Demonstration problem barfield raiborn kinney cost accounting 7 ppt

... (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 of goods manufactured (p. 102) dependent variable (p. 1 07) direct ... mathematically “fit” the data. $77 0,898.53 ᎏᎏ 21,914,410.29 11,8 07, 800 Ϫ 7( 6,228. 57) ($253.14) ᎏᎏᎏᎏ 293,480,000 Ϫ 7( 6,228. 57) (6,228. 57) Chapter 3 Organizational...

Ngày tải lên: 21/06/2014, 04:20

... Bound Revenue $1,600,000 $1,400,000 Direct costs $1,250,000 $ 600,000 Overhead 425,000 75 ,000 Total costs $1, 675 ,000 $ 675 ,000 Margin $ (75 ,000) $ 72 5,000 The reason paperbacks were erroneously ... 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 doors: Dire...

Ngày tải lên: 21/06/2014, 04:20

... $ 42,650 $ 1,400 $ 15 ,75 2 $ 59,802 Current period costs 433,500 75 ,77 7 263,913 77 3,190 To account for $ 476 ,150 $77 , 177 $ 279 ,665 $832,992 Total cost is assigned to the goods transferred to Finished ... Overhead Total Cost 1 67 $ 17, 703 $ 6,920 $ 7, 960 $ 32,583 169 54,936 7, 240 8,328 70 ,504 170 1,218 2,000 2,300 5,518 171 154,215 28,500 43 ,70 0 226,415 172 28,845 2,...

Ngày tải lên: 21/06/2014, 04:20

... costs $ 165,528 $1 17, 780 $ 47, 748 Current costs 871 ,500 546,000 325,500 Total costs $1,0 37, 028 $663 ,78 0 $ 373 ,248 Divided by EUP 11,100 10,800 Cost per WA EUP $94.36 $59.80 $34.56 COST ASSIGNMENT Transferred ... for 17, 000 15,000 15, 175 COST DATA Total Material Conversion Beginning inventory costs $ 16,620 Current costs 122, 175 $102 ,75 0 $19,425 Total costs $138 ,79 5 Divid...

Ngày tải lên: 21/06/2014, 04:20

... Methods of Product Costing 316 EXHIBIT 8 7 Relationships among Quality Costs Costs in Dollars Number of Defects External Failure Costs Internal Failure Costs Prevention Costs Appraisal Costs SOURCE : ... Failure Cost T ϭ (Prevention Cost ϩ Appraisal Cost) ϩ Total Failure Cost T ϭ K ϩ A ϩ F Prevention and appraisal costs are total estimated amounts; no formulas are appropriate. As the...

Ngày tải lên: 21/06/2014, 04:20

... unit costs $ 902 .72 a $ 615.89 b $ 439. 87 c EI valued at FIFO costs $252 ,76 2 $184 ,76 7 $149,556 a ($186,000 Ϭ 2,006 tons) ϩ $810.00 allocated joint cost ϭ $902 .72 b ($122,000 Ϭ 1,240 tons) ϩ $5 17. 50 ... Reduce CGM Sales $6,200,000 Cost of goods sold Beginning FG $ 400,000 CGM ($3,600,000 Ϫ $21,250) 3, 578 ,75 0 CGA $3, 978 ,75 0 Ending FG [assumed to be smaller than under (a)]...

Ngày tải lên: 21/06/2014, 04:20

... 0 .77 U [$12.30 ϫ (2/60)] 0.41 U 5.28 $12.26 $13.05 COMPARISON OF 2001 ACTUAL COSTS Average 1st Quarter % Increase Costs April Costs (Decrease) DM $ 8 .75 $ 7. 77 (11.2) DL 5.04 5.28 4.8 $13 .79 ... overhead cost $180,000 Fixed Overhead Cost: Supervision $ 27, 000 Depreciation 45,000 Other fixed costs 15,000 Total fixed overhead cost 87, 000 Total budgeted overhead cost at 60,000 un...

Ngày tải lên: 21/06/2014, 04:20

... Sales Absorption Costing Income ϭ Variable Costing Income b. Production Ͼ Sales Absorption Costing Income Ͼ Variable Costing Income c. Production Ͻ Sales Absorption Costing Income Ͻ Variable Costing Income 3. ... 40,000 Units sold: 37, 500 Variable cost per unit: Direct material $48 Direct labor 27 Variable overhead 14 Variable selling costs 12 Fixed costs: Selling and administrative $75 0...

Ngày tải lên: 21/06/2014, 04:20

... instance, Chapter 12 Relevant Costing 5 07 Insource Outsource Per unit: Direct production costs $4.60 Opportunity cost (revenue) 0.15 Purchase cost $4.30 Cost per case $4 .75 $4.30 Difference in Favor ... 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...

Ngày tải lên: 21/06/2014, 04:20

... 945,000 EDP consulting 421, 875 421, 875 421, 875 1,265,625 Total $ 73 6, 875 $ 73 6, 875 $ 73 6, 875 $ 2,210,625 Other revenue 10,000 10,000 10,000 30,000 Total $ 74 6, 875 $ 74 6, 875 $ 74 6, 875 $ 2,240,625 Expenses: Consultant ... 7, 025 7, 445 6,450 6,450 ϭ Total whole units needed 86,525 77 ,695 80,900 230,650 Ϫ Beginning inventory (7, 950)** (7, 025) (7, 445) (7, 950) ϭ Finish...

Ngày tải lên: 21/06/2014, 04:20