Product Data Model A Model B Units produced sold per year S

Product Data Model A Model B Units produced & sold per year Sales Revenue Prime Cost # of Direct Labor Hours # of Machine hours #Of Set Ups # of Inspection runs # of packing orders 20,000 600,000.00 100,000.00 140,000 20,000 40 600 9,000 200,000 6,000,000.00 1,000,000.00 300,000 180,000 160 1,400 81,000 Manufacturing Overhead Costs Machinin Setup costs Inspection costs Packing Costs Total 160,000.00 180,000.00 140,000.00 $ 180,000.00 660,000.00

Solution

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Particulars Model A Model B
Direct materials and Direct labor             1,00,000           10,00,000
Allocated MOH Dept1                55,000             4,95,000
=20000*2.75 =180000*2.75
Allocated MOH Dept2             1,75,000             3,75,000
=140000*1.25 =300000*1.25
Product cost Total             3,30,000           18,70,000
Product cost (CGS) per unit                  16.50 9.35
Selling price per unit                        30                        30
Gross profit per unit 13.50 20.65
 Product Data Model A Model B Units produced & sold per year Sales Revenue Prime Cost # of Direct Labor Hours # of Machine hours #Of Set Ups # of Inspection

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