Cost Accounting :

Cost Behavior Analysis

Tugas Kelompok 1
NAMA ANGGOTA

NIM

DAMAR PURNAMA

1901535254

ERDY DEVO

19015560006

KHOIRUL AFNAN

1901534213

MELATI KARTIKA

1901548710

WAHYU JULIA PUTRA

1901548225

Question
no 1

Answer
1
VC 20B
=
VC 20A X 85%
$ 11.571.000 X
85%

Based
Based on
on
calculation,
calculation,
Surfing
Surfing
Corporation
Corporation
variable
variable costing
costing
at
20B
at 20B is
is $
$
9.835.350
9.835.350

$ 9.835.350
Totat Cost Variable Cost + Fixed
=
Cost
$ 9.835.350 + $
7.623.000

Revenue
20B =

Revenue 20A X
85%
$ 19.950.000 X
85%
$ 16.957.500

Based
Based on
on
calculation,
calculation,
Surfing
Surfing
Corporation
Corporation
Revenue
Revenue at
at
20B
is
$
20B is $
$16.957.500
$16.957.500

Surfing Corporation
Income Statement
For ended 20B

$ 17.458.350
Based
Based on
on calculation,
calculation,
Surfing
Corporation
Surfing Corporation Total
Total
Cost
Cost at
at 20B
20B is
is $
$ 17.
17.
458.350
458.350

Revenue
Cost of
Sales
Income
( Loss)

$
16.957.500,00
$
17.458.350,00
$
(500.850,00)

Surfing
Surfing
Corporation
Corporation at
at 20B
20B
loss
$
500.850
loss $ 500.850

Question
no 2

Answer
2

Eccles Company
Cost of Goods Manufacturing and Sold Statement
For the Year Ending December 31

Beginning work in process inventory,

Jan 1

$
5.000

Manufacturing costs during the year :

Direct Material :
Beginning inventory, Jan 1
Add purchases
Direct material available :
(-) Ending inventory, Dec 31
Direct material put into production
Direct Labor cost
Manufacturing Overhead Applied WP
Miscellaneous Overhead Cost

$
8.000
$
132.000
$
140.000
$
10.000
$
130.0001
$
90.000
$
210.000
2
$
10.000
$

Eccles Company
Income Statement
For the Year Ending December 31,
XXX
3

Sales of revenue

643.000

Cost of goods sold (B)

470.000

Gross Margin

173.000

Selling Expenses

100.000

Adm
Expenses
Based
on above

43.000
Based on above calculation :
1. Cost of goods manufacturing30.000
is $ 425.000
Operating profit
2. Cost of goods sold is $ 470.000
3. Operating Profit Eccles Company for Dec 31 is $ 30.000

Question
no 3

Answer
3
1
1

Journal entries to record precending

transactions

a. Raw material

410.000,00

Cash/ Account payable

410.000,00

380.000,00

475.000,00

( To record raw material purchased )

b. Work in process
Manufacturing OH

360.000,00

20.000,00

Raw material
( To record raw material used to
production )

c.

Work in process

75.000,00

Manufacturing OH

110.000,00

Sales expenses

90.000,00

Administrative expenses

200.000,00

Wages payable
( To record accurued cost for employee services )

f.

Advertising expenses

180.000,00

Cash/ Account payable

180.000,00

350.000,00

( To record advertising cost )

g. Manufacturing OH
Depreciation expenses

280.000,00

70.000,00

Accumulated depreciation

( To record depreciation factory operation and selling & Adm activity )

i.

Predetermined overhead rate = Estimated OH / Estimated allocation cost

Predetermined
hours
h. Manufacturing
OHoverhead rate = $ 450.000/ 75.000
$ machine
7.000,00
Insurance
expenses
=

$ 6 per machine hours$

3.000,00
$
10.000,00

Prepaid insurance
Applied
in insurance
OH cost = $expired
6 X actual
( To
record
) machine hours
j.

Finished
goods
=

$ 6 X 80.000

900.000,00

Work in process
=
$ 480.000
( To record goods completed )

k. Cash/ Account receivable

Cost of goods sold

$
$

1.500.000,00
870.000,00

900.000,00

2
2

Is manufacturing OH overapplied or
underapplied ??

Actual OH cost based on machine

hours :
$
480.000,00

Manufacturing OH :
raw material used to production

20.000,00

cost for employee services- indirect

110.000,00

utility cost at factory

43.000,00

depreciation factory
operatio
Manufacturing
OH
insurance
expired
Cost
of goods sold

$
$

280.000,00
$
20.000,00
7.000,00

$
$
Income statement for the year ended December 31,
3
manufacturing OH
460.000,00
3To record
(Total
2014 overapplied OH cost ) Clever Corporation
$
Over/ under applied OH
20.000,00
Income Statement
For the Year Ended Dec 31, 2014

Sales of revenue

(-) Cost of goods sold

20.000,00

( Overapplied )

1.500.000,00
850.000,00

Gross profit margin

(-) Others expenses

Sales expenses

90.000,00

Administrative expenses

200.000,00

Sales travel

17.000,00

650.000,00