Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

At Safari Manufacturing Company. It has 1 production department, namely Cutting and Assembly. Information about 20x6 activities is as follows. Indirect workmanship Material heat, light,

At Safari Manufacturing Company. It has 1 production department, namely Cutting and Assembly. Information about 20x6 activities is as follows. Indirect workmanship Material heat, light, energy Balam, fix it Surveillance Factory Rental Hardware Depreciation Insurance 735.000 TL 1.400.000 TL 140.000 140,000 350,000 315,000 525,000 350,000 350,000 7 0 0 . 0 0 0 175,000 175,000 525,000 350,000 175,000 210,000 2.975.000 TL 3.675.000 TL 1.1.20x6 Stock Balances Raw material (25 types) In other words, finished product (in assembled) Finished product 350,000 TL. 210,000 70,000 The overall production costs budget for the year 20x6 is as follows: The budgeted machine hours were 85,000 and the budgeted direct labor costs in the assembly department were 7,350,000 TL. General manufacturing costs were charged as a lump sum, based on the machine hours budgeted in the cutting department and the budgeted direct labor costs in the assembly department. Actual data on the activities of the period were as follows: a. raw material alislan b. Cost of raw material c. Direct labor cost D. GIM-fill, to. GIM-loaded 1. Cost of goods completed g. sales h. Cost of goods sold Cutting 3.500.000 2.800.000 3.500.000 2.800.000 Montai 2,100,000 9:100,000 3,500,000 ? Total 6,125,000 TL 5.600.000 11.900.000 7.000.000 ? 24,885,000 42,000,000 24,850,000 Cutting Montai End of period semi-finished product stock (all in assembly) was 175.000 TL. ) REQUESTED 1. Calculate the charges for charging. 2. Calculate the hours of the machine working with plug. 3. Calculate the amount of general manufacturing costs charged to manufacturing in the Assembly Department. 4. Arrange a scaling geur table until the gross profit amount is reached. Selling of missing or overloaded GIM Assume that you are covered by the cost of the goods.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting for Governmental and Nonprofit Entities

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

16th Edition

78110939, 978-0078110931

More Books

Students also viewed these Accounting questions