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Ch4 - (1(2(3(4 Manufacturing Overhead Control 70,000 30,000...

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Manufacturing Overhead Control Supervisors Salary (1) 70,000 70,000 (1) (2) 30,000 (3) 20,000 Utilities Charges (4) 200,000 30,000 (2) 320,000 Accumulated Depreciation - Plant 20,000 (3) Other Overhead Costs Paid 200,000 (4) Manufacturing Overhead Allocated Work-in-process Inventory 300,000 (5) (5) 300,000 (6) 400,000 (7) 200,000 720000 (8) Direct Materials Control 180000 400,000 (6) Finished Goods Inventory (8) 720,000 504,000 (9) Cash Control for Direct Labor 216,000 200,000 (7) Cost of Goods Sold (9) 504,000
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Exhibit 4-2 Product Costing Data Scented Regular Total Units Produced Per Year 20,000 200,000 N/A Prime Costs $160,000 $1,500,000 $1,660,000 Direct labor hours 20,000 160,000 180,000 Number of setups 60 40 100 Machine hours 10,000 80,000 90,000 Inspection hours 2,000 16,000 18,000 Number of moves 180 120 300 Departmental Data Cutting Printing Total Direct Labor hours: Scented cards 10,000 10,000 20,000 Regular cards 150,000 10,000 160,000 Total 160,000 20,000 180,000 Machine hours: Scented cards 2,000 8,000 10,000 Regular cards 8,000 72,000 80,000 Total 10,000 80,000 90,000 Overhead costs: Setting up equipment $120,000 $120,000 $240,000 Moving Materials $60,000 $60,000 $120,000 Machining $20,000 $180,000 $200,000 Inspecting products $16,000 $144,000 $160,000 Total $216,000 $504,000 $720,000 Cutting Rate Printing Rate PLANT-WIDE RATE $216,000 $504,000 $720,000 160,000 80,000 180,000 $1.35 $6.30 $4.00 Scented Regular PLANT-WIDE RATE - Ex4-3 Prime costs $160,000 $1,500,000
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