Cost Accounting Traditions And Innovations - Chapter 2 ppt

... 67 166 24 8% Computers 47 25 9 551% Grocery stores 85 143 168% Hotels and motels 21 51 24 3% Mining 80 1 02 128 % Petroleum refining 26 5 710 26 8% Pharmaceuticals 66 27 0 409% Plastics 59 141 23 9% Restaurants ... 85 327 385% Telephone and telegraph 68 20 8 306% Textiles 54 127 23 5% Trucking 66 157 23 8% SOURCE : COMPUSTAT (an electronic financial data source published by St...

Ngày tải lên: 02/07/2014, 22:21

... for Analysis Nonmonetary information ؉؉ ؍ ؉ 1 23 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Competition may also be avoided by establishing a position of cost leader- ship, that ... financial accounting information is useful to managers in performing their daily functions. Cost accounting creates an overlap between fi...

Ngày tải lên: 02/07/2014, 22:21

... 15,000 15 22 ,500 2 210,000 Total $40 $20 0,000 $66 $ 99,000 $20 $2, 100,000 (2, 399,000) Product line income or (loss) $ 50,000 $ (31,500) $2, 100,000 $2, 118,500 Organizational-level costs (181 ,25 0) Net ... multiple cost pools at a variety of levels (unit, batch, product, and organizational) and then allocates these costs using multiple cost dri- vers (both volume- and non-vo...

Ngày tải lên: 02/07/2014, 22:21

... 32, 500 32, 500 Unit selling price $75.00 $75.00 (continued) Chapter 11 Absorption/Variable Costing and Cost- Volume-Profit Analysis 489 Chapter 11 Absorption/Variable Costing and Cost- Volume-Profit ... tax $ 0 $ 25 ,500 $ 30,600 $ 16, 320 * $ 26 ,22 9 Taxes (20 %) (6, 120 ) (5 ,24 6) Profit after tax (NI) $ 24 ,480 $ 20 ,983** *Desired profit before tax ϭ 16% on revenue; 0.16...

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... 19, 720 $ 17,917 $ 18,089 $ 55, 726 Cash excess (inadequacy) $ 27 , 829 $ 26 ,25 1 $ 25 ,20 0 $ 65,990 Minimum balance desired (6,000) (6,000) (6,000) (6,000) Cash available (needed) $ 21 , 829 $ 20 ,25 1 ... 50 $6 ,28 6(0.60) $3,7 72 3,7 72 February 20 01 (from Exhibit 13–8) $5,654(0.40)(0.98) 2, 216N 2, 216 45 $5,654(0.60) $3,393 3,393 March 20 01 (from Exhibit 13–8) $5,876(0.40...

Ngày tải lên: 02/07/2014, 22:21

... regarding cost b. Committed cost understanding, cost containment, c. Cost avoidance cost avoidance, and cost reduction d. Cost consciousness 2. A cost incurred to provide physical or e. Cost containment ... 40,000 $ 40,000 $ 52, 000 ( 12, 000) Maintenance (2) 30,000 32, 000 30, 720 1 ,28 0 Office (3) 42, 000 44,730* 44,730 0 Wages and fringe benefits (4) 186,000 195,300...

Ngày tải lên: 02/07/2014, 22:21

... Paul Administration $1, 024 ,6 32 $ 0 $61,478 $ 92, 217 $ 481,577 $389,360 Personnel 134, 620 24 ,23 1 0 17,501 72, 695 20 ,193 Maintenance 309,118 0 0 0 24 7 ,29 4 61, 824 Total costs $1,468,370 $24 ,23 1 $61,478 $109,718 ... $1,000,400 Personnel costs (# of employees) Cincinnati Division 25 25 Ϭ 32 ϭ 78% $ 73 ,25 0 $ 57,135 St. Paul Division 7 7 Ϭ 32 ϭ 22 % $ 73 ,25 0 16,115 Total...

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... 5,000 Production overhead costs: Variable $ 12, 150 $16 ,20 0 $20 ,25 0 Fixed 7,950 7,950 7,950 Total $20 ,100 $24 ,150 $28 ,20 0 Part 2 Systems and Methods of Product Costing 124 ACTIVITY IN DIRECT LABOR ... Costs Charters Gross Receipts January $16,000 10 $ 12, 000 February 18,400 14 18,000 March 24 ,000 22 26 ,000 April 28 ,400 28 36,000 May 37,000 40 60,000 June 56,000 62 82,...

Ngày tải lên: 02/07/2014, 22:21

... Applied Overhead Total Cost 167 $ 17,703 $ 6, 920 $ 7,960 $ 32, 583 169 54,936 7 ,24 0 8, 328 70,504 170 1 ,21 8 2, 000 2, 300 5,518 171 154 ,21 5 28 ,500 43,700 22 6,415 1 72 28,845 2, 200 2, 5 32 33,577 To explain ... issued totaled $468,400 and was associated with jobs as follows: Job No. Direct Material Cost 24 7 $ 14,400 25 1 6 ,20 0 25 3 16,800 25 4 103 ,20 0 25 5 119...

Ngày tải lên: 02/07/2014, 22:21

... production. Part 2 Systems and Methods of Product Costing 24 2 KEY TERMS cost of production report (p. 22 9) equivalent units of production (EUP) (p. 22 2) FIFO method (of process costing) (p. 22 3) hybrid costing ... (p. 23 8) total cost to account for (p. 22 6) total units to account for (p. 22 4) units started and completed (p. 22 8) weighted average method (of process c...

Ngày tải lên: 02/07/2014, 22:21