Beruflich Dokumente
Kultur Dokumente
(a) 1.
31
31
31
8,000
12,000
9,600
45,100
8,000
12,000
9,600
45,100
EXERCISE 3-17
(a)
$ 14,700
$62,400
32,000
40,000
134,400
149,100
17,900
$131,200
$200,000
$ 12,600
131,200
143,800
9,500
134,300
$ 65,700
Gonzalez
Direct materials
$ 600
Auditor labour costs
5,400
Applied overhead
3,960
Total cost
$9,960
Navarro
$ 400
6,600
4,840
$11,840
Rojas
$ 200
3,375
2,475
$6,050
(b) The Gonzalez job is the only incomplete job, therefore, $9,960.
(c) Actual overhead
Applied overhead
Balance
$12,000 (DR)
11,275 (CR)
$ 725 (DR)
PROBLEM 3-23A
(a) $1,050,000 $700,000 direct labour costs = 150% of direct labour
costs
(b) See solution to part (e) for job cost sheets
(c) Raw Materials Inventory ............................................
Accounts Payable ...............................................
90,000
65,000
71,000
79,000
50,000
75,000
90,000
49,000
16,000
20,000
19,000
17,000
15,000
79,000
50,000
75,000
Job No. 50
Date
Direct Materials
Direct
Labour
Manufacturing Overhead
Beg.
Jan.
$20,000
10,000
$30,000
$12,000
5,000
$17,000
*$16,000*
* 7,500*
*$23,500*
$30,000
17,000
23,500
$70,500
*$5,000 X 150%
Job No. 51
Date
Direct Materials
Direct
Labour
Manufacturing Overhead
Jan.
$39,000
$39,000
$25,000
$25,000
**$37,500**
**$37,500**
Direct Materials
Direct
Labour
Manufacturing Overhead
Jan.
$30,000
$20,000
***$30,000***
***$20,000 X 150%
(f)
172,000
160,500
280,000
(g)
Beginning balance
Cost of completed jobs 50 and 51
Ending balance
Finished
Goods Inventory
90,000 160,500
172,000
101,500
172,000
160,500
280,000
that
manufacturing
overhead
was
PROBLEM 3-30A
(a) $7,600
(b) $36,750
data).
(c) $16,950
($18,850 $1,900).
(d) $7,040
($8,800 X 80%).
(e) $12,440
(f)
$57,100
(g) $5,000
(h) $57,100
(i)
$58,100
(j)
$4,000
(k) $12,465
(l)
($12,465 $8,800).
$3,665
(m) $7,040
PROBLEM 3-37B
(a) Check the relationship between direct labour and factory
overhead applied for several of the jobs to see what the
overhead rate is:
Job 43: $288 $360 = 80% of direct labour cost.
Job 44: $792 $990 = 80% of direct labour cost.
Job 47: $680 $850 = 80% of direct labour cost.
The predetermined overhead rate is 80% of direct labour costs.
(b)
(1)
(c)
(d)
$2,832
120 (1)
2,712
600
$2,112
$570
150
120
$300
$4,190
300 (1) above
$3,890
$3,540
150 (given)
$3,390
(f)
$
$3,890
3,390
2,712
$ 2,550
10,085
12,635
3,550
$9,085
570
9,992
10,562
477
$10,085
CASE 3-44
(a) Costs assigned o Jobs 101 & 111:
Job 101
Prior to July:
Direct materials
Direct labour
$ 9,000
2,000
$ 600
100
Overhead applied 1
Added in July:
Direct materials
Direct labour
2,400
120
1,000
500
3,000
Overhead applied 1
1,200
$15,600
3,600
$7,920
(b)
(c)
Job 111
(1)
(2)
(3)
(4)
Job 115
$ 800
200
240
$1,240
$ 2,500
1,500
1,800
$ 5,800
Total
$ 5,800
4,400
4,000
4,800
$19,000
$ 4,900
1,300
$ 3,600
$ 8,000
4,200
$ 3,800
(d)