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MGMT 440 6.5 - Homework Assignment - Cost Analysis Please input the following information into the spreadsheet: Material = $300 (Purchasing Department) Labor = $2,000
MGMT 440 6.5 - Homework Assignment - Cost Analysis Please input the following information into the spreadsheet: Material = $300 (Purchasing Department) Labor = $2,000 (Union Contract) No packaging No transportation costs From the accounting department for the current accounting year: Material Overhead = 40% Labor Overhead = 90% General and Administrative = 30% Corporate policy on profit = 14%
ELEMENT | IDENTIFY SOURCE OF ESTIMATE | ||
MATERIALS | |||
MATERIAL | |||
MATERIAL OVERHEAD ( %) | |||
MATERIAL SUBTOTAL | |||
LABOR | |||
LABOR | |||
LABOR OVERHEAD ( %) | |||
MANUFACTURING SUBTOTAL | |||
TOTAL LABOR & MATERIALS | |||
OTHER COSTS TO CONSIDER | |||
PACKAGING | |||
TRANSPORTATION | |||
SUBTOTAL | |||
G&A ( %) | |||
TOTAL COST | |||
PROFIT (@ _____%) | |||
TOTAL PRICE | |||
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