Sold: 1,000 Sales $100,000 Sales 100.00% Cost of Goods Sold 75,000 Variable Costs Selling Price / Unit: 100 Gross Margin $25,000 Contribution Margin Selling & Administrative 16,000 Fixed Cost Direct Materials / Unit 22 Operating Income $9,000 Operating Income Direct Labor / Unit 30 Direct Materials $22,000 Direct Materials Variable MOH / Unit 5 Direct Labor 30,000 Direct Labor Variable Manufacturing OH 5,000 Variable Manufacturing OH Variable Selling & Administrative 13