CHECK LIST OF KEY FIGURES

Chapter One
No check figures are supplied for this chapter.

Chapter Two
13. (a) Total cost = $4.40
14. (c) Cost per set = $19.68
16. (c) Net profit = $5,000
17. (a) (3) Cost per unit = $6.80
22. (b) Finished Goods Inventory = $6,000
23. (c) Product cost = $17,000
26. (a) Direct material cost = $365,170
27. (b) Direct labor cost = $250,000
28. Direct labor = $1,260
29. (b) Overhead = $8,000
30. (c) Manufacturing OH overtime shift premium = $24,000
32. (b) Cost of Goods Sold = $1,588,000
33. (b) Cost of Goods Sold = $519,600
34. (b) Direct material used = $1,170,000
35. Cost of Services Rendered = $58,190
37. (d) Sales needed = $7,980,000
38. (d) Total meals to be produced = 381,000
39. (d) Cost per person = $9.15
43. (a) Cost of goods manufactured during period = $1,680,000
46. (b) Cost of Goods Manufactured = $1,999, 500
47. (b) Cost of Goods Manufactured = $163,500
48. Case 3: Cost of Goods Manufactured = $68,900
49. (b) Cost of Goods Manufactured = $699,200
50. (b) Cost of Goods Sold = $502,740
51. (a) Total cost to account for during the first 18 days of June = $840,000

Chapter Three

Chapter Four
14. (b) MCE = 2.5%
15. (c) MCE = 47.6%
16. (c) MCE = 56.9%
17. (c) MCE = 1.8%
22. (b) Charged to department = $65,700
23. (d) Total support cost = $2,395
24. (c) Product #663 = $0.75
25. (b) Cost per unit = $5.38 (rounded)
26. (c) Pre-tax profit from hand-sewn = $40,000
27. (c) Profit per unit for tractors = $207.45 (rounded)
31. (a) Payroll taxes = $0.07 per dollar of total factory wages paid
32. (e) Housing = $224 per professional hour (rounded)
33. (a) Fixed cost = $4,000
34. (c) Cost per unit of Product B = $256.13
35. (c) Cost per unit of gazebos = $159.43
36. (f) Cost per unit of Product B = $319.25 (rounded)
37. (b) (1) Cost per unit of Product C = $41.93 (rounded)
38. (c) Cost per door = $84.69 (rounded)
39. (c) Total cost of Product #658 = $10,406,000
40. (c) Net profitability of Golden = $71,390
41. (c) Price to charge Morris = $6,636
42. (b) Manufacturing overhead rate for low-usage part = $3.44 (rounded)

Chapter Five

Chapter Six
14. (b) DM EUP = 832,000
15. (b) CC EUP = 1,251,000
16. (c) CC EUP = 148,000
17. (b) CC EUP = 797,200
18. (b) DM EUP = 765,000
19, (c) CC EUP = 143,500
20. (b) OH EUP = 548,500
21. (d) DL EUP = 368,720
22. (d) CC EUP = 2,450,250
23. Cost per DL EUP = $4.75
24. Cost per DL EUP = $4.70
25. (c) Cost per DL EUP = $0.28
26. Total cost per EUP = $4.65
27. (b) CC cost per EUP = $12.30
28. (b) Cost of ending WIP Inventory = $707,625
29. (b) Total cost transferred out = $723,735
30. (b) Total cost transferred out = $91,079
31. (b) Total cost per EUP = $1.39
32. (c) Total cost of completed beginning WIP Inventory = $33,280
33. (b) Assembly CC EUP = 34,315
34. (c) Cost transferred out = $253,840
35. (b) Cost transferred out = $213,520
36. (b) Cost of ending WIP inventory = $1,655
37. (b) Cost of ending WIP inventory = $732
38. (b) CC EUP = 177,800
39. Total cost transferred out = $44,620
40. (c) CC EUP = 60,600
41. (c) Cost of abnormal spoilage = $45,520
42. (c) Total cost transferred out = $7,434,000
43. (a) (2) Total cost per EUP = $9.10
44. (a) Total cost transferred out = $513,300
45. (c) Total cost transferred out = $998,044
46. (c) Total cost transferred out = $2,478,380
47. (a) Cost of ending WIP inventory = $13,092
48. (b) Cost of ending WIP inventory = $36,720
49. (b) Total cost transferred out = $271,300
50. Total cost transferred out = $1,410,010
51. (b) Total cost transferred out = $3,544,500
52, (c) DM = $87,500
53. (c) Total cost transferred out = $67,870
54. (b) Cost of ending WIP inventory = $390,000
55. (a) Total unit cost of Standard model = $52.50
56. (e) Total cost transferred out = $247,728
57. (a) Total cost transferred out = $234,434
58. (d) (4) Cost of ending WIP inventory = $119,060
59. Total cost transferred out = $104,545
60. Total cost transferred out = $104,624

