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5/11 Act 202 Essay

303 words - 2 pages

5/11 | F | 2 | 2-1 | 2 | E2-1, E2-2, E2-3, E2-4, E2-5, E2-6, E2-7 |
E2-1)
1. Directing & Motivating
2. Budgets
3. Planning
4. Timeliness-Precision
5. Managerial Accounting
6. Managerial accounting
7. Financial Accounting
8. Feedback
9. Controller
10. Performance report
E2-2
1. The cost of a hard-drive installed in a computer: direct materials cost.
2. The cost of advertising in the Puget Sound Computer User newspaper: marketing and selling cost.
3. The wages of employees who ...view middle of the document...

E2-3
1. Period
2. Product
3. Product
4. Product
5. Period
6. Product
7. Period
8. Product
9. Product
10. Period
11. Period
12. Period
13. Period
14. Period
15. Product
E2-4

E2-5
Lompac Products | |
Schedule of Cost of Goods Manufactured |
Beginning Raw Material Inventory | 60,000 |
Add: Purchase of Raw Material | 690,000 |
Raw Material Available for Use | 750,000 |
Deduct: Ending Raw Material Inventory | 45,000 |
Raw Material Used In production | 705,000 |
Direct Labor | 135,000 |
Manufacturing Overhead | 370,000 |
Total Manufacturing Costs | 1,210,000 |
Add: Beginning Work in Process | 120,000 |
Deduct: Ending Work in Process | 130,000 |
Cost of Goods Manufactured | 1,200,000 |

E2-6

1. Variable
2. Fixed
3. Fixed
4. Variable
5. Fixed
6. Variable
7. Fixed
8. Variable
9. Variable
10. Fixed

E2-7
1. Direct cost
2. Indirect cost
3. Direct cost
4. Indirect cost
5. Indirect Cost
6. Direct cost
7. Direct cost
8. Direct Cost

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