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  • C305 - Matthew (Midterm Excel Templates)

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    Rachel Kanters
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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    27 views11 pages

    C305 - Matthew (Midterm Excel Templates)

    Uploaded by

    Rachel Kanters

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 11

    WHEN PRACTICING, ALWAYS COPY PASTE TEMPLATE IN

    E TEMPLATE INTO A NEW SHEET TO NOT MESS UP EQUATIO


    ESS UP EQUATIONS!!
    Cost of Goods Manufactured Income Statement
    DM used 0 Sales
    +Beg - COGS
    +Purchase + Beg
    - End + COGM 0
    - End
    DL
    MOH = Gross profit
    -Total Manufacturing Cost 0 - Period expenses
    + BWIP = OI
    =Total WIP 0
    -EWIP - Taxes
    = COGM 0 = NI
    Statement

    0
    1. Units to be acc for Physical Units
    BWIP 2600
    Started (Transferred in) 14000
    =Total 16600
    Equivalent Units
    2. Units acc for Physical Units DM CC Tin
    Completed (Transferred out) 16000 16000 16000
    EWIP 600 600 240
    =Total 16600 16600 16240 0

    3. Cost to be acc for DM CC Tin


    BWIP 0 11200 9500
    Cost added in month 13000 63000 13300
    =Total cost 13000 74200 22800
    / Equ 16600 16240 0
    = Cost per unit 0.78313253 4.568965517 #DIV/0!

    4. Cost reconciliation
    Completed #DIV/0!
    EWIP #DIV/0!
    DM 469.8795181
    CC 1096.551724
    Tin #DIV/0!
    #DIV/0!

    = Total Cost Accounted for #DIV/0!


    Total
    20700
    89300
    110000

    #DIV/0!
    1. Units to be acc for Physical Units
    BWIP 800
    Started (Transferred in) 1000
    =Total 1800
    Equivalent Units
    2. Units acc for Physical Units DM CC Tin
    BWIP 800 0 560
    S and C 400 400 400 0
    EWIP 600 600 240
    =Total 1800 1000 1200 0

    3. Cost to be acc for DM CC Tin


    BWIP
    Cost added in month 5800 3480
    = Total cost 5800 3480 0
    / Equ 1000 1200 0
    = Cost per unit 5.8 2.9

    4. Cost reconciliation
    BWIP 3160
    BWIP (to complete Beg inv) 1624
    DM 0
    CC 1624

    1624
    S and C 3480
    EWIP 4176
    DM 3480
    CC 696

    4176

    = Total Cost Accounted for 12440


    Total
    3160
    9280
    12440

    8.7
    1. Divide 2. M
    P1
    Activity Expected OH Expected Activity Rate Requirement
    handling 294000 42000 7 x 4
    purchase 105000 1400 75 x 2
    testing 429000 3900 110 x 3
    set up 325000 5000 65 x 5
    machining 720000 100000 7.2 x 100
    #DIV/0! x
    #DIV/0! x
    #DIV/0! x
    #DIV/0! x
    #DIV/0! x

    3. Add

    Job Cost Sheet


    P1 P2
    DM 300 200
    DL 120 60
    MoH 1553 2077
    = Total 1973 2337
    2. Multiply
    P1 P2
    Requirement
    28 6 42
    150 3 225
    330 4 440
    325 10 650
    720 100 720
    #DIV/0! #DIV/0!
    #DIV/0! #DIV/0!
    #DIV/0! #DIV/0!
    #DIV/0! #DIV/0!
    #DIV/0! #DIV/0!

    1553 2077

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