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: |