CRITICAL THINKING ASSIGNMENT : Applying Managerial Accounting Concepts to the Manufacturing Industry
Complete the following questions using Microsoft Excel. No other submission format is allowed. Review the grading rubric to confirm you are meeting the assignment requirements. (All amounts in SAR except units.)
Given the following information for Dorttmund Corporation: | |
Advertising costs | 320,000 |
Office rent | 240,000 |
Direct materials | 800,000 |
Delivery vehicle depreciation | 90,000 |
Factory repair and maintenance | 420,000 |
Sales salary | 510,000 |
Indirect labor | 220,000 |
Manufacturing equipment depreciation | 180,000 |
Administrative salaries | 360,000 |
President’s salary | 700,000 |
Sales revenue | 5,200,000 |
Indirect materials | 190,000 |
Direct labor | 1,500,000 |
Machine hours | 2,000 |
Direct Labor hours | 10,000 |
Machine hours per unit | 3 |
Direct labor hours per unit | 6 |
Direct materials per unit | ? |
Units manufactured | 500 |
Units sold | 350 |
- Identify (list) and total period costs
- Calculate overhead per unit based on machine hours
- Calculate total product costs for units manufactured
- Calculate total cost of goods sold
- Prepare income statement in good form assuming no beginning inventory
You must show all your work for credit.
Below this line is My comments:
The main Book is big, so please use the link to download it. And keep it for future reference with me ??
Warren, C. S., & Tayler, W. B. (2020). Managerial accounting (15th ed.). Boston, MA: Cengage Learning. ISBN:9781337912020
https://drive.google.com/file/d/1anyxtIkNcfLQ7Md29…