University of California Accounting Job Order Costing Worksheet
Question Description
Complete the following questions using Microsoft Excel. Show the method of work or the formulas that you follow to get the the results (All amounts in SAR except units.)
Given the following information for Dorttmund Corporation: |
|
Advertising costs |
320,000 |
Office rent |
240,000 |
Direct materials |
800,000 |
Delivery vehicle depreciation |
90,000 |
Factory repair and maintenance |
420,000 |
Sales salary |
510,000 |
Indirect labor |
220,000 |
Manufacturing equipment depreciation |
180,000 |
Administrative salaries |
360,000 |
President’s salary |
700,000 |
Sales revenue |
5,200,000 |
Indirect materials |
190,000 |
Direct labor |
1,500,000 |
Machine hours |
2,000 |
Direct Labor hours |
10,000 |
Machine hours per unit |
3 |
Direct labor hours per unit |
6 |
Direct materials per unit |
? |
Units manufactured |
500 |
Units sold |
350 |
a.Identify (list) and total period costs
b.Calculate overhead per unit based on machine hours
c.Calculate total product costs for units manufactured
d.Calculate total cost of goods sold
e.Prepare income statement in good form assuming no beginning inventory
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