ICo5 1542’’BUILDING COST INFORMATION CENTRE ELEMENTAL COST ANALYSIS - Form 1 F-Educational‚ Cultural‚ Scientific Buildings JOB TITLE LOCATION I IA-3-2125 CLIENT: TENDER DATE: Cadangan Membina Bangunan 3 Tingkat Pusat Asuhan Kanak-Kanak & Tadika Mukim Setapak‚ Kuala Lumpur Private 12 April 1999 INFORMATION ON TOTAL PROJECT Project and Contract information Project Details and Site Condition: Contract: The Project comprises the construction and completion of one
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Study guide ACG24 Management Accounting This module has been developed using material with the acknowledgement and permission of Horngren‚ C.T.‚ Datar‚ S.‚ Foster‚ G.‚ Rajan‚ M.‚ Ittner‚ C.‚ Wynder‚ M.‚ Maguire‚ W. and Tan R. (2010)‚ Cost Accounting; a Managerial Emphasis (1st Australian Edition)‚ Prentice Hall International‚ Englewood Cliffs‚ New Jersey. We greatly appreciate the support of Leanne Lavelle of Pearson/Prentice-Hall Australia throughout the process. The University of South
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Relevant Costs and Decision Making 4.16 A. The fixed overhead cost will be the same regardless of which method Regina Corp goes. Based on the analysis of Yoklic‚ they will incur the additional cost of $6 per unit by purchasing the subassemblies versus manufacturing them. B. The $50‚000 that is saved by eliminating the fixed overhead reduces the cost for outsourcing. This will give Yoklic an overall $20‚000 savings for 5‚000 units by purchasing externally versus manufacturing internally
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1. The cost of a computer system installed last year is an example of: (Points: 2) a sunk cost a relevant cost a differential cost an avoidable cost 2. In evaluating different alternatives‚ it is useful to concentrate on: (Points: 2) variable costs fixed costs total costs relevant costs 3. Relevant costs in a make-or-buy decision of a part include: (Points: 2) setup overhead costs for the manufacture of the
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3. D 4. A 5. C 6. a‚ b 7. A 8. B 9. c‚ d 10. B 11. a‚ b 9-29 (25 min.) Denominator-level problem 1. Budgeted fixed manufacturing overhead costs rates: Budgeted Fixed Budgeted Fixed Denominator Manufacturing Budgeted Manufacturing Level Capacity Overhead per Capacity Overhead Cost ------------------------------------------------- Concept Period Level Rate Theoretical $4‚560‚000 3‚600 $1‚266.67 Practical 4‚560‚000 2‚400
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COSTS OF STEAM Issue The client expects a reduction in steam generation costs and does not care about energy consumption. Learning Objectives Establishing a list of cost items of steam generation Understanding the different methods of specific steam cost calculation Knowing how to calculate the specific steam costs Rating of the relative importance of cost items Appreciation for specific steam generation costs sensitivity with respect to cost items Recognition of negative
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Section B Attempt Any Six Questions (6*5= 30) 1. Company A’s costs are mostly variable‚ whereas Company B’s costs are mostly fixed. When sales increase‚ which company will tend to realize the greatest increase in profits? Explain. 2. Crystal Telecom has budgeted the sales of its innovative mobile phone over the next four months as follows: Sales in Units July. . . . . . . . . . . . . . 30‚000 August . . . . . . . . . . . 45‚000 September . . . . . . . . 60‚000 October . . . .
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this formula Direct labor cost = 40000 = 6250 Hours Per D.Labor hours rate 6.40 1) Prime Cost (2) Conversion Cost Material opening 24000 Direct labor 40000 + purchase 56000 FOH Applied Material available for use 80000 6250 Hours@ 8 50000 - Material ending (20000) Conversion cost 90000 Material used 60000 + Direct labor 40000 Prime Cost 100000 (3) Cost of goods manufactured (4) Cost of goods sold Prime cost 100000 Cost of goods manufactured
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Chapter 8: Cost Estimation Strategic Role of Cost Estimation * Cost Estimationthe development of a well-defined relationship b/t a cost object and its cost drivers for the purpose of predicting the cost * Facilitates strategic mgmt is 2 ways * Helps predict future costs * Helps identify key cost drivers for a cost object and which driver is most useful * Using Cost Estimation to Predict future costs * Strategic mgmt requires accurate estimates for the
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Cost-Volume-Profit Analysis Self-Test Questions 1. The difference between the sales price and the total variable costs is the contribution margin. (D) 2. The breakeven volume in units (perfume sticks) for 2005 is TR-VC-FC=PBT MR=900000/1800 = 500 TR-VC-FC=0 VC/Q = 495000/1800 = 275 Q*MR - Q(VC/Q) = FC Q = _____FC_____ MR-VC/Q Q = 247500/(500 275) Q=1100 Therefore (B) 3. If sales volume is expected to be 2100 units with prices/costs same‚ after-tax net income is expected
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