Chapter Seven
13. (a) Standard cost per batch = $30.20
14. (a) MQV = $190 U
15. (c) MQV = $294 U
16. (b) LEV = $3,900 F
17. (b) LEV = $1,600 F
18. (c) MPV = $375 U
19. (a) MQV = $9,000 U
20. Case B LEV = $780 U
21. (a) Volume variance = $10,000 U
22. (b) Volume variance = $1,600 U
23. (a) FOH spending variance = $300 F
24. (a) OH efficiency variance = $40,000 F
25. (d) Noncontrollable variance = $201,600 U
26. Debit adjustment to WIP Inventory for MPV = $435
28. (a) Total budget should be $207,965
32. (a) Efficiency variance = $20,400 F
33. MPV = $906.95 U
34. LRV = $3,500 U
35. (a) LMV = $4,770 U
36. LEV = $5,000 U
37. (a) LEV = $9,600 U
38. (g) LRV = $154 F
39. (b) LEV = $625 U
40. (a) LRV = $62,300 U
41. (b) VOH efficiency variance = $2,400 U
42. (a) VOH efficiency variance = $400 U
43. (e) VOH efficiency variance = $16,000 U
44. (b) VOH efficiency variance = $20,700 U
45. (c) LRV = $450 U
46. (c) VOH efficiency variance = $60 F
47. (c) Debit adjustment to RM Inventory = $3,416.40
48. (a) (4) LEV = $5,400 U
50. (b) Efficiency variance = $60,000 U
51. (d) Variable conversion efficiency variance = $1,620 U
52. (b) Labor mix variance = $4,072 U
53. (b) Labor mix variance = $412 F

Chapter Eight
17. Total projected revenue = $483,000
18. Most financially beneficial scenario would be C at $13,085,000
19. Budgeted production for March = 65,280
20. Production for 4th quarter = 552,500
21. Yards to purchase = 39,840
22. (b) Total cost of gravel = $282,985
23. (b) Total cost of Material A & B purchases = $50,780.50
24. (a) Total collections in March = $36,732
25. (a) Total December collections = $136,000
26. (c) Total June collections = $717,625
27. (c) Total October collections = $627,975
28. Ending cash balance = $212,150
29. (b) Total cash disbursements = $2,077,000
30. Ending cash balance in June = $3,690
31. (d) Ending cash balance = $5,600
32. Net income before taxes = $67,750
33. (a) Ending balance of A/R = $963,000
34. Net income = $75,000
35. (c) Net income = $390,000
40. Total cost of Material B purchases for 2008 = $1,789,650
41. March purchases in pounds for Material N = 58,750
42. (d) Total cost of purchases = $716,781
43. Cost of overhead = $1,032,160
44. (e) Ending cash balance for March = $15,709.93
45. (c) Fixed S&A expenses = $225,000
46. (d) Cash available = $8,860
47. (e) August purchases = $525,000
48. Disbursements for direct material in 2010 = $249,167
49. January 31, 2009 cash balance = $523,000
50. (a) Total payments for material purchases in May = $1,156,000
51. (d) Cash balance at August 31, 2009 = $28,810
52. (c) Income before taxes = $4,575,000
53. (b) Total assets at November 30, 2009 = $218,600,000
54. (d) Budgeted direct labor cost = $2,270,000
55. Net income for the first quarter of 2009 = $95,963
56. (a) Net operating earnings = $940,780
57. (a) Operating income = $179,600

