Model 9: Determination of costs (fixed and variable)
A manufacturer provides you the following data regarding his operations for the year:
|
Break-even sales |
– |
5,80,000 |
|
Direct materials |
– |
90,000 |
|
Gross profit |
– |
1,50,000 |
|
Contribution margin |
– |
2,00,000 |
|
Direct labour |
– |
2,00,000 |
|
Sales |
– |
8,00,000 |
|
Variable manufacturing overhead |
– |
10,000 |
You are required to calculate:
- Fixed manufacturing overhead.
- Fixed selling and administrative overhead.
- Variable selling and administrative overhead.