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50th Anniversary Party Cost incurred Previous Month Current Month Planning Supplies 250 Computer Time (25 hrs.*75/hr) Labor 1,250 Overhead (40% of labor) Caterer Food 950
50th Anniversary Party Cost incurred Previous Month Current Month Planning Supplies 250 Computer Time (25 hrs.*75/hr) Labor 1,250 Overhead (40% of labor) Caterer Food 950 12,535 Desert 575 Direct Labor 200 3,450 Overhead (50% of labor) Other Costs Rental of facility 90 2,500 Cleanup 1,350 Profit is 25 percent
| 50th Anniversary Party | ||||
| Cost incurred | Previous Month | Current Month | ||
| Planning | ||||
| Supplies | 250 | |||
| Computer Time (25 hrs.*75/hr) | ||||
| Labor | 1,250 | |||
| Overhead (40% of labor) | ||||
| Caterer | ||||
| Food | 950 | 12,535 | ||
| Desert | 575 | |||
| Direct Labor | 200 | 3,450 | ||
| Overhead (50% of labor) | ||||
| Other Costs | ||||
| Rental of facility | 90 | 2,500 | ||
| Cleanup | 1,350 | |||
| Profit is 25 percent |
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
