Financial and Managerial Accounting 3rd Edition Horngren, Harrison, Oliver - Solutions

Manufacturing overhead 207,000 197,000

Total Cost of Job at September 30 3,100 13,000 6,900 4,400 Job Date No. Sold Started August 21 August 29 September 3 4.

Materials inventory Work in process inventory (f) (b) (b) (c) (e) (a) Finished goods inventory Accounts payable (f) (g)

Work in process inventory Jun 1 Bal 20,000 31,000 Direct materials used Direct labor assigned to jobs Manufacturing over

Total Total Manufacturing Costs Added in November Cost of Job Job Date Started Finished Sold at October 31 No. 10/12 10/

Direct materials Direct labor 42,000 35,000 57,000 53,000 House 402 54,000 House 403 House 404 House 405 68,000 63,000 8

Labor Time Record No. Date Description Amount 10 hours @ $14 $ 140 4/2 655 20 hours @ $13 4/3 656 260 Materials Requisit

HOWIE STARS Trial Balance June 1, 2012 Balance Account Title Credit Debit Cash $ 14,000 Accounts receivable 155,000 Inve

Estimated (Budget) Actual 32,100 hours $28,500 Machine hours 25,000 hours Maintenance labor (repairs to equipment) Plant

Mesilla Chocolates Delicious Treats Direct labor hours .. Software licensing costs Travel costs 700 hours 4,000 100 hour

Total Total Manufacturing Costs Added Job Cost of Job Date Sold Started Finished No. at October 31 in November 10/3 10/1

Direct materials Direct labor House 402 $ 45,000 30,000 50,000 S House 403 House 404 House 405 69,000 66,000 55,000 88,0

Labor Time Record No. Description Date Amount $ 180 10 hours @ $18 11/2 655 20 hours @ $14 11/3 656 280 Materials Requis

SCHOOL STARS Trial Balance June 1, 2012 Balance Debit S 17,000 Account Title Credit Cash Accounts receivable 170,000 Inv

Estimated (Budget) Actual 28,000 hours $16,000 Machine hours 32,400 hours Maintenance labor (repairs to equipment) Plant

Martin Chocolates Food Coop 900 hours 3,500 11,000 Direct labor hours Software licensing costs Travel costs 100 hours $

Marcia

Delta .. Flight 1247 1,000 miles JetBlue Flight 53 1,000 miles 162 Route: New York to Tampa. . Distance. Seats per plane

Gallons: Beginning work in process inventory Started production Completed and transferred out to Packaging in May Ending

Gallons: Beginning work in process inventory Started production Completed and transferred out to Packaging in May Ending

Gallons: Beginning work in process inventory Started production Completed and transferred out to Packaging in March Endi

Gallons: Beginning work in process inventory Started production Completed and transferred out to Packaging in March Endi

COOL SPRING COMPANY Work in process inventory-Bottling Month Ended February 28, 2013 Physical Units 12,000 S 2,730 Trans

Work in process inventory-Mixing Bal, Mar 1 Direct materials Direct labor Manufacturing overhead 5,775 620 6,310

Sheets Beginning work in process inventory Started production Completed and transferred out to Compression in January Co

Units: Beginning work in process inventory Transferred in from Spinning Department during November Completed during Nove

Units: Beginning work in process Transferred in from the Assembling Dept. during the period Completed during the period

Work in process inventory-Mixing Bal, Sep 1 Direct materials Direct labor Manufacturing overhead 5,430 550 5,785

Sheets Costs 0 sheets Beginning work in process inventory 3,900 sheets Costs adding during January: Beginning work in pr

Units: Beginning work in process inventory Transferred in from Spinning Department during July Completed during July End

Units: Beginning work in process Transferred in from the Assembling Dept. during the period Completed during the period