Yeasill Jhe tT. Japitan WW 4.5¥ - 0AM UNIVERSITY OF SAN CARLOS SCHOOLOF BUSINESS AND ECONOMICS [DEPARTMENT OF ACCOUNTANCY. [AC 512 COST ACCOUNTING PART? IMAL COMPREMENSIVE EXAMINATION ‘SEMESTER 2017-2018, IMSTRUCTONS. WEE Ait YOUR ANAL ANSWERS AND SOLUTIONS ON IME ANSWER SHEET PROVIDED. YOU MAY WATE [ANYTHING ON THS TEST QUESTIONNAIRE FOR AS LONG: AS FINAL ANSWERS AND SOLUTIONS WILL BE WHITTEN ON THE “ANSWER SHE. ERASUHES ARE NOT ALLOWED INTHE FINAL ANSWER, YOU MAY USE FENCILIN YOUR SOLUTIONS. 00 YOUE {NST STAY FOCUSED AND GOO MLSS! |wnch of the folowing i wotraced Kom EP under weighted overage to obion EP under FOF 9, beginrirg wie EU? completed in cures! pee. © )boginieg WI? EU? produced inp pena. ‘E encing WP EUP no! completed 4. ercing WIP EVP compseted. 2. Which lhe folowing slotements are tose? Wma process coving yatem, unis Wors@rea io he net processing Geportment ore prewmed tobe TOR omalee wih respec othe wet performed by he ronvering Separmen. 1 Unger me wosghtoc average method. he equcen! unis used to compute the unt ‘Cost ol ending eens ree ely wer done dung Ihe cue perod. ©. Sotement omy (€) Nein Statement no Store ©, Sotement en \G/ tom Stotemert ona sotement« S. Which of ne flowing staeent/s exe oe? © ne cot per acaavaent util unde re FO mato ol grocers costings equa! othe cos ol Begining work ‘nprocess ventory os he cess oddea dng Ihe pared ol ddd by tne eqivaen! unis oF roGucton fo + nepence [Cine weghtec-overage melodia! proces casing con oy be used moteich ore accede he begining othe poaucton acess. I Amorulocher giant COs wos excinary Use proces coving rer nan joo-rcercosing. ©)stotements! ons ony. {.Stolomonttoty ‘B Statements onditeny. 4. Absioements 4. DEF Co. os begining Worn recess mente of 5.00 uri tho were 40 percent comple ao converson ests Ber sone onc completed 42000 uti the pened ond Roa erng Wort in Process Invenioy ol 12000 {ets How many Unis were rte ths peroat osm e900 © 000 a) FCH Co. mckes mot mete contanan. nthe beginieg of Decembm. the company has 20 containers io [races hel wove 30 pacen! comple o 10 motor ond 4 perce complete ot 1oconverson costs Dung re mont 5009 corfeners were Hered, AI month end. 1700 conlaners were im process (45 ercent Cemple'e' fe motana ond 80 percent complete Oslo converson cos. Wing the fo and weighted ‘method expect, who a the equal sor Converion cosht on ance B «neato e Owai0 see5 wonstered 10 the worehouse, ert, before i Fotowng the Heating Deparment is the Assembly Deporims Information of he 100 deportment for Ine month of Febxuary ae te fOkowing Segremg Wo in Roce invertoy eeson) 36000 unt Totes eazedo! he Bogen of pracicion 3% complet conve) mnang Wok n Pecosinverion 20000 unis (90% Moters: «7% complote ot fo conversion) ‘nat oe the EUP for moteros ond conversion cost forthe two depariments usng AFF Heating Asemby Moteriots $20,000; Cenvenion 535.449 Mater ~ $20 400; Conversicn - 531.400 ° = 517200, . Moteris- 520,000: Conversion = 521.440 Moteriots ~ $20,400; Convers0n $: Motevots 480,000 Cervenon 491,44) Maeno ~4B4 400: Convecson~ 48! 200 ©) Molerots~480000; Converson=435 440 Materia 484 400, Converson = Foritems 79 - totowed by the Tre Decemoer 28m Co. mates wea in wo desarimenitFeming tne ft depcriment ond (Biss et sar One acest nrg '\tetou. Foming began the merin eh S00 wraota proces Tol were IGD percent compile os 10 lon 40 NEA! Conpiee fo Cowenion. Dung the mor 6300 wreath were eed Mrmorih ene Frmag POG 21 wats nl were sm eco ha ware 1 prcent comsee fo matetd and 50 pecan! combee os 12 onerson. Begirang cost inthe Farnng Deport Oe Males: P.O. Canveson P1300. Curent COM oe oleic 73200, Conveson FSS Ihe Decorating Department had 600 wreaths in process ot the beginnirg of the month tha! were BO percent complete ito matota end © pocen! comple aslo convaton tne Sesermant hg Sb cosh oeang ent Sco Tet [iS $0 Percent comolete as 10 material ond 75 percent compiete ot lo conversion. Beginning costs as1ocoted wih Decordting cre ranstemedtinP1.170: Materils P4320: and Conversion P6210. it curent cost ore Vonsleredn from Forming decoriment #; Materials PéB 180; Convenion 92.815. 