會(huì)計(jì)學(xué)-企業(yè)決策的基礎(chǔ)答案

1、管理會(huì)計(jì)作業(yè)(chapter16-20 )Chapter 16 P757a.Direct materials purchased$410,000(2)Direct materials used:Materials inven tory, beg inning of year$ 22,000Add: Purchases of direct materials410,000Cost of direct materials available for use$432,000Less: Materials inven tory, end of year26,000Cost of direct mate

2、rials used$406,000(3)Payme nts of direct labor payrolls$189,000(4)Direct labor cost assig ned to producti on$192,000(5)Total man ufacturi ng costs:Direct materials used parta (2)$406,000Direct labor cost192,000Man ufacturi ng overhead393,600Total man ufacturi ng costs$991,600(6)Cost of fini shed goo

3、ds man ufactured:Work in process inven tory, begi nning of year$5,000Add: Total manufacturing costs parta (5)991,600Cost of all goods in process duri ng the year$996,600Less: Work in process inven tory, end of year9,000Cost of fini shed goods man ufactured$987,600(7)Cost of goods sold:Beginning inve

4、n tory of fini shed goods$38,000Add: Cost of finished goods manufactured parta (6)987,600Cost of goods available for sale$ 1,025,600Less: Ending inven tory of fini shed goods25,000Cost of goods sold$ 1,000,600(8)Total inven tory:Materials inven tory$ 26,000Work in process inven tory9,000Fini shed go

5、ods inven tory25,000Total inven tory$ 60,000b.HILLSDALE MANUFACTURING CORP.Schedule of the Cost of Fini shed Goods Man ufacturedFor the Year En ded December 31,20_Work in process inven tory, beg inning ofyear$5,000Add: Man ufacturi ng costs assig ned to producti on:Direct materials used part a $406,

6、000Direct labor192,000Man ufactur ing overhead393,600Totalman ufactur ingcosts991,600Cost of all goods in process duri ng theyear$996,600Less: Work in process, end of year9,000Cost of fini shed goods man ufactured$987,600Chapter 16 P761aPurchases of direct materials$360,000bCost of direct materials

7、used:Materialsinven tory,beg inning of year$ 18,000Add: Purchases of direct materials360,000Cost of materials available for use$378,000Less: Materials inven tory, end of year14,000Cost of direct materials used$364,000cDirect labor payrolls paid dur ing the year$225,000dDirect labor costs assig ned t

8、o producti on$230,000eOverhead costs duri ng the year$400,000Un its in the activity base (direct labor costs)230,000Overhead stated as a perce ntage of direct labor costs($400,000 - $230,000)174%1fDirect materials used (partb)$364,000Direct labor costs assig ned to producti on230,000Man ufacturi ng

9、overhead applied to producti on400,000Total man ufactur ing costs charged to work in process$994,000Costs of fini shed goods man ufactured:Work in processinven tory,beg inning of year$ 20,000Add: Totalman ufacturi ng costs(part f)994,000Cost of all goods in process duri ng the year$ 1,014,000Less: C

10、ost of work in process inven tory, end of year25,000Cost of fini shed goods man ufactured$989,000hCost of goods sold:Begi nning inven tory of fini shed goods$98,000Add: Cost offini shed goodsman ufactured (partg)989,000Cost of goods available for sale$ 1,087,000Less: Ending inven tory of fini shed g

11、oods110,000Cost of goods sold$977,000iTotal inven tory at year-e nd:Materials inven tory$14,000Work in processinven tory25,000Fini shed goods inven tory110,000$149,00Total inven tor y0Chapter 17 P802a.Department One overhead applicationrate based onmachi ne-hours:Manu facturi ngOverheadMachi ne-Hour

12、s=$420,00012,000=$35 per machi ne-hourDepartme nt Two overhead applicati on rate based on direct labor hours:Manu facturi ngOverhead=$337,500=$ per direct labor hourDirect Labor Hours15,000b.Job no. 58:Dept. OneDept. TwoTotalDirect materials$ 10,100$7,600$17,700Direct labor16,50011,10027,600Man ufac

13、tu ring overhead:750 machine- hours x $35 per hour26,25026,250740 direct labor hoursx$ per hour16,65016,650Total cost of job no. 58$88,200c.Gen eral Jour nalCost ofGoodsSold88,200Fi nish ed Goods Invent ory88,200To record cost of goods sold (job no.58)to CityFur nitureAccou nts Receivable (CityFur n

