[考古] 成本會計/賴炎卿/97上期中考
[開課學院]:商學院 (ex:金融學院,商學院,理工學院,資電學院,建設學院,文學院...)
[開課系所]:財稅系 (ex:中文系,外文系,電機系,財稅系..)
[課程名稱]:成本會計
[老師名稱]:賴炎卿 老師
[開課學期]:97 上學期
[類型]:97-1期中考 ex:(第n次)小考/98-2期中考/98-2期末考
1.The following costs are incurred by AAA Company. Classify each cost item as
either a period cost or a product cost.If the cost is a product cost,identify
it as a prime and/or conversion cost.(15%)
┌─────────────────┬───┬───────────────┐
│ │ │ product cost │
│ │Period├──────┬────────┤
│ │ Cost │ Prime Cost ｜Conversion Cost │
├─────────────────┼───┼──────┼────────┤
│Facyory property taxes │ │ │ V │
│(for example) │ │ │ │
├─────────────────┼───┼──────┼────────┤
│Payroll taxes for assembly labor │ │ │ V │
├─────────────────┼───┼──────┼────────┤
│Depreciation of factory equipment │ │ │ V │
├─────────────────┼───┼──────┼────────┤
│Insurance on delivery vechicles │ V │ │ │
├─────────────────┼───┼──────┼────────┤
│Indirect materials used │ │ │ V │
├─────────────────┼───┼──────┼────────┤
│Wages of production workers │ │ V │ V │
├─────────────────┼───┼──────┼────────┤
│Production supervisor's salary │ │ │ V │
├─────────────────┼───┼──────┼────────┤
│Advertising │ V │ │ │
├─────────────────┼───┼──────┼────────┤
│Direct materials used │ │ V │ │
├─────────────────┼───┼──────┼────────┤
│Depreciation of office equipment │ V │ │ │
├─────────────────┼───┼──────┼────────┤
│Sales salaries │ V │ │ │
└─────────────────┴───┴──────┴────────┘
2.Following information is collected from BBB Company's transaction summary
for the month of June.
┌─────────────────┬────┐
│Goods in process inventory,May 31 │$12,600 │
├─────────────────┼────┤
│Goods in process inventory,June 30│ 16,500 │
├─────────────────┼────┤
│Direct materials used during June │ 21,000 │
├─────────────────┼────┤
│Direct labor used during June │ 31,000 │
├─────────────────┼────┤
│Factory overhead: │ │
├─────────────────┼────┤
│ Indirect material │ $6,400 │
├─────────────────┼────┤
│ Indirect labor │ 9,200 │
├─────────────────┼────┤
│ Factory rent │ 12,000 │
├─────────────────┼────┤
│ Factory depreciation │ 15,000 │
├─────────────────┼────┤
│ Factory utilities │ 18,400 │
└─────────────────┴────┘
Required:
(1) Prepare the Statement of Goods Manufactured for the month of June.
