ACC 560 Week 1 Homework Chapter 1 (E1-5, E1-9, E1-10 and E1-2A)
For more course tutorials visit www.tutorialrank.com ACC 560 Week 1 Homework Chapter 1 (E1-5, E1-9, E1-10 and E1-2A)

E1-5
E1-5 Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows.
1. Property taxes on the factory building.
2. Production superintendents’ salaries.
3. Memory boards and chips used in assembling computers.
4. Depreciation on the factory equipment.
5. Salaries for assembly-line quality control inspectors.
6. Sales commissions paid to sell laptop computers.
7. Electrical components used in assembling computers.
8. Wages of workers assembling laptop computers.
9. Soldering materials used on factory assembly lines.
10. Salaries for the night security guards for the factory building.
The company intends to classify these costs and expenses into the following categories:
(a) Direct materials,
(b) Direct labor,
(c) Manufacturing overhead,
(d) Period costs.
List the items (1) through (10). For each item, indicate the cost category to which it belongs.
E1-9
E1-9 An incomplete cost of goods manufactured schedule is presented below.
Complete the cost of goods manufactured schedule for Hobbit Company. E1-10
E1-10 Manufacturing cost data for Copa Company arc presented below.
Case A Case B Case C
Direct materials used $ (a) $68,400 $130,000
Direct labor 57,000 86,000 (g)
Manufacturing overhead 46,500 81,600 102,000
Total manufacturing costs 195,650 (d) 253,700 Work in process 1/1/17 (b) 16,500 (h)
Total cost of work in proems 221,500 (c) 337,000
Work in process 12/31/17 (c)