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    Accounting for Companies: Shaulter, Guerry, Ryder, Satoko

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    ____ 4. Shaulter Corporation uses a process cost accounting system. Given the following data, compute the number of units transferred out during the current period.
    Beginning Work in Process 12,000 units (1/2 complete)
    Ending Work in Process 15,000 units (1/3 complete)
    Started into Production 80,000 units
    a. 65,000
    b. 75,000
    c. 77,000
    d. 80,000

    ____ 5. Guerry Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under- or overapplication of overhead for the period:
    Estimated annual overhead cost $600,000
    Actual annual overhead cost $575,000
    Estimated machine hours 150,000
    Actual machine hours 140,000
    a. $560,000 applied and $15,000 underapplied
    b. $600,000 applied and $15,000 overapplied
    c. $560,000 applied and $15,000 overapplied
    d. $575,000 applied and neither under- nor overapplied

    ____ 6. The following data has been collected for use in analyzing the behavior of maintenance costs of Ryder Corporation:
    Month Maintenance Costs Machine Hours
    January $242,000 20,000
    February 250,000 23,000
    March 256,000 24,000
    April 318,000 34,000
    May 336,000 36,000
    June 356,000 38,000
    July 362,000 40,000
    Using the high-low method to separate the maintenance costs into their variable and fixed cost components, these components are
    a. $10 per hour plus $40,000.
    b. $10 per hour plus $60,000.
    c. $8 per hour plus $82,000.
    d. $6 per hour plus $122,000.

    ____ 7. Given the following information for Satoko Company, compute the company's ROI: Sales ? $1,000,000; Controllable Margin ? $150,000; Average Operating Assets ? $500,000.
    a. 60%
    b. 50%
    c. 15%

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    https://brainmass.com/business/accounting/accounting-companies-shaulter-guerry-ryder-satoko-137388

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    4. Shaulter Corporation uses a process cost accounting system. Given the following data, compute the number of units transferred out during the current period.
    Beginning Work in Process 12,000 units (1/2 complete)
    Ending Work in Process 15,000 units (1/3 complete)
    Started into Production 80,000 units
    a. 65,000
    b. 75,000
    c. 77,000
    d. 80,000

    Total units available are beginning WIP + Started in production = 92,000. Of these 15,000 are in ending WIP. The units transferred out are 92,000-15,000=77,000

    5. Guerry Company applies overhead on the basis of ...

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