Managerial Accounting 2 questions due by 2/7/2015

  

Unit2Accounting.docxThe 2 questions aren’t that long just need both answered. They are from a managerial accounting class. I included a Word2013 document that both questions are on.
unit2accounting.docx

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1. Border Company produces a hand-held electric saw that it sells for $5000 per saw.
Total operating expenses for May were:
Saws produced and sold
Components used in saws
Assorted supplies used in saws
Labor to assemble saws
Rent for factory
Production supervisor’s salary
Utilities for factory
Product shipping expenses
Advertising costs
Administrative costs
700
140,000
1,000
7,000
5,000
15,000
2,000
1,400
3,000
12,500
Use account analysis to determined fixed costs for the month of May and the
variable cost per saw.
1. The following information was taken from the accounts of ABC Corp on December
31, 2010:
1/1/2010
Beginning
Inventory
12/31/2010
Ending
Inventory
30,000
24,000
15,000
26,000
25,000
20,000
Inventories:
Raw materials
Work-in-progress
Finished goods
Costs incurred: Purchase of raw materials
Direct labor
Rent, factory
Utilities, factory
Indirect materials
Indirect labor
Selling expenses
Administrative expenses
150,000
60,000
40,000
10,000
5,000
12,000
21,000
26,000
Calculate the cost of manufacturing overhead incurred during 2010.

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