Managerial Accounting

Key Figures for the Exercises, Problems and Cases

To Accompany

Managerial Accounting
Creating Value in a Dynamic Business Environment

9th Edition
McGraw-Hill/Irwin
2011

by

Ronald W. Hilton

CHAPTER 1

No key figures.

CHAPTER 2

E 2-24 Beginning inventory of finished goods, case I: $84,000
E 2-25 1. Total compensation: $720
E 2-26 2. Total overtime premium: $20
E 2-29 2. Cost of goods sold: $820,000
E 2-30 (f) $77,000 (o) $110
E 2-31 2. Cost per call, February: $ .27
E 2-33 Annual differential cost: $33,000
P 2-38 2. Cost of goods manufactured: $913,200
P 2-39 Direct material used: $40,000
P 2-40 2. Net income: $168,000
P 2-41 Net income, case A: $110,000
P 2-42 1. a. Total prime costs: $2,680,000
P 2-42 1. d. Manufacturing overhead: $534,000
P 2-43 2. Cost of goods sold: $580,000
P 2-44 2. Total cost of wages: $608
P 2-51 Direct material, 20x2 forecast: $3,600,000
P 2-55 6. $370
P 2-57 2. Output of 20,000 bottles, profit: $26,000
C 2-60 1. a. 60,000 copies

CHAPTER 3

E 3-24 1. Predetermined overhead rate at 300,000 chicken volume:
$ .43 per chicken (rounded)
E 3-27 3. Cost of goods manufactured: $665,000
E 3-28 1. Applied manufacturing overhead: $750,000
E 3-29 Total cost: $7,470
E 3-30 1. Cost of goods manufactured: $643,100
E 3-31 2. Gross margin: $63,000
E 3-32 1. Purchases: $336,000
E 3-33 Underapplied overhead: $16,000
E 3-34 1. Predetermined overhead rate: $13.30 per hour
E 3-35 2. c. Overapplied overhead: $11,000
E 3-37 Overhead: 9,600 euros
E 3-41 2. Overhead rate: 108% 3. Applied overhead: $3,456
P 3-42 1. Total manufacturing costs: $175,100 3. Net income: $7,100
P 3-43 1. Predetermined overhead rate: $12 per hour
P 3-45 4. Finished-goods inventory increased by $203,000
P 3-46 1. Predetermined overhead rate: 130% of direct labor cost 6. Cost of goods sold: $15,309,300
P 3-47 1. Traceable costs: $2,500,000
P 3-48 2.