Submitted by: Submitted by maylis
Views: 218
Words: 373
Pages: 2
Category: Business and Industry
Date Submitted: 03/31/2014 06:01 AM
Iphone factory Case Study
1-Price per unit=41,241/200=206.2
VC per unit=40,411/200=202.055
CMU= 206.2-202.055=4.145
Break-even point=Fixed Costs/CMU=729/4.145=175.875 units
2-Total Expected Costs= $41,140
Total Expected Cost per unit=41,140/200=$205.2
Actual Total Cost=$38,148
Actual cost per unit=$211.93
3-
Per unit ($) | Standard | Actual |
Sales price(Total rev/# of units) | 206.2 | 208.2 |
VC Flash Memory (cost/# of units) | 27 | 29.16 |
Application Process | 10.73 | 10.75 |
Chips-phone | 14.05 | 14.05 |
Gyroscope | 2.6 | 2.6 |
8 other chips | 70.95 | 70.24 |
Variable Supplies & tools | 62.54 | 62.81 |
Variable Labor Costs | 13.11 | 17.18 |
Shipping | 1.06 | 1.06 |
Flexible Budget
$ | Monthly Budget | Actual Budget | Budget Variance | Evaluation |
Number of units | 180,000 | 180,000 | - | |
Sales Revenue (1) | 206.2*180=37,116 | 37476 | 37476-37116=360 | F |
Variable Costs | | | | |
Flash Memory | 27*180=4860 | 5249 | 389 | U |
Application process | 1935 | 1935 | 0 | - |
Chips-phone | 2529 | 2529 | 0 | - |
Gyroscope | 468 | 468 | 0 | - |
8 other chips | 12771 | 12643 | (128) | F |
Variable supplies and tools | 11256.3 | 11305 | 48.7 | U |
Subtotal | 33819.3 | 34129 | 309.7 | U |
Labor | 2359.8 | 3092 | 732.2 | U |
Shipping | 190.8 | 191 | 0.2 | U |
Total Variable Costs | 36369.9 | 37412 | 1042.1 | U |
Fixed Costs | | | | |
Factory Rent | 400 | 400 | 0 | - |
Machine Depreciation | 150 | 150 | 0 | - |
Utility Fee and Taxes | 52 | 52 | 0 | - |
Supervision | 127 | 134 | 7 | U |
Total Fixed Costs | 729 | 736 | 7 | U |
Total Costs (2) | 37098.9 | 38148 | 1049.1 | U |
Net Income (1)-(2) | 17.1 | (672) | (689.1) | U |
4-
| Material | Labor |
Actual price (1) | 29.16 | 15.36 |
Standard price (2) | 27 | 11.8 |
Actual Quantity (3) | 180,000 | 180,000 |
Standard Quantity (4) | 200,000 | 200,000 |
Price Variance (1-2)*3 | 388,800 (U) | 640,800 (U) |
Usage Variance...