1. Traditional approach:
Actual total manufacturing overhead cost incurred
(assumed to equal the original estimate) ... $4,000,000
Manufacturing overhead applied
(160,000 units × $25 per unit) ... 4,000,000
Overhead under- or overapplied ... $ 0
Vault Hard Drives, Inc.
Income Statement: Traditional Approach
Revenue (150,000 units × $60 per unit)... $9,000,000
Cost of Goods Sold:
Variable manufacturing
(150,000 units × $15 per unit) ... $2,250,000
Manufacturing overhead applied
(150,000 units × $25 per unit) ... 3,750,000 6,000,000
Gross margin ... 3,000,000
Administrative and selling expenses ... 2,700,000
Net operating income ... $ 300,000
New approach:
Income Statement: New Approach
(150,000 units × $20 per unit) ... 3,000,000 5,250,000
Gross margin ... 3,750,000
Cost of Unused Capacity [(200,000 units –
Bạn đang xem 1. - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH03 SYSSTEMS DESIGN JOB ORDER COSTING
