
Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen
النسخة 1الرقم المعياري الدولي: 978-0538736787
Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen
النسخة 1الرقم المعياري الدولي: 978-0538736787 تمرين 35
COST INFORMATION
During June, Herring Associates incurred total production costs of $40,000 for copyediting manuscripts and had the following equivalent units schedule:
Required:
1. Calculate the cost of copyediting one manuscript for June.
2. Assign costs to manuscripts completed and to EWIP and then do a cost reconciliation.
3. What if the costs assigned to tests completed and EWIP total were calculated using a unit cost of $250? What is the discrepancy between the costs assigned and the costs to account for? What could have caused an incorrect unit cost?
During June, Herring Associates incurred total production costs of $40,000 for copyediting manuscripts and had the following equivalent units schedule:
Required:
1. Calculate the cost of copyediting one manuscript for June.
2. Assign costs to manuscripts completed and to EWIP and then do a cost reconciliation.
3. What if the costs assigned to tests completed and EWIP total were calculated using a unit cost of $250? What is the discrepancy between the costs assigned and the costs to account for? What could have caused an incorrect unit cost?
التوضيح
1)
Compute cost of copyediting:
Unit c...
Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen
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