Kelompok kelompok 8 :

1. Denia Khaerunissa (8)

2. Devi Bertha Sitorus (9)
3. Rama Tri Sakria (27)
4. Yeriko Bagas Christianto (37)

P5-4
Columbus Company
Cost of Goods Sold Statement
October 31, 20..

Direct Materials
Materials and supplies, October 01
Purchase
Materials available for use
less : Materials and supplies, October 31
Supplies used
Direct Materials Used
Direct Labor
Applied Factory Overhead
Manufacturing Cost
Add : Work In Process, october 01

Less : Work In Process, october 31

Cost of Goods Manufacture
Add : finished Goods, October 01

Less : finished Goods, October 31

Cost of Goods Sold

Columbus Company
Income Statement
October 31, 20..
Sales
Less : Sales Return and allowance
Net Sales
Cost Of Goods Sold
Gross Profit
Operating Expense
Marketing Expense
Depreciation - Building
Depreciation -office equipment
 Administrative Expense
Depreciation - Building
Depreciation -office equipment
Income From Operating

Amount of overapplied or underapplied factory overhead :

Actual factory overhead :
Factory overhead
Indirect materials
Depreciation—building
Depreciation—machinery and equipment
Indirect labor

Applied factory overhead

Underapplied factory overhead

P5-6
1)
JUAREZ INC.
Cost Sheet To Post Beginning Inventory Data
March 01

Job 621 Job 622

Materials 2.800 3.400
Labor 2.100 2.700
FOH 1.680 2.160
Total 6.580 8.260
b) Materials 5.300 7.400
c) materials (400)
f) Labor 6.420 8.160
h) FOH 5.136 6.528
Total 23.436 29.948
i) transferred to the finished goods
transferred
werehouse
to the finished goods werehouse

Account Title Debit

2) Materials 19.000
a) Account Payable
n/30

b) Work In Process 18.600

FOH Control 2.400
 Materials

c) Materials 600
FOH Control
Work In Process

d) Account Payable 800

Materials

e) Payroll 38.000
Accrued Payroll

f) Work In Process 20.900

FOH Control 7.600
Sales Salaries Exp 5.700
Administrative Salaries Exp 3.800
Payroll

g) FOH Control 9.404,50

acc. Depreciation- Building and equipment
Prepaid Insurance
Account Payable

h) Work In Process 16.720

FOH Control

i) Finished Goods 53.384

Work In Process

j) Account receivable 74.738

sales
Cogs 53.384
Finished Goods

k) Cash 69.450
Account receivable

3) JUAREZ INC.
Schedule of Inventory
March 31

Materials
Work In Proces (Job 623)
Finished Goods
Total

Materials
begin 17.000 21.000 begin
purchase 19.000 800
600
total 36.600 21.800
14.800 Total

P5-8
a) Cash
begin 47.000 37.680
247.000 85.000
294.000 122.680
171.320

Materials
21.500 115.695
115.020
136.520 115.695
20.825

Common Stock
100.000
100.000

Factory Overhead Control Marketing and administrative salaries exp

12.000 42.750
7.520 1.450
24.680
44.200 44.200
-

Cost of Goods Sold

190.350
1.450
191.800

2) Account Title Debit

a) Materials 115.020
Account Payable

b) Payroll 110.000
Accrued Payroll

c) Work In Process 78.000

Factory Overhead Control 12.000
 Marketing and administrative salaries expense 20.000
Payroll

d) Work In Process 108.175

Factory Overhead Control 7.520
Materials

e) Work In Process 42.750

Applied Factory Overhead

f) Finished Goods 190.350

Work In Process

Job 101 Job 102

5.500 2.000
20.000 40.000
51.600 42.000
11.250 18.000
88.350 102.000

Account Receivable 255.000

sales
Cost of Goods Sold 190.350
Finished Goods

g) Cash 247.000
Sales Discount 13.000
Account Receivable
** A x 5% = (A-247.000)
A = 20A - 4.940.000
19A = 4.940.000
A = 260.000

h) Marketing and administrative salaries expense 15.000

Factory Overhead Control 24.680
Cash
Acc. Dep-Machinery

i) Account Payable 85.000

Cash

j) Applied Factory Overhead 42.750

Factory Overhead Control
Cost of Goods Sold 1.450
Factory Overhead Control

3) Jackson Company
Trial Balance
January, 31
Account title Debit

Cash 171.320
Account Receivable 45.000
Finished Goods 32.500
Work In Process 46.075
Materials 20.825
Machinery 45.300
Acc. Dep-Machinery
Account Payable
Common Stock
Retained Earnings
Payroll
nt

40.700
24.800
65.500
31.750
3.950
29.800
18.600
27.450
75.850
4.070
79.920
4.440
75.480
9.800
85.280
9.250
76.030

144.900
1.300
143.600
76.030
67.570

25.050
30
16 25.096
 19.700
20
24 19.744
22.730

20.100
3.950
150
800
4.400
29.400
27.450
1.950

Job 623
1.800
1.350
1.080
4.230
5.900

6.320
5.056
21.506
Still In Process

Credit

19.000
 21.000

200
400

800

38.000

38.000

2.000
250
7.154,50

16.720

53.384

74.738

53.384

69.450

14.800
21.506
15.000
51.306

Work In Process Finished Goods

 19.070 400 begin 15.000 53.384
18.600 53.384 53.384
20.900 total 68.384 53.384
16.720 15.000
75.290 53.784
21.506

Account Receivable Finished Goods

50.000 260.000 32.500 190.350
255.000 190.350
305.000 260.000 222.850 190.350
45.000 32.500

Machinery Acc. Dep-Machinery

45.300 10.000
45.300 2.000
12.000

Retained Earnings Payroll

34.925 110.000 110.000
34.925 -

Marketing and administrative salaries expense Applied Factory Overhead

20.000 42.750 42.750
15.000 -
35.000

Sales Discount
13.000
13.000

Credit

115.020

110.000
110.000

115.695

42.750

190.350

255.000

190.350

260.000

37.680
2.000

85.000

42.750

1.450

Jackson Company
Cost of Goods Sold Statement
January, 31
 Direct Material Used
Cedit Direct Labor
Applied Factory Overhead
Total Manufacturing incurred
Add : Work In Process, January 01

Less : Work In Process, January 31

Cost of Goods Sold
Add: Underapplied Factory Overhead
12.000 Cost of Goods Sold, as adjusted
88.895
100.000
34.925
Work In Process
7.500 190.350
78.000
######
42.750
###### 190.350
46.075
Account Payable
85.000 58.875
115.020
85.000 173.895
88.895
Accrued Payroll
110.000
110.000

sales
255.000
255.000
108.175
78.000
42.750
228.925
7.500
236.425
46.075
190.350
1.450
191.800