Chapter Nine

Chapter Ten

Chapter Eleven
12. (b) Increase in income = $12,600,000
13. (b) Total joint cost = $72,000
14. (b) Joint cost allocated to oil = $76,160
15. (b) Joint cost allocated to News = $1,440,000
16. (a) Joint cost allocated to body splash using approximated NRV = $259,200
17. (c) Joint cost allocated to JP-4587 = $158,100
18. (b) Joint cost allocated to butter = $14,400
19. (a) Net benefit of processing yarn further = $12,000
20. (b) Additional potential profit = $52,000
21. (c) Incremental benefit of processing jackets further = $9,000
22. (b) Joint cost allocated to Rental = $10,500
23. (b) Overhead cost assigned to Adult program = $13,390
25. Joint cost assigned to Good units = $115,050
26. (b) Total inventory value for Smoked = $3,252
28. (a) Joint cost allocated to Sequel = $13,171,200
29. Reduction of joint cost = $1,440,000
30. (c) Net income before taxes = $178,680
31. (c) Underapplied overhead = $2,280
32. (d) Total cost of job = $3,017.20 (OH rate was rounded)
34. (b) Joint cost allocated to Fundraising = $3,600
37. (a) Joint cost allocated to Fantasy = $12,825
38. (b) CGS for Meal = $29,880,000
39. (b) Cost of ending FG Inventory for Skim = $1,430
40. (c) Cost of ending FG Inventory for Oil = $6,573,600
41. (c) Cost of ending FG Inventory for Cream = $202.50
42. (a) Joint cost allocated to Checking = $232,000
43. (c) Joint cost allocated to Premium = $11,665 (rounded)
44. (d) Joint cost allocated to Personal Training = $51,350
45. (e) Joint cost allocated to Juice = $107,980
46. (c) Joint cost allocated to Corma = $150,000 (rounded)
47. (a) Joint cost allocated to Roast based on SV at split-off = $24,768 (rounded)
48. (b) Joint cost allocated to Robes = $32,384
51. (c) Joint cost allocated to Fundraising = $18,000

Chapter Twelve

Chapter Thirteen
21. Sales volume variance = $240,000 F
22. Sales volume variance = $5,000 F
23. Sales volume variance = $12,000 F
24. (b) From Administration to Finishing = $116,667 (rounded)
25. Total cost of Loans = $485,000
26. Total cost of Loans = $494,667
27. (b) Total cost of Finishing = $267,817
28. Total cost of Loans = $489,089
29. (d) Total cost of RP2 = $267,029
31. (b) Minimum price = $108.75
32. (c) $45 per unit
33. (a) Lower limit = $34.50
35. (b) $0.665 per minute
39. (b) Total manufacturing costs variance = $984,000 F
40. (b) Total variance = $50,500 F
41. (a) Total variance = $370,000 F
42. (b) Net operating income = $4,050
45. (d) Total sales variance = $103,000 U
46. (b) Total sales volume variance = $24,300 U
47. Total cost assigned to Out-Patient = $832,500
48, (b) Income of Residential = $3,851,334
49. Total cost assigned to College Texts = $2,702,566
50. (e) Total cost assigned to Advertising = $1,344,432
51. (a) Total cost assigned to Processing = $5,191,480
53. (b) Case 2 transfer price = $42
54. (b) Lower limit = $5,232
56. (b) Contribution margin = $600,000
57. (a) Transfer price = $44

Chapter Fourteen

Chapter Fifteen

Chapter Sixteen

Chapter Seventeen
17. (b) Yield to sigma = 720,000
28. (b) Total variance = (12)%
29. (a) Total variance = (5)%
32. Total quality cost = $579,200
33. (e) Total quality cost = $122,120
41. (b) Desktop and Laptop together account for about 82% of all failure costs
42. (b) Elegant and Chic together account for 79% of all failure costs
45. (c) Total quality cost = $480,600
46. (c) Total quality cost = $350,500
47. (a) (3) Total quality cost = $189,700
48. (a) (3) Total quality cost = $194,400