成本性态分析讲述.ppt

5-* * Harvey had no beginning inventory and sold only twenty thousand of the twenty-five thousand units produced, leaving five thousand units in ending inventory. The sales price is thirty dollars per unit, so sales revenue for the twenty thousand units sold is six hundred thousand dollars. The computation of cost of goods sold on your screen starts with beginning inventory, adds cost of goods manufactured and subtracts ending inventory. We could also compute cost of goods sold directly by multiplying twenty thousand units sold times the sixteen dollar unit cost. We subtract cost of goods sold from sales to get the two hundred eighty thousand dollar gross margin. We subtract selling and administrative expenses from gross margin to get absorption cost net operating income of one hundred twenty thousand dollars. The sixty thousand dollar variable selling and administrative expense is computed by multiplying twenty thousand units sold times three dollars per unit. The one hundred thousand dollar fixed administrative expense was given earlier. 5-* * Now let’s examine a variable cost income statement. Notice that this is a contribution format statement. First, we subtract all variable expenses from sales to get contribution margin. The first variable expense is variable cost of goods sold, which is computed using only the ten dollar per unit variable manufacturing cost. The next variable expense is the variable selling and administrative expense. It is computed as before, twenty thousand units sold at three dollars per unit. After computing contribution margin, we subtract fixed expenses to get the ninety thousand dollar variable cost net operating income. Note that all of the one hundred fifty thousand dollars of fixed manufacturing overhead is expensed as a lump sum. 5-* * The only difference between the two methods is the treatment of fixed manufacturing overhead. Absorption costing treats fixed manufacturing overhead as a product cost using an overh