23 Sales Projections in Units#JanuaryFebruaryMarch5678914150 Projected Sales Price/Unit$1112 Monthly Projected Selling & Administrative Expenses1316177 18 9 20 21 2 23 24 25 25 27 28 29 20 31 2 33 4 5 36 37 38 391922AprilMay20 Materials32Variable Cost/UnitFixed Costs34Production:35Desired Ending InventoryBeginning26 Direct LaborInventory (new business)Desired Ending InventoryNumber of Materials per UnitProjected Cost/Material UnitBeginning Inventory (new business)30 Manufacturing OverheadVariable Cost/UnitFixed CostsTime per Unit (in hours)per HourCost21,94528,615$42,94854,52634,817$12.00$ 2,662.00$$206.0052.6%081.0%07.05.001.00$ 16.005.003,909 381011129 Purchased141516Units to be producedMaterial/Unit17Total Production NeedDesired Ending InventoryTotal Materials NeededBeginning InventoryTotal Materials Needed to beCost per Unit of MaterialTotal Material CostMATERIALS REQUIREMENTS BUDGETMaterial/unitCost per Unit of MaterialCost of Material per ProductJanuaryFebruaryMarchApril

Budgeting is a method of estimating expected future outcomes based on past events. Budgeting…

9 14 15 Projected Sales Price/Unit $ 1 2 Monthly Projected Selling & Administrative Expenses 13 16 17 Sales Projections in Units January February March April May 21 22 18 19 20 Materials 23 24 25 28 29 32 88 ल Variable Cost/Unit Fixed Costs 26 Direct Labor 27 Production: 33 Desired Ending Inventory Beginning Inventory (new business) 34 30 Manufacturing Overhead 31 Variable Cost/Unit Fixed Costs Desired Ending Inventory Number of Materials per Unit Projected Cost/Material Unit Beginning Inventory (new business) Time per Unit (in hours) Cost per Hour $ 21,945 28,615 42,948 54,526 34,817 $ 12.00 $ 2,662.00 $ 206.00 $ $ 52.6% 0 81.0% 0 7.0 5.00 1.00 16.00 5.00 3,909

9 14 15 Projected Sales Price/Unit $ 1 2 Monthly Projected Selling & Administrative Expenses 13 16 17 Sales Projections in Units January February March April May 21 22 18 19 20 Materials 23 24 25 28 29 32 88 ल Variable Cost/Unit Fixed Costs 26 Direct Labor 27 Production: 33 Desired Ending Inventory Beginning Inventory (new business) 34 30 Manufacturing Overhead 31 Variable Cost/Unit Fixed Costs Desired Ending Inventory Number of Materials per Unit Projected Cost/Material Unit Beginning Inventory (new business) Time per Unit (in hours) Cost per Hour $ 21,945 28,615 42,948 54,526 34,817 $ 12.00 $ 2,662.00 $ 206.00 $ $ 52.6% 0 81.0% 0 7.0 5.00 1.00 16.00 5.00 3,909

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 4CE: Refer to Cornerstone Exercise 18.3. Required: 1. Calculate the cost of each unit using variable...

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Sales Projections in Units January February March 18 10 Projected Sales Price/Unit $ 12 Monthly Projected Selling & Administrative Expenses 13 $ 12.00 14 $ 2,662.00 16 Production: 17 23 April May 20 Materials 21 22 Variable Cost/Unit Fixed Costs 3 24 25 26 Direct Labor 27 5 Desired Ending Inventory Beginning Inventory (new business) 12 28 29 30 Manufacturing Overhead 31 Variable Cost/Unit Fixed Costs 13 Desired Ending Inventory Number of Materials per Unit Projected Cost/Material Unit Beginning Inventory (new business) Show Transcribed Text Time per Unit (in hours) Cost per Hour Number of Units Produced Direct Labor Hours/Unit Total Direct Labor Hours Needed Cost/Direct Labor Hour Total Direct Labor Cost $ Direct Labor Hours/Unit Cost/Direct Labor Hour Cost of Direct Labor per Product $ 21,945 28,615 42,948 54,526 34,817 J 206.00 52.6% 0 81.0% 0 7.0 5.00 1.00 16.00 $ 5.00 $ 3,909 C с DIRECT LABOR BUDGET January February D March
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