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UJIAN TENGAH SEMESTER AWAL 2016/2017

Subject : Cost Accounting


Day/date : Wednesday, 2 November 2016
Time : 100 minutes
Lecturers : M. Ishak Amsari
Afdal

INSTRUCTION:
You are asked to answer 3 questions, 2 mandatory questions (1 and 3), and 1 optional
question (2 or 4).

QUESTION 1 (35 Points) - MANDATORY


Presented below is PT Ewako operation data on October 2016:
Finished Goods Inventory per October 1............................................ Rp 37.500.000
Goods In Process Inventory per October 1................................. Rp 84.000.000
Factory Supplies Used...................................................... Rp 22.400.000
Direct Labor Cost ........................................................................................ Rp 180.000.000
Factory Electricity Cost ............................................................................... Rp 19.400.000
Indirect Labor Cost................................................................ Rp 20.000.000
Machine Maintenance Cost ......................................................................... Rp 38.400.000
Purchased Materials ................................................................................... Rp 400.000.000
Building and Factory Equipment Insurance Used ....................................... Rp 4.800.000
Building and Factory Equipment Depreciation Expense.............................. Rp 17.500.000
Material Inventory per October 30 ............................................................... Rp 24.000.000
Goods In Process Inventory per October 30 ............................................... Rp 30.000.000
Finished Goods per October 30 .................................................................. Rp 70.000.000
Factory Supplies per October 30 ................................................................ Rp 14.000.000

Question:
Prepare Cost of Goods Manufactured and Sold Statement.

QUESTION 2 (30 POINTS) - OPTIONAL


PT Star estimates Rp 225.000.000 of overhead cost for the following year. Products are
estimated to generate 25.000 units, with material usage worth Rp 500.000.000, direct labor cost
consist of 56.250 hours with Rp 8.000 per hour fare and 75.000 machine hours.

Question:
Calculate the factory overhead cost using these methods:
a. Production Unit
b. Direct Material Cost
c. Direct Labor Cost
d. Direct Labor Hours
e. Machine Hours

QUESTION 3 (35 POINTS) - MANDATORY


PT Tamalanrea operates with 2 production departments and 2 support departments. Production
departments are Mixing Departments and Finishing Departments, and support departments are
Cafetaria Departments and Product Design Departments. The company allocates support

1
departments cost to another support department. Cafetaria Department is allocated first, based
on the number of employees dan Product Design Department is allocated based on the number
of processed product. On the factory overhead fare calculation, Mixing Department uses
machine hours and Finishing Department uses direct labor cost. The data is presented below:

Support Department Production Department


Product
Cafetaria Design Mixing Finishing
Overhead budget Rp 10.000.000 Rp 50.000.000 Rp 100.000.000 Rp 200.000.000
Number of employees 10 5 65 130
Number of processed
product 100 200
Machine Hours 40.000 60.000
Direct Labor Cost Rp 400.000.000 Rp 500.000.000

Question:
a. Cost allocation of Support Department by using step method (metode bertahap).
b. Calculate the factory overhead cost fare for both production departments.

QUESTION 4 (30 POINTS) - OPTIONAL


ABC Companys October 2016 transactions included the following:
(1) Purchase materials on account cost Rp35.000.000.
(2) Requisition for Rp 8.000.000 of direct material and Rp 2.000.000 of indirect materials
were filled from the storeroom.
(3) Factory payroll totaling Rp 9.400.000 consisted of Rp7.600.000 direct labor and
Rp1.800.000 indirect labor.
(4) Depreciation of Rp1.200.000 on factory equipment was recorded.
(5) A job order was completed with Rp1.830.000 of direct labor and Rp 1.450.000 of
materials previously charged to the order. Factory overhead is to be applied at 2/3 of
direct labor cost.
(6) Miscellaneous factory overhead of Rp1.250.000 was accrued.
(7) The job order referred to in transactions (5) was shipped to CCA Company, who were
billed for Rp 5.400.000.

Required:
Prepare journal entries to record the transactions.

-good luck-
mia

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