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Summary Management accounting and corporate decision making
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Samenvatting Horngren's Cost accounting A managerial emphasis 17e druk
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Data table New customersUpgrade Customers 2) Operating incomeSelling price € 195 € 115 Units sold
variable costs € 65 € 35 Total revenu
contribution margin € 130 € 80 total variable costs
Bundle * 3 2 Constribution margin
Fixed costs € 16,500,000 Fixed costs
Operating income
1)
Breakeven point
fixed costs : Constribution margin per bundle =
€ 16,500,000 : € 550 = 30000
total * bundle = Bundle
30000 * 3 = Bundle 1 90000
30000 * 2 = Bundle 2 60000
3)
As Keyz increases its percentage of newcustomers, which have a higher contribution margin per unit than upgradecusto
* ook invullen
, New customers Upgrade CustomTotal
138000 92000 230000 *
€ 26,910,000 € 10,580,000 € 37,490,000
€ 8,970,000 € 3,220,000 € 12,190,000
€ 17,940,000 € 7,360,000 € 25,300,000
€ 16,500,000
€ 8,800,000
Breakevenpoint bundle
argin per unit than upgradecustomers, the number of bundles required to break even decreases\.
,Data Table Variable Costing Absorption Costing
Revenues € 8,900,000 € 8,900,000
Cost of goods sold (at standard costs) € 4,690,000 € 5,865,000
Fixed manufacturing overhead (budgeted) € 1,000,000 € -
Fixed manufacturing overhead variances (all unfavorable):
-Spending € 95,000 € 95,000
-Production volume € - € 340,000
Total marketing and administrative costs (all fixed) € 1,580,000 € 1,580,000
Total costs € 7,365,000 € 7,880,000
Operating income € 1,535,000 € 1,020,000
Inventories (at standard costs)
December 31, 2019 € 1,060,000 € 1,705,000
December 31, 2020 € 55,000 € 185,000
, 1 At what percentage of denominator level was the plant operating during 2020?
Determine theformula, then compute at what percentage of denominator level the plant was o
1.1 Budgeted fixed mfg overhead -
€ 1,000,000 -
1.2 Fixed mfg overhead allocated ÷
€ 660,000 ÷
2 How much fixed manufacturing overhead was included in the 2019 and the 2020 ending invento
Determine theformula, then compute how much of fixed manufacturing overhead was included
Absorption costing inventory value -
2019 € 1,705,000 -
2020 € 185,000 -
3 Reconcile and explain the difference in 2020 operating incomes under variable and absorption c
Begin by determining the formula that will highlight the difference between the operating incom
(Abbreviations used:"var." =Variable, "mfg"= manufacturing,"beg." =beginning, "end."= endin
Absorption-costing operating income -
2020 € 1,020,000 -
€ -515,000
The difference between absorption and variable costing is due solely to moving fixed manufactu
4 Tim Monette isconcerned: He notes that despite an increase in sales over 2019, 2020 operating
Under absorptioncosting, operating income is a function of both sales and production. During 2
The end result was that much of 2020's beginning inventory passed through cost of goods sold
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