Scribd
Upload
314 views4 pages

MAS Reviewer - Cost Behavior & CVP Analysis

This document contains 13 questions with calculations related to cost accounting concepts like variable costs, fixed costs, contribution margin, break-even point, etc. Question 1 calculates the expected cost per truck. Question 2 calculates the variable cost, direct labor hours, fixed costs and total costs. Question 3 solves a system of equations to find fixed costs at different production levels. The remaining questions contain various calculations related to sales, costs, contribution margin, break-even point and profitability.

Uploaded by

John Carlo Peru
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
314 views4 pages

MAS Reviewer - Cost Behavior & CVP Analysis

This document contains 13 questions with calculations related to cost accounting concepts like variable costs, fixed costs, contribution margin, break-even point, etc. Question 1 calculates the expected cost per truck. Question 2 calculates the variable cost, direct labor hours, fixed costs and total costs. Question 3 solves a system of equations to find fixed costs at different production levels. The remaining questions contain various calculations related to sales, costs, contribution margin, break-even point and profitability.

Uploaded by

John Carlo Peru
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 4

Q# 1 D

Per truck 1,200 (1,000 + .25 x 800)


No. of trucks 3
Expected cost 3,600

Q# 2 D
VC/DLH 66.00 (20 + 30 + 16)
x DLH 1,500.00
99,000.00
FC 10,300.00 (100 + 200 + 10,000)
109,300.00

Q# 3 D
Eq. 1 $220,000 = A + 75,000B
Eq. 2 $275,000 = 1.2A + 100,000B
Eq. 3 = Eq. 1 x 1.2 $264,000 = 1.2A + 90,000B
Eq. 2 - Eq. 3 $ 11,000 = 10,000 B
VC/unit B = 1.10
FC @ 75,000 units A = 137,500
FC @ 100,000 units 1.2A = 165,000

Q# 4 Sales 12.00 708,333.33


Variable Cost
Contribution Margin 2.40 20% 1,700,000.00
Fixed Costs 1,200,000.00
Operating Income 500,000.00

Q# 5 C High Low Difference VC/DLH


Cost 8,500.00 6,750.00 1,750.00 3.50
DLH 2,000.00 1,500.00 500.00

Q# 6 C Cost X 178,260.00 23,700.00 154,560.00 4.83


Units produced 35,000.00 3,000.00 32,000.00

Total cost @ 8,000 units 47,850.00


Per unit 5.98

Q#7 Variable cost per unit 8.50


Machine hours 2,500.00
21,250.00

Q#8 Y = 2,500 + 5.0X


Choose machine hours as cost driver because it has the higher r-squared

Q#9 Sales 160.00 - 16.00 144.00


Variable Cost 100.00 100.00
Contribution Margin 60.00 44.00 30.6%

Q#10 Accounts receivable 129,000.00


Days sales outstanding 15.00

Sales 100% 3,096,000.00


Variable Cost
Contrinbution Margin 49% 1,517,040.00
Fixed Costs 1,032,000.00
Operating Income 485,040.00

Breakeven point 2,106,122.45

Q#11 Quantity 111,000.00 75,000.00


Sales 25.00 25.00
Variable Cost 15.00 12.50
Contribution Margin 1,200,000.00 10.00 750,000.00 12.50
Fixed Costs 1,200,000.00
Operating Income

Q#12 Quantity 583,200.00


Sales 40.00
Variable cost 24.00
Contribution margin 16.00
Fixed costs 9,331,200.00
Operating income

Q#13
FC
1,500.00

9,210.00
36,000.00

450,000.00

You might also like