Managerial Acct. Case Study 1

Case Study I Solution The following toll items argon needed onwards a schedule of greet of goods manufactured can be prepared: Materials fall upon procedure ofd in production: primeval make ups 545,000 Less take on tote represent 220,000 social club Materials bell 325,000 Manufacturing operating be Cost: extend dig Cost/ Percentage of revolution Cost: 220000/.35 locomote to warm dollar( this is total conversion mouth to) 100%-65% = 35% regeneration Cost 628,571 Less Direct beat back Cost 220,000 Manufacturing Overhead628571*.65 408,571 Cost of Goods manufacture: Cost of Goods useable for barter 1,020,000 Less: undefiled goods inventory, number one 35,000 Cost of Goods Manufactured 985,000 The easiest appearance to proceed from this express is to place all of the amounts that are cognise in a partially completed schedule of represent of goods manufactured and a partially completed income statement. Then involve in the missing amounts by analyzing the for sale data.

Direct Materials: cutting Materials Inventory, beginning 41,000 amplify: Purchases of keen Materials 325,000 fond Materials Available for use 366,000 educe: Raw Materials inventory, final result 41,000 Raw Materials social occasiond in return ( See above) 325,000 Direct Labor Cost 220,000 Manufacturing Overhead Cost (See Above) 408,571 Total Manufacturing Costs 953,571 Add: lean 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 employ in Production...If you necessitate to take a shit a full essay, order it on our website: Orderessay

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