Breeden Company RC1 Monthly Budget 10000 units $20.00 RC2 Monthly Budget 5000 units $23.00 Annual Budget...

 

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Breeden Company RC1 Monthly Budget 10000 units $20.00 RC2 Monthly Budget 5000 units $23.00 Annual Budget 120000 units Annual Budget 60000 units Produce and sell Selling price per unit Manufacturing cost: Parts per unit Direct labor Manufacturing Overhead Overhead cost per unit Manufacturing cost per unit $5.50 $3.50 200% of D.L $8.40 $4.20 200% of D.L. 200% of D.L Manufacturing overhead: Supples Occupancy (utilities, rent, maint.) Equipment maintenance Equipment depreciation Quality cont. & prodection eng. Manufacturing administration Total Company $21,000 15000 17000 8000 15000 36000 $112,000 Variable Fixed Fixed Fixed Fixed Flxed $40.000 Fixed Selling & administrative 1 Prepare an annual budget for the Breeden Company 2. Prepare a monthly and annual budget for each product as supporting schedules. 3. Assuming that supplies is variable in relation to units and selling and adminitrative is fixed, what is the contribution margin for each product 4. What is the break-even poinf in units and dollars, assuming a ratio of two RC15 are sold for each RC2 5. What level of sales would provide a target income of $210,000 for Breeden for the year 6. What would be the manufacturing cost for each product, and profit for the company if they made and sold 8000 RC1 and 4000 RC2. Breeden Company RC1 Monthly Budget 10000 units $20.00 RC2 Monthly Budget 5000 units $23.00 Annual Budget 120000 units Annual Budget 60000 units Produce and sell Selling price per unit Manufacturing cost: Parts per unit Direct labor Manufacturing Overhead Overhead cost per unit Manufacturing cost per unit $5.50 $3.50 200% of D.L $8.40 $4.20 200% of D.L. 200% of D.L Manufacturing overhead: Supples Occupancy (utilities, rent, maint.) Equipment maintenance Equipment depreciation Quality cont. & prodection eng. Manufacturing administration Total Company $21,000 15000 17000 8000 15000 36000 $112,000 Variable Fixed Fixed Fixed Fixed Flxed $40.000 Fixed Selling & administrative 1 Prepare an annual budget for the Breeden Company 2. Prepare a monthly and annual budget for each product as supporting schedules. 3. Assuming that supplies is variable in relation to units and selling and adminitrative is fixed, what is the contribution margin for each product 4. What is the break-even poinf in units and dollars, assuming a ratio of two RC15 are sold for each RC2 5. What level of sales would provide a target income of $210,000 for Breeden for the year 6. What would be the manufacturing cost for each product, and profit for the company if they made and sold 8000 RC1 and 4000 RC2.

Answer rating: 100% (QA)

Breeden Company 1 3780000 3060000 720000 Sales less cost of goods sold Gross pr... View the full answer