Sistem Biaya dan Akumulasi Biaya Pertemuan 03-04 Matakuliah : A0486 - Akuntansi Biaya Tahun : 2009 Sistem Biaya dan Akumulasi Biaya Pertemuan 03-04

Latihan soal teori Q4-1 Name the five parts of the cost of goods sold section of the income statement Bina Nusantara

Latihan soal teori Q4-2 Discuss the complementary relationship between the balance sheet and the income statement Bina Nusantara

Latihan soal teori Q4-7 Distinguish among the process, job order, and backflush cost accumulation methods. Bina Nusantara

Latihan soal hitungan E4-4 Manufacturing Costs: Cost of Goods Manufactured Inventories. Cost data on the activities of Columbia Manufacturing for may are as follows: April 30 May 31 (a) Account Balances: Finished Goods $45.602 $.........? Work In Process 60.420 52.800 Direct Material 10.250 12.700 Indirect Material 5.600 5.180 Bina Nusantara

Latihan soal hitungan April 30 May 31 (b) Transactions in May: Supplies purchased $ 16.500 Cost of goods sold 280.000 Raw materials purchased 105.000 Indirect labor 22.000 Factory heat, light, and power 11.220 Factory rent 18.500 Factory insurance 2.000 Sales commisions 48.000 Administrative expenses 25.000 Production supervisor’s salary 5.000 Bina Nusantara

Latihan soal hitungan (c) 4.250 direct labor hours were worked in may. Laborers work a 40-hour week and are paid $22 per hour for the regular shift and time-and-a-half for each hour of overtime. Of the 4.250 hours, 250 hours were worked in overtime in May. The company trats the overtime premium as a part of overhead. Required: Calculate the factory overhead incurred in May Determine the cost of goods manufactured in May Determine the ending balance in finished goods at May 31 (used by permission of “CMA Canada”) Bina Nusantara

Latihan soal hitungan E4-5 Journal Entries for the Cost Accounting Cycle. Menezes Company had the following transactions in March: Materials were purchased on account, $40.000 Materials were requisitioned: $33.000 for production and $2.000 for indirect factory use Total payroll of $4.000 was recorded The payroll was paid Of the total payroll, $32.000 was direct labor and $8.000 was indirect factory labor Various factory overhead costs totaling $4.000 were paid in cash Various factory overhead costs totaling $18.000 were incurred on account Bina Nusantara

Latihan soal hitungan Other factory overhead consisted of $2.100 depreciation, $780 expired insurance, and $1.250 accured property taxes Total factory overhead was charged to the work in process account Cost of completed production transffered to storage, $92.000 Sales on account were $80.000, half of which was collected. The cost of goods sold was 75% of the sales price Required: Prepare journal entries for these transactions. Bina Nusantara

Latihan soal hitungan E4-8 Cost of Goods Sold Statement. Cinnabar Company has provided the following data concerning its operations for the year ended December 31, 20A: Raw materials on hand, December 31 $ 24.000 Work in process, December 31 30.000 Finished goods, December 31 70.000 Factory supplies on hand, December 31 14000 Sales 1.100.000 Factory maintenance 38.400 Bina Nusantara

Latihan soal hitungan Administrative salaries $ 108.000 $ 108.000 Discounts on raw materials purchases 4.200 Delivery expenses 16.000 Interest income 1.000 Factory supplies used 22.400 Common stock ($10 per value) 2.000.000 Retained earnings 525.000 Trade accounts payable 273.500 Accumulated depreciation—factory building and equipment 47.500 Building and equipment 500.000 Bina Nusantara

Latihan soal hitungan Trade accounts receivable $ 450.000 Cash 170.000 $ 450.000 Cash 170.000 Finished goods, January 1, 20A 37.500 Direct labor 180.000 Bad debt expense 2.500 Factory power and heat 19.400 Advertising 8.400 Insurance expired—factory building and equipment 4.800 Work in process, Januari 1, 20A 84.000 Depreciation—factory building and equipment 17.500 Bina Nusantara

Latihan soal hitungan Factory superintendence $ 100.000 $ 100.000 Interest expense 1.500 Raw materials purchased 400.000 Indirect factory labor 20.000 Sales returns 2.200 Sales discounts 1.300 Required: Prepare the cost of goods sold statement CGA-Canada (adapted), Reprint with permission Bina Nusantara