New Business Assignment: Cost of Production, Cost of Goods Sold, and Inventories
TUGAS GSLC KE 2
MATA KULIAH LEMBAGA PEMBIAYAAN DAN KREDIT
Ketentuan Tugas:
Tugas adalah tugas kelompok.
Jumlah anggota dalam satu kelompok tidak boleh lebih dari 3 orang.
Jawaban ditulis tangan pada kertas folio bergaris.
1. Assume you are starting a new business involving the manufacture and sale of a new product. Raw materials costs are $40 per product. Direct labor costs are expected to be $30 per product. You expect to sell each product for $110. You plan to produce 100 products next month and expect to sell 90 products.
A. Prepare cost of production, cost of goods sold, and inventories schedules for next (the first) month.
B. During the second month, you plan to produce 110 products but expect sales in the month to be 115 products. Prepare cost of production, cost of goods sold, and inventories schedules for the second month.
2. During its first year of operations, the SubRay Corporation produced the following income statement results:
Net sales $300,000
Cost of goods sold −180,000
Gross profit 120,000
General and administrative −60,000
Marketing expenses −60,000
Depreciation −20,000
EBIT −20,000
Interest expenses −10,000
Earnings before taxes −30,000
Income taxes −0
Net earnings (loss) −$ 30,000
Costs of goods sold are expected to vary with sales and be a constant percentage of sales. The general and administrative employees have been hired and are expected to remain a fixed cost. Marketing expenses are also expected to remain fixed because the current sales staff members are expected to remain on fixed salaries and no new hires are planned. The effective tax rate is expected to be 30 percent for a profitable firm.
A. Estimate the survival or EBDAT breakeven amount in terms of survival revenues necessary for the SubRay Corporation to break even next year.
B. Estimate the NOPAT breakeven amount in terms of revenues necessary for the SubRay Corporation to break even next year.
C. Assume that the
MATA KULIAH LEMBAGA PEMBIAYAAN DAN KREDIT
Ketentuan Tugas:
Tugas adalah tugas kelompok.
Jumlah anggota dalam satu kelompok tidak boleh lebih dari 3 orang.
Jawaban ditulis tangan pada kertas folio bergaris.
1. Assume you are starting a new business involving the manufacture and sale of a new product. Raw materials costs are $40 per product. Direct labor costs are expected to be $30 per product. You expect to sell each product for $110. You plan to produce 100 products next month and expect to sell 90 products.
A. Prepare cost of production, cost of goods sold, and inventories schedules for next (the first) month.
B. During the second month, you plan to produce 110 products but expect sales in the month to be 115 products. Prepare cost of production, cost of goods sold, and inventories schedules for the second month.
2. During its first year of operations, the SubRay Corporation produced the following income statement results:
Net sales $300,000
Cost of goods sold −180,000
Gross profit 120,000
General and administrative −60,000
Marketing expenses −60,000
Depreciation −20,000
EBIT −20,000
Interest expenses −10,000
Earnings before taxes −30,000
Income taxes −0
Net earnings (loss) −$ 30,000
Costs of goods sold are expected to vary with sales and be a constant percentage of sales. The general and administrative employees have been hired and are expected to remain a fixed cost. Marketing expenses are also expected to remain fixed because the current sales staff members are expected to remain on fixed salaries and no new hires are planned. The effective tax rate is expected to be 30 percent for a profitable firm.
A. Estimate the survival or EBDAT breakeven amount in terms of survival revenues necessary for the SubRay Corporation to break even next year.
B. Estimate the NOPAT breakeven amount in terms of revenues necessary for the SubRay Corporation to break even next year.
C. Assume that the