Krispy Kreme Donughts Krispy Kreme Donughts Balance Sheet Jan 1 2010 Assets Cash $ 70,000 Building 170,000

Machinary & Equip. 50,000 Total Assets 290,000

Liabilities & Stockholders Equity Liabilities $0 Capital Stock 290,000 Total Liab. & SE 290,000

1) la compania incurre en la compra de materiales a cr. A un costo de $5,000. Materiales 5,000 Accounts Payable 5,000 * El costo de materiales se carga al control de inventario perpetuo. 2) Durante el mes los materiales directos costaron 3,000, los indirectos 1,000 y fueron emitidos a la factura. WIP (Direct Material) 3,000 FO (Indirect Material) 1,000 Material 4,000 3)Gross Wages & Salaries Earned for the month. Empleados de produccion 1,160; Supervision, mantenimiento y empleados custodios 2,320 y Sales & Adms. Employees 4,000. Payroll 7,480 Wages Payable 7,480 Wages Payable 7,480 Cash 7,480 4) Distribuir el payroll WIP (Direct Labor) Factory OH (Indirect Labor) Sellins & Adms. Expenses (Salaries) Payroll

1,160 2,320 4,000 7,480

5) Depreciacion del building 5% , Sales & Adms. Office occupy 10%, Factory Operation 90%. Factory OH (Depre. Building) 637.50 ** Sales & Adms. Exp. (Depre. Building) 70.83 *** Acumulated Depre. - Building 708.33* * 170,000 x 0.05 1/12 = $ 708.33 ** 708.33 x 0.90 = $637.50 *** 708.33 x .10 = $70.83 6) 20% de depreciacion de maquinaria y equipo.

Factory OH Depre. Mach. & Equip. Accumulated Depre. (Mach. & Equip.) 50,000 x .20 1/12 = $833.33

$ 833.33 $ 833.33

7) El costo de calefaccion, luces y electricidad es de $1,500 Factory OH (Utilities) 1,350 Selling & Adms. Exp. (utilities) *150 Account Payable (Utilities) * El 10% es utilizado para efectos de oficina

1,500

8) Miscellaneous selling & Adms. Exp. (Tel., supplies, travel, rental or office furniture) are $3,000 Selling & Adms. Expense 3,000 Account Payable 3,000

10 -5,302.67

2 DM 4 DL 9 FOH 5,307.50

Accum

12

2 IM 4 IL 5 DB

6 DM&E 7 Utilities

Resumen de entradas 2) Indirect Materials 4) Indirect Labor 5) Depre. Building 6) Depre. Mach. & Equip. 7) Utilities Total 1,000 2,320 637.5 833.33 1,350 6,140.83

9) Traslado al WIP WIP 6,140.83 FOH Los tres elementos de manufactura se acumulan al WIP. Resumen de entradas 2) Direct Material 4) Direct Labor 9) Factory OH Total 3,000 1,160 833.33 4,993.33

6,140.83

10) La produccio fue terminada en el mes. Finished Goods WIP

4,993.33 4,993.33

Se obtuvo que 3,000 donas glaceadas fueron producidas. Total 3,000 1,160 6,140.83 10,300.83
Units prod.

Direct material Direct labor Factory OH

800 800 800

Unit cost 3.75 1.45 7.67 1,287

Mark on Percentage Manufacturing Cost Mark on percentage (34%) Selling Price 11) Invoices of $7,000 Account Payable Cash

12.87 4.38 8.49

7,000 7,000

12) Un total de 800 unidades fueron vendidas al precio de venta. Account Recivable (800 x $8.49) 6,792

Sales Cost of Goods Sold (800 x $12.87) Finished Goods

6,792 10,296 10,296

13) Cash Total (10,000) se reconoce en Account Receivable. Cash 10,000 Account Recivable 10,000

Cuentas T Cash 70,000 3 10,000 11 80,000 Accounts Rec. 6,792 13

Bal. 13 65,520

7,480 12 7,000 14,480

10,000 -3,208

10 -5,302.67

Finished Goods 4,993.33

12

10,296 1 1,000

Materias 5,000 2

4,000

2 DM 4 DL 9 FOH 5,307.50

WIP 3,000 1,160 6,140.83

10

4,993.33 Bal.

Building 170,000

Accu. Depre. Building 5 Accum. Depre. Mach. & Equip. 6

708.33 Bal.

Machinery & Equip. 50,000 Accounts Payable 7,000 1 7 8 5,250 Sales 12 Payroll 7,480 3 Selling & Adms Exp. 4,000 70.83 150

833.33 11

Wages Payable 7,480 3 Capital Stock Bal. Cost of Good Sold 10,296 Factory OH 1,000 9 2,320 638

5,000 1,500 3,000 9,500

7,480

290,000

6,792

12

7,480

2 IM 4 IL 5 DB

6,140.83 4 Salaries 5 DB 7 Utilities

6 DM&E 7 Utilities

833 1,350 6,140.83

8 Other

3,000 7220.83