im_pdf_ch02

# im_pdf_ch02 - CHAPTER 2 Job Order Costing ASSIGNMENT...

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2-1 CHAPTER 2 Job Order Costing ASSIGNMENT CLASSIFICATION TABLE Study Objectives Questions Brief Exercises Exercises A Problems B Problems 1. Explain the characteristics and purposes of cost accounting. 1, 2, 3, 4 2. Describe the flow of costs in a job order costing system. 5, 6, 7, 8, 11, 12 1, 2, 3, 4 1, 2, 3, 4, 6, 7, 8, 9,11 1A, 2A, 3A, 5A 1B, 2B, 3B, 5B 3. Explain the nature and importance of a job cost sheet. 9, 10, 11, 12 5 1, 2, 3, 6, 7, 8, 10, 12 1A, 2A, 3A, 5A 1B, 2B, 3B, 5B 4. Indicate how the predetermined overhead rate is determined and used. 13, 14, 15 6, 7 2, 3, 5, 6, 7, 8, 11,12, 13 1A, 2A, 3A, 4A, 5A 1B, 2B, 3B, 4B, 5B 5. Prepare entries for jobs completed and sold. 16 8 2, 3, 4, 6, 7, 8, 9, 10, 11 1A, 2A, 3A, 5A 1B, 2B, 3B, 5B 6. Distinguish between under- and overapplied manufacturing overhead. 17, 18 9 5, 12, 13 1A, 2A, 4A, 5A 1B, 2B, 4B, 5B

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2-2 ASSIGNMENT CHARACTERISTICS TABLE Problem Number Description Difficulty Level Time Allotted (min.) 1A Prepare entries in a job cost system and job cost sheets. Simple 30–40 2A Prepare entries in a job cost system and partial income statement. Moderate 30–40 3A Prepare entries in a job cost system and cost of goods manufactured schedule. Simple 30–40 4A Compute predetermined overhead rates, apply overhead, and calculate under- or overapplied overhead. Simple 20–30 5A Analyze manufacturing accounts and determine missing amounts. Complex 30–40 1B Prepare entries in a job cost system and job cost sheets. Simple 30–40 2B Prepare entries in a job cost system and partial income statement. Moderate 30–40 3B Prepare entries in a job cost system and cost of goods manufactured schedule. Simple 30–40 4B Compute predetermined overhead rates, apply overhead, and calculate under- or overapplied overhead. Simple 20–30 5B Analyze manufacturing accounts and determine missing amounts. Complex 30–40
BLOOM’S TAXONOMY TABLE 2-3 Correlation Chart between Bloom’s Taxonomy, Study Objectives and End-of-Chapter Exercises and Problems Study Objective Knowledge Comprehension Application Analysis Synthesis Evaluation 1. Explain the characteristics and purposes of cost accounting. Q2-1 Q2-2 Q2-3 Q2-4 2. Describe the flow of costs in a job order costing system. Q2-5 Q2-7 Q2-8 Q2-11 Q2-12 Q2-6 BE2-1 BE2-2 BE2-3 BE2-4 E2-1 E2-2 E2-3 E2-6 E2-7 E2-8 E2-9 E2-11 P2-1A P2-3A P2-1B P2-3B E2-4 P2-2A P2-5A P2-2B P2-5B 3. Explain the nature and importance of a job cost sheet. Q2-9 Q2-10 BE2-5 E2-10 E2-12 4. Indicate how the predetermined overhead rate is determined and used. Q2-15 Q2-13 Q2-14 BE2-6 BE2-7 E2-13 P2-4A P2-4B E2-5 5. Prepare entries for jobs completed and sold. Q2-16 BE2-8 6. Distinguish between under- and overapplied manufacturing overhead. Q2-17 Q2-18 BE2-9 Broadening Your Perspective Communication Real-World Focus Exploring the Web Managerial All About You Decision Making Across the Organization Ethics Case

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2-4 STUDY OBJECTIVES 1. EXPLAIN THE CHARACTERISTICS AND PURPOSES OF COST ACCOUNTING.
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## This note was uploaded on 12/12/2009 for the course ACCT 2102 taught by Professor Constable,d during the Fall '08 term at Georgia Perimeter.

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im_pdf_ch02 - CHAPTER 2 Job Order Costing ASSIGNMENT...

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