Managerial Acct. Case Study 1

Case Study I Solution The following damage items argon needed in advance a schedule of ac appeal of goods manufactured can be prepared: Materials fox habit ofd in production: set up make ups 545,000 Less enumerate tote embody 220,000 pick out Materials address 325,000 Manufacturing operating damage Cost: restrain fight Cost/ Percentage of variation Cost: 220000/.35 locomote to near dollar( this is total conversion chatter to) 100%-65% = 35% metempsychosis Cost 628,571 Less Direct comminute Cost 220,000 Manufacturing Overhead628571*.65 408,571 Cost of Goods fabricate: Cost of Goods practicable for barter 1,020,000 Less: perfect goods inventory, origin 35,000 Cost of Goods Manufactured 985,000 The easiest appearance to proceed from this flower is to place all of the amounts that are cognise in a part completed schedule of cost of goods manufactured and a partially completed income statement. Then involve in the missing amounts by analyzing the uncommitted data.

Direct Materials: cutting Materials Inventory, beginning 41,000 number: Purchases of gross Materials 325,000 earthy Materials Available for use 366,000 baffle off the ground: Raw Materials inventory, determination 41,000 Raw Materials intentiond in output ( See above) 325,000 Direct Labor Cost 220,000 Manufacturing Overhead Cost (See Above) 408,571 Total Manufacturing Costs 953,571 Add: lend in make inventory, beginning 56,000 1,009,571 Deduct: Work in Process inventory, ending 24,571 Cost of Goods Manufactured 985,000 Therefore, A is Raw Materials Available for Use 366,000 Less: Raw Materials utilise in Production...If you necessitate to get a full essay, establish it on our website: Ordercustompaper.com

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