Drinko Sdn Bhd is the producer of a medicinal drink made from a mixed of 2 ingredients.
Question:
Drinko Sdn Bhd is the producer of a medicinal drink made from a mixed of 2 ingredients. The following is data that have been collected prior to the production in the beginning of 2021.
Direct materials (Per unit product) | Kg | Rm |
X3T9 | 2.00 | 1.00 |
Q2J6 | 1.00 | 4.00 |
Direct labour | Hours | Rate |
Direct labour Cost | 4.00 | 4.00 |
Variable Overheads | DLH | Rate |
Variable overheads: (per direct labour hour) | 4.00 | 2.00 |
Fixed Cost: (per direct labour hour) | 4.00 | 5.00 |
Calculate the Standard Variable Cost Per Unit for each of the manufacturing cost.
Standard Variable Cost Per Unit | |
Direct Materials | |
X3T9 | |
Q2J6 | |
Direct Labour | |
Variable Overhead | |
Total Standard Variable Cost Per Unit |
The company have budgeted the sales to be 20,000 units. Prepare the income statement for the company by completing the Table below:
Unit | Price | Total | Per Unit | |
Sales | 20,000 | 60.00 | ||
Direct Materials | Kg | Cost | ||
X3T9 | 40,000.00 | 1.00 | ||
Q2J6 | 20,000.00 | 4.00 | ||
Total Materials | ||||
DLH | Rate | |||
Direct Labour | 80,000.00 | 4.00 | ||
Variable Overhead | 80,000.00 | 2.00 | ||
Total variable | ||||
Contribution Margin | ||||
Fixed Overhead Cost | ||||
Profit |
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ISBN: 978-0136103769
9th edition
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