Demonstration problem barfield raiborn kinney cost accounting 10 pdf
Demonstration problem barfield raiborn kinney cost accounting_1 docx
... 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. 107 ) direct cost (p. 89) direct ... traditional cost accounting system? 4 ACTIVITY-BASED COSTING Recognizing that several levels of costs exist, accumulating costs into related cost pools, and using multiple...
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Demonstration problem barfield raiborn kinney cost accounting_2 ppt
... Activity-Based Costing (ABC Technologies, Inc., 1990), video. Both Cost Component Product A Product B Products Cost Units produced 10, 000 10, 000 20,000 Raw materials used (units) X 50,000 50,000 100 ,000 ... 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...
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Demonstration problem barfield raiborn kinney cost accounting_3 docx
... inventory). 4. Compute total cost to account for: Costs in beginning inventory ϩ Costs of current period 5. Compute cost per equivalent unit per cost component: a. Weighted average Cost of component in ... unit cost for each cost component at the end of the period is shown below: Unit Cost ϭ ϭ Total Cost Incurred ᎏᎏᎏᎏ Total Equivalent Units of Effort Beginning Inventory Cost...
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Demonstration problem barfield raiborn kinney cost accounting_4 doc
... Conversion Beginning inventory costs $ 165,528 Current costs 871,500 $546,000 $325,500 Total costs $1,037,028 Divided by EUP 9 ,100 9,300 Cost per FIFO EUP $95 $60 $35 COST ASSIGNMENT Transferred: From ... the accounting for the cost of lost units. The traditional method of accounting for normal losses is simple. Normal loss cost is considered a product cost and is included as p...
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Demonstration problem barfield raiborn kinney cost accounting_5 docx
... 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...
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Demonstration problem barfield raiborn kinney cost accounting_6 docx
... evaluation. Chapter 10 Standard Costing 393 The Fixed Cost Challenge NEWS NOTEGENERAL BUSINESS Bring up the topic of standard costing and you’re almost certain to touch off a lively debate. Cost accountants ... provides guidance on allocating and reporting these costs. 10 AICPA Accounting Standards Executive Committee, Statement of Position 98-2: Accounting for Costs of Activities...
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Demonstration problem barfield raiborn kinney cost accounting_7 ppt
... $84,000 $2 ,100 U MQV c. & d. AR ϭ $10, 988.25 Ϭ 682.5 hours ϭ $16 .10 per hour SQ ϭ 525 ϫ 1.25 hours ϭ 656.25 hours AP ϫ AQ SP ϫ AQ SP ϫ SQ $16 .10 ϫ 682.5 $16 ϫ 682.5 $16 ϫ 656.25 $10, 988.25 $10, 920 ... continuously recalculate changing actual unit costs. In a standard cost system, unit costs are held constant for some period. Costs can be assigned to inventory and cost of good...
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Demonstration problem barfield raiborn kinney cost accounting_8 doc
... 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. ... actual costs $96,000 a. What was the actual production cost per bottle under variable costing? Un- der absorption costing? b. What was variable Cost of Goods Sold for 1999 under...
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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 ... 23 g. 3 g. 110 mg. 110 2.12 Spaghetti 42 g. 8 g. 100 mg. 210 3.42 Recommended daily allowance 50 g. 10 g. 100 mg. 2,000 Write the objective function and...
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Demonstration problem barfield raiborn kinney cost accounting_10 pdf
... 4,868 Utilities 100 0.20 365 334 348 1,047 Property tax 100 — 100 100 100 300 Insurance 50 — 50 50 50 150 Maintenance 175 0.30 573 526 547 1,646 Total cost ( y ) $2,025 $1.20 $3,616 $3,429 $3,513 $10, 558 Total ... (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...
Ngày tải lên: 21/06/2014, 04:20