EXERCISE 1-1 TEST MATERIALS 2

1 FOH 6 FOH 11 SE 1. TRUE 6. FALSE 11.FALSE

2 FOH 7 FOH 12 DM 2. FALSE 7. FALSE 12. FALSE
3 FOH 8 AD 13 SE 3. FALSE 8. FALSE 13. FALSE
4 SE 9 AD 14 SE 4. FALSE 9. FALSE 14. FALSE
5 FOH 10 FOH 15 AD 5. TRUE 10. FALSE 15. TRUE

EXERCISE 1-2
1. P/S C 6. P/S C 11. P/S C
2. P C 7. P/S C 12 P C
3. P C 8. P C 13. P C
4. P C 9. P/S C 14. P C
5 P/S C 10. P/S C 15. P C

EXERCISE 1-3
Miles Tr. M. Cost
Highest 30,000 18,750
Lowest 12,000 16,500
Diff. 18,000 2,250

VC/unit = 2,250/18,000
= 0.125 per Mil. T.

Variable Cost
Highest Level = 30,000 x 0.125 = P 3,750
Lowest Level = 12,000 x 0.125 = P 1,500

Fixed Cost
Highest Level = 18,750 - 3,750 = P15,000
Lowest Level = 16,500 - 1,500 = P15,000

EXERCISE 1-5
A. B.
a. DM 41,500 g. TMC 100,000
DL 15,000 MOH -25,000
MOH 30,000 DL -20,000
TMC 86,500 DM 55,000

b. TMC 86,500 h. COGM 105,000

WIP beg 5,000 WIP end 10,000
COGM -79,000 TMC -100,000
WIP end 12,500 WIP beg 15,000

c. COGAS 86,500 i. GF 30,000

COGM -79,000 COGS 112,500
 FG beg 7,500 SD 6,000
SALES 148,500
d. COGAS 86,500
FG end -6,000 j. FG beg 20,000
COGS 80,500 COGM 105,000
COGAS 125,000
e. SALES 112,500
SD -7,500 k. COGAS 125,000
COGS -80,500 FG end 12,500
GF 24,500 COGS 112,500

f. GF 24,500 l. GF 30,000
OE -13,500 NI -16,000
NI 11,000 OE 14,000
PROBLEM 1-1
DM 1,455,000 485,000
DL 1,080,000 270,000
FOH 2,082,500
TFC 4,617,500

TFC 4,617,500
WIP end -100,000
COGM 4,517,500 *.75

S 5,212,500 100%
COGS 3,388,125 65%
GF 1,824,375 35%

PROBLEM 1-4
DM 1,288,000 322,000
DL 840,000 180,000
FOH 1,002,000 360,000
TFC 3,130,000 20,000
120,000
TFC 3,130,000
WIP dec 160,000
FGI dec 180,000
COGS 3,470,000

GF 1,214,500
EXP -220,000
NI 994,500

PROBLEM 1-5
DM 1,080,450
DL 836,000
FOH app 919,600
TMC 2,836,050

TC placed 3,404,710
TMC -2,836,050
WIP beg 568,660