14、iture)147,000Sales147,000To record reve nue from sale to CityFur ni ture.d.Dept. OneDept. TwoActual man ufactu ring overhead forJan uary$39,010$26,540Man ufacturi ng overhead applied to jobs:1,100 machine- hours x$35 per hour38,5001,200 direct labor hoursx $ p er hour27,000Un derapplied man ufactur

15、ing overhead Dept. One$510Overapplied man ufacturi ng overhead Dept. Two$460Chapter 17 P805a.Budgeted man ufacturi ng overhead$24,600Budgeted direct labor hours (DLH)-2,500Manufacturing overhead application rate$per DLHMan ufacturi ng overhead allocated using DLHBasic ChunksCustom Cuts50,000 bags x

16、DLH per bag x $ per DLH$4,92020,000 cases x DLH per case x $ per DLH$19,680b.Perce nt of cost driver assig ned to each product lineBasic ChunksCustom CutsKilowatt hours:Basic Chu nks (90,000 KWH - 100,000 KWH)90%Custom Cuts (10,000 KWH - 100,000 KWH)10%Mach ine hours:Basic Chu nks (160 MH 200 NH)80%

17、Custom Cuts (40 MH - 200 MH)20%Square feet occupied:Basic Chu nks (60,000 Sq. Ft. 80,000 Sq.Ft.)75%Custom Cuts (20,000 Sq. Ft. - 80,000 Sq. Ft.)25%Direct labor hours:Basic Chu nks (500 DLH 2,500 DLH)20%Custom Cuts (2,000 DLH - 2,500 DLH)80%Man ufacturi ng overhead allocated using ABCBasic ChunksCust

18、om CutsUtilities cost pool (us ing KWH as a cost driver):Basic Chu nks (90% x $8,000)$7,200Custom Cuts (10% x $8,000)$ 800Maintenance cost pool (using MHas a cost driver):Basic Chu nks (80% x $1,000)$ 800Custom Cuts (20% x $1,000)$ 200Depreciati on cost pool (us ing Sq. Ft. as a cost driver):Basic C

19、hu nks (75% x $15,000)$11,250Custom Cuts (25% x $15,000)$3,750Miscella neous cost pool (us ing DLH as a cost driver):Basic Chu nks (20% x $600)$ 120Custom Cuts (80% x $600)$480Total overhead allocated to each product line usingABC$19,370$5,230c.Total man ufacturi ng costs allocated to each product l

20、ineBasic ChunksCustom CutsDirect Labor:Basic Chu nks (50,000 bags x $12 per DLH xDLH)$ 6,000Custom Cuts (20,000 cases x $12 per DLH xDLH)$24,000Direct Materials:Basic Chu nks (50,000 bags x $2 per bag)$ 100,000Custom Cuts (20,000 cases x $4 per case)$ 80,000Man ufactur ing Overhead (allocate using A

21、BC):Basic Chu nks (from partb)$19,370Custom Cuts (from partb)$5,230Total cost allocated using ABC$125,370$109,230d. The Custom Cuts product line is very labor intensive in comparison to the BasicChunks product line. Thus, the company s current practice of using direct labor hours to allocate overhea

22、d results in the assig nment of a disproporti on ateamountof total overhead to the Custom Cuts product line. If pricing decisionsare setas a fixed perce ntage above the manu facturi ng costs assig ned to each product, the Custom Cuts product line is overpriced in the marketplace whereas the Basic Ch

23、unks product line is curre ntly priced at an artificially low price in the marketplace. This probably expla ins why sales of Basic Chunks remai n strong while sales of Custom Cuts are on the decline.e. The ben efitsthe compa ny would achieve by impleme nting an activity-based costi ngsystem include:

24、(1) a better identification of its operating inefficiencies,(2)a better understanding of its overhead cost structure, (3) a better understanding of the resource requireme nts of each product line, (4) the pote ntial to in crease the selling price of Basic Chunks to makeit more comparable to competit

25、ive brands and possibly do so without having to sacrifice significantmarket share, and (5)the ability to decrease the selling price of Custom Cuts without having tosacrifice product quality.Chapter 18 P835B. Ex.a job costi ng (each project of a con struct ioncompa ny is unique)b both job and process

26、 costi ng (in stituti onal clie nts may represe nt unique jobs)c job cost ing (each set of equipme nt is uniq uely desig ned and manu factured)d process costing (the dog houses are uniformly manufactured in high volumes)e process costi ng (the vitam ins and suppleme nts are uni formly manu factured

