Soal Budgeting
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1 YOTO Tire Compan y Yoto Tire Company’s budgeted unit sales for the year 2011 were: Passenger car tires . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000 Truck tires . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,500 The budgeted selling price for truck tires was $300 per tire, and that for passenger car tires was $90 per tire. The beginning finished goods inventories were expected to be 2,500 truck tires and 6,000 passenger tires, for a total cost of $400,510, with desired ending inventories at 2,000 and 5,000, respectively, and a total cost of $326,478. There was no anticipated beginning or ending work in process inventory for either type of tire. The standard materials quantities for each type of tire were as follows: Truck Passenger Car -------------- ---------------------- Rubber . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 lb 15 lb Steel belts . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... 4.5 lb 2.0 lb The purchase prices of rubber and steel were $3 and $2 per pound, respectively. The desired ending inventories for rubber and steel were 60,000 and 6,000 pounds, respectively. The estimated
description
Akuntansi Biaya
Transcript of Soal Budgeting
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YOTO Tire CompanyYoto Tire Company’s budgeted unit sales for the year 2011 were:Passenger car tires . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000Truck tires . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,500The budgeted selling price for truck tires was $300 per tire, and that for passenger car tires was $90 per tire. The beginning finished goods inventories were expected to be 2,500 truck tires and 6,000 passenger tires, for a total cost of $400,510, with desired ending inventories at 2,000 and 5,000, respectively, and a total cost of $326,478. There was no anticipated beginning or ending work in process inventory for either type of tire.The standard materials quantities for each type of tire were as follows:
Truck Passenger Car -------------- ----------------------
Rubber . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 lb 15 lbSteel belts . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... 4.5 lb 2.0 lbThe purchase prices of rubber and steel were $3 and $2 per pound, respectively. The desired ending inventories for rubber and steel were 60,000 and 6,000 pounds, respectively. The estimated beginning
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inventories for rubber and steel were 75,000 and 7,500 pounds, respectively.The direct labor hours required for each type of tire were as follows:
Molding Department Finishing Department--------------------------- -----------------------------
Truck tire . . . . . . . . . . . . . . . . . . . . . . . .. . . . 0.20 0.10Passenger car tire . . . . . . . . . . . . . . . . . . . . 0.10 0.05The direct labor rate for each department is as follows:Molding Department . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $13 per hourFinishing Department . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $15 per hourBudgeted factory overhead costs for 2011 were as follows:Indirect materials . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . $170,560Indirect labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 158,800Depreciation of building and equipment . . . . . . . . . . . . . . . . . . . . . . . 98,320Power and light . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 126,000Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $553,680Required:Prepare each of the following budgets for Yoto for the year ended 2011:1. Sales budget2. Production budget3. Direct material budget4. Direct labor budget5. Factory overhead budget6. Cost of goods sold budget
