Barfield Raiborn Kinney Cost Accounting 13 pdf

... news article were the initial cost of $850 million and the labor cost savings. Prepare a brief oral report in which you identify other cost sav- ings and other costs of the upgrade project. 52. ... initial cost of $400,000 and will return $150,000 annually for six years. The company’s cost of capital is 9 percent. As- sume that the company is fairly certain regarding the initial co...

Ngày tải lên: 20/06/2014, 18:20

... (516) Cost of raw material used $17,794 Direct labor (Exhibit 13 9) 13, 452 Factory overhead (Exhibit 13 10) 10,558 Total costs to be accounted for 41,804 Ending work in process inventory (0) Cost ... depreciation (Exhibit 13 11) 600 Ending balance $ 92,400 Note C: Beginning balance (Exhibit 13 5) $101,622 Net income (Exhibit 13 19) 32,423 Ending balance $134 ,045 EXHIBIT 13 20 Pro...

Ngày tải lên: 21/06/2014, 04:20

... development of cost and management accounting standards and Chapter 1 Introduction to Cost and Management Accounting in a Global Business Environment 7 3 Robert B. Hubbard, “Return of the Cost Accounting ... answer. Chapter 1 Introduction to Cost and Management Accounting in a Global Business Environment 39 The cost accounting overlap causes the financial and management a...

Ngày tải lên: 20/06/2014, 18:20

... Organizational Cost Flows 109 actual cost system (p. 95) applied overhead (p. 97) capacity (p. 99) conversion cost (p. 78) cost (p. 77) cost allocation (p. 95) cost driver (p. 87) cost object (p. 90) cost ... activities cause costs to increase unnecessarily? 3 Why must cost drivers be designated in an activity-based costing system? 4 How does activity-based costing differ fr...

Ngày tải lên: 20/06/2014, 18:20

... occupied COSTS INITIALLY RECORDED (By department and general ledger accounts) COST DRIVER (Used to assign costs to cost pools) ACTIVITY CENTER COST POOL ACTIVITY DRIVER (Used to assign costs to cost ... 143) attribute-based costing (ABC II) (p. 146) batch-level cost (p. 138 ) business-value-added activity (p. 133 ) continuous improvement (p. 150) cost driver analysis (p. 136...

Ngày tải lên: 20/06/2014, 18:20

... discusses the cost accumulation and cost presentation approaches to product costing. The cost accumulation approach determines which manufacturing costs are recorded as part of product cost. Although ... conversion costs: Chapter 10 Standard Costing 431 absorption costing method. Under absorption costing, costs incurred in the non- manufacturing areas of the organization are considered...

Ngày tải lên: 20/06/2014, 18:20

... (Exhibit 13 16) $18,478 Direct labor (Exhibit 13 16) 13, 452 Overhead (Exhibit 13 16) 8,758 (40,688) For nonfactory costs: Salaries and wages (Exhibit 13 11) $13, 500 Supplies (Exhibit 13 11) 1,125 Other ... (516) Cost of raw material used $17,794 Direct labor (Exhibit 13 9) 13, 452 Factory overhead (Exhibit 13 10) 10,558 Total costs to be accounted for 41,804 Ending work in proces...

Ngày tải lên: 20/06/2014, 18:20

... for each investment center are given in Exhibit 19 13. The after-tax cost of capital is assumed to be 13 percent. The results given in Exhibit 19 13 show a completely different portrayal of performance ... $23 $15 $55 Cost of goods sold (13) (7) (38) Gross profit $10 $ 8 $17 Selling and administrative: Division selling and administration costs $ 5 $ 5 $ 8 Corporate general administrati...

Ngày tải lên: 20/06/2014, 18:20

... years. (continued) EXERCISES cost consciousness a company-wide attitude about the top- ics of cost understanding, cost containment, cost avoid- ance, and cost reduction cost containment the practice ... relationship to a cost; an activity creating a cost cost driver analysis the process of investigating, quantify- ing, and explaining the relationships of cost drivers and thei...

Ngày tải lên: 20/06/2014, 18:20

... Organizational Cost Flows 109 actual cost system (p. 95) applied overhead (p. 97) capacity (p. 99) conversion cost (p. 78) cost (p. 77) cost allocation (p. 95) cost driver (p. 87) cost object (p. 90) cost ... Organizational Cost Flows 129 Part 2 Systems and Methods of Product Costing 114 1. Distinguish among the cost accounting uses of historical costs, replacement costs...

Ngày tải lên: 21/06/2014, 04:20