1. Determine in the beginning period: raw materials, work in process and finished goods 2. Determine in...
Question:
1. Determine in the beginning period: raw materials, work in process and finished goods
2. Determine in the ending period: raw materials, work in process and finished goods
3. Determine the purchase of raw materials
4. a. Determine direct labor hours
b. Determine direct labor wage rate per hour
c. Calculate total direct labor wage.
5. Determine actual manufacturing overhead
6. Calculating POHR
a. Determine total manufacturing overhead costs
b. Determine the total allocation base estimated
d. Calculate POHR
7. a.Compute the amount of total manufacturing overhead
b. What is the underapplied or overapplied overhead cost?
8.Using absorption costing system :
a. Calculate COGM
b. Calculate COGS unadjusted and adjusted
c. Determine total sales
d. Determine selling expenses
e. Determine administrative expenses
f. Create an absorption format income statement
9. Using variable costing system
10. Calculate CM Ratio
11. Calculate the break even point (BEP) in rupiah or other currency.
12. Calculate the margin of safety (MOS) in rupiah or other currency and in %.
13. a. Calculate degree of operating leverage (DOL).
b. If sales increase by 10% next month, what percentage increase in net operating income?
Expert Answer:
Fundamental Managerial Accounting Concepts
ISBN: 978-1259569197
8th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds
