Chapter 13 Problems Part 1

Problem 13-56
Problem 1 in Connect
Budgeted Income Statement -----------------------Year 1---------
(in units)
Sales Revenue

Manufacturing Costs
Materials
Variable Cash Costs
Fixed Cash Costs
Depreciation (fixed)

Total Manufacturing Costs

Marketing and Administrative Costs

Marketing (variable)
Marketing Depreciation
Administration (fixed)
Administration Depreciation

Total Marketing and Adm Costs

Total Costs
Operating Income / Loss
-----------------Year 1------------------- -----------------------Year 2-------------------
Price Total (in units) Price
Year 2-------------------
Total
Chapter 13 Problems Part 1
Problem 13-57
Problem 2 in Connect
Income Statem
Income Statement ------------------------Year 1----
(in units)
Sales Revenue
Manuacturing Costs
Materials
Variable Cash Costs
Fixed Cash Costs
Depreciation (fixed)
TOTAL CASH MANUFACTURING COSTS
Marketing and Administrative Costs:
Marketing (Variable, Cash)
Marketing Depreciation
Administratrive (Fixed, Cash)
Administrative Depreciaton

Total Cash Marketing and Admin Costs

Total Costs
Operating Profits Loss)
 Income Statement Cash Bud IS (Do Not Include Depreciatio
-----------------Year 1------------------------ ------------------------Year 2--------------------
Price Total (in units) Price
clude Depreciation)
2------------------------
Total

XX

XX

XX
Chapter 13 Problems Part 1
Problem 13-61
Problem 3 in Connect
Required A
Production Budget for Year 2

Expected Sales (given)

Add: Desired End Inv of FG
Total Needs
Less: Beg Inv of FG
Units to be Produced

Required B Direct Materials Costs

Steel
Alloy

Direct Labor Costs

DL Costs

Overhead Costs
Ind Material
Ind Labor
Utilities
Mach Dep
Other OHD
 Current Projected
Pounds per Unit Cost per Pound Cost per Pound

Hours Per Unit Current Wage Expected Wage

OHD per Unit Incr/(Decr) New OHD / Unit

Cost per Unit # of Units Total Costs

# of Units Total Costs

Volume Basis Basis Total Costs

Based on Actual
Production
Based on Actual
Production

See 1st Sentence

After Total OHD
per unit
Chapter 13 Problems Part 1
Problem 13-62
Problem 4 in Connect
Given
Sales Commissions
Sales Staff Salaries
Building Lease Payment
Telephone & Mailing
Packaging and Delivery
Utilities
Depreciation
Marketing Consultants
Total Budgeted Costs
art 1

Notes
Volume Up, Price Up
Salaries Up
New Lease Cost up Over Old Cost
Volume Up, Price Down
Volume Up, Price Up
Total Down
Old Amt - Scrapped + New Qtr Amt
Given
Chapter 13 Problems Part 1
Problem 13-64
Problem 5 in Connect
Income Statement
Income Statement ------------------------Year 1----------
Volume
Sales Revenue
Lodging x
Incidentals x
Forfeited Deposits x
Total Revenues
Costs
Fixed Labor x
Variable Labor x
Total Labor
Fixed Incidentals x
Variable Incidentals x
Total Incidentals
Miscellaneous x
Utilities, etc x
Depreciation x
Management
Marketing Depreciation
Property Taxes
 Total Costs
Operating Profit (Loss)
 Income Statement Budgeted Income Statement
-----------------Year 1------------------------ ------------------------Year 2----------------
Price Total Volume

x x x
x x x
x x x
x

x x x
x x x
x
x x x
x x x
x
x x x
x x x
x x x
x
x
x
x
x
 Budgeted Income Statement
-----------------Year 2------------------------
Price Total

x x
x x
x x
x

x x
x x
x
x x
x x
x
x x
x x
x x
x
x
x
x
x