成本与管理会计亨格瑞第十三版英文版CA02.ppt

* * Analyzing the relevant information for making decisions. Managers must understand which revenues to consider and which to ignore in the decision-making process. Management accounting can assist managers in determining which costs are relevant. THREE COMMON FEATURES OF COST ACCOUNTING AND COST MANAGEMENT.CONTS. * * Question: Financial Statements for Manufacturing Companies Chairs Plus is a small furniture manufacturing company. Beginning and ending work in process inventories were $20,000 and $18,000. Direct materials used were $70,000. Direct labour was $100,000. Manufacturing overhead incurred was $150,000. What is the cost of goods manufactured? Beginning work in process $ Direct labour $ Direct materials $ Mfg. Overhead $_______ Ending work in process $_______ Cost of goods manufactured $ 2-* 18,000. 20,000 70,000 100,000. 150,000 322,000 * * Financial Statements for Manufacturing Companies Chairs Plus’s, beginning finished goods inventory was $60,000 and its ending finished goods inventory was $55,000. Beg. finished goods inventory $ Cost of goods manufactured $_______ Cost of goods available for sale $ Ending finished goods $_______ Cost of goods sold $ How much is the cost of goods sold? 322,000 60,000 55,000 382,000 327,000 * * Financial Statements for Manufacturing Companies Chairs Plus, had sales of $627,000 for the period. How much is the gross profit? Sales $ Cost of goods sold $_______ Gross profit $ 327,000 627,000 300,000 * * Financial Statements for Manufacturing Companies Chairs Plus, had operating expenses as follows: Sales salaries and commissions $ 80,000 Delivery expense 10,000 Administrative expenses 60,000 Total $ 150,000 What is Chairs Plus’s net profit?