How do you find absorption-based costing and variable costing based on the data given in these tables?
Exhibit 1 Christmas Inc. 2010 Summary Financial Information* Endowment returns 5 5, 859, 929, 739 Direct Materials 5 1 , 288, 918, 821 Elf labor 5 1 , 711, 259, 572 Overhead 5 3, 858, 238, 847 Total Expenses 5 16, 8:58, 417, 340 ) Surplus funding* 5 1 , 512, 395 SOURCE :` LastWriters Note : All amounts are Expressed in Pieces of gold Exhibit ? Estimated Savings from Outsourcing the Production of Electronic Toys Cost Savings Opportunities Associated with Outsourcing* Maintenance on SMO machine* 50, 000 Savings on utilities 50, 000 Savings on reducing market research activities 15,000, 000 Savings on scrap reduction due to outsourcing 11, 948, 705 Savings on Elf training programs 250, 000 SOURCE :` Casewriters Note : All amounts are Expressed in pieces of goldExhibit 3 Supplier Bids Information Summary Supplier Location Quoted Price Savings Opportunities Already Embedded in Quote LEPRECHAUN Guild Ireland 2.71 Sasquatch Partnership Landda Baku Cartel Japan 2.82 0. 28 For free OS Upgrade's SECVic Facries United Kingdom 0.20 For free parental control solution development Dokkacbi Union Republic of Korea a.38 For reduction in warehousing costs GHOMIES Italy' 3.65 LIWaTHEN LEAGUE GETMany 2.62 0. 24 Forfree warranty* Vampire Syndicate HOMTamila 2.44 0. 10 For free inbound transportation SOURCE :` CASEWriters Note : All monetary amounts are Expressed in pieces of Fold. Quoted prices do not include any tariff that might be associated with importing the goods in the LIS.Exhibit & Direct Costs Breakdown by Product Line Product Line Direct Materials Elf Labor ( POG ) Overhead Allocation Total Annual Cost Annual Units Traditional Toys 591, 483, 353 1 , 359 , 0.07 , 738 3, 094, 591, 078 5, 155, 082, 178 1 , 335 , 094, 800 Electronic Toys 597, 435, 458 3.42, 251, 934 773, 547, 759 1 , 713, 3:35, 152 595, 825, 200 Total 1 , 288, 918, 821 1 , 711 , 259, 572 3, 858, 238, 847 5, 858, 417, 340 1, 934, 920, 000 GOJUICE .` Lastwriters Note :` All monetary' amounts are Expressed in pieces of gold . Exhibit 5 Summary of Overhead Expenses Total Fixed Variable* EIf Labor Related Overhead 773, 547, 765 595 , 282, 992.52 77, 364, 776.95 Elf Logistics Related Overhead 1 , 373, 985, 948 274, 797, 189.56 1, 099, 188, 758. 23 Equipment Related Overhead 1 , 720 , 505 , 130 1 , 548 , 54 4 , 517 . 05 172 , 050, 513.01 Total Overhead 3, 858, 238, 847 2 , 519, 524, 799 1, 348, 514, 048 GOJUICE .` Casewriter's Note :" All monetary amounts are EXPRESSEd in Pieces of gold .Exhibit 6 Activity Pools Activity Cost Pool Cost Driver Cost Driver Units Elf Labor Related Overhead Elf hours 9, 543 Elf Logistics Related Overhead Reindeer kilometers 510, 000, 000 Equipment Related Overhead Machine hours 214, 000 SOURCE :` CaseWriters Exhibit ] Summary of Resource Utilization in 2010 Customer Information Manufacturing Fulfillment Maintenance Engineering Finance Elf Resources Warehousing Technology* Total Elf Labor Related Overhead 196 19/6 536 1010%{ 965 100%' 965 960 960 1036 GOB Elf Logistics Related Overhead Equipment Related Overhead 5.5% 5 3/6 203/6) 596 1010%'6 SOURCE :` Casewriters*Exhibit & Activity Utilization by Product Line ELF Logistics Related Equipment Related Elf Labor Related Overhead ( Reindeer Overhead Product Line* Overhead ( Elf Hour! KMS ) ( Machine Hours* Traditional Toys 7, 534 340, 000, 000 42, 800 Electronic Toys 1, 909 170, 000, 000 171, 200 Totals 9, 543 510, 000, 000 214, 000 SOURCE :` Lastwriters
