This document contains instructions and exercises for multiple textbook assignments related to managerial accounting concepts. It includes problems related to cost of goods manufactured schedules, break-even analysis, contribution margin, inventory calculations, and income statements. It also has reflection questions asking students to discuss how the course concepts have helped prepare them for business and affected their personal and professional development.
1. AC 330 Unit 1 Assignment Textbook Exercises
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E1-1B
From the information, determine the total amount of:
(a) Manufacturing overhead.
(b) Product costs.
(c) Period costs.
E1-2B
Instructions
Determine the total amount of (a) delivery service (product) costs and
(b) period costs.
a) Delivery service (product) costs
b) Period cost
E1-3B
Instructions
2. Work in process inventory was 17,500 at 1/1 and 14,000 at 12/31.
Finished goods inventory was 60,500 at 1/1 and 42,000 at 12/31.
(a) Compute cost of goods manufactured.
(b) Compute cost of goods sold.
E1-4B
Instructions
Complete the cost of goods manufactured schedule for Juan
Manufacturing Company.
E1-5B
Instructions
Complete the cost of goods manufactured schedule for Juan
Manufacturing Company.
E1-6B
Instructions
(a) Indicate the missing amount for each letter.
(b) Prepare a condensed cost of goods manufactured schedule for
situation (1) for the
Year ended December 31, 2014.
E1-7B
Instructions
(a) Prepare a cost of goods manufactured schedule for June 2014.
3. (b) Prepare an income statement through gross profit for June 2014
assuming net sales
E1-8B
Instructions
(A) Prepare a schedule of cost of contract services provided (similar to
a cost of goods
Manufactured schedule) for the month.
(b) For those costs not included in (a), explain how they would be
classified and reported
In the financial statements.
E1-9B
Instructions
(a) Compute cost of goods manufactured.
(b) Prepare an income statement through gross profit.
(c) Show the presentation of the ending inventories on the December 31,
2014 balance
(d) How would the income statement and balance sheet of a
merchandising company
Be different from Laurel’s financial statements?
E1-10B
Instructions
(a) Prepare the cost of goods manufactured schedule for the month
ended June 30, 2014.
4. E1-11B
(a) Determine the cost of the head lamps that would appear in each of
the following accounts at September 30, 2014. Raw Materials, Work in
Process, Finished Goods, Cost of Goods Sold and Selling Expenses.
Note: purchase of 5,200 head lamps at a cost of $8 per lamp. The
company withdrew 4,650 lamps during the month. Now 100 of the lamps
were used to replace the head lamps. The remaining 4,550 lamps were
put in autos manufactures during the month. 90% were completed and
transferred and then 75% were sold 09/30.
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AC 330 Unit 3 Team Assignment Cost Volume
Profit Analysis
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How can the mathematical equation for break-even sales show both
sales units and sales dollars?
How do the formulas differ for contribution margin per unit and
contribution margin ratio?
5. How can contribution margin be used to determine break-even sales in
units and in dollars?"
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AC 330 Unit 4 Team Assignment Eastern
Management and Production
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What role might contribution margin per unit of limited resource play in
this decision?
Should the marketing department be involved in the decision-making
process? How important is consumer demand?
Should the company consider expanding their production facilities or
purchasing additionalequipment?
How might this change affect their company brand or the customer's
perception of their brand? Will they be appealing to a different market
by only offering yacht anchors?
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AC 330 Unit 10 Assignment Course Reflections
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Reflect and describe which key concepts and topics in this course have
made you a stronger candidate to enter the business world.
Discuss how this course has affected you in your personal and
professional development as well as how it has encouraged you on your
academic path.
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