Soal 1

Soal 1 a) Suppose there is ample idle capacity to produce the units required by the overseas customer and the special discounted price on the special order is $75.30 per unit. By how much would this special order increase (decrease) the company's net operating income for the month? Variable cost per unit on normal sales: Direct Materials Direct Labor Variable Manufacturing Overhead Variable Selling & Administrative Expense Variable cost per unit on normal sales

$38.8 $ 9.7 $ 2.3 $ 1.7 $ 52.5

Variable cost per unit on special order: Normal variable cost per unit Reduction in variable selling and administrative expense Variable cost per unit on special order

$ 52.5 $ (0.2) $ 52.3

Selling price for special order $ 75.3 Variable cost per unit on special order $(52.3) UNit contribution margin on special order $ 23 Number of units in special order 3,000 Increase in net operating income $ 69.000 ( $23 x 3,000 = $69,000) b) Suppose the company is already operating at capacity when the special order is received from the overseas customer. What would be the opportunity cost of each unit delivered to the overseas customer? Normal selling price per unit $ 81.1 Variable cost per unit on normal sales $(52.5) Unit contribution margin on normal sales $ 29.5 c) Suppose there is not enough idle capacity to produce all of the units for the overseas customer and accepting the special order would require cutting back on production of 2,100 units for regular customers. What would be the minimum acceptable price per unit for the special order? Unit contribution margin on normal sales $ 29.5 displaced normal sales 1,000 Lost contribution margin displaced sales $ 29,500 (1,000 x 29.5 = 29,500) Total variable cost on special order 156,900 (3,000 x 52.3 = $ 156,900) Total incremental cost of special order $245,700 (156,000 + 69,000 = 225,000) Number of units in special order 3,000 Minimum acceptable price on special order $85.00 ( 255,000/ 3,000)

Soal III The following data (in thousands of dollars) have been taken from the accounting records of Larop Corporation for the just completed year: Sales ...........................................................................................................$ 970 Purchases of raw materials..........................................................................$ 190 Direct labor..................................................................................................$ 200 Manufacturing overhead..............................................................................$ 230 Administrative expenses…………………………………………..............$ 250 Selling expenses.......................................................................................... $ 140 Raw materials inventory, beginning........................................................... $ 10 Raw materials inventory, ending................................................................. $ 40 Work in process inventory, beginning......................................................... $ 20 Work in process inventory, ending...............................................................$ 50 Finished goods inventory, beginning............................................................$ 90 Finished goods inventory, ending................................................................ $ 130 a) Schedule of Cost of Goods Manufactured Direct materials: Beginning raw materials inventory Add: Purchases of raw materials = Raw materials available for use Deduct: Ending raw materials inventory = Raw materials used in production + Direct labor + Manufacturing overhead: = Total manufacturing costs Add: Beginning work in process inventory = Deduct: Ending work in process inventory = Cost of goods manufactured b) Compute the cost of goods solds Beginning finished goods inventory Add: Cost of goods manufactured Goods available for sale Deduct: Ending finished goods inventory Cost of goods sold

$ 10 $ 190 $ 200 $ (40) $160 $ 200 $ 230 $ 590 $ 90 $ 680 $(130) $ 550 $ 90 $ 550 $ 640 $(130) $ 510

Using data from your answer above needed prepare an income statement in good form

Soal no IV

Hanifah Company produces and sells a single product. The company’s income statement for the most  recent month is given below:

There are no beginning or ending inventories. Required: (a.) Compute the company’s monthly break­even point in units of product. (b.) What would the company’s monthly net operating income be if sales increased by 25% and there is  no change in total fixed expenses?  (c.) What dollar sales must the company achieve in order to earn a net operating income of $50,000 per  month? (d.) The company has decided to automate a portion of its operations. The change will reduce direct labor  costs per unit by 40 percent, but it will double the costs for fixed factory overhead. Compute the new  break­even point in units. Level: Medium    LO:  4,5,6     Ans:  (a.) The company’s income statement in contribution format would be:

The break­even point in units would be: $72,000 ÷ $16 = 4,500 units.

(b.) 6,000 × 125% = 7,500 units



(c.) ($72,000 + $50,000)   0.40 = $305,000

 (d.) Direct labor costs are presently $10 per unit ($60,000   6,000 units) and will decrease by $4 per unit  ($10 x 40%). Therefore, the company’s new cost structure will be:

 (2 x $30,000 + $42,000)  $20 per unit = 5,100 units

c)