ABS Costing Income Statement CH Twelve
Variable Costing Income Statement
Reconcile the difference between the two income statements.
=Fixed OH/Unit x Remaining units in inventory
=difference between to income statements
Calculate the budgeted costs for 2013 and prepare an interim quality performance report.
The Taguchi Loss Function CH Sixteen
Taguchi Loss Function Ch Sixteen
Loss at the lower or upper spec limit
Distance of limit from target value
Actual value of Quality
Target Value of Quality
Ch.Thirteen Ext. Linkages ABS Supplier Costing
Calculate the cost per component for each supplier, taking into consideration the costs of the quality-related activities and using the current prices and sales volume.
Organizational Activities and Drivers
Sales Mix Variances Ch.Twelve
[(Product 1 Act Units Sold – Product 1 Budget Units Sold) x
(Product 1 Budget CM [Per Unit] - (Budget Avg Unit CM) +
(Product 2 Act Units Sold – Product 2 Budget Units Sold) x
(Product 2 Budget CM [Per Unit] - (Budget Average Unit CM)]
Ch Thirteen Activity-Based Supplier Costing
Calculate the activity rates for assigning costs to suppliers
Operational Activities and Drivers
Examples of Quality Costs by Category