7 Whats ne folacos! ofthe units uninshed during he previous month ia the Forming Department? P2500 bP2dIS—c.PISID 3. P2100 8. whats ne cos incuned axing the curent month fo nh of unis ot comgleedin he previous month in he Depatiment® (@-P167325 DP1700 P2609 PIS760 9. Wat is tha. cas! ofthe unfinished units inthe current month in the Forming Department? eas bess €.PasI0 G.PLI00 Foritems 10-11: 10. EnergyFoMare Products’ second depariment received 40.000 units. There were 20.000 unis were in begineing ‘ventory in that department. Al he end of the month, 30.000 units were rorslered oul fo tne ths deportment 716000 units remained in work in process. 40% complete as lo conversion cots ond the remeicing uals were lost of {ne 75% stage ol conversion. Bagining inventory was 60% complete os lo conversion costs ond ost units were the tesut of internai fale. \What.re the equivalent unis of convenion cost uting FO costing is: o. 32800 3600. $6,000 4. 26000 ©. 22.000 11 How many units were lost dung the month a. 16000 B20) €. 15.00013. Nomis 1 Nomncoge ware hom ocormon Boca 2. eerdeot neu ene. etn cher unt cee goosuntipeaes Siete clstengroues conse mates overiegn 10 crease 14 Aryan costing sata combines charoterss ot [9 (ebexGer ona sondars costing set 1) pbercer anc process cosing stems "© Grocessongstonamd ces ser err ong nerotcosing ems \5 wmencte oto andes ine poceares ed nogwcton carats ne! MAAS onwenion cose t0 procucion? Drecialeie oss Sonvenion Cai (2 Revere ote nob ode cos esome ose nob ore conn (@) Resoneasnene aoa ed Meroe os nose proces stra the vome ou thove 6 pOees cos Troi os rene n jb ox cosieg Inesome ar those n process coin Ifevome o hese races Cos Fertems 117 [eter en rll poebomie gn 0 et Conary few Company 20etenowing aris 720900", 0 go OST DO Ss Row Company 080 Beto ee prods Ihe e8 HOCH OeCuEY HOO 16 Refer to Ste few Company. Vira oats proces cos ‘tocote 1 Produc! RE oP2i% pun 2 pe d) P company Fi ett rgsammamenngnenncmsgstonrorrmraes me SS te RT &. Haasend tomo int process thal obo veich a Dy Product Revenue z Ee mnonsoctes TOONS aerator raver een hatin oem ts —= x ne: be o— a ig ee ‘oor ee ee Jon! cont mere otocated ving the soles vous a oH 0M OPHrODCN, eter to rarmmann Compory. The font costs aiocated 10 OOM! K were Peace = B Prong. < PiscaM. a Pleaam. x Unis produced 20000 20000 101900 0.000 Jor com's z e ? 242000 > Sees wave ot sotto P300.000 iso.oe0 Proce asc.ceo aint cos's ware alocated using the sales vale of set-off apsxo0cn, eter fo Furmonn Company, Thejint costs tocoted "0 product x were o. Fem | ©. Ploca00. & PIsoo00. & Pies.000. For tems 2526 ‘Sha: Row Company produces Ihe produc!s om the some process tha! has int processing cots of P4.100, Products R S.ond Tare produced in he folowing quorties 250 goons. 400 gators, and 750 gains. Sor Row Company oo incuned osvertang 2oss of 60.000 Ine 06 was Used 10 run ses fr OH Theee produCs. The three products OCCUPY Noor sbace n ne lokowng roto: $:49. [Round ot answer lo the necres! SOHO) 23. Refer to tor Row Company. Uung galors ose physica meciuzement, whol mount oF ein processing Costs chocated to Prodac! Re a P29 be Phin c. PL3e7 a) 732 UY “Ukeler‘oStorFaw Compa. Assume thal Stor Flow chooses 19 locate is advertising cos! amang the mee products. What “omoun! of advertarg cos! & akocaled fo roduc! & uieg he Foor space aot 25.Gare!t Company manulociures products And 8 fom ojn! process. Sales wave ot sof was P7000 Fox 10.000 vrs of uns of 8. Using the safes wave o kof! approach, joint costs propery akocoted fo A wereM1bvt oF actual hove Poca eect hy S50. ae Ron ddd el ebay towed ondeveeadhopnied on bss AGF loveratle voratie. vemeod varione: © sei etl cvanaosgendng vance ents © Sogs TERS solcey mre mth Tn $S%StOn reread ee! erro oan whol foci Yee ech ro ob zHON opps vree ovarC0s 1 edachon ong ee! csr Donne soe eee ‘foeroy voce toversie, © wtbe locate S TRoeverc uoo me copociy meoiye sale ©) Sireoisle io cetenne tno oddone Fortes 39.32 \8d to assgn overneotto production, ielomaton “Te tolering March nfornoton'ovlade fo Alen Menlo Conon when eroded? 