Scribd Logo
Upload

Welcome to Scribd!

  • 76 views

    Resume Cost Accounting #Meeting4

    Uploaded by

    Doni
    The document discusses different costing methods: 1) Cost pools are groupings of indirect costs that are allocated to cost objects. Cost tracing assigns direct costs and cost allocation assigns indirect costs. 2) It provides an example comparing actual and normal costing for Job 635. Normal costing allocates more manufacturing overhead costs, resulting in a higher total cost. 3) The document asks to calculate interior and exterior door costs under simple and activity-based costing and explains why the methods give different results. Activity-based costing allocates overhead based on actual consumption of resources like machine hours rather than a single rate.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Resume Cost Accounting #Meeting4

    Uploaded by

    Doni
    76 views4 pages
    The document discusses different costing methods: 1) Cost pools are groupings of indirect costs that are allocated to cost objects. Cost tracing assigns direct costs and cost allocation assigns indirect costs. 2) It provides an example comparing actual and normal costing for Job 635. Normal costing allocates more manufacturing overhead costs, resulting in a higher total cost. 3) The document asks to calculate interior and exterior door costs under simple and activity-based costing and explains why the methods give different results. Activity-based costing allocates overhead based on actual consumption of resources like machine hours rather than a single rate.

    Original Description:

    Resume Cost Accounting

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document discusses different costing methods: 1) Cost pools are groupings of indirect costs that are allocated to cost objects. Cost tracing assigns direct costs and cost allocation assigns indirect costs. 2) It provides an example comparing actual and normal costing for Job 635. Normal costing allocates more manufacturing overhead costs, resulting in a higher total cost. 3) The document asks to calculate interior and exterior door costs under simple and activity-based costing and explains why the methods give different results. Activity-based costing allocates overhead based on actual consumption of resources like machine hours rather than a single rate.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    76 views4 pages

    Resume Cost Accounting #Meeting4

    Uploaded by

    Doni
    The document discusses different costing methods: 1) Cost pools are groupings of indirect costs that are allocated to cost objects. Cost tracing assigns direct costs and cost allocation assigns indirect costs. 2) It provides an example comparing actual and normal costing for Job 635. Normal costing allocates more manufacturing overhead costs, resulting in a higher total cost. 3) The document asks to calculate interior and exterior door costs under simple and activity-based costing and explains why the methods give different results. Activity-based costing allocates overhead based on actual consumption of resources like machine hours rather than a single rate.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 4

    Doni Setiawan

    1192923001

    Cost pool––a grouping of individual indirect cost items.


    Cost tracing––the assigning of direct costs to the chosen cost object.
    Cost allocation––the assigning of indirect costs to the chosen cost object.
    Cost-allocation base––a factor that links in a systematic way an indirect cost or group of
    indirect costs to cost objects.

    1. Compute the actual and budgeted manufacturing overhead rates for 2017

    2. During March, the job-cost records for Job 635 contained the following information:
    Direct materials used $73,500
    Direct manufacturing labor costs $51,000

    Costs of Job 635 under actual and normal costing follow:


    Actual Costing Normal Costing
    Direct Materials $73,500 $73,500
    Direct Manufacturing labor cost $51,000 $51,000
    Manuacturing overhead cost
    $51,000x1,68;$51,000x1,80 $85,680 $91,800
    Total manufacturing cost of job 635 $210,180 $216,300
    3. Total manufacturing overhead allocated under normal costing
    = Actual manufacturing labor costs × Budgeted overhead rate
    = $2,250,000 × 1.80
    = $4,050,000

    Overallocated manufacturing overhead


    = Manufacturing overhead allocated – Actual manufacturing overhead costs
    = $4,050,000 - $3,780,000
    = $270,000

    Kesimpulan :

    Tidak ada kekurangan atau kelebihan dari biaya lain lain dibawah biaya actual, sebab biaya lain lain
    tersebut sudah dialokasikan.
    1. Calculate the cost of an interior door and an exterior door under the existing simple costing
    system.

    Total indirect costs


    = $95,000 + $45,000 + $25,000 + $60,000 + $8,000 + 3%[($125 x 3,200) + ($200 x 1,800)]
    = $255,800

    Total machine-hours
    = 5,500 + 4,500 = 10,000

    Indirect cost rate per machine-hour


    = $255,800 : 10,000
    = $25.58 per machine-hour

    a
    $30 × 3,200 units; $45 x 1,800 units
    b
    $16 × 1.5 × 3,200 units; $16 x 2.25 x 1,800 units

    2. Calculate the cost of an interior door and an exterior door under an activity-based costing
    system.

    Activity-based costing system


    3. Compare the costs of the doors in requirements 1 and 2. Why do the simple and activity
    based costing systems differ in the cost of an interior door and an exterior door?

    Sehubungan dengan sistem ABC, simple costing membebankan biaya lebih pada pintu interior
    dan biaya pada pintu eksterior. Pintu interior membutuhkan 1,72 jam mesin per unit (5.500
    jam ÷ 3.200 unit) sedangkan pintu eksterior membutuhkan 2.5 jam mesin per unit (4.500 jam
    ÷ 1.800 unit). Dalam menetapkan simple costing, biaya overhead dialokasikan ke pintu interior
    dan eksterior berdasarkan jam mesin yang digunakan oleh setiap jenis pintu.

    You might also like