(Using actual costing) 15%
Ans:
BBB Company
Statement of Goods Manufactured
For Month Ended June 30
────────────────────────────────────
Direct materials............................ $21,000
Direct labor................................ 31,000
Factory overhead:
Indirect material....................... $6,400
Indirect labor.......................... 9,200
Factory rent............................ 12,000
Factory depreciation.................... 15,000
Factory utilities....................... 18,400
￣￣￣
Total factory overhead costs............ 61,000
￣￣￣
Total manufacturing costs................... $113,000
Add goods in process inventory,May 31....... 12,600
￣￣￣
Total goods in process...................... $125,600
Deduct goods in process inventory,June 30... 16,500
￣￣￣
Cost of goods manufactured.................. $109,100
════
(2)If BBB used 200% direct labor cost as a predetermined rate to apply its
factory overhead. Prepare an accounting adjustment for accounts relating
Factory Overhead at the end of June. 8%
Ans:
┌ Applied Factory Overhead 62,000
│ Over-or-Under Applied Factory Overhead 1,000
└ Factory Overhead Control 61,000
(3)Finish following T-accounts. 24%
Ans:
Materials Work in Process Finished Goods
─────┬─── ─────┬──── ─────┬────
6/1 10,000│21,000 6/1 12,600│110,100 6/1 10,000│100,100
│ 6,400 ─────┤ ─────┤
│ 21,000│ 110,100│
│ 31,000│ ─────┼────
62,000│ 6/30 20,000│
─────┼────
6/30 16,500│
Cost of Goods Sold Factory Payroll Factory Overhead Control
────┬──── ────┬──── ─────┬──────
100,100│ 40,200│31,000 6,400│61,000
│ │ 9,200 9,200│
│ │ 12,000│
│ │ 15,000│
│ │ 18,400│
─────┴──────
Over-or-Under Applied Factory Overhead
Applied Factory Overhead Overhead
──────┬────── ──────┬──────
6/1 1,000│1,000 62,000│62,000
│ │
│ │
3.CCC Company used job order cost accumulation and applied overhead based on
direct labor cost(75%).On May 1,job cost sheet indicated the following:
┌─────────┬─────┬─────┬─────┐
│ │ Job 201 │ Job 202 │ Job 203 │
├─────────┼─────┼─────┼─────┤
│Direct materials │ 4,000 │ 3,000 │ 2,000 │
├─────────┼─────┼─────┼─────┤
│Direct labor │ 2,000 │ 1,000 │ 2,000 │
├─────────┼─────┼─────┼─────┤
│Applied overhead │ 1,500 │ 750 │ 1,500 │
├─────────┼─────┼─────┼─────┤
│ (condition)│ Finished │In process│In process│
└─────────┴─────┴─────┴─────┘
A summary of total cost for Job 201,202,203,204,and 205 on May 31 showed
the following:
┌────────┬────┬────┬─────┬────┬─────┐
│ │ Job 201│ Job 202│ Job 203 │ Job 204│ Job 205 │
├────────┼────┼────┼─────┼────┼─────┤
│Direct materials│ 4,000│ 4,000│ 3,000 │ 2,000│ 3,000 │
├────────┼────┼────┼─────┼────┼─────┤
│Direct labor │ 2,000│ 3,000│ 3,000 │ 2,000│ 2,000 │
├────────┼────┼────┼─────┼────┼─────┤
│Applied overhead│ 1,500│ 2,250│ 2,250 │ 1,500│ 1,500 │
├────────┼────┼────┼─────┼────┼─────┤
│ (condition)│ Sold│ Sold│ Finished │ Sold│In process│
└────────┴────┴────┴─────┴────┴─────┘
Required:
(1)Summary general journal entries to record cost input for this month: 20%
(01)Requisition materials
Ans: ┌ Work in process 7,000
│ Factory Overhead Control 2,000
└ Materials 9,000
(02)Distribuion of factory labor costs
Ans: ┌ Work in process 7,000
│ Factory Overhead Control 3,000
└ Payroll 10,000
(03)Apply factory overhead to the work in process
Ans: ┌ Work in process 5,250
└ Applied Factory Overhead 5,250
(04)Sales on account were $25,000 by using perpetual inventory system
Ans: ┌ Accounts Receivable 25,000
└ Sales 25,000
┌ Cost of Goods Sold 22,250
└ Finished Goods 22,250
(2)Finish following T-accounts. 21%
Ans:
Materials Work in Process Finished Goods
─────┬──── ─────┬──── ─────┬────
5/1 2,000│7,000 5/1 10,250│ 23,000 5/1 7,500│ 22,250
─────┤2,000 ─────┤ ─────┤
8,000│ 7,000│ 23,000│
─────┤ 7,000│ ─────┼────
5/31 1,000│ 5,250│ 5/31 8,250│
│ ─────┼──── │
│ 5/31 6,500│
Cost of Goods Sold Factory Payroll Factory Overhead Control
────┬──── ────┬──── ─────┬──────
22,250│ 10,000│ 7,000 2,000│
│ │ 3,000 3,000│
│ │ │
│ │ │
│ │ │
Applied Factory Overhead
──────┬──────
│ 5,250
│
│
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※ 編輯: tengins 來自: 123.240.82.159 (02/11 22:17)