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Question 1: Company A produces X, Y and Z. In the current period Company A produced 100.000 X, 180.000 Y and 150.000 Z. Manufacturing
Question 1: Company A produces X, Y and Z. In the current period Company A produced 100.000 X, 180.000 Y and 150.000 Z. Manufacturing requirements and unit costs are given below: Manufacturing Input Direct Material Z Units Costs 8 m 7 hours 6 m 4 hours 4 m 150 TL/m 5 hours 80 TL/hour Question 2: Calculate Costs of Ending WIP Inventory-Shaping, Ending WIP Inventory-Insertion and Finished Goods Inventory (45 pts) Data for December Units: Shaping Department Insertion Department Beginning Work in Process Inventory 8.000 units Production started 30.000 units Transferred in From Previous Department Completed Units 25.000 units 30.000 units Ending WIP Inv. 5.000 units 3.000 units Completed as to Direct Material % 60 %50 Completed as to Conversion Work % 80 %60 Beginning Work in Process Inventory $39.500 Transferred in from Previous Department Direct Materials Added $112.000 $94.500 $87.000 $79.500 Direct Labor Manufacturing Overhead Expense is 217.000.000 TL and will be allocated to products based on Direct Labor Hour. Required: a) What is manufacturing overhead allocation rate? (5pts) b) What is the unit manufacturing cost of each product? (25pts) Costs: Conversion Costs Added Question 3: Allocate expenses from support departments to main departments by using step down method. (25 pts) Expenses Support Departments Catering | Maintenance IS 2.000.000 | 1.800.000 Main Departments Shaping Insertion Totals 900.000 17.100.00 18.200.000 40.000.000 # of employees 5 10 4 Book value of 200 500 1.000 51 10.000 35 9.000 105 20.700 machines # of computer 10 50 150 2.800 2.300 hours Totals
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