Bolco

Lindberg & Meyer

MO
COST CATEGORIES/TRANSACTIONS
From the credit sides of the cost category accounts:
MATERIALS, A
MATERIALS, MO
MATERIALS, B
LABOUR, A, MO
LABOUR, A, TO(A)
LABOUR, B, TO(B)
LABOUR, PROD.DEP(A)
LABOUR, PROD.DEP(B)
DEPRECIATION, MO
DEPRECIATION, FO
DEPRECIATION, TO(A)
DEPRECIATION, TO(B)
DEPRECIATION, AO
NOTIONAL INTEREST, MO
NOTIONAL INTEREST, TO(A)
NOTIONAL INTEREST, FO
NOTIONAL RENTS, TO(A)
NOTIONAL RENTS, TO(B)
NOTIONAL RENTS, AO

198,000
2,000
300,000
1,000
500
1,500
249,000
348,000
500
1,000
15,000
20,000
1,000
400
600
300
13,000
10,000
8,000
Allocated to prod.dep. A
Allocated to prod.dep. B

MAT.OVER

35,940

2,000
1,000

500

400

39,840
-15,840
-24,000
0

MO
MAT.OVER

OVERHEAD RATES:

8.00%

FULL COST CALCULATION:

DM
MATERIALS OVERHEAD
DL A
DL B
PO DEP A
PO DEP B

100.00
8.00
50.00
200.00
65.00
220.00

TOTAL MANUF. COST

SELLING OVERHEAD
ADMIN OVERHEAD
FULL COST

643.00
160.75
77.16
880.91

TO(A)

TO(B)

FO

PO DEP A

PO DEP B

SELLING

294,600

351,300

459,035

AO

TILLV(A)

ADMIN

PROD.DEP A

211,960
198,000

500
1,500
249,000

1,000
15,000
20,000
1,000
600
300
13,000
10,000
323,700

382,800

460,335

8,000
220,960
15,840

-323,700
0

323,700
-382,800
0

786,540
-786,540
0

TO(A)

TO(B)

FO

AO

PO DEP A

PO DEP B

SELLING

ADMIN

130.00%

110.00%

25.00%

a)
b)

1101.14
1174.55

12.00%

TILLV(B)

HELFABRIKATLAGER

PROD. DEP B

FG INVENTORY

300,000

348,000

24,000
382,800
1,054,800
-1,054,800
0

786,540
1,054,800
1,841,340

Johansson & Samuelson

Costs
Amount
()

Cost Centre
Production departments
A

Indirect labour
Payroll fringe costs
Auxiliary material
Tools
Heating
Light and energy
Maintenance
Depreciation
Interest Expenses
Rents
Telecommunications
Travel and representation
Office materials
Insurance
Miscellaneous
Sum. indirect costs
Allocation basis:
Direct labour
Direct materials
Manufacturing costs
Manufacturing overhead rate
Materials overhead rate
Admin. & selling overhead rate

525
161
105
22
45
53
38
72
34
85
26
35
21
25
17
1264

100
30
36
8
4
22
13
15
6
12

70
25
28
6
16
14
10
18
9
17

175
50
33
7
10
8
15
21
10
21

S:a
345
105
97
21
30
44
38
54
25
50

4
3
253

5
4
222

7
3
360

16
10
835

180

240

210

630

141%

93%

171%

Purchasing
Admin.
Selling
and materials
storage
15
75
90
5
24
27
8
1
4
5
6
2
4
3
4
3
7

4
3
1
49

5
2
19
10
22
12
1
4
183

9
4
9
16
13
5
5
2
197

2294

2294

8%

9%

780

6%

Success Direct

Input data

Upchurch pp. 153-162

Cost information

Supervisory salaries
Indirect labour
Lightning and heating
Computer consumables
Insurance
Stationary
Property Costs
Phone/fax/email
Totals
Allocated to: Reprographic
Allocated to: Dispatch
Total frdelade p huvudkostnst

Sum Cost centre

Bookkeeping

103000
159000
6000
14000
8000
60000
36000
48000
434000

25000
40000
2400
4200
2000
4800
14400
19200
112000
21892
38572
172464

200000
20000
200000
50
500
34000
412000
26
9000
1000
2000
100000

60000
8000
50000
20
40
15000
178000
10
4000
200
800

Other data
Computer hours
Floor area (sq metres)
Book value of insured assets
No of telephone extensions
No. Of stationary requisitions
Estimated direct labour hours
Estimated direct labour costs
Number of different courses offer
Estimated total number of courses
No of reprographic requests
No. Of dispatches
Number of exercises
No. Of dispatches
Traditional absorption rate calculation
Data given for two courses
Introduction
to spreadsheets

Computer hours/main cost centre

Bookkeeping
Secretarial
Direct labour hours/ main cost centre
Bookkeeping
Secretarial
Direct labour costs/main cost centre
Bookkeeping
Secretarial

195
5
10
1
120
12

Direct material costs

Number of exercises

50
6

Assignment: calculate units cost for both courses (introduction to spreadsheets) and
advanced shorthand
Unit cost
Direct Material
Direct Labour
Bookkeeping
Secretarial
u:m of prime cost
Overhead
Bookkeeping
Secretarial
Cost/unit

11.50
50
120
12
182
114.98
13.77
310.74

Secretarial

Reprographic

Dispatch

Absorption basis

28000
30000
20000 Data given
50000
24000
45000 Data given
2700
600
300 Floor area (sq.metres)
7000
700
2100 Computer hours
1600
4000
400 Book value of assets insured
7200
45600
2400 No of stationary requisitions
16200
3600
1800 Floor area (sq.metres)
24000
960
3840 Number of telephone extensions
136700
109460
75840
76622
10946
48214
86786
261536 Excursion:
Algebraic reallocation
Grafiska tj
Expedition
among the service departments:
118226
87663 Tools Options Calculation
100000
9000
40000
25
60
19000
234000
16
5000
700
1000

Advanced shorthand

0
0
0
30
0
360

10000
2000
100000
1
380

30000
1000
10000
4
20

100
200

30
20

adsheets) and

13.77
30
0
360
390

412.95
802.95

q.metres)

of assets insured
nary requisitions
q.metres)
elephone extensions

ools Options Calculation Iteration OK