BA 3340 Lecture Notes - Lecture 29: Sunk Costs, Vertical Integration, Qantas
Document Summary
Budgeted sales (units) x sales price per unit. Required production (units) x materials need per unit (metres) = materials to be purchased x cost per metre. Required production (units) x direct labour hours per unit. = total direct labour hours need for production x direct labour cost per hour. Uts 2014 accounting for business decisions a (cid:120) manufacturing overhead budget. Budgeted hours (labour, machine) x variable overhead rate per hour. = total manufacturing overhead (cid:120) selling and administrative expense budget. Variable selling and admin expenses e. g. commissions, shipping costs, supplies. Fixed selling and admin expenses e. g. insurance, rent, salaries and advertising. February credit sales collected in: (cid:120) march (cid:120) april. March credit sales collected in: (cid:120) march (cid:120) april (cid:120) may. Uts 2014 accounting for business decisions a (cid:120) cash disbursements budget. Lecture 11 relevant costing & long-term decision making. Learning objectives relevant costs and product planning decisions.
