7
a Variable costing
(in DKr) January 2011 February 2011 March 2011 Profit a
1,750,000 2,000,000 3,750,000 Variable costs
Opening stock b 0 270,000 270,000
Variable cost of goods manufactured c
900,000 720,000 1,125,000
Cost of goods available for sale
900,000 990,000 1,395,000
Closing stock d 270,000 270,000 45,000
Variable manufacturing cost of goods sold
630,000 720,000 1,350,000
Variable marketing costs e 420,000 480,000 900,000
Total variable costs
1,050,000 1,200,000 2,250,000 Contribution margin
700,000 800,000 1,500,000 Fixed costs
Fixed manufacturing costs
400,000 400,000 400,000
Fixed marketing costs
140,000 140,000 140,000
Total fixed costs
540,000 540,000 540,000 Operating profit
160,000 260,000 960,000 a DKr 2,500 × 700; DKr 2,500 × 800; DKr 2,500 × 1,500 b DKr 900 × 0; DKr 900 × 300; DKr 900 × 300 c DKr 900 × 1,000; DKr 900 × 800; DKr 900 × 1,250 d DKr 900 × 300; DKr 900 × 300; DKr 900 × 50 e DKr 600 × 700; DKr 600 × 800; DKr 600 × 1,500
Bhimani, Horngren, Datar and Rajan, Management and Cost Accounting, 5 th Edition, Instructor’s Manual © Pearson Education Limited 2012 7 -1Share with your friends: |
