Hill Company

(in US$)

Work in process inventory, 1 January 70000

Cost of direct material used in production 16800
Direct labor 43400
Factory overhead (FOH) 28000
Total manufacturing cost in costs incurred during January 88200
Total manufacturing cost 158200
Less work in process inventory, January 31 74200
Cost of goods manufactured 84000

Finished goods inventory, January 1 29400

Cost of goods manufactured 84000
Cost of finished goods available for sale 113400
Less finished goods inventory, January 31 33600
Cost of goods sold 79800
 Ebony Company
(in US$)

Work in process inventory, 1 July 32800

Cost of direct material used in production 67200
Direct labor 88000
Factory overhead (FOH) 44800
Total manufacturing cost in costs incurred during July 200000
Total manufacturing cost 232800
Less work in process inventory, 31 July 29600
Cost of goods manufactured 203200

Finished goods inventory, 1 July 37600

Cost of goods manufactured 203200
Cost of finished goods available for sale 240800
Less finished goods inventory, 31 July 27200
Cost of goods sold 213600
P19-1A Gross Company
(in US$)

8 February Materials 576000

Account payable 576000
19 February Work in process 520000
Materials 520000

P19-2A Gross Company

(in US$)

Work in progress 837000

Wages payable 837000

P19-3A Gross Company

(in US$)

Factory overhead 186000

Materials 34000
Wages payable 81000
Utilities payable 10000
Accumulated depreciation 61000

P19-4A Gross Company

(in US$)

a. $5.5 = $2,200,000/400,000 direct labor hours

b. Job 60 = $82,500 = 15,000 hours x $5.5
Job 61 = $99,000 = 18,000 hours x $5.5
Total = $181,500
c. Work in process $118,500
Factory overhead $118,500
P19-5A Gross Company
(in US$)

Job 60 Job 61
Direct material 224000 296000
Direct labor 360000 477000
Factory overhead 82500 99000
Total Cost 666500 872000

b. Job 60 = $666500/25000 unit = $26,66

Job 61 = $872000/32000 unit = $27,25
P20-3A Savannah Lotion Company
(in US$) Percent units for
Total whole materials direct
units added in material
period
Inventory in process, beginning in period 3000 0% 0
Started and completed during the period 37400 100% 37400
Transferred out of Filling (completed) 40400 37400
Inventory in process, end of period 600 100% 600
Total units to be assigned cost 41000 38000

P20-4A
Savannah Lotion Company
conversion Equivalent
Total whole completed in units for
units period conversion
Inventory in process, beginning of period 3000 40.00% 1200
Started and completed during the period 37400 100% 37400
Transferred out of Filling (complete) 40400 38600
Inventory in process, end of period 600 25% 150
Total units to be assigned costs 41000 38750

P20-5A
Direct material cost per equivalent unit = $13,300/38,000 ounce = $0.35
Convertion cost per equivalent unit = $3,100/38,750 = $0.08 per ounce

P20-6A Savannah Lotion Company

(in US$)

Direct Conversion Total cost

materials cost
Inventory in process, beginning of period 1200
Inventory in process, beginning of period 0 96 96
Started and completed during the period 13090 3088 16178
Transferred out of Filling (completed) 17474
Inventory in process, end of period 210 12 222
Total cost assigned by the filling dept. 17696

Completed and transferred out of production = $17,474

Inventory in process, ending = $222
P20-7A Savannah Lotion Company
(in US$)

Work in process (filling) $13,300

Work in process (blending) $5,000
Materials $8300
Work in process (filling) $3,100
Factory overhead $1,100
Direct labor $2,000
Finished goods $17,378
Work in process (filling) $17,378

222 $1,200+$13,300+$3,100-$17,378
EX18-9 Chaterjee Manufactu
Work in process inventory, 1 Jan 303800 Income stat
Cost of direct material used 67200 For the month ende
Direct labor 128800
Fabric Overhead 151200 Revenue
Total manufacturing cost incurred 347200 Cost of goods sold
Cost of goods manufacture 651000 Gross profit
Operational expense
Finished goods inventory, 1 Jan 0 Selling expense
Cost of goods manufacture 651000 Administrative expense
Cost of finished goods available to sale 651000 Amount of expense
Finished goods inventory, 31 Jan 371000 Net profit
Cost of goods sold 280000

EX18-14
Finished goods inventory, 1 November 52800 39600 36800
Cost of goods manufactured 282000 183600 323200
Cost of finished goods available to sale 334800 223200 360000
Finished goods inventory, 31 November 62400 52800 17600
Cost of goods sold 272400 170400 342400

EX18-15
Material, 1 May 210000 Work in Process, 1 May
Material purchased during May 403200 Total manufacturing cost incurred
Material , 31 May 184800 Work in Process, 31 May
Total materials used 428400 Cost of goods manufactured
Direct Labor 378000
Indirect labor 40320 Finished goods, 1 May
Machinery depreciation 24000 Cost of goods manufactured
Heat, Light and Power 8400 Finished goods, 31 May
Supplies 6720 Cost of goods sold
Property taxes 5880
Miscellaneous cost 10920
Total fabric overhead (FOH) 96240
Total manufacturing cost incurred 902640
 Chaterjee Manufacturing Company
Income statement
For the month ended 31 January

450000
oods sold 280000
fit 170000
nal expense
pense 65400
rative expense 54600
of expense 120000
t 50000

rocess, 1 May 142800

nufacturing cost incurred 902640
rocess, 31 May 159600
oods manufactured 885840

goods, 1 May 109200

oods manufactured 885840
goods, 31 May 126000
oods sold 869040
EX19-18
Work in process $ 711,000.00
Wages payable $ 711,000.00
Work in process $ 1,420,000.00
Account payable $ 1,420,000.00
Work in process $ 994,000.00
Factory overhead $ 994,000.00
(0,7 x $1,420,000.00

Starks Bank Finley Airlanes

June 1 Balance $ 180,000.00 $ 54,000.00
June costs:
Direct labor $ 126,000.00 $ 56,250.00
Media purchased $ 472,500.00 $ 416,500.00
Factory overhead $ 330,750.00 $ 291,550.00
Total costs $ 1,109,250.00 $ 818,300.00
Cost of completed jobs $ 1,927,550.00
The journal entry:
Cost of service $ 1,927,550.00
Work in process $ 1,927,550.00
EX20-18
Work in process - Casting Dept. $ 399,600.00
Materials $ 350,000.00
Wages payable $ 19,840.00
Factory overhead $ 29,760.00 150% x 19,840

Total whole Percent materials

units added in period
Inventory in process, 1 May (60% completed) 230 40%
Started and completed during the period 2300 100%
Transferred out of bottling (completed) 2530
Inventory in process, 31 May 200 44%
Totals units to be assigned cost 2730

Direct material cost per equivalent unit $ 140.00

Conversion cost per equivalent unit $ 20.00

Work in process - machining dept. $ 402,684.00

Work in process - casting dept. $ 402,684.00

Ending:
Direct material 200 x 140 $ 28,000.00
Conversion cost 88 x 20 $ 1,760.00
 Eq. Units for Eq. Units for
direct materials conversion
92
2300 2300 Direct material dan conversion 100%
2300 2392
200 88 Direct material 100%, conversion 44% (sumbernya dari bahan baku yg sekarang)
2500 2480
umbernya dari bahan baku yg sekarang)