Applying Managerial Accounting Concepts to the Manufacturing Industry (100 points)
Complete the following questions using Microsoft Excel. No other submission format is allowed. Review the grading rubric to confirm you are meeting the assignment requirements. (All amounts in SAR except units.)
Given the following information for Johnson Corporation: | |
Advertising costs | 300,000 |
Office rent | 20,000 |
Direct materials | 850,000 |
Delivery vehicle depreciation | 80,000 |
Factory repair and maintenance | 425,000 |
Sales salary | 505,000 |
Indirect labor | 205,000 |
Manufacturing equipment depreciation | 180,000 |
Administrative salaries | 320,000 |
President’s salary | 650,000 |
Sales revenue | 5,400,000 |
Indirect materials | 180,000 |
Direct labor | 1,400,000 |
Machine hours | 2,500 |
Direct labor hours | 11,000 |
Machine hours per unit | 3 |
Direct labor hours per unit | 5 |
Direct materials per unit | ? |
Units manufactured | 600 |
Units sold | 350 |
Given the above information for Johnson Corporation:
You must show all your work for credit.Required:
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