options for the blank boxes
Solution
Calculation of cost per unit Particulars Cost per unit Direct Material 1.5 Direct Labor ($7/60minutes) X 30minutes 3.5 Variable Manufacturing Overhead 0.3 Fixed Manufacturing Overhead ($6,900/4112 units) 1.678015564 Product Cost per unit 6.978015564 Calculation of Ending inventory units and units produced Months Sales units (A) Ending Inventory units (B) Units Produced(A+B) March 270 108 378 April 270 120 390 May 300 164 464 June 410 156 566 July 390 0 390 Note: Ending inventory units is 40% of next month sales IGUANA INC Bugdeted Income Statement For the Quarter Ending June Particulars April May June 2nd Quarter Total Budgeted Sales Revenue (Sales units X Sales per unit) 6,210.00 6,900.00 9,430.00 22,540.00 Less: Budgeted Cost of Goods Sold: Beginning Inventory 754.92 838.80 1,146.36 Add: Cost of goods available for sale (cost per unit X units Produced) 2,726.10 1,146.36 1,090.44 Less: Ending Inventory (cost per unit X Ending inventory units) 838.80 1,146.36 1,090.44 Budgeted Cost of Goods Sold 2,642.22 838.80 1,146.36 0.00 Budgeted Gross margin 3,567.78 6,061.20 8,283.64 22,540.00 Less: Budgeted Selling and administrative expenses Fixed 575 575 575 1,725.00 Variable 135 150 205 490 Net operating Income 2,857.78 5,336.20 7,503.64 20,325.00 Note: Beginning Inventory is last month ending inventory
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TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
options for the blank boxesSolution Calculation of cost per unit.docx
1. options for the blank boxes
Solution
Calculation of cost per unit Particulars Cost per unit Direct Material 1.5 Direct Labor
($7/60minutes) X 30minutes 3.5 Variable Manufacturing Overhead 0.3 Fixed Manufacturing
Overhead ($6,900/4112 units) 1.678015564 Product Cost per unit 6.978015564 Calculation of
Ending inventory units and units produced Months Sales units (A) Ending Inventory units (B)
Units Produced(A+B) March 270 108 378 April 270 120 390 May 300 164 464 June 410 156
566 July 390 0 390 Note: Ending inventory units is 40% of next month sales IGUANA INC
Bugdeted Income Statement For the Quarter Ending June Particulars April May June 2nd
Quarter Total Budgeted Sales Revenue (Sales units X Sales per unit) 6,210.00 6,900.00 9,430.00
22,540.00 Less: Budgeted Cost of Goods Sold: Beginning Inventory 754.92 838.80 1,146.36
Add: Cost of goods available for sale (cost per unit X units Produced) 2,726.10 1,146.36
1,090.44 Less: Ending Inventory (cost per unit X Ending inventory units) 838.80 1,146.36
1,090.44 Budgeted Cost of Goods Sold 2,642.22 838.80 1,146.36 0.00 Budgeted Gross margin
3,567.78 6,061.20 8,283.64 22,540.00 Less: Budgeted Selling and administrative expenses Fixed
575 575 575 1,725.00 Variable 135 150 205 490 Net operating Income 2,857.78 5,336.20
7,503.64 20,325.00 Note: Beginning Inventory is last month ending inventory
