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Budgeting and Cost Analysis Overview

The document outlines a financial analysis including sales, direct materials, direct labor, and contribution margins. It provides budgeted costs and calculations for cost of goods manufactured and finished goods inventory. Overall, it presents a detailed breakdown of costs and income related to production and sales activities.

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Maria Dana Brillantes
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12 views3 pages

Budgeting and Cost Analysis Overview

The document outlines a financial analysis including sales, direct materials, direct labor, and contribution margins. It provides budgeted costs and calculations for cost of goods manufactured and finished goods inventory. Overall, it presents a detailed breakdown of costs and income related to production and sales activities.

Uploaded by

Maria Dana Brillantes
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

SP 12.

00
Direct Materials 2.00
Direct Labor 4.00
Contibution Margin 6.00 0.50
FOH 0.80 41,600.00
156,000.00
33,280.00

DM Beg 24,000.00
DM end 22,000.00
41,600.00
Finished Goods, beg 2,000.00
Cost of Goods manufactured 20,500.00
Finished Goods, end 2,500.00 Sales
Sales 20,000.00 Direct materials

Budget Sales 20,000*12 240,000.00


Direct Materials 40,000.00
Direct Labor 80,000.00
Contribution Margin 120,000.00
Less
Fixed Overhead
20,000*.8 16,000.00
104,000.00

32,800.00

Direct Materials 41,000.00


Direct labor 82,000.00
Factory Overhead 16,400.00
Total Budgeted Costs 139,400.00

20,800.00

Finished Goods, beg 2,000.00 306,000.00


Cost of Goods manufactured 26,000.00 153,000.00
Finished Goods, end 2,500.00 20,800.00
COGS 25,500.00
41,600.00 499,200.00
3,466.67 249,600.00
33,280.00

Sales 41,600.00
Prime Cost (3,466.67 * (2+4)) 20,800.00
Contribution Margin 20,800.00
Fixed Overhead 20,800.00
Net Income -
499,200.00
156,000.00

33,280.00

156,000.00

393,600.00
196,800.00
26,240.00

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