| | | | | http://highered.mcgraw-hill.com/sites/dl/free/0078025680/988577/wild_ma4e_sample_ch02.pdf | | | | | | | | | |
| | SP 2 | Serial Problem | | | * In May these cost were asigned | | | Answer in GRN |
| | | Seccess Systems | | | May | | June | | Total | July |
| | Due Weds | | | | Job 6.02 | *Added | Job 6.03 | | | Job 6.04 |
| | Page 81 | | Direct Materials | | $1,500.00 | $600.00 | $3,300.00 | 1 | $8,100.00 | $2,700.00 | |
| | | | Direct Labor | | 800 | 180 | 1420 | 2 | 2400 | 2100 |
| | | | Overhead | | 400 | 90 | 710 | | 1200 | 1050 |
| | | | | | | | | 3 | 50% |
| | | | | 1 | What is the cost of the raw material used in June for each of the 3 jobs in total? | | | | | | $8,100.00 | |
| | | | | 2 | How much total Labor cost was incured in June? | | | | | 2400 |
| | | | | 3 | What Predetermined overhead rate is used in June? | | | | | 50% |
| | | | | |
| | | | | 4 | How much cost is transferred to finished goods inventory in June? | | | | | | $19,800.00 |
| | | | | |
| | | | | 1 | Math | $1500.00 + $600.00 + $3300.00 + $2700.00 = | | | | | $8,100.00 |
| | | | | | Jobs | 6.02 | Added | | 6.03 | 6.04 |
| | | | | 2 | Math | 400 + 90 + 710 = | | | 2400 |
| | | | | 3 | Math | | PREDETERMIND OVERHEAD RATE |
| | | | | | | | ESTAMATED OVER HEAD COST |
| | | | | | | | 1200 | | 50 | RATE % |
| | | | | | | DIVIDED BY | 2400 | |
| | | | | | | | ESTAMATED OVER DIRECT LABOR |
| | | | | |
| | | | | 4 | Math ? | 1200 + 2400 +8100.00 + / 50% | | | | 19800 |
| | | | | | | I do not know if I did this right |
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ma__mgmt-312_homework_.xlsx
