Category Archives: AC 420

Kaplan AC 420 Unit 2 Assignment recent

Kaplan AC 420 Unit 2 Assignment recent

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AC 420 Unit 2 Assignment recent

2-30

Tamra Corp. makes one product line. In February 2013, Tamra paid $530,000 in factory overhead costs. Of that amount, $124,000 was for January’s factory utilities and $48,000 was for property taxes on the factory for the year 2013.

February’s factory utility bill arrived on March 12, 2013, and was only $81,000 because the weather was significantly milder than in January. Tamra Corp. produced

50,000 units of product in both January and February 2013,

2-37

Joe Reynolds painted four houses during Apri2013. For these jobs, he spent $2,400 on paint, $160 on mineral spirits, and $300 on brushes. He also bought two pairs of coveralls for $100 each; he wears coveralls only while he works. During the first week of April, Reynolds placed a $200 ad for his business in the classifieds. He hired an assistant for one of the painting jobs; the assistant was paid $25 per hour and worked 50 hours. Being a very methodical person, Reynolds kept detailed records of his mileage to and from each painting job. The average operating cost per mile for his van is $0.70. He found a $30 receipt in his van for a metropolitan map that he purchased in April. He uses the map as part of a contact file for referral work and for bids that he has made on potential jobs. He also had $30 in receipts for bridge tolls ($2 per trip) for a painting job he completed across the river. Near the end of April, Reynolds decided to go camping, and he turned down a job on which he had bid $6,000. He called the homeowner long distance (at a cost of $2.20) to explain his reasons for declining the job. Using the following headings, indicate how to classify each of the April costs incurred by Reynolds. Assume that the cost object is a house-paint job.

2-41

Mason Company’s cost structure contains a number of different cost behavior patterns. Following are descriptions of several different costs; match these to the appropriate graphs. On each graph, the vertical axis represents cost, and the horizontal axis represents level of activity or volume. Identify, by letter, the graph that illustrates each of the following cost behavior patterns. Each graph can be used more than once. A B C E F G H I J K L D.

At year-end 2013, Dub’s Wind Generator Co. had a $40,000 debit balance in its Manufacturing Overhead Control account. Overhead is applied to products based on direct labor cost. Relevant account balance information at year-end follows:

Pete’s Plant Stands manufactures wooden stands used by plant nurseries. In May 2013, the company manufactured 18,000 and sold 16,560 stands. The cost per unit for the 18,000 stands produced was as follows:

Kaplan AC 420 Unit 3 Assignment Exercises recent

Kaplan AC 420 Unit 3 Assignment Exercises recent

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AC 420 Unit 3 Assignment Exercises recent

Chapter 4, Exercise 20

Chapter 4, Problem 41

Chapter 4, Problem 48

Kaplan AC 420 Unit 4 Assignment Exercises recent

Kaplan AC 420 Unit 4 Assignment Exercises recent

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AC 420 Unit 4 Assignment Exercises recent

Exercise 5-09 – 17 POINTS

Costing system choice

For each of the following firms, determine whether it is more likely to use job order or process costing. This firm

Exercise 5-18 – 5 POINTS

Cost accumulation

Barfield Mfg. Co. applies overhead to jobs at a rate of 140 percent of direct labor cost. The following account information is available.

Problem 5-37 – 7 POINTS

Journal entries; assigning costs to jobs; cost accumulation

Ialani Corp. uses a job order costing system for the yachts it constructs. On September 1, 2013, the company had the following account balances:

Exercise 6-23 – 5 POINTS

WA & FIFO EUP

On April 30, 2013, Leander Co. had 21,600 units in process that were 85 percent complete as to material, 60 percent complete as to direct labor, and 45 percent complete as to overhead. During May, 561,000 units were started. The 13,700 units in ending inventory were 75 percent complete as to material, 25 percent complete as to direct labor, and 10 percent complete as to overhead.

Exercise 6-46 – 3 POINTS

Appendix 3; FIFO; normal and abnormal loss

Omaha Foods manufactures corn meal in a continuous, mass production process. Corn is added at the beginning of the process. Normal losses are minimal and abnormal losses infrequently occur when foreign materials are found in the corn meal. Routine inspection occurs at the 95 percent completion point as to conversion.

   During May, a machine malfunctioned and dumped salt into 8,000 pounds of corn meal. This abnormal loss occurred when conversion was 70 percent complete on those pounds of product. The error was immediately noticed, and those pounds of corn meal were pulled from the production process. Two thousand additional pounds of meal were detected as unsuitable at the routine inspection point; this amount was considered within normal limits. Production data for the month follow.

Problem 6-49 – 3 POINTS

WA cost assignment

Fresh Seasons is a contract manufacturer for Delectable Dressing Company. Fresh Seasons uses a weighted average process costing system to account for its salad dressing production. All ingredients are added at the start of the process. Delectable provides reusable vats to Fresh Seasons for the completed product to be shipped to Delectable for bottling, so Fresh Seasons incurs no packaging costs. Production and cost information for Fresh Seasons during April 2013 follow.

Kaplan AC 420 Unit 5 Assignment Exercises recent

Kaplan AC 420 Unit 5 Assignment Exercises recent

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AC 420 Unit 5 Assignment Exercises recent

Chapter 7, Exercise 31

Chapter 7, Exercise 34

Chapter 9, Exercise 9

Chapter 9, Exercise 16

Chapter 9, Exercise 23

Chapter 9, Exercise 25

Kaplan AC 420 Unit 6 Assignment Exercises recent

Kaplan AC 420 Unit 6 Assignment Exercises recent

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AC 420 Unit 6 Assignment Exercises recent

AC 420 Unit 6 Assignment Exercises

Kaplan AC 420 Unit 7 Assignment Problem 10-45 recent

Kaplan AC 420 Unit 7 Assignment Problem 10-45 recent

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AC 420 Unit 7 Assignment Problem 10-45 recent

AC 420 Unit 7 Assignment Problem 10-45

Kaplan AC 420 Unit 8 Assignment Exercises recent

Kaplan AC 420 Unit 8 Assignment Exercises recent

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AC 420 Unit 8 Assignment Exercises recent

Chapter 12, Exercise 12

Chapter 12, Exercise 14

Chapter 18, Exercise 17

Chapter 18, Exercise 22

Chapter 18, Exercise 27

Kaplan AC 420 Unit 8 Assignment Toyota Corporate Culture recent

Kaplan AC 420 Unit 8 Assignment Toyota Corporate Culture recent

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AC 420 Unit 8 Assignment Toyota Corporate Culture recent

How does the organizational culture of a company influence the company and its operations? In which manners is the organizational culture displayed?

Kaplan AC 420 Unit 9 Assignment Exercises recent

Kaplan AC 420 Unit 9 Assignment Exercises recent

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AC 420 Unit 9 Assignment Exercises recent

Exercise 16

Exercise 18

Exercise 20

Exercise 26

Kaplan AC 420 Unit 10 Assignment Course Reflections recent

Kaplan AC 420 Unit 10 Assignment Course Reflections recent

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AC 420 Unit 10 Assignment Course Reflections recent

AC 420 Unit 10 Assignment Course Reflections