Use the following data to prepare the budgets for the sales/production levels of 10,000, 11,000, and...

 

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Use the following data to prepare the budgets for the sales/production levels of 10,000, 11,000, and 12,000 units. Show the contribution margin and operating income at each activity level. (15 marks) Sales price RM24 per unit Variable costs: Manufacturing RM12 per unit Administrative RM 3 per unit Selling RM 1 per unit Fixed costs: RM Manufacturing 60,000 Administrative 20,000 Question 5 a. The president of a company has come to you for help. Use the following data to prepare a flexible budget for possible sales/production levels of 10,000, 11,000, and 12,000 units. Show the contribution margin and operating income at each activity level. (15 marks) Sales price Variable costs: Manufacturing RM12 per unit Administrative RM 3 per unit Selling RM24 per unit RM 1 per unit Fixed costs: Manufacturing Administrative RM 60,000 20,000 ...5A b. Vipin Deco manufactures curtains. A certain window requires the following: Direct materials standard Direct manufacturing labour standard 10 square metres at RM5 per metre 5 hours at RM10 During the second quarter, the company made 1,500 curtains and used 14,000 square metres of fabric costing RM68,600. Direct labour totalled 7,600 hours for RM79,800. Required: i. Compute the direct materials price and efficiency variances for the quarter. (9 marks) ii. Compute the direct manufacturing labour rate and efficiency variances for the quarter. (6 marks) Use the following data to prepare the budgets for the sales/production levels of 10,000, 11,000, and 12,000 units. Show the contribution margin and operating income at each activity level. (15 marks) Sales price RM24 per unit Variable costs: Manufacturing RM12 per unit Administrative RM 3 per unit Selling RM 1 per unit Fixed costs: RM Manufacturing 60,000 Administrative 20,000 Question 5 a. The president of a company has come to you for help. Use the following data to prepare a flexible budget for possible sales/production levels of 10,000, 11,000, and 12,000 units. Show the contribution margin and operating income at each activity level. (15 marks) Sales price Variable costs: Manufacturing RM12 per unit Administrative RM 3 per unit Selling RM24 per unit RM 1 per unit Fixed costs: Manufacturing Administrative RM 60,000 20,000 ...5A b. Vipin Deco manufactures curtains. A certain window requires the following: Direct materials standard Direct manufacturing labour standard 10 square metres at RM5 per metre 5 hours at RM10 During the second quarter, the company made 1,500 curtains and used 14,000 square metres of fabric costing RM68,600. Direct labour totalled 7,600 hours for RM79,800. Required: i. Compute the direct materials price and efficiency variances for the quarter. (9 marks) ii. Compute the direct manufacturing labour rate and efficiency variances for the quarter. (6 marks)

Answer rating: 100% (QA)

explanation Variable Costing Income Statement Particulars 10000 Units 11000 Units 12000 Units Sales ... View the full answer