Resolución de Ejercicios Del Texto Base Sugeridos para Realizar en Sus Cuadernos de Trabajo

Resolución de Ejercicios del Texto Base sugeridos para realizar en sus cuadernos de trabajo.
Capítulo1.
1-16 Cadena de Valor y Clasificación de los Costos. Compañía de computadoras.
Cost Item Value Chain Business Function

a. Producción
b. Distribución
c. Diseño de productos y procesos
d. Investigación y Desarrollo
e. Servicio al Cliente o Marketing.
f. Diseño de productos y procesos
(ó Investigación y Desarrollo)
g. Marketing
h. Producción
1.18 Cadena de Valor y clasificación de costos, Restaurant de comida rápida.
Cost Item Value Chain Business Function

a. Producción
b. Distribución
c. Marketing
d. Marketing
e. Marketing
f. Producción
g. Diseño de productos y procesos (o Investigación y Desarrollo)
h. Servicio al cliente.
1-20 Decisiones de Planeación y control.
Action Decision
a. Planeamiento
b. Control
c. Control
d. Planeamiento
e. Planeamiento
3-
Capítulo 2.
2-16 Cálculo e interpretación de los costos unitarios de manufactura.

1.
(en millones)
Supremo De lujo Regular Total
Costo de Materiales directos $ 89.00 $ 57.00 $60.00 $206.00
Direct manuf. labor costs 16.00 26.00 8.00 50.00
Manufacturing overhead costs 48.00 78.00 24.00 150.00
Total manuf. costs 153.00 161.00 92.00 406.00
Fixed costs allocated at a rate
of $15M  $50M (direct mfg.
labor) equal to $0.30 per
dir. manuf. labor dollar
(0.30  $16; 26; 8) 4.80 7.80 2.40 15.00
Variable costs $148.20 $153.20 $89.60 $391.00
Units produced (millions) 125 150 140
Cost per unit (Total manuf.
costs ÷ units produced) $1.2240 $1.0733 $0.6571
Variable manuf. cost per unit
(Variable manuf. costs

 Units produced) $1.1856 $1.0213 $0.6400
(in millions)
Supreme Deluxe Regular Total
2. Based on total manuf. cost
per unit ($1.2240  150;
$1.0733  190; $0.6571  220) $183.60 $203.93 $144.56 $532.09
Correct total manuf. costs based
on variable manuf. costs plus
fixed costs equal
Variable costs ($1.1856  150; $177.84 $194.05 $140.80 $512.69
$1.0213  190; $0.64  220)
Fixed costs 15.00
Total costs $527.69

3-
The total manufacturing cost per unit in requirement 1 includes $15 million of indirect
manufacturing costs that are fixed irrespective of changes in the volume of output per month,
while the remaining variable indirect manufacturing costs change with the production volume.
Given the unit volume changes for August 2011, the use of total manufacturing cost per unit
from the past month at a different unit volume level (both in aggregate and at the individual
product level) will overestimate total costs of $532.09 million in August 2011 relative to the
correct total manufacturing costs of $527.69 million calculated using variable manufacturing
cost per unit times units produced plus the fixed costs of $15 million.
2-18 Classification of costs, service sector.
Cost object: Each individual focus group
Cost variability: With respect to the number of focus groups
There may be some debate over classifications of individual items, especially with
regard to cost variability.
Cost Item D or I V or F
A D V
B I F
C I Va
D I F
E D V
F I F
G D V
H I Vb
a
Some students will note that phone call costs are variable when each call has a separate charge. It may
be a fixed cost if Consumer Focus has a flat monthly charge for a line, irrespective of the amount of
usage.
b
Gasoline costs are likely to vary with the number of focus groups. However, vehicles likely serve
multiple purposes, and detailed records may be required to examine how costs vary with changes in one
of the many purposes served.
3-
2-21 Variable costs, fixed costs, total costs.
1.
Minutes/month 0 50 100 150 200 240 300 327.5 350 400 450 510 540 600 650
Plan A ($/month) 0 5 10 15 20 24 30 32.75 35 40 45 51 54 60 65

