Budgeted income statement | |||||
For the month of november | |||||
Sale revenue (600*110%*640*90%) | 380160 | ||||
less: manufacturing cost | |||||
variable cost (600*110%*45*102%) | 30294 | ||||
depreciation | 25700 | ||||
marketing & administrative cost | |||||
Fixed cost (66300*105%) | 69615 | ||||
depreciation | 23200 | ||||
Total cost | 148809 | ||||
operating profit | 231351 |
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The following information is available for year 1 for Pepper
Products:
Sales revenue (240,000 units)
$
3,840,000
Manufacturing costs
Materials
$
226,000
Variable cash costs
192,000
Fixed cash costs
442,000
Depreciation (fixed)
1,348,000
Marketing and administrative costs
Marketing (variable, cash)
570,000
Marketing depreciation
202,000
Administrative (fixed, cash)
687,000
Administrative depreciation
101,000
Total costs
$
3,768,000
Operating profits
$
72,000
All depreciation charges are fixed and are expected to remain the
same for year 2. Sales volume is expected...