期未要交的報告...包含理論背景、目題分析、解答部份及結論四個部份~
但，我才大一...沒有作過這樣子的報告~~
跟本不知從何下手~而且，會計~我也很爛~><......
希望來這兒，有人能給我方針~~只是希望有人能告訴我該從何處下手...
Backflush Costing. The Hila Manufacturing Company produces finsihed product
within two days of the receipt of raw materials. Inventory accounts consist of
a supplies account for indirect factory materials, a finished goods account,
and a combined raw and in process(RIP) inventory account. All conversion
costs are charged to the cost of goods sold account
At the end of each month, all inventories are counted, their conversion cost
components are estimated, and inventory account balances are adjusted. Raw
material cost is backflushed from RIP to Finished Goods and from Finished Goods
to Cost of Goods Sold. The following information is sa summary of selected
transactions and other information for June:
Raw and In Process…………………………………………………… $ 416,000
Finished Goods……………………………………………………… $ 370,000
Supplies……………………………………………………………… $ 31,000
The June 1 RIP balance consisted of $40,000 cost of materials, most of which
were not yet in process, plus a $1,600 conversion cost estimate assigned to
partially processed work. The Finished Goods balance consisted of $190,000
material cost and a $180,000 estimate of conversion cost.
The June 30 RIP amount consisted of a $46,000 cost of materials, most of
which were not yet in process, plus a $1,900 conversion cost estimate
assigned to partially processed work. The Finished Goods amount consisted of
$182,000 material cost and a $178,000 estimate of conversion cost.
(a) Direct materials received on credit cost $850,000.
(b) Indirect materials used cost $13,000.
(c) Gross payroll of $400,000 is accrued; the payroll is paid .
(d) The payroall distribution was:
Direct labor………………………………………………………… $ 60,000
Indirect factory labor……………………………………………… 120,000
Marketing salaries………………………………………………… 130,000
Adminstrative salaries……………………………………………… 90,000
(e) Factory overhead costs:
Depreciation…………………………………………………………$ 668,000
Insurance…………………………………………………………… 13,000
(f) Miscellaneous factory overhead costs:
Paid in cash……………………………………………………… $ 54,000
On account………………………………………………………… 29,000
(g) The factory overhead accumulated in the factory overhead control
account was expensed to Cost of Goods Sold.
(h) The material cost component of completed work is backflushed from RIP.
(i) The material cost component of work sold is backflushed from Finished
Goods.
(j) Ending balances are established in inventory accounts by adjusting
their conversion cost components.
Required:
(1) Prepare journal entries based on the preceding information.
(2) Prepare complete T accounts for RIP, Finished Goods, and Cost OF Goods
Sold.
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※ 發信站: 批踢踢實業坊(ptt.csie.ntu.edu.tw)
◆ From: 210.71.23.8
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※ 發信站: 批踢踢實業坊(ptt.csie.ntu.edu.tw)
◆ From: 210.71.23.8