Financial Accounting (11th Edition)
Financial Accounting (11th Edition)
11th Edition
ISBN: 9780134127620
Author: Walter T. Harrison Jr., Charles T. Horngren, C. William Thomas, Wendy M. Tietz
Publisher: PEARSON
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Chapter 4, Problem 4.20AE
To determine

To prepare: Bank reconciliation of RL, as at March 31, 2016, and determine the actual cash with DW, as on March 31, 2016

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How much is the material quantity variance?
Financial accounting problem
Before prorating the manufacturing overhead costs at the end of 2016, the Cost of Goods Sold and Finished Goods Inventory had applied overhead costs of $59,700 and $54,000 in them, respectively. There was no Work-in-Process at the beginning or end of 2016. During the year, manufacturing overhead costs of $88,000 were actually incurred. The balance in the Applied Manufacturing Overhead was $94,500 at the end of 2016. If the under-or overapplied overhead is prorated between the Cost of Goods Sold and the inventory accounts, how much will be the Cost of Goods Sold after the proration? (rounded answer)

Chapter 4 Solutions

Financial Accounting (11th Edition)

Ch. 4 - Prob. 1QCCh. 4 - Prob. 2QCCh. 4 - Prob. 3QCCh. 4 - Prob. 4QCCh. 4 - Prob. 5QCCh. 4 - Prob. 6QCCh. 4 - Prob. 7QCCh. 4 - Prob. 8QCCh. 4 - Prob. 9QCCh. 4 - Prob. 10QC
Ch. 4 - Prob. 11QCCh. 4 - Prob. 4.1ECCh. 4 - Prob. 4.1SCh. 4 - Prob. 4.2SCh. 4 - Prob. 4.3SCh. 4 - (Learning Objective 2: Describe objectives and...Ch. 4 - Prob. 4.5SCh. 4 - (Learning Objective 2: Explain the objectives and...Ch. 4 - (Learning Objective 3: Evalue internal controls...Ch. 4 - Prob. 4.8SCh. 4 - Prob. 4.9SCh. 4 - Prob. 4.10SCh. 4 - Prob. 4.11SCh. 4 - Prob. 4.12SCh. 4 - Prob. 4.13SCh. 4 - Prob. 4.14SCh. 4 - Prob. 4.15SCh. 4 - Prob. 4.16AECh. 4 - Prob. 4.17AECh. 4 - Prob. 4.18AECh. 4 - Prob. 4.19AECh. 4 - Prob. 4.20AECh. 4 - Prob. 4.21AECh. 4 - Prob. 4.22AECh. 4 - Prob. 4.23AECh. 4 - Prob. 4.24AECh. 4 - Prob. 4.25BECh. 4 - Prob. 4.26BECh. 4 - Prob. 4.27BECh. 4 - Prob. 4.28BECh. 4 - Prob. 4.29BECh. 4 - Prob. 4.30BECh. 4 - Prob. 4.31BECh. 4 - Prob. 4.32BECh. 4 - Prob. 4.33BECh. 4 - Prob. 4.34QCh. 4 - Prob. 4.35QCh. 4 - Prob. 4.36QCh. 4 - Prob. 4.37QCh. 4 - Prob. 4.38QCh. 4 - Prob. 4.39QCh. 4 - Prob. 4.40QCh. 4 - Prob. 4.41QCh. 4 - Prob. 4.42QCh. 4 - Prob. 4.43QCh. 4 - Prob. 4.44QCh. 4 - Prob. 4.45QCh. 4 - Prob. 4.46APCh. 4 - Prob. 4.47APCh. 4 - Prob. 4.48APCh. 4 - Prob. 4.49APCh. 4 - Prob. 4.50BPCh. 4 - Prob. 4.51BPCh. 4 - Prob. 4.52BPCh. 4 - Prob. 4.53BPCh. 4 - Prob. 4.54CEPCh. 4 - Prob. 4.55CEPCh. 4 - Prob. 4.56CEPCh. 4 - Prob. 1DCCh. 4 - Prob. 2DCCh. 4 - Prob. 1EICh. 4 - Prob. 1FFCh. 4 - Prob. 1FA
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