制造業(yè)最清晰的成本培訓-31頁精選文檔課件

1、 Towards Business Awareness AgendaMolex Income Statement Introduction Contents of Molex Income StatementMolex Accounting Terms & DefinitionsProduct Costing COPA and LGM report Prepared by : Polly Yang 2019/02/18 Section one: Molex Income Statement Amount % of NRNet revenue1000 Material costFreight &

2、 DutyExternal mfg.Direct laborVariable overheadPeriod manufacturing600 60%10 1% 5 0.5%5 0.5% 50 5%100 10%Total cost of salesGross profit770 77%230 23%Variable sellingSelling and advertisingGeneral AdministrationNet R&DMisc. Income/ExpenseExchange (Gain)/LossInterest (Income)/Expense5 0.5%20 2%20 2%5

3、 0.5% 1 0.1%1 0.1%1 0.1% Total SG&A53 5.3%Profit before tax177 17.7%Section two: Contents of Molex Income statement Cost of Sales Scrap/Yield LossMaterialCycle Count(Gain)/LossMaterial Consumption(M&P)Purchase PriceVariance(PPV)Slow & ExcessOthers Contents of Molex income statement Cost of Sales - I

4、nward Freight Import duty for Dom salesFreight & DutyCustom fee(in & out) Contents of Molex income statement Cost of Sales External manufacturingProduction order toSub-contractorOperator borrow fromSub-contractorContents of Molex income statement Cost of Sales Direct LaborWages(Operators, leaders,Se

5、tup men,Packers)OvertimeShift Premium/AllowancesBenefit(e g: stock option, insurance, medicaletc)Cost center : 1701-1xxxContents of Molex income statement Cost of Sales Variable Overhead(VOH)Indirect People exp(Inspector,material handlerWH assistants, WH coordinators)Power/WaterExpensesSmall equipme

6、nt/Machine repairs&Maint. ExpensesProduction/Shipping Supplies etc.Cost center :1701-1xxx,1701-300 x,1701-350 x,Contents of Molex income statement Cost of Sales Period Manufacturing(PM/FOH)Office/DP SuppliesRental/Communication/Traveling/Entertainmentetc.InsuranceVehicle ExpensesRecruitmentMgmt/Sup

7、people exp(Technicians,engineers,managers,Supervisors & all other employees not Mentioned in DL/VOH for the following CC)Depn/Bldg maintPeople cost onlyCost center:1701-1xxxAll expenses Cost center : 1701-3xxxContents of Molex income statement -Selling and General Administration exp.Variable Selling

8、CommissionExpensesFreight paid on partsShipped to customersNon cost center exp, but allocate to business unitContents of Molex income statement -Selling and General Administration exp.Selling& AdvertisingSupply repairPeople expenseBldg maint./DepnInsuranceEntertainment,Travel expense,sampleVehicles

9、expAdvertisingCost center :1701-4xxx,1701-5xxxInclude general sales, sales office,marketingO/S ServicesContents of Molex income statement -Selling and General Administration exp.General AdministrationSupply repairPeople expenseBldg maint./DepnPower/waterInsuranceEntertainment,Travel expense,Vehicles

10、 expCost center :1701-7xxx, include general office, finance, HR, MISO/S ServicesContents of Molex income statement -Selling and General Administration exp.Research & Development (R&D)Supply repairPeople expenseBldg maintenancedepreciationInsuranceEntertainment,Travel expense,Vehicles expCost center

11、:1701-6xxxO/S ServicesContents of Molex income statement -Selling and General Administration exp.Others : -Misc Income & Expenses Exchange(gain)/LossInterest (Income)/ExpenseContents of Molex income statement Chart of Accounts mapping to Income StatementProductionPrdn supportOperation mgtAccount gro

12、upAcct#HC Grouping/descriptionCB,CA,PCBA,HS,FO,MembraneWarehouse,QAOps mgt,PE,IE,QA,PIC,Pur1000-299930 xx,35xx3xxxxSalaries, wages, Other Emp. benefits540000-599000DirectIndirectMgr/Sup/clekDLVOHPMVOHPMPMPMSupplies, repairs,Maintenance600000-609000610000-615000620000-646000Prdn suppliesOffice suppli

13、esRepair/Maint.VOHPMVOHVOHPMVOHPMPMPMRentalm.,Travel, insuranceBldg maint.Depreciation650000-821000850000-850200850000-896000Rental,etc.UtilitesDepreciationPMVOHPMPMVOHPMPMPMPMSection three : Molex Accounting Terms & DefinitionsOperating costCost of Goods SoldGross profit & gross profit %SGA CostPre

