【正文】 g ...... 800 400 600 4,000 8,000 Purchasing ....... 1,200 1,440 1,600 4,000 2,400 Other overhead...... 15,625 15,000 16,250 7,500 6,875 Total cost ......... $ 116,075 $134,010 $115,890 $ 47,400 $48,835 3. Ending balance in Work in Process = Job 51 + Job 53 + Job 54 = $134,010 + $47,400 + $48,835 = $230,245 89 4. Cost of goods sold = Job 50 + Job 52 = $116,075 + $115,890 = $231,965 90 PROBLEMS 5–15 1. a. Raw Materials .......................... 50,100 Accounts Payable ............. 50,100 b. Work in Process ...................... 30,000 Overhead Control .................... 15,000 Raw Materials.................... 45,000 c. Work in Process ...................... 70,000 Overhead Control .................... 32,000 Administrative Expense ........... 18,000 Selling Expense ....................... 9,900 Wages Payable.................. 129,900 d. Overhead Control .................... 13,400 Accumulated Depreciation 13,400 e. Overhead Control .................... 1,450 Property Taxes Payable .... 1,450 f. Overhead Control .................... 6,200 Prepaid Insurance ............. 6,200 g. Overhead Control .................... 6,000 Utilities Payable................. 6,000 h. Selling Expense ....................... 7,200 Cash.................................. 7,200 i. Administrative Expense ........... 1,500 Selling Expense ....................... 650 Accumulated Depreciation 2,150 j. Administrative Expense ........... 750 Cash.................................. 750 k. Work in Process ($9 8,000) ... 72,000 Overhead Control.............. 72,000 l. Finished Goods ....................... 158,000 Work in Process................ 158,000 91 92 5–15 Concluded 2. Raw Materials Work in Process Bal. 5,000 (b) 45,000 Bal. 30,000 (l) 158,000 (a) 50,100 (b) 30,000 10,100 (c) 70,000 (k) 72,000 44,000 Finished Goods Overhead Control Bal. 60,000 (b) 15,000 (k) 72,000 (l) 158,000 (c) 32,000 218,000 (d) 13,400 (e) 1,450 (f) 6,200 (g) 6,000 2,050 * *Underapplied overhead. 3. Golder Products, Inc. Schedule of Cost of Goods Manufactured For the Month Ended September 30 Direct materials ................................................ $ 30,000 Direct labor....................................................... 70,000 Overhead: Supplies ..................................................... $15,000 Indirect labor ............................................. 32,000 Depreciation, plant, and equipment ........... 13,400 Property taxes ........................................... 1,450 Utilities, factory ......................................... 6,200 Insurance ................................................... 6,000 $74,050 Less: Underapplied overhead .................... 2,050 Overhead applied....................................... 72,000 Manufacturing costs added .............................. $ 172,000 Add: Beginning work in process....................... 30,000 Less: Ending work in process .......................... (44,000) Cost of goods manufactured ..................... $ 158,000 4. Cost of goods sold increases by $2,050. 93 94 5–16 1. Overhead rate = $90,000/10,000 = $9 per machine hour Job 1 Job 2 Direct materials....................................... $3,700 $ 8,900 Direct labor ............................................. 1,000 2,000 Overhead ($9 200 MHr) ........................ 1,800 1,800 Total manufacturing cost................... $6,500 $12,700 Plus 30% markup .................................... 1,950 3,810 Bid price ............................................ $8,450 $16,510 2. Purchasing rate = $30,000/5,000 = $6 per purchase order Setup cost rate = $35,000/500 = $70 per setup Engineering rate = $15,000/500 = $30 per engineering hour Other cost rate = $10,000/10,000 = $1 per machine hour Job 1 Job 2 Direct materials....................................... $3,700 $ 8,900 Direct labor ............................................. 1,000 2,000 Overhead: Purchasing ($6 15)。 ($6 20) .......... 90 120 Setups ($70 2)。 ($70 3) ................. 140 210 Engineering ($30 25)。 ($30 10) ..... 750 300 Other ($1 200)。 ($1 200) ............... 200 200 Total manufacturing cost........................ $5,880 $11,730 Plus 30% markup .................................... 1,764 3,519 Bid price ............................................ $7,644 $15,249 3. The activitybased approach to assigning overhead gives a more accurate cost figure because so much of the overhead is nonunitlevel and there is product diversity. 95 5–17 1. $35,000/5,000 = $ per direct labor hour 2. $85,000/5,000 = $ per direct labor hour 3. Cost of job on May 20: Direct materials (100 $).............. $ Direct labor ( $6) ........................... Applied overhead ( $7) .................. $ Cost of job on June 20: Direct materials (100 $).............. $ Direct labor ( $6) ........................... Applied overhead ( $17) ................ $ 4. Photocopying overhead rate = $35,000/5,000 = $ per direct labor hour Computeraided printing overhead rate = $50,000/2,000 = $ per machine hour The use of two rates more accurately costs the jobs in this shop as it shows a better causeandeffect relationship between activity and overhead cost. 5–18 1. Bid prices with plantwide rate: Plantwide rate = $2,500,000/250,000 = $10 per direct labor hour Job 9728 Job 9735 Prime costs .......................