Plan B ($/month) 15 15 15 15 15 15 19.80 22 23.80 27.80 31.80 36.60 39 43.80 47.80
Plan C ($/month) 22 22 22 22 22 22 22 22 22 22 22 22 23.50 26.50 29
60
50
40
Total Cost
Plan A
30
Plan B
20 Plan C
10
0
0 100 200 300 400 500 600
Number of long-distance minutes
2. In each region, Ashton chooses the plan that has the lowest cost. From the graph (or
from calculations)*, we can see that if Ashton expects to use 0–150 minutes of long-distance
each month, she should buy Plan A; for 150–327.5 minutes, Plan B; and for over 327.5 minutes,
Plan C. If Ashton plans to make 100 minutes of long-distance calls each month, she should
choose Plan A; for 240 minutes, choose Plan B; for 540 minutes, choose Plan C.
*Let x be the number of minutes when Plan A and Plan B have equal cost
$0.10x = $15
x = $15 ÷ $0.10 per minute = 150 minutes.
Let y be the number of minutes when Plan B and Plan C have equal cost
$15 + $0.08 (y – 240) = $22
$0.08 (y – 240) = $22 – $15 = $7
$7
 87.5
y – 240 = $0.08
y = 87.5 + 240 = 327.5 minutes
2-22 Variable costs and fixed costs.
1. Variable cost per ton of beach sand mined

Subcontractor $ 80 per ton
3-
Government tax 50 per ton
Total $130 per ton
Fixed costs per month

0 to 100 tons of capacity per day = $150,000
2.
$975,000 $450,000
Costs
Total Variable Costs
$650,000 $300,000
Total Fixed
$325,000 $150,000
2,500 5,000 7,500 100 200 300

Tons Mined Tons of Capacity per Day
The concept of relevant range is potentially relevant for both graphs. However, the question
does not place restrictions on the unit variable costs. The relevant range for the total fixed costs
is from 0 to 100 tons; 101 to 200 tons; 201 to 300 tons, and so on. Within these ranges, the
total fixed costs do not change in total.
3.
Tons Tons Mined Fixed Unit Variable Unit Total Unit
Mined
per Month Cost per Ton Cost per Ton Cost per Ton
per Day
(1) (2) = (1) × 25 (3) = FC ÷ (2) (4) (5) = (3) + (4)
(a) 180 4,500 $300,000 ÷ 4,500 = $130 $196.67

$66.67
(b) 220 5,500 $450,000 ÷ 5,500 = $130 $211.82

$81.82
3-
The unit cost for 220 tons mined per day is $211.82, while for 180 tons it is only $196.67. This
difference is caused by the fixed cost increment from 101 to 200 tons being spread over an
increment of 80 tons, while the fixed cost increment from 201 to 300 tons is spread over an
increment of only 20 tons.
2-26 Total costs and unit costs

1.
Number of attendees 0 100 200 300 400 500 600
Variable cost per person
($9 caterer charge –
$5 student door fee) $4 $4 $4 $4 $4 $4 $4
Fixed Costs $1,600 $1,600 $1,600 $1,600 $1,600 $1,600 $1,600
Variable costs (number of
attendees × variable cost per
person) 0 400 800 1,200 1,600 2,000 2,400
Total costs (fixed + variable) $1,600 $2,000 $2,400 $2,800 $3,200 $3,600 $4,000
Fixed, Variable and Total Cost of Graduation Party
5000
4000
3000 Fixed costs

Costs ($)
Variable costs
Total cost
2000
1000
0
0 100 200 300 400 500 600
Number of attendees
2.
Number of attendees 0 100 200 300 400 500 600
Total costs
(fixed + variable) $1,600 $2,000 $2,400 $2,800 $3,200 $3,600 $4,000
3-
Costs per attendee (total
costs  number of attendees) $20.00 $12.00 $9.33 $ 8.00 $ 7.20 $ 6.67
As shown in the table above, for 100 attendees the total cost will be $2,000 and the cost per
attendee will be $20.
3. As shown in the table in requirement 2, for 500 attendees the total cost will be $3,600 and
the cost per attendee will be $7.20.
4. Using the calculations shown in the table in requirement 2, we can construct the cost-per-
attendee graph shown below:
$25.00
$20.00
Cost per Attendee ($)
$15.00
$10.00
$5.00
$0.00
0 100 200 300 400 500 600 700
Number of Attendees
As president of the student association requesting a grant for the party, you should not use the
per unit calculations to make your case. The person making the grant may assume an
attendance of 500 students and use a low number like $7.20 per attendee to calculate the size
of your grant. Instead, you should emphasize the fixed cost of $1,600 that you will incur even if
no students or very few students attend the party, and try to get a grant to cover as much of
the fixed costs as possible as well as a variable portion to cover as much of the $4 variable cost
to the student association for each person attending the party.
2-29 Computing cost of goods purchased and cost of goods sold.
1a. Marvin Department Store

