Managerial accounting assignment pdf

Page 120: Brief Exercises 3-7 and 3-9 Page 123: Exercise 3-7 Pages 164-165: Brief Exercise 4-2, and 4-8 Page 170: Exercise 4-8 Pg.120 BE 3-7 Trek Company has he following data for April: units transferred out 40,000, and ending work in process 5,000 units that are 100% complete for material and 40% complete for conversion costs. If unit materials cost is $4 and unit conversion cost is $7, determine the cost to be assigned to the units transferred out and the units ending work in process. BE3-9 Data for Hollins Company are given in BE 3-8. Production records indicate that 18,000 units were transferred out, and 2,000 units in ending work in process were 50% complete as to conversion cost and 100% complete as to materials. Prepare a cost reconciliation schedule. Pg. 123 E 3-7 The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017, the first month of operation. Production: 7,000 units finished and transferred out: 3,000 units started that are 100% complete as to material and 20% as to conversion cost. Manufacturing cost: Materials $33,000; labor $21,000; and overhead $36,000. Instructions Prepare production cost report. Pg, 164-165 BE 4-2 Finney Inc. has conducted an analysis of overhead cost related to one of its production lines using a traditional cost system (volume-based) and an activity -based costing system. Here are the results. Sales revenue Overhead cost Product RX3 Product Y12 Traditional Costing $ 600.000 $34,000 ABC $600,000 $50,000 $36,000 $ 20,000 $ 70,000 $70,000 Explain how a difference in the overhead costs between the two systems may have occured. ...