Rough corp makes a standard product Alfa. The budget for August is as follows. Budgeted output for August is 5.000 units. The selling price will be set at EUR. Budgeted cost of material X 17.500 EUR (standard usage 0.5 kg/unit), budgeted cost of material is 2.000 EUR (budgeted price is 0.2 EUR/kg) and budgeted tabour cost is 12.500 EUR (labour rate s 5 EUR/hour). Budented fund overheads are 6.000 EUR Actual results for August were as follows. Volume sold and produced was 5.400 units with revenue generated 31.320 EUR. Material costs were were 8.773 EUR tape 2.830 k) for material and 2160 EUR for material (usage 10.800 kal, labour costs were 12.740 EUR(2.600 labour hours worked and wed overheads were 5.500 EUR Budgeted sales and direct cost for product Alfa in September is equal to August Budent in September they will add also product Beta to portfolio budgeted sales volume is 1.000 units sales price 10 EUR), material cost 3.000 EUR and labour cost 2.500 EUR. Total foed overheads in September are budgeted to 8.000 EUR, of these 1.000 EUR depreciation costs of manufacturing equipment and 5.000 EUR cales and admin staff costs. Product Alfais despatched to 5 different customers daily, product Betais despatled to 20 different customers once a week nume 4 weeks and 20 working days in a month Required: 1. 05) Determine budete profit for August 2.0) Determine relative margin of safety based on AUGbg 3.051 Determine required reduction of price of material to achieve a profit of 2.500 EUR ased on AUG budget) 4. Determina regained volume of output to achieve a profit of A DOO EUR used on AUG budet 5.15 Determine buted total costs in August and total outout 6. Determine sales volume variance for August 7.051 Determine material X variance for August 3. Determine budete profit for Rh corp for September .. Determine budete full cost per unit of product Betain September with volume of outputasbash for allocation of production overheads and product despatches basis for location of sales and admin overheads 10. Determinu dated net cash flow in September taking into account company policy that sales of Allais for cash only, sales of Beta is with one month credit suppliers and workers are sold with cash YOUR ANSWERS Rough corp makes a standard product Alfa. The budget for August is as follows. Budgeted output for August is 5.000 units. The selling price will be set at EUR. Budgeted cost of material is 7.500 EUR (standard usage 0,5 kg/unit), budgeted cost of material is 2.000 EUR (budgeted price is 0.2 EUR/kg) and bodgeted labour cost k 12.500 EUR (labour rate is 5 EUR/hour). Budgeted fixed owerheads are 6.000 EUR Actual results for August were as follows. Volume sold and produced was 5.400 units with revenue generated 31.320 EUR. Material costs were 8.773 EUR sape 2830 for material and 2160 EUR for material (usage 10.800 kal, labour costs were 12.740 EUR(2.600 labour hours worked and fund overheads were 5.500 EUR Bodipeted sales and direct cost for product Alfa in September is equal to Agent Budget. In September they will add also product Beta to portfolio - budgeted sales volume is 1.000 units sales price 10 EUR), material cost 3.000 EUR and labour cost 2.500 EUR Total foed overheads in September are budgeted to 8.000 EUR, of these 3000 EUR depreciation costs of manufacturing equipment and 5.000 EUR sales and admin staff costs. Product Allais despatched to 5 different customers daily, product Betais despathed to 20 different customers once a week assume wenks and 20 working days in a month Required: 1. 05) Determine budete profit forut 2.05) Determine relative margin of safety based on AUG budget 3.5)Determine required reduction of price of material to achieve a profit of 2.500 EUR based on AUG budget) 4. Determine perired volume of output to achieve a profit od 4.000 EUR ied on AUG budet SAS Determine buted total costs in August feed to actual output 6. Determine sales volume variance forut 7.051 Determine material variance for August 8. Determine budete profit for Ronch corp for September 5. Determine budete full cost per unit of product Beta in September with volume of output as bases for allocation of production overheads and product despatches basis for allocation of sales and admin overheads 30.6) Determina budete niet cash flow in September taking into account company policy tu sales of Allais for cash only, sales of Beta is with one month Credit, suppliers and workers are old with cash YOUR ANSWERS