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Accounting

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

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Chapter 4 Exercise 7
Division A Division B A B
Actual machine hours 22500 18000
Estimated machine hours 20000 17200
Overhead application rate 4.5 5
Actual overhead 110000 79500
Estimated overhead 90000 90000
Applied overhead 101250 86000
Over- (under-) applied overhead -8750 6500
Chapter 4 problem 2
Job 101 103 115 116
Opening 20400 14800
DM 5000 19500 36200
DL 7800 20800 42000 18000
Overhead 11700 31200 63000 27000
Total 44900 66800 124500 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 175 60125
Low 120 58200
55 1925
a
Variable cost
35 Per order
b Fixed cost 54,000$
c 73,950$
Chapter 5 exercise 3
Average revenue 180
Variable cost 45
Fixed cost 4320000

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Anonymous
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