Schedule of Cost of Goods Purchased
For the Year Ended December 31, 2011
(in thousands)
Purchases $155,000
Add transportation-in 7,000
162,000
3-
Deduct:
Purchase returns and allowances $4,000
Purchase discounts 6,000 10,000
Cost of goods purchased $152,000
1b. Marvin Department Store

Schedule of Cost of Goods Sold
(in thousands)
Beginning merchandise inventory 1/1/2011 $ 27,000

Cost of goods purchased (see above) 152,000
Cost of goods available for sale 179,000
Ending merchandise inventory 12/31/2011 34,000
Cost of goods sold $145,000
2. Marvin Department Store

Income Statement
Year Ended December 31, 2011
(in thousands)
Revenues $280,000
Cost of goods sold (see above) 145,000
Gross margin 135,000
Operating costs
Marketing, distribution, and customer
service costs $37,000
Utilities 17,000
General and administrative costs 43,000
Miscellaneous costs 4,000
Total operating costs 101,000
Operating income $ 34,000
3-
3-
2-30 Cost of goods purchased, cost of goods sold, and income statement.
1a. Montgomery Retail Outlet Stores

Schedule of Cost of Goods Purchased
(in thousands)
Purchases $260,000
Add freight—in 10,000
270,000
Deduct:
Purchase returns and allowances $11,000
Purchase discounts 9,000 20,000
Cost of goods purchased $250,000
1b. Montgomery Retail Outlet Stores

Schedule of Cost of Goods Sold
(in thousands)
Beginning merchandise inventory 1/1/2011 $ 45,000

Cost of goods purchased (see above) 250,000
Ending merchandise inventory 12/31/2011 52,000
2. Montgomery Retail Outlet Stores

Income Statement
(in thousands)
3-
Revenues $320,000
Cost of goods sold (see above) 243,000
Gross margin 77,000
Operating costs
Marketing and advertising costs $24,000
Building depreciation 4,200
Shipping of merchandise to customers 2,000
2-31 Flow of Inventoriable Costs.

(All numbers below are in millions).
1.
Direct materials inventory 10/1/2011 $ 105
Direct materials purchased 365
Direct materials available for production 470
Direct materials used (385)
Direct materials inventory 10/31/2011 $ 85
2.
Total manufacturing overhead costs $ 450
Subtract: Variable manufacturing overhead costs (265)
Fixed manufacturing overhead costs for October 2011 $ 185
3.
Total manufacturing costs $ 1,610
Subtract: Direct materials used (from requirement 1) (385)
Total manufacturing overhead costs (450)
Direct manufacturing labor costs for October 2011 $ 775
4.
Work-in-process inventory 10/1/2011 $ 230
3-
Total manufacturing costs 1,610
Work-in-process available for production 1,840
Subtract: Cost of goods manufactured (moved into FG) (1,660)
Work-in-process inventory 10/31/2011 $ 180
5.
Finished goods inventory 10/1/2011 $ 130
Cost of goods manufactured (moved from WIP) 1,660
Cost of finished goods available for sale in October 2011 $ 1,790
6.
Finished goods available for sale in October 2011
(from requirement 5) $ 1,790
Subtract: Cost of goods sold (1,770)
Finished goods inventory 10/31/2011 $ 20
2-32 Cost of goods manufactured.

1. Canseco Company
Schedule of Cost of Goods Manufactured
(in thousands)
Direct materials cost
Beginning inventory, January 1, 2011 $ 22,000
Purchases of direct materials 75,000
Cost of direct materials available for use 97,000
Ending inventory, December 31, 2011 26,000
Direct materials used $ 71,000
Direct manufacturing labor costs 25,000
Indirect manufacturing costs
Indirect manufacturing labor 15,000
Plant insurance 9,000

3-
Depreciation—plant building & equipment 11,000
Repairs and maintenance—plant 4,000
Total indirect manufacturing costs 39,000
Manufacturing costs incurred during 2011 135,000
Add beginning work-in-process inventory, January 1, 2011 21,000
Total manufacturing costs to account for 156,000
Deduct ending work-in-process inventory, December 31, 2011 20,000
Cost of goods manufactured (to Income Statement) $136,000

2. Canseco Company
Income Statement
(in thousands)

Revenues $300,000
Cost of goods sold:
Beginning finished goods, January 1, 2011 $ 18,000
Cost of goods manufactured 136,000
Ending finished goods, December 31, 2011 23,000
Cost of goods sold 131,000
Operating costs:
Marketing, distribution, and customer-service costs 93,000
3-
2-33 Cost of goods manufactured, income statement, manufacturing
company.
Piedmont Corporation
(in thousands)

