Cost Acouning 成本会计 作业课Chapt 5.docVIP

Cost Accounting 3213 Randall Bastian Chapter 5 Homework Solutions 9. a. job order b. job order c. process d. job order e. process f. process g. job order h. job order i. process j. job order k. job order l. process 13. a. Raw Material Inventory 38,000 Accounts Payable 38,000 WIP  Job #217 22,400 WIP  Job #218 3,600 WIP  other jobs 26,800 Direct Material Inventory 52,800 WIP  Job #217 5,200 WIP  Job #218 7,000 WIP  other jobs 9,800 Cash (or Wages Payable) 22,000 Manufacturing Overhead 110,000 Various accounts 110,000 WIP  Job #217 26,000 WIP  Job #218 35,000 WIP  other jobs 49,000 Manufacturing Overhead 110,000 (Actual rate per DL$ = $110,000 ÷ $22,000 = $5) Finished Goods Inventory 59,200 WIP Inventory  Job #217 59,200 ($5,600 + $22,400 + $5,200 + $26,000 = $59,200) Cash 79,920 Sales 79,920 ($59,200 × 1.35 = $79,920) Cost of Goods Sold 59,200 Finished Goods Inventory 59,200 b. Ending balance in WIP = Beginning balance + Current costs – Cost of Job #217 completed = $8,400 + $52,800 + $22,000 + $110,000 - $59,200 = $134,000 Ending balance in Job #218 = $2,800 + $3,600 + $7,000 + $35,000 = $48,400 34. a. Raw Material Inventory 271,000 Cash 271,000 Manufacturing Overhead 27,000 Work in Process Inventory 301,400 Wages/Salaries Payable (or Cash) 328,400 Manufacturing Overhead 38,000 Work in Process Inventory 233,200 Raw Material Inventory 271,200 Manufacturing Overhead 57,200 Various accounts 57,200 To record OH costs other than indirect labor and indirect materials ($122,200  $27,000 - $38,000) Work in Process Inventory 120,560 Manufacturing Overhead 120,560 To apply OH at a rate of $.40 per DL$ (Job #247, $3,480; #251, $1,760; #253, $4,200; #254, $27,320; #255, $29,000; #256, $18,92