CH03 – A Production Department
Managerial Accounting
Wild and Shaw
07th Edition
Prepare the production department’s equivalent units of production.
Calculator Preview
Your numbers will vary.
Prepare the production department’s equivalent units of production.
Your numbers will vary.
Compute the number of equivalent units
Your numbers will vary.
Given data at year-end along with beginning and ending account balances… prepare an income statement, cost of goods sold schedule, and cost of goods manufactured schedule.
Your numbers will vary.
Given T-accounts… calculate the cost of raw materials, indirect materials, indirect labor costs, costs of goods manufactured, unadjusted cost of goods sold, predetermined rate, ending work in process, direct materials cost, and applied overhead cost.
Your numbers will vary.
They tell you a vinyl record company applies overhead. They give you data such as total estimated overhead and labor hours and ask for overhead, over or underapplied. Experts Have Solved This Problem Please login or register to access this content.
Your numbers will vary.
They ask you to compute the amount of raw materials used during November. They give you beginning and ending inventories for Raw Material, WIP, Finished Goods, and materials purchased. Experts Have Solved This Problem Please login or register to access this content.
Your numbers will vary.
Gives beginning and ending balances of Raw Materials, Finished Goods, and Work in Process. They also give additional info such as direct labor rate, overhead rate, etc. They ask for the direct material cost in the beginning Work in Process account.
Your numbers will vary.