M5004_Chapter 3_29323525 Muhammad Yasin Fachri

This Year Report

Direct Labor Cost Rp180,000
Raw Material Purchased Rp290,000
Sales Rp1,200,000
Gross Margin Rp480,000
Goods Available for Sales Rp810,000
Direct Labor Cost Rp180,000 30.00%
Manufacturing Overhead Rp420,000 70.00%
Conversion Rp600,000
Prime cost Rp410,000

Last Year Report

Beginning Raw Material Rp18,000
Beginning WIP Rp65,000
Beginning Finished Goods Rp45,000

COGM
Direct Material Rp230,000
Beginning raw materials inventory Rp18,000
Add: Purchases of raw material Rp290,000
Total raw materials available Rp308,000
Deduct: Ending raw materials inventory Rp78,000
Raw materials used in production Rp230,000
Deduct: Indirect materials included in manufacturing overhead Rp0 Rp230,000
Direct labor Rp180,000
Manufacturing overhead applied to work in process Rp420,000
Total manufacturing costs Rp830,000
Add: Beginning work in process inventory Rp65,000
Deduct: Ending work in process inventory Rp130,000
Cost of Goods Manufactured Rp765,000

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M5004_Chapter 3_29323525 Muhammad Yasin Fachri

COGS
COGS Rp720,000
Beginning finished goods inventory Rp45,000
Add: Cost of goods manufactured Rp765,000
Cost of goods available for sale Rp810,000
Deduct: Ending finished goods inventory Rp90,000
Unadjusted cost of goods sold Rp720,000
Add: Underapplied overhead Rp0
Adjusted cost of goods sold Rp720,000

Beginning Raw Material Rp18,000

Purchase Raw Material Rp290,000
Total Material Used Rp230,000
Raw Material Rp78,000

Total Manufacturing Cost Rp830,000

Beginning WIP Rp65,000
COGM Rp765,000
Work In Process Rp130,000

Goods Available for Sales Rp810,000

COGS Rp720,000
Finished Goods Inventory Rp90,000