Demonstration problem barfield raiborn kinney cost accounting 6 docx
Demonstration problem barfield raiborn kinney cost accounting_1 docx
... hours is an appropriate cost driver. Machine Utility Month Hours Expense January 68 ,000 $1,220 February 62 ,000 1,172 March 66 ,300 1,014 April 64 ,000 1,195 May 67 ,500 1,300 June 62 ,500 1,150 Part 2 ... traditional cost accounting system? 4 ACTIVITY-BASED COSTING Recognizing that several levels of costs exist, accumulating costs into related cost pools, and using multiple c...
Ngày tải lên: 21/06/2014, 04:20
Demonstration problem barfield raiborn kinney cost accounting_2 ppt
... Copies Duplicated 162 ,500 1 46, 250 65 ,000 Blueprinting 77,000 # of Blueprints 39,000 31,200 16, 000 $1, 261 ,000 Chapter 4 Activity-Based Cost Systems for Management 169 a. What overhead costs should be ... of cost accounting to prepare cost estimates for producing the 5,000 doors. The head of cost accounting ac- cumulated the following data concerning production of 5,000 do...
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Demonstration problem barfield raiborn kinney cost accounting_3 docx
... 8 16, 552 Work in Process Inventory 8 16, 552 To transfer cost of completed candles to finished goods (Exhibit 6 6) . (Entry would be for $815,880 if weighted average were used—Exhibit 6 5.) 6. Cost ... (Exhibit 6 4). 3. Manufacturing Overhead 263 ,913 Various accounts 263 ,913 To record actual overhead costs (Exhibit 6 4). 4. Work in Process Inventory 263 ,913 Manufacturing Overhead...
Ngày tải lên: 21/06/2014, 04:20
Demonstration problem barfield raiborn kinney cost accounting_4 doc
... 5 46, 000 325,500 Total costs $1,037,028 $66 3,780 $373,248 Divided by EUP 11,100 10,800 Cost per WA EUP $94. 36 $59.80 $34. 56 COST ASSIGNMENT Transferred (9,500 ϫ $94. 36) $ 8 96, 420 Ending inventory: Material ... (100%; 100%) 60 0 60 0 60 0 ϭ Pounds accounted for 12,000 11,100 9,300 COST DATA Total Material Conversion Beginning inventory costs $ 165 ,528 Current costs 871,500 $...
Ngày tải lên: 21/06/2014, 04:20
Demonstration problem barfield raiborn kinney cost accounting_5 docx
... Methods of Product Costing 3 16 EXHIBIT 8–7 Relationships among Quality Costs Costs in Dollars Number of Defects External Failure Costs Internal Failure Costs Prevention Costs Appraisal Costs SOURCE : ... reworked 60 0 Defective units returned 200 Appraisal costs $6, 800 Cost per unit for rework $6 Prevention costs $25,000 Profit per good unit produced and sold $30 Profit per defective u...
Ngày tải lên: 21/06/2014, 04:20
Demonstration problem barfield raiborn kinney cost accounting_6 docx
... at FIFO costs $252, 762 $184, 767 $149,5 56 a ($1 86, 000 Ϭ 2,0 06 tons) ϩ $810.00 allocated joint cost ϭ $902.72 b ($122,000 Ϭ 1,240 tons) ϩ $517.50 allocated joint cost ϭ $61 5.89 c ($83,4 06 Ϭ 1,540 ... inventory 260 280 300 Tons completed (assumed) 2,0 06 1,240 1,540 Tons available 2, 266 1,520 1,840 Tons sold 1,9 86 1,220 1,500 Ending inventory 280 300 340 ϫ FIFO unit costs $ 90...
Ngày tải lên: 21/06/2014, 04:20
Demonstration problem barfield raiborn kinney cost accounting_7 ppt
... $10,988.25 Ϭ 68 2.5 hours ϭ $ 16. 10 per hour SQ ϭ 525 ϫ 1.25 hours ϭ 65 6.25 hours AP ϫ AQ SP ϫ AQ SP ϫ SQ $ 16. 10 ϫ 68 2.5 $ 16 ϫ 68 2.5 $ 16 ϫ 65 6.25 $10,988.25 $10,920 $10,500 $68 .25 U $420 U LRV LEV DEMONSTRATION ... appears as follows: 6, 000 units 8,000 units 10,000 units Overhead costs: Variable $24,000 $32,000 $40,000 Fixed 16, 000 16, 000 16, 000 Total $40,000 $48,000...
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Demonstration problem barfield raiborn kinney cost accounting_8 doc
... Regulators Total Sales $48,000 $9 ,60 0 $57 ,60 0 Variable costs (31 ,68 0) (4,4 16) ( 36, 0 96) Contribution margin $ 16, 320 $5,184 $21,504 Fixed costs (23,040) Net loss $ (1,5 36) EXHIBIT 11–13 Effects of Product ... Costs: Production $111 ,60 0 $ 3.72 62 Selling 7,200 0.24 4 Total Variable Cost (118,800) $(3. 96) (66 ) Contribution Margin $ 61 ,200 $ 2.04 34 Fixed Costs: Production...
Ngày tải lên: 21/06/2014, 04:20
Demonstration problem barfield raiborn kinney cost accounting_9 ppt
... component? Solution to Demonstration Problem a. Relevant cost of making: Direct material $24 Direct labor 16 Variable overhead 10 Avoidable fixed overhead 4 Total $54 Cost to outsource $ 56 DEMONSTRATION PROBLEM Online ... relevant cost? Why are future costs not always relevant? Are all relevant costs found in accounting records? Explain. 3. What is an opportunity cost? In a...
Ngày tải lên: 21/06/2014, 04:20
Demonstration problem barfield raiborn kinney cost accounting_10 pdf
... 1, 265 ,62 5 Total $ 7 36, 875 $ 7 36, 875 $ 7 36, 875 $ 2,210 ,62 5 Other revenue 10,000 10,000 10,000 30,000 Total $ 7 46, 875 $ 7 46, 875 $ 7 46, 875 $ 2,240 ,62 5 Expenses: Consultant salaries $(3 86, 750) $(3 86, 750) ... 3,7 36 Value of (fixed) (variable) ab Overhead item: Depreciation $ 60 0 $ — $ 60 0 $ 60 0 $ 60 0 $ 1,800 Indirect material — 0.20 265 234 248 747 Indirect labor 1...
Ngày tải lên: 21/06/2014, 04:20