Tuesday, January 29, 2013

COST OF GOODS manufactured, revenue, contribution margin, and BREAK EVENT ponit in AGRO MUSHROOMS Pabuaran



Members:1. Muh. Khadziq Julianto C0D010017DIII INTERNATIONAL BUSINESSFACULTY OF ECONOMICSUNIVERSITY GENERAL Soedirman2011/2012


BUSINESS PROFILE'SAGRO MUSHROOMS PabuaranAgro mushrooms Pabuaran established on November, 2010. Located in Baturaden street, alley volcano Rt 02 Rw 03, Pabuaran, Navan Central Java. Owned By Mr.Tofik, Agro mushrooms Pabuaran Proprietorship is a business that unincorporated business owned by him self, The Type of this business is manufacturing
business that produce material to a new row has new goods benifits, create and sell their own products. Agro Pabuaran fungi produce mushrooms (oyster mushroom).1. Types of Manufacturing Inventories of Agro mushrooms Pabuaran: Direct Materials - resources in-stock and available for use.
Mushroom seeds, husk, fertilizer, compost etc
                    
             
Work-in-Process (or progress) - products started but not yet completed.In this section, the all material mix and proced and than packed in plastic pack (we call "growing media".) Step 2 Incubation period The media Incubation moved to planting area. 2nd harvest time about After months of growing media
             
 Finished Goods - products completed and ready for sale.
After WIP, The mushrooms packed by vegetable's container, and ready to distribute to the market, food court, restaurant and etc.2. Costing SystemsAgro-fungal Pabuaran's Process Costing: accounting system for mass production of identical or Similar products, that they produce "mushroom" only in a production perriod.










COST OF GOODS manufacturedAGRO MUSHROOMS PabuaranFor 1500 Units per Period Fixed costØ
Land 20ubin Rp.5.000.000/ubin Rp. 100 millionBuilding Rp. 87 millionIncubation room Rp. 5.6 millionSterilize machine Rp. 780 000Car Cargo Rp. 56 millionContainer 10 X 8,000 USD. 80,000TOTAL Fixed cost Rp. 249 460 000 Direct Material Used:Ø
• Powder Wood Rp. 75,000• Bran Rp. 125 000• Calcium Rp. 27,000• Plastic Rp. 144 000• Plastic ring Rp. 120 000• Seed Rp. 140 000• Rubber Rp. 11,000• Flour Aci Rp. 70,000• Compost Rp. 10,000Total Direct Material Used Rp. 722 000 Indirect Material Issued to various ProductionØ
• Firewood Rp. 90,000• Electricity Rp. 10,000• Oil Rp. 7222• Solar Rp. 33,333Total Indirect Material Rp. 140 555 Direct Manufacturing Labor Rp.Ø 750 000 Depreciation on plant and manufacturing equipment Rp.Ø 30,000 Cost of goods manufactured Rp.1.642.000Ø
 Selling expense Petrol Rp.4500/liter X 4 Rp.Ø 18,000Total Rp.1.660.000
 
Cost of goods manufactured perunit for production 1500unit Rp. 1106
 RevenueØ
For 1500 product units per period got 75 kg mushroom per day and evective 2 months till harvest time.Total product Finished goods = 75 kg x 60 days= 4500 kg / periodRevene = Selling Price x Quantity sold= Rp. 8.500 x 4500 kg= RP. 38.25 million Contribution MarginØ
 Contribution Margin per unit equals sales less variable costs (direct materials, direct labor, OH cost)Ø
 CMU = SP - VCU§
= Selling price - Variable Cost unit= Rp. 8500 - Rp. 1106= Rp. 7.394/Unit Contribution Margin Ratio (percentage) equals contribution margin per unit divided by Selling PriceØ
 CMR = CMU ÷ SP§
= Rp. 7394 ÷ Rp.8.500= 0.8698 Break Event PointØ
After harvest time we can get Finished goods 15 kg per day x Rp.8.500 = Rp.127.500 / Day• BEP = Fixed Cost ÷ revenue
        
= Rp. 249,460,000 ÷ RP. 38.25 million= 6.521 periods Production Breakeven Point (quantity):
BEQ = FC ÷ CMU= Rp. ÷ 249 460 000 USD. 7394= 33738.16 unitsInterpretation: how many cents out of every dollar sales are represented by Contribution Margin.



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