Rough corp makes a standard product Alfa. The budget for August is as follows. Budgeted output for August is 5.000 units. The selling price will be set at EUR. Budgeted cost of material X 17.500 EUR (standard usage 0.5 kg/unit), budgeted cost of material is 2.000 EUR (budgeted price is 0.2 EUR/kg) and budgeted tabour cost is 12.500 EUR (labour rate s 5 EUR/hour). Budented fund overheads are 6.000 EUR Actual results for August were as follows. Volume sold and produced was 5.400 units with revenue generated 31.320 EUR. Material costs were were 8.773 EUR tape 2.830 k) for material and 2160 EUR for material (usage 10.800 kal, labour costs were 12.740 EUR(2.600 labour hours worked and wed overheads were 5.500 EUR Budgeted sales and direct cost for product Alfa in September is equal to August Budent in September they will add also product Beta to portfolio budgeted sales volume is 1.000 units sales price 10 EUR), material cost 3.000 EUR and labour cost 2.500 EUR. Total foed overheads in September are budgeted to 8.000 EUR, of these 1.000 EUR depreciation costs of manufacturing equipment and 5.000 EUR cales and admin staff costs. Product Alfais despatched to 5 different customers daily, product Betais despatled to 20 different customers once a week nume 4 weeks and 20 working days in a month Required: 1. 05) Determine budete profit for August 2.0) Determine relative margin of safety based on AUGbg 3.051 Determine required reduction of price of material to achieve a profit of 2.500 EUR ased on AUG budget) 4. Determina regained volume of output to achieve a profit of A DOO EUR used on AUG budet 5.15 Determine buted total costs in August and total outout 6. Determine sales volume variance for August 7.051 Determine material X variance for August 3. Determine budete profit for Rh corp for September .. Determine budete full cost per unit of product Betain September with volume of outputasbash for allocation of production overheads and product despatches basis for location of sales and admin overheads 10. Determinu dated net cash flow in September taking into account company policy that sales of Allais for cash only, sales of Beta is with one month credit suppliers and workers are sold with cash YOUR ANSWERS Rough corp makes a standard product Alfa. The budget for August is as follows. Budgeted output for August is 5.000 units. The selling price will be set at EUR. Budgeted cost of material is 7.500 EUR (standard usage 0,5 kg/unit), budgeted cost of material is 2.000 EUR (budgeted price is 0.2 EUR/kg) and bodgeted labour cost k 12.500 EUR (labour rate is 5 EUR/hour). Budgeted fixed owerheads are 6.000 EUR Actual results for August were as follows. Volume sold and produced was 5.400 units with revenue generated 31.320 EUR. Material costs were 8.773 EUR sape 2830 for material and 2160 EUR for material (usage 10.800 kal, labour costs were 12.740 EUR(2.600 labour hours worked and fund overheads were 5.500 EUR Bodipeted sales and direct cost for product Alfa in September is equal to Agent Budget. In September they will add also product Beta to portfolio - budgeted sales volume is 1.000 units sales price 10 EUR), material cost 3.000 EUR and labour cost 2.500 EUR Total foed overheads in September are budgeted to 8.000 EUR, of these 3000 EUR depreciation costs of manufacturing equipment and 5.000 EUR sales and admin staff costs. Product Allais despatched to 5 different customers daily, product Betais despathed to 20 different customers once a week assume wenks and 20 working days in a month Required: 1. 05) Determine budete profit forut 2.05) Determine relative margin of safety based on AUG budget 3.5)Determine required reduction of price of material to achieve a profit of 2.500 EUR based on AUG budget) 4. Determine perired volume of output to achieve a profit od 4.000 EUR ied on AUG budet SAS Determine buted total costs in August feed to actual output 6. Determine sales volume variance forut 7.051 Determine material variance for August 8. Determine budete profit for Ronch corp for September 5. Determine budete full cost per unit of product Beta in September with volume of output as bases for allocation of production overheads and product despatches basis for allocation of sales and admin overheads 30.6) Determina budete niet cash flow in September taking into account company policy tu sales of Allais for cash only, sales of Beta is with one month Credit, suppliers and workers are old with cash YOUR ANSWERS
