ACC410 Solution Chapter 5

147 views3 pages
19 Apr 2012
Department
Course
Chapter 5
Job Costing
MULTIPLE-CHOICE QUESTIONS
5.12
Ans: C
5.13
Ans: C
5.14
Ans: C
5.15
Ans: B
5.16
Ans: B
EXERCISES
5.17
A. Cost of Goods Manufactured = $277,000
B. Prime Costs = 183,400
Conversion Costs = Manufacturing Overhead = 192,200
C. Cost of Goods Sold = $290,300
D. Net Income = $58,500
5.19
A. Budgeted costs$83,000
B. Fee = $91,300
5.20
B. Budgeted overhead = $66 per hour
C. Total Costs for Schuller: $4,814
5.21
A. Total Actual Costs Incurred $535,000
B. Overhead was underapplied by $55,000.
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