Latihan untuk Final Test-PJJ-ACCT6130-Cost Accounting

Biaya Produksi

Process costing average

Std costing

1. The Nautical Corporation manufactures custom-made wood wall units. The following data pertains
to Job X4A:

Direct materials placed into production $9,000

Direct labor hours worked 300 hours
Direct labor rate per hour $15
Machine hours worked 100 hours

Factory overhead rate is $22.50 per machine hour. Job X4A consists of 500 units.
One-half of Job X4A was sold for $10,000. What is the total amount of costs assigned to Job X4A?

Jawaban:

B $15.750
SUPPORTING CALCULATIONS: $9,000 + $15(300) + $22.50(100) = $15,750

2. Masih menggunakan angka di nomer satu, pertanyaannya adalah What is the cost per unit for Job
X4A?

Jawaban:
$9,000 + $15(300) + $22.50(100) = $15,750/500 = $31.50
3. Orange Corporation manufactures custom-made wallets. The following data pertains to Job GH7:

Direct materials placed into production $5,000

Direct labor hours worked 75 hours
Direct labor rate per hour $35
Machine hours worked 200 hours

Factory overhead is applied using a plant-wide rate based on direct labor hours. Factory overhead
was budgeted at $100,000 for the year, and the direct labor hours were estimated to be 25,000. Job
GH7 consists of 60 units. What is overhead cost assigned to Job GH7?

Jawaban:

SUPPORTING CALCULATIONS: Predetermined overhead rate = Budgeted factory overhead for the
year / Estimated direct labor hours = $100,000 / 25,000 direct labor hours = $4
Overhead cost assigned to Job GH7 = Predetermined overhead rate × Units produced for Job GH7 =
$4 × 60 units = $240
4. Mannassass Company manufactures chairs. The following information was given for the company:

units, beginning work in process 0

units started 20,00
0
units completed ?
units, ending work in process 5,000
cost of direct materials $440,0
00
cost of conversion $
64,000

Materials in the ending inventory were 100 percent complete and conversion in the ending
inventory was 20 percent complete.

What are the units started and completed?

Jawaban:

completed
15,000
− BI 0
started and completed 15,000

5. Data masih menggunakan no 4 diatas

Materials in the ending inventory were 100 percent complete and conversion in the ending
inventory was 20 percent complete.

What are the equivalent units for materials and conversion respectively?

Jawaban:

20,000; 16,000 Terdiri dari (15.000+5000)+(15.000+1000)

6. (refer no 4) Materials in the ending inventory were 100 percent complete and conversion in the
ending inventory was 20 percent complete.

What are the costs per unit for materials and conversion respectively?

Jawaban:

materials $440,000/20,000=$22
conversion $64,000/16,000 = $ 4

7. Materials in the ending inventory were 100 percent complete and conversion in the ending
inventory was 20 percent complete.

What cost is assigned to ending work in process?

Jawaban:
 $114.000
materials $440,000/20,000 = $22
conversion $64,000/16,000 = $ 4
EWIP (m) 5,000 × $22 = $110,000
(c) 1,000 × $4 = $ 4,000
total cost $114,000

8. Diaz Company has developed the following standards for one of its products:

Direct materials 3.50 pounds × $4 per pound

Direct labor 1 hour × $12 per hour

Variable manufacturing overhead 1 hour × $6 per hour

The following activity occurred during the month of April:

Materials purchased 2,000 pounds costing

$22,500
Materials used 1,600 pounds
Units produced 250 units
Direct labor 550 hours at $12.50
per hour
Actual variable manufacturing overhead: $2,500

The company records materials price variances at the time of purchase.

The total variable standard cost is:
Jawaban:

SUPPORTING CALCULATIONS:

Direct materials (3.50 pounds × $4) $14.00

Direct labor (1 hour × $12) 12.00
Variable overhead (1 hour × $6) 6
Variable standard cost per unit 32

9. Firecracker Company has developed the following standards for one of its products.

Direct materials: 15 pounds × $16 per pound

Direct labor: 4 hours × $24 per hour

Variable manufacturing overhead: 4 hours × $14 per hour

The following activity occurred during the month of October:

 Materials purchased: 10,000 pounds costing
$170,000
Materials used: 7,200 pounds
Units produced: 500 units
Direct labor: 2,300 hours at
$23.60/hour
Actual variable manufacturing overhead: $30,000

The company records materials price variances at the time of purchase.

The direct materials price variance is

Jawaban

$10,000 unfavorable
SUPPORTING CALCULATIONS: $170,000 − (10,000 × $16) = $10,000 unfavorable

10. Vin Corporation has the following data related to 100 units of final product:
Materials:

Standard: 300 pounds at $3.00 per pound

Actual: 280 pounds at $2.75 per pound

What is the material usage variance for Vin Corporation?