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AC 330 Unit 1 Assignment Textbook Exercises
For more classes visit
www.snaptutorial.com
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
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.
(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.
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.
**********************************************************
AC 330 Unit 3 Team Assignment Cost Volume
Profit Analysis
For more classes visit
www.snaptutorial.com
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?
How can contribution margin be used to determine break-even sales in
units and in dollars?"
**********************************************************
AC 330 Unit 4 Team Assignment Eastern
Management and Production
For more classes visit
www.snaptutorial.com
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?
**********************************************************
AC 330 Unit 10 Assignment Course Reflections
For more classes visit
www.snaptutorial.com
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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AC 330 Success Begins / snaptutorial.com

  • 1. AC 330 Unit 1 Assignment Textbook Exercises For more classes visit www.snaptutorial.com 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. ********************************************************** AC 330 Unit 3 Team Assignment Cost Volume Profit Analysis For more classes visit www.snaptutorial.com 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?" ********************************************************** AC 330 Unit 4 Team Assignment Eastern Management and Production For more classes visit www.snaptutorial.com 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?
  • 6. ********************************************************** AC 330 Unit 10 Assignment Course Reflections For more classes visit www.snaptutorial.com 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. **********************************************************