Cost Accounting, Student Value Edition (15th Edition)
Cost Accounting, Student Value Edition (15th Edition)
15th Edition
ISBN: 9780133428858
Author: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
Publisher: PEARSON
Question
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Chapter 4, Problem 4.22E

1.

To determine

Job Costing:

Job costing is a process of recording the cost on the basis of manufacturing job instead of the process. In job costing, the project manager records separate cost for each job project. The cost accountant of the company also makes the separate cost sheet for each job assignment.

To compute: The total manufacturing cost per unit for second and third quarter, company allocates manufacturing overhead cost based on budgeted manufacturing overhead rate.

2.

To determine

To compute: The total manufacturing cost per unit for second and third quarter, company allocates manufacturing overhead cost based on annual budgeted manufacturing overhead rate.

3.

To determine

To identify: The fluctuation in the prices of board and which method as part 1 or part to should opt by the company to compute total manufacturing cost.

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