neeed to know ch 5 Flashcards
line direct mats
required production
+add desired units of end
-units of beg
direct labor budget first line
required production in units
first lines manufacturing overhead
budgeted directed labor hours
-depreciation
how to find predetermiend overhead rate
total manufacturing overhead/budgeted labor hours
S&A lines
budgeted unit sales
variable expenses (insurance, ads, etc)
-deprecations
for the cash budget, for the year colum, do you take the last quarters ending cash balance
NOOOO u use the begiining cash balance from the 1st quarter again
how to find avg cost per cup of coffee ex (what do u / by what)
total cost/ cups of coffee served
ncremental manufacturing cost incurred if the company increases production from 20,000 to 20,001 units?
same amt as all the variable Manufacturing besided fixed is added up
incremental cost incurred if the company increases production and sales
same amt as all the variable Manufacturing besided fixed is added up + sales commissions + variable admin
ncremental selling and administrative cost per unit is incurred to sell these units to the customer?
sales commision
+ vairable admin expense
raw materials -how to find cost and what does it appear on
balance sheet
batteries purc - batteries withdrawn)
X
cost of battery
work in process -how to find cost and what does it appear on
balance sheet
(amt being produced X amt that remains unfinished) X cost of battery
finished goods-how to find cost and what does it appear on
remaining batteries X % completed=z
z X % unsold=n
n X cost of battery
cogs-how to find cost and what does it appear on
income statement
amt being produce X % completed=z
z X % sold (100%-unsold %)=d
d X cost of battery
selling expense-how to find cost and what does it appear on
amt used to replace sales X cost
