Question
Le commis comptable de Socit Lucie lte, Simon, tait en train de prparer les tats financiers pour l'anne se terminant le 31 dcembre 2021 lorsqu'un
Le commis comptable de Socit Lucie lte, Simon, tait en train de prparer les tats financiers pour l'anne se terminant le 31 dcembre 2021 lorsqu'un incendie majeur s'est dclar dtruisant tous les renseignements concernant les stocks. Heureusement, quelques renseignements ont pu tre rcuprs d'un autre service. Ils sont communiqus ci-dessous :
Achats de matires premires $120,000
Cot total de fabrication $530,000
Cot des produits fabriqus $580,000
Cot des produits vendus $630,000
Bien que ces renseignements soient utiles, Julie, l'autre commis comptable lui dit que les renseignements suivants sont galement ncessaires.
Les stocks au bilan en date du 31 dcembre 2020 sont:
Stock de matires premires $15,000
Stock de produits en cours 55,000
Stock de produits finis 155,000
C'est alors que Simon s'est rappel que les notes qu'il avait prcises d'un autre document disaient que la main d'oeuvre directe pour 2021 reprsentait 40 % du total des cots de fabrication engags et aussi 80 % des frais indirects de fabrication de la priode.
Quel est le cot de transformation ?
a) 477 000 $ b) 302 500 $ c) 600 000 $ d) 444 500 $
ENGLISH
Socit Lucie lte's accounting clerk, Simon, was preparing the financial statements for the year ending December 31, 2021 when a major fire destroyed all inventory information. Fortunately, some information was recovered from another department. It is provided below:
Raw material purchases $120,000
Total manufacturing costs $530,000
Cost of goods manufactured $580,000
Cost of goods sold $630,000
While this information is useful, Julie, the other accounting clerk, tells him that the following information is also necessary.
The inventory on the balance sheet as of December 31, 2020 is:
Raw material inventory $15,000
Inventory of work in progress 55,000
Finished goods inventory 155,000
It was then that Simon remembered that the notes he had accurate from another document said that direct labor for 2021 was 40% of the total manufacturing costs incurred and also 80% of the indirect manufacturing costs for the period.
What is the processing cost?
a) 477 000 $ b) 302 500 $ c) 600 000 $ d) 444 500 $
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started