Cost Bunso making decision to the following, excep accept or reject a special order. price higher or lower. keep or drop a segment or product line. overcome limited factors.

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter26: Manufacturing Accounting: The Job Order Cost System
Section: Chapter Questions
Problem 2SEA: SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Maupin...
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5. The relevant costing involves making decision to the following, except:
a. accept or reject a special order.
b. price higher or lower.
c. keep or drop a segment or product line.
d. overcome limited factors.
Transcribed Image Text:21 1234567 89 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 5. The relevant costing involves making decision to the following, except: a. accept or reject a special order. b. price higher or lower. c. keep or drop a segment or product line. d. overcome limited factors.
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4. The following data have been provided by a company for a recent
accounting period. The cost of goods manufactured for the period was:
Inventories, beginning:
Raw materials.
Work-in-process.
Finished goods.
Inventories, ending:
$10,000
$2.000
$34,000
Raw materials.
$11.000
$4.000
Work-in-proces..
Finished goods
$30,000
Purchases of raw materials.
Direct labor wages
Sales commissions
$50,000
$40.000
$3,000
$60,000
Manufacturing overhead.
Marketing costs.
Administrative expenses.
$55,000
$70.000
Sales
$300,000
a. $147,000
b. $154,000
c. $151,000
d. $153,000
LOYcent:
Transcribed Image Text:12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 4. The following data have been provided by a company for a recent accounting period. The cost of goods manufactured for the period was: Inventories, beginning: Raw materials. Work-in-process. Finished goods. Inventories, ending: $10,000 $2.000 $34,000 Raw materials. $11.000 $4.000 Work-in-proces.. Finished goods $30,000 Purchases of raw materials. Direct labor wages Sales commissions $50,000 $40.000 $3,000 $60,000 Manufacturing overhead. Marketing costs. Administrative expenses. $55,000 $70.000 Sales $300,000 a. $147,000 b. $154,000 c. $151,000 d. $153,000 LOYcent:
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