Exercise 2.04 – Fickel Company
Managerial Accounting
Garrison, Noreen, and Brewer
17th Edition
What is the total manufacturing cost? What is the unit product cost if Job N-60 consists of 10 units?
Calculator Preview
Your numbers will vary.
What is the total manufacturing cost? What is the unit product cost if Job N-60 consists of 10 units?
Your numbers will vary.
Compute predetermined overhead rate and total job cost for the company engagement.
Your numbers will vary.
Under the company’s traditional costing system and activity-based absorption costing system, determine the unit product costs.
Your numbers will vary.
Prepare a schedule for cost of goods sold and manufactured for the month.
Your numbers will vary.
Determine the amount of underapplied or overapplied manufacturing overhead. Will it increase or decrease the company’s gross margin If the overhead is closed to the cost of goods sold.
Your numbers will vary.
Prepare a schedule of cost of goods manufactured, cost of goods sold, and an income statement.
Your numbers will vary.
Compute the yearly amount of underapplied or overapplied overhead cost, and prepare a schedule of cost of goods manufactured for the year.
Your numbers will vary.
Compute October’s equivalent units of production.
Your numbers will vary.
Compute the cost per equivalent unit for materials, labor, overhead, and in total.
Your numbers will vary.
What would be the revised net operating income per month if sales increase or decrease.
Your numbers will vary.