10 ui: Stoncera Molen 2,pouncs per unit @ 580 er pound aber Sdrectiobarhoxs per unt € POD per now petal, Moles 4.250 pound prchoted one wed @ P48 pet pone labor {620 cect cberrous of PFS pe hee 7 Retr to len Mo-utactung, Who! he motetal pce veronce? 2 eS Cy rarer Peony Feoa0F fetes 1o Aten Marufoctuing. Who! ne mater asa wooace? co past por ©) FaOU Pas 31. Fee to en Monuetuing What the abate varonce® co isisy LB Piss e Pismey a m0 32, tere Aen Monutociuing Who! ne bor eclency veronce’ co rrstast © psi 2su © PrsoMDF (G) renee ne orev a conse! “Yarnerax0.ac. ‘ Wrispedaced es preter ot 92999 Facto Ovestead ae Faagensos Nariabte S8_whots ne -oiabie overhead spending voronce® behead sere. o) P2350, wr 5,4 NDS 4 S mse a ws & Matcy wae oY 34s to odome Compony ing he lox vxionce oFp#60ch wha she vekme Fororce © rem B Piaziu It © Fi 3% ree: aque 35. eter o Meconne Company Jing he hres vance cBBCOCK wh 4 he eticency vasonce’ Piiam0r P20 ras P78 ne ces: e be ctl ego he sovngsfomlewer wrk n proceislvek ina MT snteninchde ot othe folowing. excep! honing alengerrumoer of snc Sots of monn grocers ‘he Nahe robably 0 huldowrs due Te he once sae stock ‘ne pasty ho! setup cos comet be eauced ercugh folie ne lrg ruber of suas ‘he postal of estomer exsantocion ue fo dome vsporse inate ere Dtoline nove 8 © 5 e {7 Advortoges ten tom reocingrow matetos ewenlory Acdece lowing cep! A odecteosed poston of rot beng ale 0 dice oun! wnenrescned © Sneedtories sroge space C Seaicedrak of eoroexcence © _Gresveed cel aomaped mates © ot ole coove ae odvortager SBA one xing coc pcan exc! ‘he lays of he rocucan cet, Ine wequency olschecule changes ‘ne otter ot xrcnaing oe ond pen ‘ne astonce tom supoters © wv E_Gtotne caove a ctsocer a ncn sect oet ccene schaeeaste \ + 5 5 : receung pars "Rote reuion tote above a eiminate ‘bach mote cn tom aw ann hacen ic God he ction woud om: ‘mote ending iP wercry us males ocahed ae Ihe pwreD i MOI in the Degerirg reverie, Tate ering res gos try aka co Yortereces Fina motes ‘ irshed good weeny4 Wich ofthe ‘cloning sttements repadng benchmoning fate? A 8 Senchm & 9, nprocies aly eves concen eng bonchnatig fea. SeRnTONEG i on crpara proces ol ons urine ns qvatove meaavért fhe dteence inthe nde OBEN setomance olan cc ond ne romance bythe bes rhe word rhe et O- Meberchratng crparaston ops! wich fs comping Sa mu be a cect compet. 2 Management ep of acompony tern ota arpucion asa watdclox monwlchae ay ERS, Wich of ner cont wou bo hemos domagng lol ob ole aepusn er was as 3 & Freventon cost, 6: Inteal fate cots 8 Appraisal cont (©) eerie coat &8, Tre lntematona stander Organization (SO hos developed stondorc or rg etwas ino! inca fot ‘anoqemen, configuration management. occavting manoperent. uty marogement crd performance ‘menting, Which o! he olowing contr incloced n he performance montxng sanders? ‘A. Reporting he fol of network foarte ies. 8, Recorsng snouhorzadocces volgen. ‘Comping sts onthe number offre hot application wore ise. ‘Arcee network cet 1 stom wen ofthe newer K iS “4 Inwich of he folowing erganzalinalstuctves does flo avally management TM) wokbes A. Hisexchal bears al pope wor ne sone seacty. & “6 & ® no. 270! baopie or ferent spies Speconthwareng nec. The cost of crap, ewe and tcaing charges ine pod! quatly cot semi colepotted son) Tioring cost. C) items tre cos. Edema tobe cost, \o! cpporteity cost. sytem, the qty of each roduc! bagi win {@.Cheeta Company has malate cos in he Jue | Raw ond in Process of P1020, malik receved ving une ot 300 ond motes cos nthe une 30 Raw ondin Pecessf P1280. The aru fo be backed ‘rom Row and in Proceso Fnsned Goods o he endo une weukbe *aiso00 x ‘Harte e 21750, one of he abovereougr put ime wos: Roshovs i3shous C.08how Daihen eons Capactontrgscaetatoctt etereasedte ac. Cotacorcenngoparicds oo PPE Hours 259 18 os 84 ‘nermantctaing een HCH wor hs fois : :