Night Light Division Paper

Question 1

a) Total Cost :- = 240,000 + $10 * (20,000) = 240,000 + 200,000 = 440,000

Single rate :- = 440,000 / 20,000 = $22 per hour

In turn, single-rate budgeted amounts should be :-

For Night Light Division :- = (9,600 * $22) / 12 = $17,600 per month

For Flashlight Division :- = (5,400 * $22) / 12 = $9,900 per month

b) Since single rate = $22 per hour In turn, single-rate allocated amounts should be :-

For Night Light Division :- = 700 * $22 = $15,400 for the month of Juner

For Flashlight Division :- = 400 * $22 = $8,800 for the month of June

c) Fixed rate :- = 240,000 / 20,000 = $12 per hour Variable rate = $10

In turn, dual-rate budgeted amount should be :-
a) Silver Spoon Cost of Production Report
| |Physical Units |Direct Materials |Conversion Costs |
|Units to account for :- | | | |
|Beginning WIP |37,500 | | |
|Units Started |55,000 | | |
|Total units accounted for |92,500 | | |
| | | | |
|Units accounted for as follows| | | |
|: | | | |
|Units completed |75,000 |100% |100%