Direct materials costs
Beginning inventory, January 1, 2011 $ 65,000
Purchases of direct materials 128,000
Cost of direct materials available for use 193,000
Ending inventory, December 31, 2011 34,000
Direct materials used $159,000
Direct manufacturing labor costs 106,000
Indirect manufacturing labor 48,000
Indirect materials 14,000
Plant insurance 2,000
Depreciation—plant building & equipment 21,000
Plant utilities 12,000
Repairs and maintenance—plant 8,000
Equipment lease costs 32,000
Total indirect manufacturing costs 137,000
Manufacturing costs incurred during 2011 402,000
Add beginning work-in-process inventory, January 1, 2011 83,000
Total manufacturing costs to account for 485,000
Deduct ending work-in-process inventory, December 31, 2011 72,000
Cost of goods manufactured (to Income Statement) $413,000

Piedmont Corporation
3-
Income Statement
(in thousands)

Revenues $600,000
Cost of goods sold:
Beginning finished goods, January 1, 2011 $123,000
Ending finished goods, December 31, 2011 102,000
Cost of goods sold 434,000
Operating costs:
2-34 Income statement and schedule of cost of goods manufactured.
Howell Corporation
Income Statement for the Year Ended December 31, 2011
(in millions)
Revenues $950
Cost of goods sold
Beginning finished goods, Jan. 1, 2011 $ 70
Cost of goods manufactured (below) 645
Cost of goods available for sale 715
Ending finished goods, Dec. 31, 2011 55 660
Gross margin 290
Marketing, distribution, and customer-service costs 240
Operating income $ 50
Howell Corporation
for the Year Ended December 31, 2011
(in millions)
3-
Direct materials costs
Beginning inventory, Jan. 1, 2011 $ 15
Purchases of direct materials 325
Cost of direct materials available for use 340
Ending inventory, Dec. 31, 2011 20
Direct materials used $320
Direct manufacturing labor costs 100
Indirect manufacturing labor 60
Plant supplies used 10
Plant utilities 30
Depreciation––plant and equipment 80
Plant supervisory salaries 5
Miscellaneous plant overhead 35 220
Manufacturing costs incurred during 2011 640
Add beginning work-in-process inventory, Jan. 1, 2011 10
Total manufacturing costs to account for 650
Deduct ending work-in-process, Dec. 31, 2011 5
Cost of goods manufactured $645
2-36 (25–30 min.) Income statement and schedule of cost of goods manufactured.
Calendar Corporation
Income Statement
(in millions)
Revenues $355
Cost of goods sold
Cost of goods manufactured (below) 228
Cost of goods available for sale 275
Ending finished goods, Dec. 31, 2011 11 264
Gross margin 91
Marketing, distribution, and customer-service costs 94
Operating income (loss) $ (3)
Calendar Corporation
(in millions)
Direct material costs

Beginning inventory, Jan. 1, 2011 $ 32
Direct materials purchased 84
Cost of direct materials available for use 116
Ending inventory, Dec. 31, 2011 8
Direct materials used $108
3-
Direct manufacturing labor costs 42
Property taxes on plant 2
Plant utilities 9
Indirect manufacturing labor costs 27
Depreciation––plant and equipment 6
Miscellaneous manufacturing overhead costs 15 63
Manufacturing costs incurred during 2011 213
Add beginning work-in-process inventory, Jan. 1, 2011 18
Total manufacturing costs to account for 231
Deduct ending work-in-process inventory, Dec. 31, 2011 3
Cost of goods manufactured (to income statement) $228
2-37 Terminology, interpretation of statements (continuation of 2-34).
1. Direct materials used $108 million

Direct manufacturing labor costs 42 million
Prime costs $150 million
Direct manufacturing labor costs $ 42 million

Indirect manufacturing costs 63 million
Conversion costs $105 million
2. Inventoriable costs (in millions) for Year 2011

Plant utilities $ 9
Indirect manufacturing labor 27
Depreciation—plant and equipment 6
Miscellaneous manufacturing overhead 15
Direct materials used 108
Direct manufacturing labor 42
Property tax on plant 2
Total inventoriable costs $213
Period costs (in millions) for Year 2011
Marketing, distribution, and customer-service costs $ 94
3-
3. Design costs and R&D costs may be regarded as product costs in case of contracting with
a governmental agency. For example, if the Air Force negotiated to contract with Lockheed to
build a new type of supersonic fighter plane, design costs and R&D costs may be included in the
contract as product costs.
4. Direct materials used = $108,000,000 ÷ 2,000,000 units = $54 per unit

