Nama: Cornelius Cakra Adiwijaya

NIM: 041911333209

E5-3; P5-2;
E5-3. Manufacturing Cost
Work in Process
Materials 15.500 Finished goods 37.500
Direct Labor 14.700
Factory Overhead 11.800
Materials charged to the one job still in process 3.200
(1) The amount of direct labor cost in finished goods
Finished goods 37.500
Materials included in finished goods (15.500 – 3.200) 12.300

Direct labor and factory overhead in finished 25.200

factory overhead charged ¿ work ∈ process ¿ work ∈process ¿ =

direct labor charged ¿

11.800
= 0,80
14.700
Let X = direct labor in finished goods
1,8 X = 25.200 direct labor and factory overhead in finished goods
X = 14.000direc labor in finished goods
(2) The amount of factory overhead in finished foods
X = 14.000
0,8 X = 0,8(14.000)
0,8 X = 11.200 factory overhead in finished goods
P5-2. Manufacturing Costs
1) Determine the April 30 balances for materials control and for work in process
Materials
1/4 2.700 Indirect material 2.790
Purchase 11.550 Direct materials* 9.705
14.250 12.495
1.775
*970 + 2.450 + 1.250 + 555 + 2.500 + 1.980 = 9.705
Work in process ending inventory of jobs 203 & 206
Job 203 Job 206 Total
Direct materials 1480 + 555 1.980 4.015
Direct labor 1.000 + 1.500 1.000 3.500
Applied overhead 800 + 1.200 800 2.800
Total 3.280 + 3.255 3.780 10.315

2) Prepare all journal entries for Job 202 in April

Work in process 4.850
Materials 1.250
Payroll 2.000
Applied overhead 1.600
Finished goods (4.700 + 1.250 + 2.000 + 1.600) 9.550
Work in process 9.550
Cost of goods sold 9.550
Finished goods 9.550
Account receivable 14.325
Sales 14.325

3) Calculate the cost of goods manufactured in April = cost of jobs finished

Job 205:
Direct material 2.500
Direct labor (105 x $20) 2.100
Applied overhead (105 x $16) 1.680
Total Job 205 6.280
Job 202 9.550
Job 204 6.930
Job 207 5.870
Total 28.630

4) Calculate the overapplied or underaaplied overhead for April

Actual overhead (1.375 + 2.500 + 2.700 + 2.790) 9.365
Applied overhead
Jobs 202, 203, 205, 206 (330 x $16) 5.280
Job 207 6.930
Job 204 5.870
Total applied overhead 7.600
Underapplied 1.765
5) Calculate gross profit for April
Jobs 201, 202, 205 were sold. (8.450 + 9.550 + 6.280 = 24.280)
Sales (24.280 x 150%) 36.420
Cost of goods sold (24.280)
Underapplied overhead (1.765)
Gross profit for April 10.375