wk 2 individual assignment

Topics: Management accounting, Decision making, Output Pages: 4 (408 words) Published: May 25, 2015
Carrie Bissonette
Acc/400
Week 2 Individual Assignment

E17.15
A) 34,700
B) 60,725
E18.10
A1)
Particulars
Sets
Inputs

Beginning WIP
8,000
Start new units in May
50,000

58,000
Outputs

Ending WIP
(10,000)
Completed and Transferred mat sets
48,000

A2)
Particulars
Cakes
Total Inputs units
58,000
Ending work in process
(10,000)
Beginning work in process
(8,000)
Units completed and transferred
40,000

B.) 58,000
C.) $6.00
D.)
Account Title & Explanation
Debit
Credit
Work in process – cutting department
287,200

Direct Material

200,000
Conversion Cost

87,200
To record the costs incurred in cutting department for producing 48,000 mat sets in the month of May

Account Title & Explanation
Debit
Credit
Work in process – coating department
288,000

Work in process – cutting department

288,000
To transfer the cost incurred by cutting department to coating department

E.) 288,000

E18.11
a.) 54,000
B1.)
Particulars
Total Units
Total Input Units
54,000
Ending work in process
(9,000)
Total Units Completed
45,000

B2.)
Particulars
Total Units
Total Input Units
54,000
Ending work in process
(9,000)
Beginning work in process
(6,000)
Total Units Completed
40,000

C.) 54,000
D.) $2.00
E.)
Account Title & Explanation
Debit
Credit
Work in process – coating dept
96,450

Direct Material

11,925
Conversion Cost

84,525
To record the costs incurred in coating department for producing 45,000 mat sets in the month of May Account Title & Explanation
Debit
Credit
Finished Goods
414,000

Work in Process – coating dept

414,000
To transfer the cost incurred by coating department to finished goods F.) $414,000
E19.2
A.) Research and development activities of a management accountant might include asking managers what types of information they need to make decisions and what format would be the easiest for them to use. It could also include determining how well the...
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