Depreciation on plant and equipment = $6,000,000 ÷ 2,000,000 units = $3 per unit
5. Direct materials unit cost would be unchanged at $108. Depreciation unit cost would be
$6,000,000 ÷ 3,000,000 = $2 per unit. Total direct materials costs would rise by 50% to
$162,000,000 ($54 per unit × 3,000,000 units). Total depreciation cost of $6,000,000 would
remain unchanged.
6. In this case, equipment depreciation is a variable cost in relation to the unit output. The
amount of equipment depreciation will change in direct proportion to the number of units
produced.
(a) Depreciation will be $2 million (2 million × $1) when 2 million units are produced.
(b) Depreciation will be $3 million (3 million × $1) when 3 million units are produced.
2-38 Labor cost, overtime and idle time.
1.(a) Total cost of hours worked at regular rates

44 hours × $20 per hour $ 880
43 hours × $20 per hour 860
3,620
Minus idle time
(3.5 hours × $20 per hour) 70
(2 hours × $20 per hour) 40
Total idle time 354
3-
Direct manufacturing labor costs $3,266
(b) Idle time = 17.7 hours × $20 per hour = $ 354

(c) Overtime and holiday premium.
Week 1: Overtime (44 – 40) hours × Premium, $10 per hour $ 40
Week 2: Overtime (43 – 40) hours × Premium, $10 per hour 30
Week 4: Holiday 8 hours × 2 days × Premium, $20 per hour 320
Total overtime and holiday premium $ 610
(d) Total earnings in December

Direct manufacturing labor costs $3,266
Idle time 354
Overtime and holiday premium 610
Total earnings $4,230
2. Idle time caused by regular machine maintenance, slow order periods, or unexpected
mechanical problems is an indirect cost of the product because it is not related to a specific
product.
Overtime premium caused by the heavy overall volume of work is also an indirect cost
because it is not related to a particular job that happened to be worked on during the overtime
hours. If, however, the overtime is the result of a demanding “rush job,” the overtime premium
is a direct cost of that job.
2-40 Comprehensive problem on unit costs, product costs.
1. If 2 pounds of direct materials are used to make each unit of finished product, 123,000
units × 2 lbs., or 246,000 lbs. were used at $0.60 per pound of direct materials ($147,600 ÷
246,000 lbs.). (The direct material costs of $147,600 are direct materials used, not purchased.)
Therefore, the ending inventory of direct materials is 2,400 lbs.  $0.60 = $1,440.
2. Manufacturing Costs for 123,000 units

Variable Fixed Total
Direct materials costs $147,600 $ – $147,600
Direct manufacturing labor costs 38,400 – 38,400
3-
Plant energy costs 2,000 – 2,000
Indirect manufacturing labor costs 14,000 19,000 33,000
Other indirect manufacturing costs 11,000 14,000 25,000
Cost of goods manufactured $213,000 $33,000 $246,000
Average unit manufacturing cost: $246,000 ÷ 123,000 units

= $2.00 per unit
$26,000 (given)
Finished goods inventory in units: = $2.00 per unit
= 13,000 units
3. Units sold in 2011 = Beginning inventory + Production – Ending inventory

= 0 + 123,000 –13,000 = 110,000 units
Selling price in 2011 = $594,000 ÷ 110,000
= $5.40 per unit
4.
Denver Office Equipment
Income Statement
(in thousands)
Revenues (110,000 units sold × $5.40) $594,000

Cost of units sold:
Ending finished goods, Dec. 31, 2011 26,000 220,000
Operating costs:
Administrative costs 56,000 232,000
Operating income $142,000
Note: Although not required, the full set of unit variable costs is:
Direct materials cost $1.200
Direct manufacturing labor cost 0.312
Plant energy cost 0.016 = $1.731 per unit manufactured
Indirect manufacturing labor cost 0.114
Other indirect manufacturing cost 0.089
Marketing, distribution, and customer-service costs $1.041 per unit sold
3-
CAPITULO 3.
3-18 (35–40 min.) CVP analysis, changing revenues and costs.
1a. SP = 6% × $1,500 = $90 per ticket

VCU = $43 per ticket
CMU = $90 – $43 = $47 per ticket
FC = $23,500 a month
FC $23,500
Q = CMU = $47 per ticket
= 500 tickets
FC + TOI $23,500 + $17,000

1b. Q = CMU = $47 per ticket
$40,500
= $47 per ticket
= 862 tickets (rounded up)
2a. SP = $90 per ticket

