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Copy of ch14

# Copy of ch14 - Name Instructor Accounting Fourth Edition by...

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c50f32663cef6550a5ea699be01711c212348ec9.xlsx, Exercise E14-4, Page 1 of 7 Page(s), 11/04/201105:06:24 Name: Date: Instructor: Course: E14-4 - Determine the total amount of various types of costs. Knight Company reports the following costs and expenses in May. Factory utilities \$15,500 Direct labor \$69,100 Depreciation on factory equipment 12,650 Sales salaries 46,400 Depreciation on delivery trucks 3,800 Property taxes on factory building 2,500 Indirect factory labor 48,900 Repairs to office equipment 1,300 Indirect materials 80,800 Factory repairs 2,000 Direct materials used 137,600 Advertising 15,000 Factory manager's salary 8,000 Office supplies used 2,640 Instructions: Value title Amount Value title Amount Value title Amount Value title Amount Value title Amount Value title Amount Value title Amount Title Formula Value title Amount Value title Amount Value title Amount Title Formula Value title Amount Value title Amount Value title Amount Value title Amount Value title Amount Title Formula Accounting , Fourth Edition by Kimmel, Weygandt, and Kieso Primer on Using Excel in Accounting by Rex A Schildhouse (a) From the information, determine the total amount of manufacturing overhead. (b) From the information, determine the total amount of product costs. (c) From the information, determine the total amount of period costs.

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c50f32663cef6550a5ea699be01711c212348ec9.xlsx, Exercise E14-12, Page 2 of 7 Page(s), 11/04/201105:06:24 Name: Date: Instructor: Course: E14-12 - Prepare a cost of goods manufactured schedule and a partial income statement. Cepeda Corporation has the following cost records for June 2012. Indirect factory labor \$4,500 Factory utilities 400 Direct materials used 20,000 Depreciation, factory equipment 1,400 Work in process, 6/1/12 3,000 Direct labor 40,000 Work in process, 6/30/12 3,800 Maintenance, factory equipment 1,800 Finished goods, 6/1/12 5,000 Indirect materials 2,200 Finished goods, 6/30/12 7,500 Factory manager's salary 3,000 Instructions: CEPEDA CORPORATION Cost of Goods Manufactured Schedule For the Month Ended June 30, 2012 Title Value Title Value Title Value Title Title Value Title Value Title Value Title Value Title Value Title Value Title Formula Title Formula Title Formula Title Value Title Formula \$92,100 CEPEDA CORPORATION Income Statement (Partial) For the Month Ended June 30, 2012 Title Value Title Title Value Title Value Title Formula Title Value Title Formula Title Formula Accounting , Fourth Edition by Kimmel, Weygandt, and Kieso Primer on Using Excel in Accounting by Rex A Schildhouse (a) Prepare a cost of goods manufactured schedule for June 2012. (b) Prepare an income statement through gross profit for June 2012 assuming net sales are
c50f32663cef6550a5ea699be01711c212348ec9.xlsx, Exercise E14-16, Page 3 of 7 Page(s), 11/04/201105:06:24 Name: Date: Instructor: Course: E14-16 - Prepare a cost of goods manufactured schedule, and present the ending inventories on the balance sheet. Inventories

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Copy of ch14 - Name Instructor Accounting Fourth Edition by...

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