COST ACCT-W/ACCESS >C< NON-MAJORS
COST ACCT-W/ACCESS >C< NON-MAJORS
15th Edition
ISBN: 9781269768191
Author: Horngren
Publisher: PEARSON C
Question
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Chapter 18, Problem 18.40P

1

To determine

To prepare: Journal entries for both normal and abnormal rework.

Given information:

Cost of manufacturing one controller is $220. This cost includes direct materials at the rate of $120, direct manufacturing labor at the rate $24 and manufacturing overhead at the rate of $76.

Cost of rework is $72. This cost includes direct materials at the rate of $24, direct manufacturing labor at the rate $18 and manufacturing overhead at the rate of $30.

2

To determine

The total rework cost of controllers in august 2014

Given information:

Cost of manufacturing one controller is $220. This cost includes direct materials at the rate of $120, direct manufacturing labor at the rate $24 and manufacturing overhead at the rate of $76.

Cost of rework is $72. This cost includes direct materials at the rate of $24, direct manufacturing labor at the rate $18 and manufacturing overhead at the rate of $30.

3

To determine

Total cost of controller and cost per unit as well as prepare journal entries for order received from Australia

Given information:

An order received for 200 units of controllers from Australia along with regular routine work. Cost of manufacturing one controller is $220. This cost includes direct materials at the rate of $120, direct manufacturing labor at the rate $24 and manufacturing overhead at the rate of $76.

Cost of rework is $72. This cost includes direct materials at the rate of $24, direct manufacturing labor at the rate $18 and manufacturing overhead at the rate of $30.

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