120000 148000 124000 24000 310000 -46000 306000 0 0 0 0 0 Problem 1 Problem 2 (25 points) Beginning inventory, raw materials Purchases of raw materials Plus: Purchases of raw materials Raw materials available for use Less: Ending raw materials inventory Cost of direct raw materials used Manufacturing overhead Total manufacturing costs Total work in process Cost of goods manufactured Schedule of Cost of Goods Manufactured Break-even point in units Fixed Costs Break-even point in dollars Break-even point in units * selling price Required: JZ is a musician who is conside
120000 148000 124000 24000 310000 -46000 306000 0 0 0 0 0 Problem 1 Problem 2 (25 points) Beginning inventory, raw materials Purchases of raw materials Plus: Purchases of raw materials Raw materials available for use Less: Ending raw materials inventory Cost of direct raw materials used Manufacturing overhead Total manufacturing costs Total work in process Cost of goods manufactured Schedule of Cost of Goods Manufactured Break-even point in units Fixed Costs Break-even point in dollars Break-even point in units * selling price Required: JZ is a musician who is considering whether to independently produce and sell a CD. JZ estimates fixed costs of $10,000 and variable costs of $4.00 per unit. The expected selling price is $12 per CD. What is JZ’s break-even point in units and dollars? Required: Use the following information to complete the below schedule of cost of goods manufactured. Ending work-in-process inventory Direct labor Plus: Beginning work-in-process inventory Less: Ending work-in-process inventory Contribution margin per unit ???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
Attachments:
acct301.xlsx