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Unformatted text preview: Mo Over/ under applied 20 over Production cost report Value add activity= example bank teller Non-value added activity= security AB costing BEGRM +cost RM Available-end RM = DM Used BEF WIP DU DL MO +Total MGFT costs =total WIP-End WIP =Cost goods MGFT The Sch. Cost of Good MGFT (pg48) DOC- Accumulator Doc – Intermediary summary Doc-Job order cost sheet- sch of cost of Good MGFT – 4 financial Statements NET Sales BEG Finish goods +cost good MFGT = cost good Avail-End F/G =Cost goods sold-Gross margin-GAS =Net Income Cost behavior Model will be on the test DO. Pg 68 2-14 Recap 2 + 3 Pre-Billing summary is Billing hours x Bill Rate = Therapy Fee $100 D. Attorney Hours Martidale - Hubble Disbursements Expertise Witness $3,000 MR= MC. Means breaking-evening BE (units)= Total Fix + Targeted Income Selling price per unit – Variable cost BE ($) = Total Fix + Target Income (SP- VC ) SP Job 101 Job 102 Job 103 Job 104...
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This note was uploaded on 12/07/2011 for the course ACC 344 taught by Professor Hellopet during the Summer '11 term at South Florida Community College.
- Summer '11
- Managerial Accounting