Bài tập cá nhân 2 (individual assignment 2):

(1) Exercises 2-1, 2, 4, 11 sách Garrison. Làm trong tập, sau đó chụp hình và upload
lên LMS

(2) Tóm tắt (summary) chương 2 sách Garrison. Dịch sang tiếng việt đoạn summary vào
tập và upload LMS

Cách lưu file khi upload trên LMS:

<STT sinh viên- btcn X- giảng đường>

Ví dụ: sinh viên số thứ tự 5, học giảng đường B110, nộp bài tập cá nhân số 2 thì file nộp có
tên như sau: STT 05-btcn 2-B110

2-1: Classifying manufacturing costs

The PC works assembles custom computers from components supplied by various

manufaturers. The Company is very small and its assembly shop and retail sales store are
housed in a single facility in a Redmond, Washington, industrial park. Listed below are some
of the costs that are incurred at the company.

Required:

For each cost, indicate whether it would most likely be classified as direct labor, direct
materials, manufacturing overheads, selling, or an administrative cost.

1. The cost of a hard drive installed in a computer

2. The cost of advertising in the Puget Sound Computer User newspaper
3. The wages of employees who assemble computers from components
4. Sales commissions paid to the company’s salespeople.
5. The wages of the company’s accountant
6. Depreciation on equipment used to test assembled computers before release to
customers
7. Rent on the facility in the industrial park

2-2: Cost Terminology for Manufacturers

Arden Company reported the following costs and expenses for the most recent month:

Direct materials 80.000

Direct labor 42.000

Manufacturing overhead 19.000

Selling expenses 22.000

Administrative expenses 35.000

Required

1. That is the total amount of product costs?

2. What is the total amount of period costs?
3. What is the total amount of conversion costs?
4. What is the total amount of prime costs?

2-4: Constructing an income statement

Last month CyberGame, a computer game retailer, had total sales of $1.450.000 , selling
expenses of $210.000, and administrative expense of $180.000. The company had
beginning merchandise inventory of $240.000, purchased additional merchandise inventory
for $950.000, and had ending merchandise inventory of $170.000

Required

Prepare an income statement for the company for the month

2-11: Preparing a Schedule of Costs of Goods Manufactured and Cost of Goods Sold

The following cost and inventory data are taken from the accounting records of Mason
Company for the year just completed.

Cost incurred:

Direct labor cost $70.000

Purchases of raw materials $118.000

Manufacturing overhead $80.000

Advertising expense $90.000

Sales salaries $50.000

Depreciation, office equipment $3.000

Beginning of the year End of the year

Inventories

Raw materials $7.000 $15.000

Work in process $10.000 $5.000

Finished goods $20.000 $35.000

Required

1. Prepare a schedule of cost of goods manufactured

2. Prepare the cost of goods sold section of Mason Company’s income statement for
the year.