Problems and Checklist

# 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.
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.
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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