The Rucksack Company is a well-known manufacturer of high-quality backpacks made out of real leather. The...
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The Rucksack Company is a well-known manufacturer of high-quality backpacks made out of real leather. The company offers a model for men and one for women (see pictures). The data for both editions for Q1-202X is as follows: A- male edition B- female edition manufactured volume 350 units 470 units sold volume sales price (net VAT) 300 units 280 units 500 €/unit 600 €/unit production costs (full) 250 €/unit 350 €/unit production costs (variable) 200 €/unit 250 €/unit Administration costs in the quarter were € 50.000, while the sales costs in this period amounted to € 40.000. All of these costs are fixed. Assignments: Determine the operating profit or loss for the period by using the 1. total cost format under adsorption costing, [9 points] 2. sales type format under adsorption costing, [7 points] 3. total cost format under variable costing [8 points] and 4. sales type format under variable costing. [6 points] 5. Under which conditions will absorption costing and variable costing lead to the same overall results? [6 points] The Rucksack Company is a well-known manufacturer of high-quality backpacks made out of real leather. The company offers a model for men and one for women (see pictures). The data for both editions for Q1-202X is as follows: A- male edition B- female edition manufactured volume 350 units 470 units sold volume sales price (net VAT) 300 units 280 units 500 €/unit 600 €/unit production costs (full) 250 €/unit 350 €/unit production costs (variable) 200 €/unit 250 €/unit Administration costs in the quarter were € 50.000, while the sales costs in this period amounted to € 40.000. All of these costs are fixed. Assignments: Determine the operating profit or loss for the period by using the 1. total cost format under adsorption costing, [9 points] 2. sales type format under adsorption costing, [7 points] 3. total cost format under variable costing [8 points] and 4. sales type format under variable costing. [6 points] 5. Under which conditions will absorption costing and variable costing lead to the same overall results? [6 points]
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Calculation of Operating Profit of Loss 1 Total Cost Format under absorption Costing Particulars Uni... View the full answer
Related Book For
Statistics for Business Decision Making and Analysis
ISBN: 978-0321890269
2nd edition
Authors: Robert Stine, Dean Foster
Posted Date:
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