会计学企业决策的基础答案Word文档下载推荐.docx
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（5）
Totalmanufacturingcosts:
Directmaterialsused[parta
（2）]
Directlaborcost
192,000
Manufacturingoverhead
393,600
Totalmanufacturingcosts
$991,600
（6）
Costoffinishedgoodsmanufactured:
Workinprocessinventory,beginningofyear
$5,000
Totalmanufacturingcosts[parta（5）]
991,600
Costofallgoodsinprocessduringtheyear
$996,600
Workinprocessinventory,endofyear
9,000
Costoffinishedgoodsmanufactured
$987,600
（7）
Costofgoodssold:
Beginninginventoryoffinishedgoods
$38,000
Costoffinishedgoodsmanufactured[parta（6）]
987,600
Costofgoodsavailableforsale
$1,025,600
Endinginventoryoffinishedgoods
25,000
Costofgoodssold
$1,000,600
（8）
Totalinventory:
Materialsinventory
$26,000
Workinprocessinventory
Finishedgoodsinventory
Totalinventory
$60,000
b.
HILLSDALEMANUFACTURINGCORP.
ScheduleoftheCostofFinishedGoodsManufactured
FortheYearEndedDecember31,20__
Workinprocessinventory,beginningofyear
Add:
Manufacturingcostsassignedtoproduction:
Directlabor
Costofallgoodsinprocessduringtheyear
Less:
Workinprocess,endofyear
Costoffinishedgoodsmanufactured
Chapter16P761
Purchasesofdirectmaterials
$360,000
b.
Costofdirectmaterialsused:
$18,000
360,000
Costofmaterialsavailableforuse
$378,000
14,000
$364,000
c.
Directlaborpayrollspaidduringtheyear
$225,000
d.
Directlaborcostsassignedtoproduction
$230,000
e.
Overheadcostsduringtheyear
$400,000
Unitsintheactivitybase（directlaborcosts）
230,000
Overheadstatedasapercentageofdirectlaborcosts
（$400,000÷
$230,000）
174%
f.
Directmaterialsused（partb）
Manufacturingoverheadappliedtoproduction
400,000
Totalmanufacturingcostschargedtoworkinprocess
$994,000
g.
Costsoffinishedgoodsmanufactured:
$20,000
Totalmanufacturingcosts（partf）
994,000
$1,014,000
Costofworkinprocessinventory,endofyear
$989,000
h.
$98,000
Costoffinishedgoodsmanufactured（partg）
989,000
$1,087,000
110,000
$977,000
i.
Totalinventoryatyear-end:
$14,000
$149,000
Chapter17P802
DepartmentOneoverheadapplicationratebasedonmachine-hours:
ManufacturingOverhead
=
$420,000
$35permachine-hour
Machine-Hours
12,000
DepartmentTwooverheadapplicationratebasedondirectlaborhours:
$337,500
$perdirectlaborhour
DirectLaborHours
15,000
Jobno.58:
Dept.One
Dept.Two
Total
Directmaterials
$10,100
$7,600
$17,700
Directlabor
16,500
11,100
27,600
Manufacturingoverhead:
750machine-hours×
$35perhour
26,250
740directlaborhours×
$perhour
16,650
Totalcostofjobno.58
$88,200
GeneralJournal
CostofGoodsSold
88,200
FinishedGoodsInventory
Torecordcostofgoodssold（jobno.58）
toCityFurniture.
AccountsReceivable（CityFurniture）
147,000
Sales
TorecordrevenuefromsaletoCityFurniture.
ActualmanufacturingoverheadforJanuary
$39,010
$26,540
Manufacturingoverheadappliedtojobs:
1,100machine-hours×
38,500
1,200directlaborhours×
27,000
Underappliedmanufacturingoverhead—Dept.One
$510
Overappliedmanufacturingoverhead—Dept.Two
$460
Chapter17P805
Budgetedmanufacturingoverhead
$24,600
Budgeteddirectlaborhours（DLH）
÷
2,500
Manufacturingoverheadapplicationrate
$
perDLH
ManufacturingoverheadallocatedusingDLH
BasicChunks
CustomCuts
50,000bags×
DLHperbag×
$perDLH
$4,920
20,000cases×
DLHpercase×
$19,680
Percentofcostdriverassignedtoeachproductline
Kilowatthours:
BasicChunks（90,000KWH÷
100,000KWH）
90%
CustomCuts（10,000KWH÷
10%
Machinehours:
BasicChunks（160MH÷
200NH）
80%
CustomCuts（40MH÷
200MH）
20%
Squarefeetoccupied:
BasicChunks（60,000Sq.Ft.÷
80,000Sq.Ft.）
75%
CustomCuts（20,000Sq.Ft.÷
25%
Directlaborhours:
BasicChunks（500DLH÷
2,500DLH）
CustomCuts（2,000DLH÷
ManufacturingoverheadallocatedusingABC
Utilitiescostpool（usingKWHasacostdriver）:
BasicChunks（90%×
$8,000）
$7,200
CustomCuts（10%×
$800
Maintenancecostpool（usingMHasacostdriver）:
BasicChunks（80%×
$1,000）
CustomCuts（20%×
$200
Depreciationcostpool（usingSq.Ft.asacostdriver）:
BasicChunks（75%×
$15,000）
$11,250
CustomCuts（25%×
$3,750
Miscellaneouscostpool（usingDLHasacostdriver）:
BasicChunks（20%×
$600）
$120
CustomCuts（80%×
$480
TotaloverheadallocatedtoeachproductlineusingABC
$19,370
$5,230
c.
Totalmanufacturingcostsallocatedtoeachproductline
DirectLabor:
BasicChunks（50,000bags×
$12perDLH×
DLH）
$6,000
CustomCuts（20,000cases×
$24,000
DirectMaterials:
$2perbag）
$100,000
$4percase）
$80,000
ManufacturingOverhead（allocateusingABC）:
BasicChunks（frompartb）
CustomCuts（frompartb）
TotalcostallocatedusingABC
$125,370
$109,230
d.
TheCustomCutsproductlineisverylaborintensiveincomparisontotheBasicChunksproductline.Thus,thecompany’scurrentpracticeofusingdirectlaborhourstoallocateoverheadresultsintheassignmentofadisproportionateamountoftotaloverheadtotheCustomCutsproductline.Ifpricingdecisionsaresetasafixedpercentageabovethemanufacturingcostsassignedtoeachproduct,theCustomCutsproductlineisoverpricedinthemarketplacewhereastheBasicChunksproductlineiscurrentlypricedatanartificiallylowpriceinthemarketplace.ThisprobablyexplainswhysalesofBasicChunksremainstrongwhilesalesofCustomCutsareonthedecline.
e.
Thebenefitsthecompanywouldachievebyimplementinganactivity-basedcostingsysteminclude:
（1）abetteridentificationofitsoperatinginefficiencies,
（2）abetterunderstandingofitsoverheadcoststructure,（3）abetterunderstandingoftheresourcerequirementsofeachproductline,（4）thepotentialtoincrease
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