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ACC 206 Week 5 Final Paper ABC Company Cedar Roofing Report Latest

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Solution: Chapter 4 Exercise 7 Division A Division B Actual machine hours Estimated machine hours Overhead application rate Actual overhead Estimated overhead Applied overhead Over- (under-) applied overhead A B 22500 20000 4.5 110000 90000 101250 -8750 18000 17200 5 79500 90000 86000 6500 101 20400 5000 7800 11700 44900 103 14800 Chapter 4 problem 2 Job Opening DM DL Overhead Total 20800 31200 66800 115 116 19500 42000 63000 124500 36200 18000 27000 81200 a. Compute the total overhead applied to production during May. b. Compute the cost of the ending work in process inventory. c. Compute the cost of jobs completed during May. d. Compute the cost of goods sold for the year ended May 31. Chapter 5 exercise 1 High Low a b c 175 120 55 Variable cost 35 Per order Fixed cost $ 54,000 $ 73,950 Chapter 5 exercise 3 Average revenue Variable cost Fixed cost 60125 58200 1925 1 ...
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