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Third: Raw materials and Purchases: Quantity needed from material "M": "E" 17 kg. "F" 13 kg. "G" 11 kg. Quantity needed from material "N": "E" 16 "F" 20 kg. "G" 18 kg. The direct hours needed to produce one unit is 18 hours for "E", and 20 hours for "F", and 22 hours for "G". Rate per hour is 5 EGP for three The price of material is 8 EGP for "M" and 11 EGP for "N". Fourth:   Inventory raw materials: Beginning period inventory "M" 600 kg.         "N" 800 kg. Ending period inventory 1600                900 kg.   Fifth: Indirect overhead cost:                       (The numbers are in thousands of pounds) -Heat and water 50,000 EGP involve (60% V). -Machine maintenance 120,000, if you know rate of maintenance = EGP 0.08(Number of labors hours). Wages of service workers 8000 EGP (40%F). Factory oil & gas 5000 EGP (90%V). - Power 40,000 EGP. Depreciation 15500 - Insurance on plants 10700 EGP. -Supervision Cost 13000 EGP. Sixth: Cost of marketing and administration: Advertising 15000 Stationary 9000 Shipping material 14000 Professional fees 6000 Trade Show 21000 Executive compensation 27000 prepare the following  marketing budget  administrative budget

Third: Raw materials and Purchases: Quantity needed from material "M": "E" 17 kg. "F" 13 kg. "G" 11 kg. Quantity needed from material "N": "E" 16 "F" 20 kg. "G" 18 kg. The direct hours needed to produce one unit is 18 hours for "E", and 20 hours for "F", and 22 hours for "G". Rate per hour is 5 EGP for three The price of material is 8 EGP for "M" and 11 EGP for "N". Fourth:   Inventory raw materials: Beginning period inventory "M" 600 kg.         "N" 800 kg. Ending period inventory 1600                900 kg.   Fifth: Indirect overhead cost:                       (The numbers are in thousands of pounds) -Heat and water 50,000 EGP involve (60% V). -Machine maintenance 120,000, if you know rate of maintenance = EGP 0.08(Number of labors hours). Wages of service workers 8000 EGP (40%F). Factory oil & gas 5000 EGP (90%V). - Power 40,000 EGP. Depreciation 15500 - Insurance on plants 10700 EGP. -Supervision Cost 13000 EGP. Sixth: Cost of marketing and administration: Advertising 15000 Stationary 9000 Shipping material 14000 Professional fees 6000 Trade Show 21000 Executive compensation 27000 prepare the following  marketing budget  administrative budget

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 21E: Ellerson Company provided the following information for the last calendar year: During the year,...
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Third: Raw materials and Purchases:

  • Quantity needed from material "M": "E" 17 kg.

"F" 13 kg.

"G" 11 kg.

  • Quantity needed from material "N": "E" 16

"F" 20 kg.

"G" 18 kg.

  • The direct hours needed to produce one unit is 18 hours for "E", and 20 hours for "F", and 22 hours for "G".
  • Rate per hour is 5 EGP for three
  • The price of material is 8 EGP for "M" and 11 EGP for "N".

Fourth:   Inventory raw materials:

  • Beginning period inventory "M" 600 kg.         "N" 800 kg.
  • Ending period inventory 1600                900 kg.

 

Fifth: Indirect overhead cost:                       (The numbers are in thousands of pounds)

-Heat and water 50,000 EGP involve (60% V).

-Machine maintenance 120,000, if you know rate of maintenance = EGP 0.08(Number of labors hours).

  • Wages of service workers 8000 EGP (40%F).
  • Factory oil & gas 5000 EGP (90%V). - Power 40,000 EGP.
  • Depreciation 15500 - Insurance on plants 10700 EGP.

-Supervision Cost 13000 EGP.

Sixth: Cost of marketing and administration:

  • Advertising 15000
  • Stationary 9000
  • Shipping material 14000
  • Professional fees 6000
  • Trade Show 21000
  • Executive compensation 27000

prepare the following 

marketing budget 

administrative budget 

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