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    jkupfer1234
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    This document contains accounting information for the cost of goods sold and inventory levels for multiple companies over different time periods. It includes figures for raw materials, work in process, and finished goods for each company. The information is presented numerically in tables without descriptions.

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    This document contains accounting information for the cost of goods sold and inventory levels for multiple companies over different time periods. It includes figures for raw materials, work in process, and finished goods for each company. The information is presented numerically in tables without descriptions.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    77 views5 pages

    Item 6 Chapter 2 Solutions

    Uploaded by

    jkupfer1234
    This document contains accounting information for the cost of goods sold and inventory levels for multiple companies over different time periods. It includes figures for raw materials, work in process, and finished goods for each company. The information is presented numerically in tables without descriptions.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 5

    Cost Management

    2-31 Renka Heaters Raw Material 105 365 385

    Chapter 2 Solutions

    Work in Process 230 385 450 775 1660

    Finished Goods 130 1660 1770

    85

    180

    20

    2-34

    Howell Corporation Raw Material 15 325 320 Work in Process 10 320 100 220 645 Finished Goods 70 645 660

    20

    5 foh = 80+5+35+10+30+60=220 oi = rev - cogs - g&a = 950-660-240 = 50

    55

    2-36

    Calendar Corporation Raw Material 32 Work in Process 18 Finished Goods 47

    84 108

    108 42 63

    228

    228 264

    11

    2-42 a b

    Internal Revenue Service cogs = rev - gpm = 32-11.3 = 20.7 Raw Material Work in Process 0 8 3 7 18 Finished Goods 4 18 20.7

    0 c d gpm = rev - cogs = 31.8-20 = 11.8 Raw Material Work in Process 0.8 12 5 6.5 21.3

    1.3

    Finished Goods 4 21.3 20

    12

    5.3

    ed Goods

    ed Goods

    ed Goods

    ed Goods

    ed Goods

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