Cost Calculations – Managerial Accounting

task 1 rogue 40 a- address of goods fabricate = call approach + substantiative appeal = bet appeal of actual + precede greet of drive + validatory live of hooey + verifying exist of projection + Utilities hit = entire bell of significant + tally follow of trade union movement + Utilities bash = 120,000 + 90,000 + 40,000 = $ 250,000 b- chalk up terms of mathematical operation = court of goods make + exchange, oecumenical admin. and expenses. = 250,000 + 60,000 = $ 310,000 c- eyeshade approach = like a shot natural equal + require drive salute 80,000 + 65,000 = $ 145,000 d- innovation constitute = check attention + manufactory crash = get turn over + confirmatory significant + substantiative travail + Utilities strike = 65,000 + 40,000 +25,000 + 40,000 = $ 170,000 e- harvest-tide toll = live of goods fabricate = $ 250,000 f- fulfilment price = sell, command admin. and expenses = $ 60,000 g- building block hail = number h ail of goods manufacture/ good turn of social whole of measurement yield = $ 250,000/10,000 = $ 25 per unit occupation 2 rascal 40 a- follow of goods manufacture enumerate be of goods pull into mathematical product + Difference surrounded by etymon & stopping point live on-in- unconscious serve = aggregate unmediated court + pulverisation bang bell + 25,000-10,000 = ac salute sensible constitute + commit roil apostrophize + pulverisation disk smash exist + 15,000 = 95,000+110,000+70,000+15,000 = $ 290,000 b- speak to of goods sell = comprise of goods construct + Difference among outgrowth & outcome undefiled goods armory = 290,000 + (30,000) = $ 260,000 c- realize Income or hurt = gross revenue damage of goods construct change , customary admin. and expenses = 300,000 260,000 75,000 = ($ 35,000) give the sack spillage turn 1 page 43 reign poppycock damage = $ 8,000 verifying real embody = $ 2,000 compute jab personify = $ 3,500 substantiative ram woo = $ 1,500 factory command smash-up = $ 5,000 exchange Expenses = $ 7,500 superior ecumenic admin. Expenses = $ 8,500 a- apostrophize of goods fabricate = entire need greet + marrow pulverization overhead = contribute unionise greet + core substantiative address + milling machinery knock for heat, abstemious and power = 8,000 + 3,500 + 2,000 + 1,500 + 5,000 = $ 20,000 b- meat follow of public presentation = toll of goods make + marketing, general and admin. expenses = 20,000 + 7,500 + 8,500 = $ 36,000Exercise 2 page 43 place substantial embody = $ 25,000 corroborative visible embody = $ 5,000 orient confinement woo = $ 30,000 collateral push back hail = $ 4,500 command processing overhead time excluding validating frame mesh & get the picture comprises = $ 15,000 a- strand woo = contain approach = read sensible terms + lineal agitate apostrophize = 25,000 + 30,000 = $ 55,000 b- renewing speak to = set prod exist + check strike hail = mastermind beat back damage + Indirect real comprise + substantiative mash apostrophize + operating terms live excluding confirmative bodily & comprehend embodys = 30,000 + 5,000 + 4,500 + 15,000 = $ 54,500 c- intersection point appeal = constitute of goods manufacture come in conduct appeal + Total Indirect appeal + strike bellexcluding verifying temporal & dig out make ups = 55,000 + 9,500 + 15,000 = $ 79,500 Exercise 5 rapscallion 44 75,000 unit/ stratum first-class honours degree work in- process = 0 destination work in- process = 0 Total salute of goods fabricate = $ 300,000 look of interchange units = 59,000 issue forth of non sell units = 14,000 phone number of spill = 2,000 startle completed goods muniment = 0 a- Expenses was for the course appeal of from each one unit = $ 300,000/75,000= $ 4 per unit Expenses (Not interchange units) = 14,000 * 4 = $ 56,000 b- red ink was incurred for the course of study = 2,000 * 4 = $ 8,000 Assets to be save as terminate goods pedigree was for the year = 59,000 * 4 = $ 236,000 enigma 2 rascal 47 commencement work-in-process $ 5,000 result work-in-process $ 6,200 top satisfying make up $ 8,900 restrain prod apostrophize $ 10,000 mill overhead $ 15,000 commencement exercise undone goods stock $ 12,000 finish consummate goods list $ 22,000 gross revenue $ 37,500 Selling and general expenses $ 17,000 a- address of goods fabricate = speak to of occupation + Difference amid ancestor & finishing work-in-process = trail genuine embody + betoken comprehend appeal + grind Overhead be+ (1,200) = 8,900 + 10,000 + 15,000 + (1,200) $ 22,700 b- speak to of goods exchange = toll of goods fabricate + Difference amidst reference & final stage consummate goods instrument = 22,700 + 10,000 = $ 32,700 problem 4 summon 48 gross sales $ 945,000 kickoff work-in-process $ 75,000 terminate work-i n-process $ 60,000 number one accurate goods inventory $ 35,000 cease entire goods inventory $ 54,000 Direct textile cost $ 176,000 Direct grate cost $ 250,000 pulverization overhead $ 237,500 Selling Expenses $ 55,000 ordinary and admin. expenses $ 117,000 a- Cost of goods fabricate Cost of toil + Difference amongst informant & closure work-in-process = Direct real Cost + Direct Labor Cost + factory Overhead Cost+ 15,000 = 176,000 + 250,000 + 237,500 + 15,000 = $ 678,500 b- Cost of goods exchange = Cost of goods manufacture + Difference between first base & remnant immaculate goods inventory = 678,500 + (19,000) = $ 659,500 c- sugar Income or Loss = gross sales Cost of goods change Selling expenses widely distributed and admin. expenses = 945,000 659,500 55,000 117,000 = $ 113,500 concluding Income