Escolar Documentos
Profissional Documentos
Cultura Documentos
Fixed M O/H
Estimated DL Hours
Variable M O/H per hour
Total M O/H per hour
Exercise 3-2
Actual DL Hours
Predetermined M O/H rate
Applied M O/H
Exercise 3-3
Direct Materials
Direct Labor
Manufacturing Overhead
Total Mfg. Cost
2. If Job A-200 consists of 50 units, what is the average cost of each unit
General Journal
Debit Credit
Exercise 3-5
Direct Materials:
Beginning raw material
Purchases of raw material
Raw material available
Ending raw material
Raw material used in production
Less indirect material charged to overhead
Direct materials used
Direct labor
Manufacturing overhead applied to work in process
Current period manufacturing cost
Add: beginning work in process
Applied overhead
Actual overhead
Overapplied overhead
2.
Exercise 3-14
1. Using the high-low method, estimate fixed overhead cost per quarter and the
variable overhead rate per unit; create a cost formula to estimate total overhead.
Change in cost
Change in units
Varible cost per unit (b)
y = 180,000 + .60 x
Compute total manufacturing cost and per unit cost for quarter 4
Quarter 4 production 60,000
y = 180,000 + .60 (60,000)
b=
a=
Estimated quarter 4 cost
Direct materials
Direct labor
Manufacturing overhead
Total quarter 4 manufacturing cost
Quarter 4 unit product cost
2.
3.
1(b) and (c) Total manufacturing costs assigned to D-75 and C-100 and bid prices
Job D-75 Job C-100
Direct Materials
Direct Labor
Manufacturing Overhead
1(d)
2(b) and (c) Compute the total manufacturing costs assigned to Job D-75 and C-100
Job D-75 Job C-100
Direct Materials
Direct Labor
Molding department overhead
Fabrication department overhead
Total manufacturing costs
2(d)
3.
Exercise 3A-1
2,010 2,011
Estimated professional staff hours 2,400 2,250
Estimated overhead costs $ 144,000 $ 144,000
Professional staff hours available (capacity) 3,000 3,000
1. Overhead cost applied to Ms. Miyami's account based on 5 hours of professional staff time.
2.
3. If the company bases the predetermined overhead rate on the professional hours "available"
what cost would have been applied to Ms. Miyami's account?
4. If the company bases predetermined overhead rate on professional hours available and
actual hours worked were as estimated (2,400 & 2,250) what would over-or underapplied overhead be?