Part I- Exercise cost per orders (Value: 14 points)

	1/1/xx	31/12/xx
Materials Inventory	$ 23,000	$ 14,500
Inventory of products in process (Work in Process)	-0-	$27,000
Inventory of finished products	$11,300	$26,200

Other data (applies to the period from 1/1 / xx to 31/12 / xx)

The prime costs were $ 369,750.

Materials were purchased 10 times the amount of what was in materials inventory at the beginning of the year.

Direct Labor costs represent 45% of the conversion costs which were $ 375,000.

The company generates, on average, 25% of gross profit (Gross Margin).

Required:

1. Calculate the following games for 20xx:

to. Cost of materials used (Direct Materials Used)

b. Direct Labor Cost

c. Indirect factory costs incurred (Manufacturing Overhead)

d. Cost of Goods Manufactured

and. Unit cost (1,200 units are produced)

F. Sales of the period

g. Cost of goods sold

Part II- Procedural cost (Value: 10 points)

Corp. Alcanza adds the materials early in its production process and adds them evenly to the conversion costs. At the beginning of June 20xx, inventory in process was 25% complete; at the end of the month, it was 60% complete. Other important information is disclosed below:

Initial inventory of goods in process	1,300 unidades
Units started during the period	3,250 unidades
Units completed during the period	3,275 unidades
Conversion costs	$640,000
Direct materials used	$295,000
Starting inventory costs
Materials	$180,000
Conversion	$ 120,000

Required:

1. Prepare the cost report for June 20xx.

Part III- Question (Value: 6 points)

1. Compare and contrast the accounting according to both methods (establishes two similarities and two differences).

2. Establish in which of the cost systems it is more practical to do a cost-benefit analysis and in which to apply a cost per volume analysis (use the textbook and the presentation of module 2 as a basis for answering).