CHAPTER 2 AN INTRODUCTION TO COST TERMS AND PURPOSES
(15 min.) Computing and interpreting manufacturing unit costs.
(in millions) Regular $ 62.00 8.00 24.00 $ 94.00
Direct material cost Direct manuf. labor costs Indirect manuf. costs Total manuf.
CHAPTER 18 SPOILAGE, REWORK, AND SCRAP 18-16 (510 min.) Normal and abnormal spoilage in units. 1. Total spoiled units Normal spoilage in units, 5% 132,000 Abnormal spoilage in units Abnormal spoilage, 5,400 $10 Normal spoilage, 6,600 $10 Potential savings
CHAPTER 17 PROCESS COSTING 17-16 (25 min.) Equivalent units, zero beginning inventory. 1. Direct materials cost per unit ($750,000 10,000) Conversion cost per unit ($798,000 10,000) Assembly Department cost per unit $ 75.00 79.80 $154.80
2a. Solution Exhi
CHAPTER 15 ALLOCATION OF SUPPORT-DEPARTMENT COSTS, COMMON COSTS, AND REVENUES 15-16 (20 min.) Single-rate versus dual-rate methods, support department. Bases available (kilowatt hours): Rockford Practical capacity 10,000 Expected monthly usage 8,000 1a.
CHAPTER 11 DECISION MAKING AND RELEVANT INFORMATION 11-16 (20 min.) Disposal of assets. 1. This is an unfortunate situation, yet the $75,000 costs are irrelevant regarding the decision to remachine or scrap. The only relevant factors are the future revenu
CHAPTER 9 INVENTORY COSTING AND CAPACITY ANALYSIS 9-16 1. (30 min.) Variable and absorption costing, explaining operating-income differences.
Key inputs for income statement computations are April Beginning inventory Production Goods available for sale Un
CHAPTER 7 FLEXIBLE BUDGETS, DIRECT-COST VARIANCES, AND MANAGEMENT CONTROL 7-16 (2030 min.) Flexible budget. Variance Analysis for Brabham Enterprises for August 2009
Actual Results (1) 2,800g $313,600a 229,600d 84,000 50,000g $ 34,000 FlexibleBudget Varia
CHAPTER 5 ACTIVITY-BASED COSTING AND ACTIVITY-BASED MANAGEMENT 5-16 1. (20 min.) Cost hierarchy. a. Indirect manufacturing labor costs of $1,200,000 support direct manufacturing labor and are output unit-level costs. Direct manufacturing labor generally i
Job order costing, process costing.
Job costing (but some process costing)
Acct 3310 Zeigler: 3-28 - Chp 3 - Page 90
(See the Excel workbook posted on our Class Website for further
Note: When dealing with multiple products, continue to use the same approach
as we have to date, but weight the individual products according