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Product Line Earnings Statements (Dollar amounts are in thousands) Annual Costs of Operating Each Product Line Sales in units Sales in dollars Unit-level costs: Cost of production Sales commissions Fiber-Treats Carbo-Crunch Sugar-Bits 54,240 542,400 $ 542,400 542,400 $ 542,400 271,200 $ 271,200 Total 1,356,000 $ 1,356,000 54,240 30,300 138,780 6,780 6,780 2,660 16,220 Shipping and handling 12,204 10,848 5,060 28,112 Miscellaneous 4,068 2,712 2,400 9,180 Total unit-level costs 77,292 74,580 40,420 192,292 Product-level costs: Supervisors' salaries 5,060 3,860 2,400 11,320 Facility-level costs: Rent 50,600 50,600 24,000 125,200 Utilities 67,800 67,800 33,900 169,500 Depreciation on equipment 218,000 218,000 109,000 545,000 Allocated companywide expenses 13,560 13,560 6,780 Total facility-level costs 349,960 349,960 173,680 Total product cost 432,312 428,400 216,500 33,900 873,600 1,077,212 Profit on products $ 110,088 $ 114,000 $ 54,700 $ 278,788 Required Prepare revised product-line earnings statements based on the elimination of Sugar-Bits. (Hint: It will be necessary to calculate some per-unit data to accomplish this.) Note: Enter your answers in thousands. Do not round intermediate calculations. Enter all amounts as positive values. Revised Product Line Earnings Statements Annual Costs of Operating Each Product Line Fiber-Treats Carbo-Crunch Sales in units Sales in dollars Unit-level costs: Total unit-level costs Product-level costs: Facility-level costs: Total facility-level costs Total product cost Profit on products Sale of Sugar-Bits equipment Segment earnings Totals 0 $ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Product Line Earnings Statements (Dollar amounts are in thousands) Annual Costs of Operating Each Product Line Sales in units Sales in dollars Unit-level costs: Cost of production Sales commissions Fiber-Treats Carbo-Crunch Sugar-Bits 54,240 542,400 $ 542,400 542,400 $ 542,400 271,200 $ 271,200 Total 1,356,000 $ 1,356,000 54,240 30,300 138,780 6,780 6,780 2,660 16,220 Shipping and handling 12,204 10,848 5,060 28,112 Miscellaneous 4,068 2,712 2,400 9,180 Total unit-level costs 77,292 74,580 40,420 192,292 Product-level costs: Supervisors' salaries 5,060 3,860 2,400 11,320 Facility-level costs: Rent 50,600 50,600 24,000 125,200 Utilities 67,800 67,800 33,900 169,500 Depreciation on equipment 218,000 218,000 109,000 545,000 Allocated companywide expenses 13,560 13,560 6,780 Total facility-level costs 349,960 349,960 173,680 Total product cost 432,312 428,400 216,500 33,900 873,600 1,077,212 Profit on products $ 110,088 $ 114,000 $ 54,700 $ 278,788 Required Prepare revised product-line earnings statements based on the elimination of Sugar-Bits. (Hint: It will be necessary to calculate some per-unit data to accomplish this.) Note: Enter your answers in thousands. Do not round intermediate calculations. Enter all amounts as positive values. Revised Product Line Earnings Statements Annual Costs of Operating Each Product Line Fiber-Treats Carbo-Crunch Sales in units Sales in dollars Unit-level costs: Total unit-level costs Product-level costs: Facility-level costs: Total facility-level costs Total product cost Profit on products Sale of Sugar-Bits equipment Segment earnings Totals 0 $ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter13: Lean Manufacturing And Activity Analysis
Section: Chapter Questions
Problem 18E
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Product Line Earnings Statements (Dollar amounts are in thousands) Annual Costs of Operating Each Product Line Sales in units Sales in dollars Unit-level costs: Cost of production Sales commissions Fiber-Treats Carbo-Crunch Sugar-Bits 54,240 542,400 $ 542,400 542,400 $ 542,400 271,200 $ 271,200 Total 1,356,000 $ 1,356,000 54,240 30,300 138,780 6,780 6,780 2,660 16,220 Shipping and handling 12,204 10,848 5,060 28,112 Miscellaneous 4,068 2,712 2,400 9,180 Total unit-level costs 77,292 74,580 40,420 192,292 Product-level costs: Supervisors' salaries 5,060 3,860 2,400 11,320 Facility-level costs: Rent 50,600 50,600 24,000 125,200 Utilities 67,800 67,800 33,900 169,500 Depreciation on equipment 218,000 218,000 109,000 545,000 Allocated companywide expenses 13,560 13,560 6,780 Total facility-level costs 349,960 349,960 173,680 Total product cost 432,312 428,400 216,500 33,900 873,600 1,077,212 Profit on products $ 110,088 $ 114,000 $ 54,700 $ 278,788 Required Prepare revised product-line earnings statements based on the elimination of Sugar-Bits. (Hint: It will be necessary to calculate some per-unit data to accomplish this.) Note: Enter your answers in thousands. Do not round intermediate calculations. Enter all amounts as positive values. Revised Product Line Earnings Statements Annual Costs of Operating Each Product Line Fiber-Treats Carbo-Crunch Sales in units Sales in dollars Unit-level costs: Total unit-level costs Product-level costs: Facility-level costs: Total facility-level costs Total product cost Profit on products Sale of Sugar-Bits equipment Segment earnings Totals 0 $ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Transcribed Image Text:Product Line Earnings Statements (Dollar amounts are in thousands) Annual Costs of Operating Each Product Line Sales in units Sales in dollars Unit-level costs: Cost of production Sales commissions Fiber-Treats Carbo-Crunch Sugar-Bits 54,240 542,400 $ 542,400 542,400 $ 542,400 271,200 $ 271,200 Total 1,356,000 $ 1,356,000 54,240 30,300 138,780 6,780 6,780 2,660 16,220 Shipping and handling 12,204 10,848 5,060 28,112 Miscellaneous 4,068 2,712 2,400 9,180 Total unit-level costs 77,292 74,580 40,420 192,292 Product-level costs: Supervisors' salaries 5,060 3,860 2,400 11,320 Facility-level costs: Rent 50,600 50,600 24,000 125,200 Utilities 67,800 67,800 33,900 169,500 Depreciation on equipment 218,000 218,000 109,000 545,000 Allocated companywide expenses 13,560 13,560 6,780 Total facility-level costs 349,960 349,960 173,680 Total product cost 432,312 428,400 216,500 33,900 873,600 1,077,212 Profit on products $ 110,088 $ 114,000 $ 54,700 $ 278,788 Required Prepare revised product-line earnings statements based on the elimination of Sugar-Bits. (Hint: It will be necessary to calculate some per-unit data to accomplish this.) Note: Enter your answers in thousands. Do not round intermediate calculations. Enter all amounts as positive values. Revised Product Line Earnings Statements Annual Costs of Operating Each Product Line Fiber-Treats Carbo-Crunch Sales in units Sales in dollars Unit-level costs: Total unit-level costs Product-level costs: Facility-level costs: Total facility-level costs Total product cost Profit on products Sale of Sugar-Bits equipment Segment earnings Totals 0 $ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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