Problems in Cost Accounting

Cover Problems in Cost Accounting
Problems in Cost Accounting
De Witt Carl Eggleston
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OVERHEAD 127 Dept. B.
Overhead $16, 152 Direct labor $64, 608 $16, 152 -T- $64, 608 = 25 per cent.
Dept. C.
Overhead $8, 302 Direct labor $16, 604 $8, 302 -T- $16, 604 = 50 per cent.
Part 2. Distribution of overhead or burden according to "productive hours" method.
Dept. A.
Overhead $11, 834 Productive hours 17, 624 $11, 834 -T- 17, 624 = 67. 1 cents per hour.
Dept. B.
Overhead $16, 152 Productive hours 30, 842 $16, 152 -r- 30, 842 = 52. 3 cents per hour.
Dept. C.
Overhead $8, 302 Productive ho
...urs 55, 075 $8, 302 -T- 55, 075 = 15 cents per hour.
Part 3. Ratio of shipping, selling and general expenses to cost of sales.
Shipping, selling and general expenses $30, 002 Cost of sales $120, 000 $30, 002 -f- $120, 000 = 25 per cent.
Problem 38 Part 1. From the following data make a calculation of the ratio of indirect expense to direct labor: 128 PROBLEMS IN COST ACCOUNTING Factory Burden, 1917 Total Dept. A Dept. B Dept. C Changes in plant $350 950 95 37 100 3, 600 10, 500 10, 500 1, 700 4, 300 3, 000 635 1, 250 275 $100 250 20 10 25 1, 000 3, 000 2, 500 500 1, 100 800 200 300 90 $120 300 30 12 35 1, 200 3, 500 3, 500 550 1, 400 1, 000 210 400 75 $130 400 45 15 40 1, 400 4, 000 4, 500 650 1, 800 1, 200 225 550 110 Depreciation Gas Injuries Insurance Light, Heat, Power Nonproductive Labor Rent Salaries: Administration Clerical Inspection Taxes Waste, Oils, Chemicals Unclassified Total $37, 292 $9, 895 $12, 332 $15, 065 Direct Labor $19, 790 $32, 880 $60, 260 Part 2.


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