Homework Answers
1. Cost Plus Price using direct costing method
In direct costing method , only variable Manufacturing cost are assigned to inventory.
Direct material Cost (52300/40000) = $ 1.3075
Direct Labour (171900/40000) = $ 4.2975
Variable Manufacturing Overhead (83500/40000) = $ 2.0875
Total Cost = $ 7.6925
Total selling price = 7.6925(1+15%) = $ 8.85
2. Absorption Costing Method
In Absorption Costing Method , Fixed cost are also apportioned and selling and administrative expenses are not included
Direct material Cost (52300/40000) = $ 1.3075
Direct Labour (171900/40000) = $ 4.2975
Variable Overhead (83500/40000) = $ 2.0875
Fixed Manufacturing exp(240000/40000) = $ 6
Total cost = $ 13.6925
Total selling price = 13.6925(1+15%) = $ 15.75
3. Full Product cost method
In full cost method , total manufacturing cost is taken
Direct material Cost (52300/40000) = $ 1.3075
Direct Labour (171900/40000) = $ 4.2975
Variable Manufacturing Overhead (83500/40000) = $ 2.0875
Variable selling Expenses (23000/40000) = $ 0.575
Fixed Manufacturing Expenses (240000/40000) = $ 6
Fixed Administration Expenses(190000/40000) = $ 4.75
Total Cost = $ 19.0175
Total selling price = 19.0175(1+15%) = $ 21.87
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JUUUTOCLULV Uveredu Variable 30,000 Fixed 50,000 Selling and administrative expenses: Variable 20,000 Fixed 30,000 Compute the...
1)Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative...
1)Compute the cost per unit of the fixed manufacturing overhead
and the fixed selling and administrative expenses.
2) Compute the desired ROI per unit. (Round answers to 0 decimal
places.)
3) Compute the target selling price.
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2) Compute the desired ROI per unit. (Round answers to 0 decimal
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