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
11.80/hr
0.25 ft/unit
Comments
Content
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
11.80/hr
0.25 ft/unit