ACC 207 MDE Manufacturing Budget: Bird Feeder I. Sales and Manufacturing Expenses:

ACC 207 MDE Manufacturing Budget: Bird Feeder I. Sales and Manufacturing Expenses: Budget and Actual (2014) You will use this table to complete Milestones One and Two. Budget ($) Actual ($) 1,050,000 991,700 Expenses Materials – Cedar Materials – Plastic Factory Worker Labor Materials – Indirect Factory Depreciation Factory Utilities Factory Maintenance and Repairs Shipping ($2.25/each) Sales Commissions ($2.00/unit sold) Office Rent Advertising Liability insurance Office Depreciation Office Salaries 225,000 37,500 300,000 3,000 78,000 12,000 5,000 112,500 100,000 12,000 20,000 5,000 1,000 48,000 248,160 37,741 332,760 2,585 78,000 12,000 4,500 105,750 94,000 12,000 20,000 5,000 1,000 48,000 Total Expenses 959,000 1,001,496 Sales II. Contribution Margin: Static Budget and Actual Results (2014) You will use this table to complete Milestone Two. Units Sold Revenues ($) Manufacturing Costs ($) Variable Fixed Gross Margin Actual Results Static Budget Amount 47,000 991,700 50,000 1,050,000 621,246 94,500 275,954 565,500 95,000 389,500 III. Standard Variable Manufacturing Costs (2014) You will use this table to complete Milestone Two. Static Budget Costs Standard Input 225,000 37,500 300,000 3,000 3.0 ft/unit 1.0 ft/unit 0.5 hrs/unit 0.3 ft/unit Direct Materials: Cedar Direct Materials: Plastic Direct Manufacturing Labor Variable Manufacturing Overhead IV. Actual Variable Manufacturing Costs (2014) You will use this table to complete Milestone Two. Direct Materials: Cedar Direct Materials: Plastic Direct Manufacturing: Labor ($) Variable Manufacturing Overhead Actual Costs Actual Input 248,160 37,741 332,760 2,585 3.2 ft/unit 1.1 ft/unit .60 hr/unit 0.25 ft/unit