CMU = $90 – $40 = $50 per ticket
FC $23,500
= 470 tickets
3-
FC + TOI $23,500 + $17,000
$40,500
= $50 per ticket
= 810 tickets
3a. SP = $60 per ticket

CMU = $60 – $40 = $20 per ticket
FC $23,500
= 1,175 tickets
FC + TOI $23,500 +$17,000

$40,500
= $20 per ticket
= 2,025 tickets
The reduced commission sizably increases the breakeven point and the number of tickets
required to yield a target operating income of $17,000:
6%
Commission Fixed
3-
(Requirement 2) Commission of $60
Breakeven point 470 1,175

Attain OI of $10,000 810 2,025
4a. The $5 delivery fee can be treated as either an extra source of revenue (as done below)
or as a cost offset. Either approach increases CMU $5:
SP = $65 ($60 + $5) per ticket

CMU = $65 – $40 = $25 per ticket
FC $23,500
= 940 tickets
FC + TOI $23,500 +$17,000

$40,500
= $25 per ticket
= 1,620 tickets
The $5 delivery fee results in a higher contribution margin which reduces both the breakeven
point and the tickets sold to attain operating income of $17,000.
3-
3-20 CVP exercises.
1a. [Units sold (Selling price – Variable costs)] – Fixed costs = Operating income
[5,000,000 ($0.50 – $0.30)] – $900,000 = $100,000
1b. Fixed costs ÷ Contribution margin per unit = Breakeven units

$900,000 ÷ [($0.50 – $0.30)] = 4,500,000 units
Breakeven units × Selling price = Breakeven revenues
4,500,000 units × $0.50 per unit = $2,250,000
or,
Selling price −Variable costs

Contribution margin ratio = Selling price
$0 .50 - $0.30
= $0 .50 = 0.40
Fixed costs ÷ Contribution margin ratio = Breakeven revenues
$900,000 ÷ 0.40 = $2,250,000
2. 5,000,000 ($0.50 – $0.34) – $900,000 = $ (100,000)
3. [5,000,000 (1.1) ($0.50 – $0.30)] – [$900,000 (1.1)] = $ 110,000
4. [5,000,000 (1.4) ($0.40 – $0.27)] – [$900,000 (0.8)] = $ 190,000
5. $900,000 (1.1) ÷ ($0.50 – $0.30) = 4,950,000 units
6. ($900,000 + $20,000) ÷ ($0.55 – $0.30) = 3,680,000 units
3-21 CVP analysis, income taxes.
3-
1. Monthly fixed costs = $48,200 + $68,000 + $13,000 = $129,200
Contribution margin per unit = $27,000 – $23,000 – $600 = $ 3,400
Monthly fixed costs $129,200
Breakeven units per month = Contribution margin per unit = $3,400 per car = 38 cars
2. Tax rate 40%

Target net income $51,000
Target net income $51,000 $51,000
  
Target operating income = 1 - tax rate (1  0.40) 0.60 $85,000
Quantity of output units Fixed costs + Target operating income  $129, 200  $85,000 
required to be sold = Contribution margin per unit $3, 400 63 cars
3-22 CVP analysis, income taxes.
1. Variable cost percentage is $3.40  $8.50 = 40%

Let R = Revenues needed to obtain target net income
$ 107 ,100
R – 0.40R – $459,000 = 1−0.30
0.60R = $459,000 + $153,000
R = $612,000  0.60
R = $1,020,000
Fixed costs + Target operating income

Target revenues 
or, Contribution margin percentage
Target net income $107,100
Fixed costs + $459, 000 
Target revenues  1  Tax rate  1  0.30  $1, 020, 000
Contribution margin percentage 0.60
Proof: Revenues $1,020,000

Variable costs (at 40%) 408,000
Contribution margin 612,000
Fixed costs 459,000
Operating income 153,000
3-
Income taxes (at 30%) 45,900
Net income $ 107,100
2.a. Customers needed to break even:

Contribution margin per customer = $8.50 – $3.40 = $5.10
Breakeven number of customers = Fixed costs  Contribution margin per customer
= $459,000  $5.10 per customer
= 90,000 customers
2.b. Customers needed to earn net income of $107,100:

Total revenues  Sales check per customer
$1,020,000  $8.50 = 120,000 customers
3. Using the shortcut approach:

 Change in   Unit 
 number of    contribution    1  Tax rate 
 customers   margin 
Change in net income =    
= (170,000 – 120,000)  $5.10  (1 – 0.30)
= $255,000  0.7 = $178,500
New net income = $178,500 + $107,100 = $285,600
Alternatively, with 170,000 customers,