27、in high volumes)Chapter 18 P841Part I. Physical FlowTotal UnitsIn puts:? Begi nning WIP-0-? Started4,000Dishwashers to account4,000forOutputs:? Un its completed4,000? En di ng WIP-0-Dishwashers acco un ted4,000forPartII.Equivale ntDirectCon vers ion CostsUnitsMaterialsBasedonmon thlyin put:? Begi nn

28、ing WIP-0-0-? Units started4,0004,000Equivale ntun itsof4,0004,000in putBasedonmon thlyoutput:? Un its completed4,0004,000? En di ng WIP-0-0-Equivale ntun itsofoutput4,0004,000Part III.Cost PerTotal Unit CostDirectCon vers ion CostsEquivale nt UnitMaterialsCosts from Tub$150,000$30,000Departme ntCos

29、ts from Motor96,00024,000Departme ntTOTAL$246,000$54,000Divideby-4,000-4,000equivale nt un itsCostsper$_equivale nt un itPart IV. Total CostTotal CostsDirectCon vers ion CostsAssig nmentMaterialsCosts to account for:,? Cost of begi nning$ -0-WIP|? Cost added duri ng300,000the periodTotal cost to acc

30、o unt$300,000forCosts acco un ted for:? Cost of goods tran sferredBegi nning WIP last periodBegi nning WIP this$ -0-0-$ -0-$ -0-0-period-0-Started and300,000246,000 a54,000 bcompletedTotal cost tra nsferred$300,000$246,000$54,000? Add en di ng WIP-0-0-0-Total cost accounted for$300,000$246,000$54,00

31、0a4,000 EU $ = $246,000b4,000 EU $ = $54,000Chapter 18 P845a. (1)$49 ($192,000 + $48,000 + $54,000)- 6,000 un its(2) $109 ($480,000 + $108,000+ $66,000)-6,000 un its(3) $158 ($49 + $109)(4) $32 ($192,000- 6,000 un its)(5) $18 ($108,000- 6,000 un its)b. In evaluating the overall efficiency of the Eng

32、ine Department, managementwould look at the mon thly per- unit costin curred by that departme nt, whichis the cost of assembli ng and in stalli ng an engine ($109 in parta).Chapter 20 P918Required acon tributi onmargin per unitBudgeted operat ing$ 260,000In comeFixed costs540,000Total required con t

33、ributi on margin$ 800,000Number of un its to be produced and sold50,000Required con tributi on marg in per un it($800,000 -$50,000 un its)$ 16Required sales price per un it:Required con tributi on marg in per un it$ 16Variable costs and expe nses per un it84Total required unit sales price$ 100Fixed

34、Costs bBreak-Even Sales Volume (in units)=ContributionMargin per Unit$540,000=$1633,750=unitsc Margin of safety at 50,000 un its:Sales volume at 50,000 units ($100 x50,000 un its)$ 5,000,000Less: Break-eve n sales volume ($100x $33,750 un its)3,375,000Margin of safety$ 1,625,000Operati ng In come at

35、 50,000 un its:Margin of safety$ 1,625,000Co ntributi on margin rati on ($100 -$84) $100.16Operat ing In come ($1,625,000x .16)$ 260,000d. No. With a unit sales price of $94, the break-even sales volume in units is 54,000un its:Un it co ntributio n margin = $94 - $84 variable costs = $10$540,000 Bre

36、ak-eve n sales volume (in un its)=' ) $10= 54,000 un itsUni ess Thermal Tent has the ability to manufacture 54,000 un its (or lower fixedand/or variable costs), setting the unit sales price at $94 will not enableThermal Tent to break eve n.Chapter 20 P918aSales price per un it:Budgeted cots$ 2,2

37、50,000Add: Budgeted operati ng in come900,000Budgeted sales reve nue$ 3,150,000Sales price per un it ($3,150,000 30,000 un its)$105b(1)Total fixed costs:Man ufacturi ng overhead ($720,000x 75%)$540,000Selli ng and admi nstrative expe nses ($600,000x 80%)480,000Total fixed costs$ 1,020,000(2)Variable

38、 costs and expe nses per un it:Direct materials$ 21Direct labor10Manufacturing overhead ($24x 25%)6Selli ng and admi nistrative expe nse ($20x 20%)4Total variable costs per un it$41(3)Un it con tributi on margin:Sales price per unit$ 121Less: Variable costs per unit from(2)41Un it con tributi on margin$ 80(4)Number of un i