In: Business and Management

Submitted By lawman06
Words 4008
Pages 17
Volume II
For Exercises and Problems in
Kimmel, Weygandt, and Kieso

Accounting, Tools for Business Decision Making, Third Edition

Chapter 14

14-2 (a) DM 5, 10.
(b) DL 1, 6.
14-4 (a) $166,350; (c) $72,140.
14-5 (a) 3, 7; (c) 1, 2, 4, 9, 10.
14-7 (a) $35,100.
14-8 (a) CGM $303,500.
14-9 Total manfg. costs $381,000.
14-10 (a) $82,150; (c) $36,225; (e) $242,500.
(g) $21,700; (i) $267,000.
14-11 (b) $17,000; (d) $60,000; (f) $225,000;
(h) $63,000.
14-12 (a) $62,500; (b) $27,100.
14-13 (a) $17,300.
14-14 CGM $517,300.
14-15 (a) 1, 2, 3, 5, 6, 7, 9, 10, 13, 14, 15, 16.
(b) 4, 8, 10, 11, 12.
14-16 (a) $124,800; (b) $26,100.
14-17 (a) RM $3,150; FG $9,315;
CGS $27,945.

P14-1A (a) DM $75,000; DL $43,000; MO $18,100; PC $22,100.
P14-2A (a) DM $96,200; DL $78,000; MO $17,050; PC $8,500.
P14-3A (a) $20,600. (e) $7,400. (h) $7,000. (b) CGM $17,000.
P14-4A (a) Cost of goods manufactured $367,910. (b) Gross profit $181,790. (c) Total current assets $213,100.
P14-5A (a) Cost of goods manufactured $572,200. (b) Net income $9,000.
P14-6A (b) CGM $657,300. (c) NI $87,600; total assets $735,100.
P14-1B (a) DM $20,000; DL $44,000; MO $17,100; PC $11,700.
P14-2B (a) DM $46,000; DL $52,000; MO $13,350; PC $6,000.
P14-3B (a) $17,300. (e) $4,900. (k) $21,500. (b) CGM $15,800.
P14-4B (a) CGM $299,900. (b) Gross profit $165,400. (c) Total current assets $185,000.
P14-5B (a) CGM $478,000. (b) Net income $20,500.

Chapter 15

15-1 (a) Total labor $72,000.
(b) Work in process $61,200.
15-2 (b) Job 430 $10,100; Job 431 $18,080.
15-3 (a) (1) $15,500; (2) 75%, 80%.
15-4 (a) $63,150; (c) $9,200; (e) $305,000;
(g) $308,700; (i) $68,850; (k) $9,000.
15-5 (a) $2.44/mh; (b) $4,800 underapp.
15-6 (a) (2) 125%; (3) Total cost…...

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