Operating income = Number of customers  Selling price per customer
– Number of customers  Variable cost per customer – Fixed costs
= 170,000  $8.50 – 170,000  $3.40 – $459,000 = $408,000
Net income = Operating income × (1 – Tax rate) = $408,000 × 0.70 = $285,600
The alternative approach is:

Revenues, 170,000  $8.50 $1,445,000
Variable costs at 40% 578,000
Contribution margin 867,000
Fixed costs 459,000
Operating income 408,000
Income tax at 30% 122,400
Net income $ 285,600
3-24 CVP analysis, margin of safety.
Fixed costs
1. Breakeven point revenues = Contribution margin percentage
$660,000
Contribution margin percentage = $1,100,000 = 0.60
or 60%
Selling price −Variable cost per unit
2. Contribution margin percentage = Selling price
3-
SP  $16
0.60 = SP
0.60 SP = SP – $16
0.40 SP = $16
SP = $40
3. Breakeven sales in units = Revenues ÷ Selling price = $1,100,000 ÷ $40 = 27,500 units
Margin of safety in units = Sales in units – Breakeven sales in units
= 95,000 – 27,500 = 67,500 units
Revenues, 95,000 units  $40 $3,800,000

Breakeven revenues 1,100,000
Margin of safety $2,700,000
3-25 Operating leverage.

1a. Let Q denote the quantity of carpets sold
Breakeven point under Option 1
$500Q  $350Q = $5,000

$150Q = $5,000
Q = $5,000  $150 = 34 carpets (rounded up)

1b. Breakeven point under Option 2
$500Q  $350Q  (0.10  $500Q) = 0

100Q = 0
Q = 0
2. Operating income under Option 1 = $150Q  $5,000

Operating income under Option 2 = $100Q
Find Q such that $150Q  $5,000 = $100Q

$50Q = $5,000
Q = $5,000  $50 = 100 carpets

Revenues = $500 × 100 carpets = $50,000
3-
For Q = 100 carpets, operating income under both Option 1 ($150 × 100 – $5,000) and
Option 2 ($100 × 100) = $10,000
For Q > 100, say, 101 carpets,
Option 1 gives operating income = ($150  101)  $5,000 = $10,150
Option 2 gives operating income = $100  101 = $10,100

So Color Rugs will prefer Option 1.
For Q < 100, say, 99 carpets,
Option 1 gives operating income = ($150  99)  $5,000 = $9,850
Option 2 gives operating income = $100  99 = $9,900

So Color Rugs will prefer Option 2.
Contribution margin
3. Degree of operating leverage = Operating income
Contribution margin per unit  Quantity of carpets sold

Operating income
Under Option 1, contribution margin per unit = $500 – $350, so

$150 × 100
Degree of operating leverage = $10,000 = 1.5
Under Option 2, contribution margin per unit = $500 – $350 – 0.10  $500, so
$100 × 100
Degree of operating leverage = $10,000 = 1.0
4. The calculations in requirement 3 indicate that when sales are 100 units, a percentage
change in sales and contribution margin will result in 1.5 times that percentage change in
operating income for Option 1, but the same percentage change in operating income for Option
2. The degree of operating leverage at a given level of sales helps managers calculate the effect
of fluctuations in sales on operating incomes.
3-
3-30 Contribution margin, decision making.
1. Revenues $600,000
Deduct variable costs:

Sales commissions 60,000
Other operating costs 30,000 390,000
Contribution margin $210,000
$210,000
2. Contribution margin percentage = $600,000 = 35%
3. Incremental revenue (15% × $600,000) = $90,000

Incremental contribution margin
(35% × $90,000) $31,500
Incremental fixed costs (advertising) 13,000
Incremental operating income $18,500
If Mr. Lurvey spends $13,000 more on advertising, the operating income will increase by
$18,500, decreasing the operating loss from $49,000 to an operating loss of $30,500.
Proof (Optional):
Revenues (115% × $600,000) $690,000
Cost of goods sold (50% of sales) 345,000
Operating costs:
Salaries and wages $170,000
Sales commissions (10% of sales) 69,000
Depreciation of equipment and fixtures 20,000
Store rent 54,000
Advertising 13,000
3-
Other operating costs:
 $30,000 
 $600,000  $690, 000 
Variable   34,500
Fixed 15,000 375,500
Operating income $ (30,500)
3-33 CVP analysis, service firm.
1. Revenue per package $5,000

