Forecast Information Actual Results Sales Volume (units) 4,500 Sales Volume (units) 7,200 Sales Price per unit 300.00
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Forecast Information | Actual Results | |||||||||||
Sales Volume (units) | 4,500 | Sales Volume (units) | 7,200 | |||||||||
Sales Price per unit | 300.00 | Sales Revenue | 2,340,000 | |||||||||
Standard Costs | ||||||||||||
Materials | Materials | |||||||||||
Kilograms per output unit | 70.0 | Kilograms used | 540,000 | |||||||||
Cost per kilogram | 1.00 | Total cost of materials | 486,000 | |||||||||
Labor | Labor | |||||||||||
Hours per output unit | 6.0 | Hours used | 46,800 | |||||||||
Cost per hour | 15.00 | Total cost of labor | 748,800 | |||||||||
Variable overhead | Variable overhead | |||||||||||
Cost per labor hour | 7.50 | Total incurred | 374,400 | |||||||||
Sales commission rate per unit | 15.00 | Sales commissions | 106,000 | |||||||||
Contribution Margin per unit | X | |||||||||||
Fixed overhead | Fixed overhead | |||||||||||
Manufacturing | 125,000 | Manufacturing | 135,000 | |||||||||
Selling and administration | 22,500 | Selling and administration | 24,000 | |||||||||
FFOH Burden rate per labor hour | 4.360 | |||||||||||
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-1259565403
5th edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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