Download - Ch 2 Check Figures
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Key Figures - HMS 4E
CHAPTER 2
2.33 Cost of goods sold, $1,239,000
Operating profit, $221,000
2.38 Cost of goods sold, $3,060,000
Operating profit, $340,000
2.39 a. Cost of raw material purchased, $1,770,000
c. Cost of goods manufactured, $6,004,000
2.40 Cost of goods sold, $283,200
Operating profit, $18,300
2.41 Cost of goods sold, $62,550
Operating profit, $10,250
2.42 Total costs for 1,400 units, $431,040
2.44 b. Contribution margin, $926,000
2.45 a. Standard cost per unit under absorptioncosting, $12
c. Cost of goods sold under absorption costing,$1,500,000
d. Difference in reported income, $50,000
2.46 b. Unit cost under variable costing, $4.80
e. Unit cost under absorption costing, $7.20
2.47 3 (b) Difference in reported income, $330,000
2.48 Operating income in month 1, $4,000
2.49 Operating income in month 2, $6,400
2.50 Operating income in month 1, $4,000
2.51 a. Operating profit, $504,800
b. Operating profit, $462,800
2.52 b. Total inventoriable costs, $520,000
2.53 a. Ending inventory, $7,200
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c. Ending inventory, $4,000
2.55 b. Ending finished-goods inventory, $173,400
d. Ending material inventory, $59,200
f. Cost of goods sold, $1,485,300
2.56 a. Difference in operating profit (status quoversus rent equipment), $850,000
b. Difference in operating profit (status quoversus rent equipment), $116,500
2.57 a. Cost of goods manufactured, $610,000
b. Cost of goods sold, $580,000
2.58 20x2 forecast for direct material, $3,480,000
2.62 Cost of goods sold, $490,8502.63 a. Beginning material inventory, $2,800
g. Manufacturing overhead, $117,300
2.64 b. Unit variable cost, $85
g. Unit contribution margin, $90
2.65 b. Conversion cost, $34,000
e. Cost of goods sold, $53,500
2.66 Cost per case: option 4, $46
2.67 a. Year 1 operating profit, $170,000
b. Year 2 operating profit, $95,000
2.68 a. Contribution margin, $208,480
2.69 a. Operating profit: variable costing, $183,000
b. Absorption cost per unit, $4.10
2.70 a. Value of ending inventory, $1,200,000
c. Budgeted fixed manufacturing overhead per
unit, $5
2.72 Operating income in year 2: variable costing,$2,950,000
Operating income in year 2: absorption costing,$3,185,000
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2.73 a. Total absorption cost per unit, $7.20
c. Operating income: variable costing, $368,000
e. Ending inventory: absorption costing, $144,000
2.74 a. Total cost, $644,800
b. Year-end inventory: absorption costing,$18,000
Year-end inventory: variable costing, $9,200
Year-end inventory: throughput costing,$4,800
d. Net income: throughput costing, $128,000
2.75 a. Total store cost of goods sold, $11,345,076
Total store average inventory, $2,685,8752.76 Operating loss each year under variable costing,
$(18,000,000)
2.77 a. Cost per dress: absorption costing, $30
b. Operating profit, $11,400
c. Cost of goods sold, $12,000