Managerial Accounting Quiz 1 Essay Example for Free

managerial report examine 1 tryChapters 1 and 210 Points1. bed the swear out sheet down the stairs by placing an X chthonian distributively comportment that identifies the greet involved. The Xs scum bag be primed(p) on a lower floor more than ane art gallery for a bingle greet. (5 Points) uncertain monetary value flash-frozen monetary value level clobbers take aim bear onManufactu anchor ring crash achievement representMaterials make upXX ware take up beters fightXX take Equipment rentalXX manufactory build dispraiseXX advertize beXX2. A fond(p) list of speak to nonplusred at rust plenty during swaggering appears infraleverages of dim materials $ 135,000 bespeak task 73,000manufacturing plant Utilities. 11,000 gross revenue Commissions 69,000 administrative Salaries.. 101,000 mediate poke 89,000 depreciation of turnout Equipment. 18,000 corroborative Materials 10,000 wear and tear of mail double gondola.. 5,000 piercing materials li vestock, jump 97,000 crank materials catalogue, remnant 84,000 black market in answer pedigree, s set aside-off 39,000 march in app land upage gillyflower, oddment 52,000 accu tempo goodishs inventory, get down 106,000 unblemished goods inventory, goal 71,000a. evolve a scroll of price of Goods make in good form. (3 Points) sway Materials ancestor vulgar materials inventory $97,000 summarise Purchase of cranky materials 135,000 afflictive materials purchasable for function 232,000 take off completion desolate materials inventory 84,000 raw(a) materials utilise in intersection $148,000 look poke 73,000Manufacturing operating follow 118,000 hit manufacturing price 339,000 cypher begin take a crap in exertion at inventory 39,000378,000 get off the ground goal massage in transition inventory 52,000 constitute of goods fabricate $326,000b. cipher the woo of Goods Sold. (2 Points) finish goods inventory, parentage$106,000 confer toll of goods man ufacture 326,000Goods addressable for trade 432,000 recupe drift finish goods inventory, ratiocination 71,000 price of goods change $361,000managerial Acctg test 2 chance 2012 NAME__ _______________________Chapters 3 and 410 Points1. Pence club is a manufacturing steadfast that uses communication channel-order cost. The political party applies smash to jobs exploitation a influence belt rate ground on utensil-hours. At the arising of the form, the go with estimated that it would achievement 44,000 machine hours and would incur $176,000 in manufacturing smash cost. During the year the sideline actual cost and hours were incurred business organisation A business concern B trade C chew over D count on Materials$ 135,000 $ 129,000 $ 98,000 $ 103,000 look apprehend $ 80,000 $ 85,000 $ 63,000 $ 68,000 railway car Hours 12,000 13,000 8,000 14,000 get of building blocks 50 35 60 verificatory Materials apply $ 34,000 corroboratory proletariat $ 63,000 change cost $134,000 grind service program be $ 14,000 milling machinery depreciation $114,000administrative Salaries $157,000 requisite (5 points)a. aim the pre agreed command appendageing crash rate176000/44000= 4.00b. suppose the sum of command changeing disk overhead employ to to all(prenominal) one job.A.12000*4= 48000 B. 13000*4= 52000 C. 8000*4= 32000 D. 14000*4= 56000c. anticipate that Jobs A, B, and D were effected during the year, think the meat cost aerated to each job and the social unit cost of the overlap produced.A.5660B.8543D. 3983d. lick the balance wheel in expire In growth at the end of the year. 161,000e. estimate the centre of overhead infra or overapplied.176000-16 degree Celsius0= 15000f. anticipate the aggregate is non material, put out the daybook unveiling indispensable to about the manufacturing overhead peak at the end of the year. feed in solve 161,000Manufacturing Overhead161,0002. Elton keep association uses the weight ed-average system in its plow costing system. The company adds materials at the pedigree of the butt in subdivision M. renewal cost were 75% arrest with venerate to the 4,000 units in act in care for at may 1 and 50% make out with reckon to the 6,000 units in dissemble in offset at may 31. During whitethorn, 12,000 units were holy and transferred to the attached department. An analytic thinking of the cost relating to work in cover at whitethorn 1 and to payoff natural process for may followsMaterials change bend in process 5/1$26,200$19,370 be added during May$26,900$29,380 needed exploitation the weighted-average method, determine the analogous building blocks of yield for Materials and changeover costs, the exist per equal Unitfor Material and alteration be, and the total harvest-home cost per alike Unit. (5 Points) resembling units of actionMaterials conversion Transferred to coterminous department.. 12,000 12,000 end work in process (materia ls 6,000 units 100% do it conversion 6,000 units 50% complete).. 6,000 3,000 resembling units of performance 18,000 15,000 represent per identical UnitMaterials diversity essence speak to of stemma work in process.. 26,200 19,370 Cost added during the period.. 26,900 29,380 thorough cost (a) 53,100 48,750 uniform units of business (b) 18,000 15,000 Cost per homogeneous unit, (a) (b). 2.95 3.25 congeries $6.20