Cost Accounting, Student Value Edition (15th Edition)
15th Edition
ISBN: 9780133428858
Author: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
Publisher: PEARSON
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Question
Chapter 4, Problem 4.33P
(1)(a)
To determine
To compute: The budgeted direct cost rate for professional partners.
Given information:
2014,
Budgeted direct cost is $210,000
Budgeted direct labor hour is 1,500
(b)
To determine
To compute: The budgeted direct cost rate for professional associates.
Given information:
2014,
Budgeted direct cost is $75,000
Budgeted direct labor hour is 1,500
(2)(a)
To determine
To compute: The budgeted indirect cost rate for general support.
Given information:
Budgeted indirect cost is $2,025,000
Calculated values,
Budgeted indirect labor hours is 37,500
(b)
To determine
To compute: The budgeted indirect cost rate for secretarial support.
Given information:
Budgeted indirect cost is $450,000
Calculated values,
Budgeted indirect labor hours is 7,500
3.
To determine
To compute: The budgeted cost for R and P incorporation.
4.
To determine
To explain: The result comes from part 3 and explains the difference of cost as computed in 4-32E.
5.
To determine
To explain: The K associates use job costing system of problem 4-4.32E or of this problem.
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Chapter 4 Solutions
Cost Accounting, Student Value Edition (15th Edition)
Ch. 4 - Define cost pool, cost tracing, cost allocation,...Ch. 4 - How does a job-costing system differ from a...Ch. 4 - Why might an advertising agency use job costing...Ch. 4 - Describe the seven steps in job costing.Ch. 4 - Give examples of two cost objects in companies...Ch. 4 - Describe three major source documents used in...Ch. 4 - What is the advantage of using computerized source...Ch. 4 - Give two reasons why most organizations use an...Ch. 4 - Distinguish between actual costing and normal...Ch. 4 - Describe two ways in which a house-construction...
Ch. 4 - Comment on the following statement: In a...Ch. 4 - Describe three different debit entries to the...Ch. 4 - Describe three alternative ways to dispose of...Ch. 4 - When might a company use budgeted costs rather...Ch. 4 - Prob. 4.15QCh. 4 - Prob. 4.16ECh. 4 - Prob. 4.17ECh. 4 - Prob. 4.18ECh. 4 - Prob. 4.19ECh. 4 - Prob. 4.20ECh. 4 - Prob. 4.21ECh. 4 - Prob. 4.22ECh. 4 - Prob. 4.23ECh. 4 - Prob. 4.24ECh. 4 - Prob. 4.25ECh. 4 - Prob. 4.26ECh. 4 - Prob. 4.27ECh. 4 - Prob. 4.28ECh. 4 - Prob. 4.29ECh. 4 - Prob. 4.30ECh. 4 - Prob. 4.31PCh. 4 - Prob. 4.32PCh. 4 - Prob. 4.33PCh. 4 - Prob. 4.34PCh. 4 - Prob. 4.35PCh. 4 - Prob. 4.36PCh. 4 - Prob. 4.37PCh. 4 - Prob. 4.38PCh. 4 - Prob. 4.39PCh. 4 - Prob. 4.40PCh. 4 - Prob. 4.41P
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