14、tax & pretax %LGMDL productivity/people productivityMolex Accounting Terms & DefinitionsExpense Description AmountOperating cost Cost of Goods Sold SG&A CostMaterial cost 600Freight & duty 10External mfg. 5Direct labor 5Var.overhead 50Period mfg. 100 X X X X X X X X XVar.Selling 5Selling & adv 20Adm

15、inistration 20Net R&D 5Misc(Inc)/Exp 1 Exchange G/L 1Interest I/E 1 X X X X X X X X X XTotal 200 770 53 Molex Accounting Terms & DefinitionsDescriptionFull Mfg cost M1 cost M2 costMaterial X X XFrt & duty X X XExt Mfg X X XLabor X X XVOH X X X PM X X Depn XMolex Accounting Terms & Definitions- Case

16、studySales revenue 1000 Matl costDLExt mfgVOHPMDepn 600 15 10 20 30 10 60% 2% 1% 2% 3% 1% Total COGSGP 685 315 69% 32% Current income statement :Now, if there is a new order with revenue $500, but at a high mfg cost, say 80% matl cost, 3% D/L, 3% VOH. Should we accept this business ? Will it bring b

17、enefit to us ? (assume no new investment are needed).If the matl cost is 90%, 3% D/L, 3% VOH. What will happen ?If the matl cost is 90%, 5% D/L, 5% VOH. How will you make the decision?Molex Accounting Terms & Definitions- Case study Current New TotalSales revenue 1000 500 1500Matl costDLExt mfgVOHPM

18、Depn 600 60% 15 2% 10 1% 20 2% 30 3% 10 1% 400 80% 15 3% 15 3% 1000 67% 30 2% 10 1% 35 2% 30 2% 10 1% Total COGSGP 685 69% 315 32% 430 86% 70 14% 1115 74% 385 26% 1. 80% material cost, 3% D/L, 3% VOH :As no new investment are needed, so no increase in PM & depn, thoughGP% decrease, but it can bring

19、more $70 GP.Molex Accounting Terms & Definitions- Case study Current New TotalSales revenue 1000 500 1500Matl costDLExt mfgVOHPMDepn 600 60% 15 2% 10 1% 20 2% 30 3% 10 1% 450 90% 15 3% 15 3% 1050 70% 30 2% 10 1% 35 2% 30 2% 10 1% Total COGSGP 685 69% 315 32% 480 96% 20 4% 1165 78% 335 22% 2. 90% mat

20、erial cost, 3% D/L, 3% VOH :GP amount increase, the business still can be considered.Molex Accounting Terms & Definitions- Case study Current New TotalSales revenue 1000 500 1500Matl costDLExt mfgVOHPMDepn 600 60% 15 2% 10 1% 20 2% 30 3% 10 1% 450 90% 25 5% 25 5% 1050 70% 40 3% 10 1% 45 3% 30 2% 10

21、1% Total COGSGP 685 69% 315 32% 500 100% 0 0% 1185 79% 315 21% 3. 90% material cost, 5% D/L, 5% VOH :No increase in GP, if no other special reason, no need to consider.Molex Accounting Terms & DefinitionsGP or GM : Gross profit or Gross margin = Sales revenue cost of goods soldGP% : GP/ Sales revenu

22、ePretax : profit before tax = Sales revenue cost of goods sold SG&A = GP SG&APretax % : Pretax/Sales revenueMolex Accounting Terms & DefinitionsLGM : Landed gross margin = Ending selling price - mfg cost - interco freight and duty - 1.7% Global VOH at end selling priceFor example: DG sold 887123400

23、to Mx Inc at $1000, and MX Inc sold it to IBM at $1500. Mx Inc frt & duty is 2%,DG mfg cost is $800.So, LGM for the part is :1500-800-1000*2%-1500*1.7%=654.50LGM%=654.50/1500=43.63%Molex Accounting Terms & Definitions - LGM & GP & PretaxMolex Accounting Terms & DefinitionsDL productivity : Net Revenue Material cost Direct labor + Ext MfgPeople productivity : Net Revenue Material cost Total people cost*+ Ext Mfg*People cost consisting of salaries, wages, allowance, addl mth salary, bonus, benefits; training, seminar, and other miscellaneous.Section four : Produc