The Foundational 15

1.

Direct materials

Direct Labor

Variable manufacturing overhead ____

Amount per Unit

Variable manufacturing cost per unit ____

Direct Materials

$ 6.00

Direct labor

$ 3.50

Variable manufacturing cost per unit

Variable manufacturing overhead

$ 1.50

Number of units produced

Fixed manufacturing overhead

$ 4.00

Total variable manufacturing cost

Fixed selling expense

$ 3.00

Fixed manufacturing overhead per unit

Fixed administrative expense

$ 2.00

Number of units produced

Sales commissions

$ 1.00

Total fixed manufacturing cost

____

Variable administrative expense

$ 0.50

Total product (manufacturing) cost ____

2.

Sales commission

Variable administrative expense

____

Variable selling and administrative per unit ____

Varible selling and admin. Per unit

Number of units sold

Total variable selling and admin. Expense

Fixed selling and administrative expense per

unit ($X fixed selling + $X fixed admin)

Number of units sold

Total fixed selling and administrative

expense ____

Total period (nonmanufacturing) cost ____

3.

Direct materials

Direct labor

Variable manufacturing overhead

Sales commissions

Variable administrative expense

____

Variable cost per unit sold

____

4.

Direct materials

Direct Labor

Variable manufacturing overhead

Sales commissions

Variable administrative expense

____

Variable cost per unit sold

____

5.

Variable cost per unit sold

Number of units sold

Total variable costs

6.

Variable cost per unit sold

Number of units sold

Total variable costs

7.

Total fixed manufacturing cost

Number of units produced

Average fixed manufacturing cost

per unit produced

8.

Total fixed manufacturing cost

Number of units produced

Average fixed manufacturing cost

per unit produced

9.

Total fixed manufacturing cost

10.

Total fixed manufacturing cost

11.

Variable overhead per unit

Number of units produced

Total variable overhead cost

Total fixed overhead

____

Total manufacturing overhead cost ____

Total manufacturing overhead cost

Number of units produced

Manufacturing overhead per unit

12.

Variable overhead per unit

Number of units produced

Total variable overhead cost

Total fixed overhead

____

Total manufacturing overhead cost ____

Total manufacturing overhead cost

Number of units produced

Manufacturing overhead per unit

13.

Selling price per unit

Variable cost per unit sold

Contribution margin per unit

____

14.

Direct materials per unit

Direct labor per unit ____

Direct manufacturing cost per unit ____

Number of units produced

Total direct manufacturing cost

Variable overhead per unit

Number of units produced

Total variable overhead cost

Total fixed overhead

____

Total indirect manufacturing cost ____

15.

Direct materials per unit

Direct labor per unit

Variable manufacturing overhead per unit ____

Incremential manufacturing cost per unit ____

Should be completed in Excel, each within its own tab in the Excel workbook.