Variable cost per package 3,700
Contribution margin per package $1,300
Breakeven (packages) = Fixed costs ÷ Contribution margin per package

$520,000
= $1,300 per package = 400 tour packages
Contribution margin per package $1,300

2. Contribution margin ratio = Selling price = $5,000 = 26%
Revenue to achieve target income = (Fixed costs + target OI) ÷ Contribution margin
ratio
$520,000  $91,000
= 0.26 = $2,350,000, or
Number of tour packages to earn $520, 000  $91, 000

  470 tour packages
$91,000 operating income $1,300
Revenues to earn $91,000 OI = 470 tour packages × $5,000 = $2,350,000.
3. Fixed costs = $520,000 + $32,000 = $552,000
3-
Fixed costs
Breakeven (packages) = Contribution margin per package
Fixed costs
Contribution margin per package = Breakeven (packages)
$552,000
= 400 tour packages = $1,380 per tour package
Desired variable cost per tour package = $5,000 – $1,380 = $3,620
Because the current variable cost per unit is $3,700, the unit variable cost will need to be reduced
by $80 to achieve the breakeven point calculated in requirement 1.
Alternate Method: If fixed cost increases by $32,000, then total variable costs must be reduced
by $32,000 to keep the breakeven point of 400 tour packages.
Therefore, the variable cost per unit reduction = $32,000 ÷ 400 = $80 per tour package
3-

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1-16 Cadena de Valor y Clasificación de los Costos. Compañía de computadoras.

Cost Item Value Chain Business Function

1.18 Cadena de Valor y clasificación de costos, Restaurant de comida rápida.

Cost Item Value Chain Business Function

1-20 Decisiones de Planeación y control.

2-16 Cálculo e interpretación de los costos unitarios de manufactura.

Direct manuf. labor costs 16.00 26.00 8.00 50.00

Manufacturing overhead costs 48.00 78.00 24.00 150.00

Total manuf. costs 153.00 161.00 92.00 406.00

Fixed costs allocated at a rate

of $15M  $50M (direct mfg.

labor) equal to $0.30 per

dir. manuf. labor dollar

(0.30  $16; 26; 8) 4.80 7.80 2.40 15.00

Variable costs $148.20 $153.20 $89.60 $391.00

Units produced (millions) 125 150 140

Cost per unit (Total manuf.

costs ÷ units produced) $1.2240 $1.0733 $0.6571

Variable manuf. cost per unit

(Variable manuf. costs

$1.0733  190; $0.6571  220) $183.60 $203.93 $144.56 $532.09

Correct total manuf. costs based

on variable manuf. costs plus

fixed costs equal

Variable costs ($1.1856  150; $177.84 $194.05 $140.80 $512.69

$1.0213  190; $0.64  220)

Fixed costs 15.00

Total costs $527.69

Plan A ($/month) 0 5 10 15 20 24 30 32.75 35 40 45 51 54 60 65

x = $15 ÷ $0.10 per minute = 150 minutes.

$15 + $0.08 (y – 240) = $22

$0.08 (y – 240) = $22 – $15 = $7

y = 87.5 + 240 = 327.5 minutes

2-22 Variable costs and fixed costs.

1. Variable cost per ton of beach sand mined

Fixed costs per month

2,500 5,000 7,500 100 200 300

(a) 180 4,500 $300,000 ÷ 4,500 = $130 $196.67

(b) 220 5,500 $450,000 ÷ 5,500 = $130 $211.82

2-26 Total costs and unit costs

Variable cost per person

($9 caterer charge –

$5 student door fee) $4 $4 $4 $4 $4 $4 $4

Fixed Costs $1,600 $1,600 $1,600 $1,600 $1,600 $1,600 $1,600

Variable costs (number of

attendees × variable cost per

person) 0 400 800 1,200 1,600 2,000 2,400

Fixed, Variable and Total Cost of Graduation Party

3000 Fixed costs

(fixed + variable) $1,600 $2,000 $2,400 $2,800 $3,200 $3,600 $4,000

2-29 Computing cost of goods purchased and cost of goods sold.

1a. Marvin Department Store

Cost of goods purchased $152,000

1b. Marvin Department Store

Beginning merchandise inventory 1/1/2011 $ 27,000

2. Marvin Department Store

1a. Montgomery Retail Outlet Stores

Cost of goods purchased $250,000

1b. Montgomery Retail Outlet Stores

Beginning merchandise inventory 1/1/2011 $ 45,000

2. Montgomery Retail Outlet Stores

2-31 Flow of Inventoriable Costs.