Problems and Checklist - Fall 2008 BCOR 2000 Final Exam...

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Fall 2008 BCOR 2000 Final Exam Review Problems Chapter 14 Self-study questions 3 - 8 BE 14-7 E 14-2,7,12 P 14-1B Chapter 15 BE 15-3,4 E 15-11 Chapter 18 BE 18-1,4,6,12 E 18-2 P 18-1B Chapter 19 BE 19-2 E 19-2,3,4,12 P 19-1A Chapter 20 E 20-10 P 20-1A
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CHECKLIST OF KEY FIGURES Volume II For Exercises and Problems in Kimmel, Weygandt, and Kieso Accounting, Tools for Business Decision Making, Second Edition Chapter 14 Exercises 14-2 (a) DM 5, 10. (b) DL 1, 6. 14-3 (a) $163,350; (c) $75,140. 14-4 (a) 3, 7; (c) 1, 2, 4, 9, 10. 14-6 (a) $32,100. 14-7 Total manfg. costs $401,000. 14-8 (a) $77,150; (c) $36,225; (e) $252,500. (g) $21,700; (i) $257,000. 14-9 (b) $7,000; (d) $70,000; (f) $235,000; (h) $63,000. 14.10 (a) $57,500; (b) $42,100. 14.11 (a) $17,000. 14-12 (a) 1, 2, 3, 5, 6, 7, 9, 10, 13, 14, 15, 16. (b) 4, 8, 10, 11, 12. 14-13 (a) $133,800; (b) $27,100. 14-14 (a) RM $3,150; FG $9,315; CGS $27,945. 14-16 Cost of goods manufacturing. $133,800. Problems P14-1A (a)DM $20,000; DL $44,000; MO $16,800; PC $13,700. P14-2A (a)DM $46,000; DL $52,000; MO $13,260; PC $6,000. P14-3A (a)$17,300. (e) $4,900. (k) $22,500. (b) CGM $15,800. P14-4A (a)CGM $299,900. (b) Gross profit $165,400. (c) Total current assets $185,000. P14-5A (a)CGM $478,000. (b) Net income $20,500. P14-6A (b)CGM $657,300. (c) NI $87,600; total assets $735,100. P14-1B (a)DM $75,000; DL $43,000; MO $18,100; PC $22,100. P14-2B (a)DM $96,200; DL $78,000; MO $17,050; PC $8,500. P14-3B (a)$20,600. (e) $7,400. (h) $7,000. (b) CGM $17,000.
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P14-4B (a)Cost of goods manufactured $367,910. (b) Gross profit $181,790. (c) Total current assets $213,100. P14-5B (a)Cost of goods manufactured $572,200. (b) Net income $9,000.
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Chapter 15 Exercises 15-1 (a) Total labor $92,000. (b) Work in process $78,200. 15-2 (b) Job 430 $10,400; Job 431 $18,840. 15-3 (a) (1) $15,200; (2) 70%, 80%. 15-4 (a) $73,150; (c) $9,200; (e) $268,000; (g) $271,700; (i) $85,850; (k) $6,000. 15-5 (a) $2.40/mh; (b) $10,000 underapplied. 15.6 (a) (2) 120%; (3) Total cost $7,820. 15.7 6. $75,000. 15-8 Completed jobs $224,930. 15-9 (a) Cost of goods manfg. $139,200. (b) Gross profit $59,700. 15-10 (a) $11,300, $18,600, $7,500. (c) $600, $4,800, $11,100. 15-11 (b) $14,720. 15-12 (b) $9,600. (c) $750. 15-13 (b) $975,000. (c) $7,800. Problems P15-1A (e)Job 25 $37,000; Job 26 $48,000. (g) $36,000. P15-2A (b)$2,000. (c) Gross profit $170,500. P15-3A (c)$8,340; Job: Bennett $8,340. (d) Cost of goods manufactured $20,860. P15-4A (b)$214,400, $191,000, $177,400. (c) $1,600, $4,000, $(1,500). P15-5A (a)$88,900. (d) $90,000. (g) $4,300. (j) 301,900. P15-1B (e)Job 50 $70,000. (g) $99,000. P15-2B (a)$158,000; Job: 7642 $158,000. (c) Gross profit $158,600. P15-3B (c)$3,800; Job: Elgin $3,800. (d) Cost of goods manufactured $12,940. P15-4B (b)$356,000, $368,000, $193,500. (c) $2,000, $(3,000), $(4,000). P15-5B (a)$5,600. (d) $6,600. (h) $54,150. (l) $3,225.
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Chapter 16 Exercises 16-2 6. $67,200. 16-3 (b) Jan. 9,000 M; 8,400 CC. May 21,000 M; 20,000 CC. 16-4 (a) (1) 10,000; (2) 9,400. (b) T/O $72,900; WIP $5,940. 16-5 Unit costs: M $2.40; CC $5.10. T/O $90,000; WIP $13,320. 16-6 (a) (1) 10,000; (2) 8,500. (c) T/O $1,120,000; WIP $205,000. 16-7 (a) 500; (c) $3.80; (e) $3,260. 16-8 (a) M 12,600; CC 10,800. (c) T/O $540,600; WIP $36,300. 16-10 M $2.60; CC $2.40. T/O $245,000; WIP $80,080. 16.11 (b) 590 M; 555 CC. 16.12 (b) T/O $26,087; WIP $4,313. 16.13 (b) Started & comp. $20,134; WIP $3,807. 16.14 (b) T/O $72,000; WIP $6,600. 16.15 (a) (2) 13,000. (c) T/O $208,800; WIP $9,400. 16.16 (c) 1,260; (e) $4,800; (f) $3,900. 16.17 53,500 CC; T/O $241,175; WIP $90,000. Problems P16-1A N/A P16-2A (c)M $12.80. CC $7.20. (d) T/O $800,000. WIP $47,040. P16-3A R12: (a) (1) T/O 18,000; WIP 2,000. (2) M 20,000; CC 19,400. (3) M $42; CC $32. (4) T/O $1,332,000; WIP $128,800. P16-4A (b)T/O $1,215,000. WIP $113,400. P16-5A Materials: (a)(1) 1,500 e.u. (2) M $40. (3) T/O $100,000; WIP $23,000.
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P16-6A (b) M $1.60. (b) T/O $247,000. WIP $17,400. P16-7A (a)(2) M $50. (3) T/O $109,680. WIP $14,800. P16-1B N/A P16-2B (c)M $14.30. CC $12.70. (d) T/O $405,000. WIP $96,900.
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  • Fall '07
  • BRUSH
  • Revenue, Generally Accepted Accounting Principles, DLH

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