Business, 25.02.2020 19:13 nothingworksoutforme

1) Using your annual budget data from Week 3 and the data provided, calculate the fixed and variable costs for the 3 production departments.
2) Using your annual budget data from Week 3 and the data provided, calculate the standard costs of the 2 product lines produced in your factory. Note: You will be using activity based costing; the various cost drivers available are specified in the data
3) Using the budgeted sales data, calculate the standard gross margin for each of the 2 products - both per unit and total gross margin with budgeted volume. Note: Present the standard gross margin in a contribution income statement format (per unit for each product line and total for each product line) Note: Because we are costing products and only calculating through standard gross margin, Sales and Advertising Expense and Interest Expense can be ignored this week.
4) Write a paragraph explaining the results and recommending which product line would be best to advertise to gain additional sales, and why you chose that product line.

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1) Using your annual budget data from Week 3 and the data provided, calculate the fixed and variable...