Student Doubts Forum

Problem 53

Problem 53

by Marta Maria Sequeira Antão -
Number of replies: 1

On exercise 53.6, how is it supposed for me to get the value of 122 414.50 € for June? 

Also, on 53.7 the P&L, my PBT is 15916.9 and it is suppose to be 9811.54:

My P&L is:

sales 60 006

COGS 43 401.6 (274 * (65+45) * 1.44)

Financial costs 687.5 (110000 * 7.5%/12)

Regarding the balance sheet, it is suppose to get total assets = equity + liabilities ? Mine is not getting the same but I don't know if I have all information regarding the balance sheet.

Thank you!

In reply to Marta Maria Sequeira Antão

Re: Problem 53

by Pedro Pinto da Silva Perdigão -
Hello Marta,

Regarding 53.6, 122 414,50€ is the value for the total sources of the 3 months. The value for June is 119 511,25€

Regarding 53.7, you only calculated the COGS wrong. 274 units is correct, 65 and 45 are also correct but you forgot to include the Manufacturing Fixed Costs (this is because the company uses Total Full Costing) I don't know where you got the 1.44, but you need to include the fixed costs and the depreciation in order to find your COGM/unit.

Finally, regarding the balance sheet, it should balance. Probably you're forgetting to include something. If you show me, I can spot the mistake.