FAKULTI EKONOMI DAN PENGURUSAN

EPPD1033 PRINSIP PERAKAUNAN

TUTORIAL 6: PERAKAUNAN UNTUK OPERASI PERKILANGAN

SOALAN 1

i) Ciri perakaunan pengurusan termasuk

A. Pengguna luaran.
B. Laporan umum.
C. Laporan terperinci.
D. Laporan suku tahunan dan laporan tahunan.

ii) Bahan langsung dan bahan tak langsung adalah

A. bahan mentah.
B. overhed pengilangan.
C. inventori barangniaga.
D. dijual terus kepada pelanggan oleh syarikat pengilangan.

iii) Manakah di antara yang berikut bukan overhed pengilangan?

A. buruh tak langsung
B. bahan langsung
C. insurans bangunan kilang
D. bahan tak langsung

iv) Gaji pengawal keselamatan kilang dikelaskan sebagai

A. Kos tempoh.
B. Buruh langsung.
C. Buruh tak langsung.
D. Kos pematuhan.

v) Syarikat pengilangan mengira kos barang dijual sebagai:

A. inventori awal barang siap + kos barang dibeli – inventori akhir barang siap.
B. inventori akhir barang siap – kos barang dikilang + inventori awal barang siap.
C. inventori awal barang siap – kos barang dikilang – inventori akhir barang siap.
D. inventori awal barang siap + kos barang dikilang – inventori akhir barang siap.

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SOALAN 2

Agler Company specializes in manufacturing motorcycle helmets. The company has

enough orders to keep the factory production at 1,000 motorcycle helmets per month.
Agler’s monthly manufacturing cost and other expense data are shown below.

Maintenance costs on factory building RM 1,500

Factory manager’s salary 5,500
Advertising for helmets 8,000
Sales commissions 4,000
Depreciation on factory building 700
Rent on factory equipment 6,000
Insurance on factory building 3,000
Raw materials (plastic, polystyrene, etc.) 25,000
Utility costs for factory 800
Supplies for general office 200
Wages for assembly line workers 54,000
Depreciation on office equipment 500
Miscellaneous materials (glue, thread, etc.) 2,000

Required:
a) Prepare an answer sheet with the following column headings.

Product Costs
Direct Direct Manufacturing Period
Cost Item
Materials Labor Overhead Costs

Enter each cost item on your answer sheet, placing the dollar amount under the
appropriate headings. Total the dollar amounts in each of the columns.
b) Compute the cost to produce one motorcycle helmet.

SOALAN 3

The following data were taken from the records of Moxie Company for the year ended
December 31, 2021.

Raw Materials Inventory - 1/1/21 RM 47,000 Factory Insurance RM 7,400

Raw Materials Inventory - 12/31/21 44,200 Accounts Receivable 27,000
Finished Goods Inventory - 1/1/21 85,000 Factory Utilities 12,900
Finished Goods Inventory - 12/31/21 57,800 Cash 18,000

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 Work in Process Inventory - 1/1/21 9,500 Sales Revenue 465,000
Work in Process Inventory - 12/31/21 8,000 Sales Discounts 2,500
Plant Manager’s Salary 60,000 Direct Labor 145,100
Factory Property Taxes 6,100 Indirect Labor 18,100
Office Utilities Expense 8,600 Factory Repairs 800
Factory Machinery Depreciation 7,700 Raw Materials Purchases 62,500

Required:

a) Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct
materials.)
b) Prepare an income statement through gross profit.
c) Prepare the current assets section of the balance sheet as at December 31.

SOALAN 4
Ortiz Company is a manufacturer of toys. Its controller resigned in August 2021. An
inexperienced assistant accountant has prepared the following income statement for the
month of August 2021.

ORTIZ COMPANY
Income Statement For the Month Ended August 31, 2021
Sales revenue $675,000
(-) Operating expenses
Raw materials purchases $220,000
Direct labor cost 160,000
Advertising expense 75,000
Selling and administrative salaries 70,000
Rent on factory facilities 60,000
Depreciation on sales equipment 50,000
Depreciation on factory equipment 35,000
Indirect labor cost 20,000
Utilities expense 10,000
Insurance expense 5,000 705,000
Net loss $(30,000)
Prior to August 2014, the company had been profitable every month. The company’s
president is concerned about the accuracy of the income statement. As her friend, you
have been asked to review the income statement and make necessary corrections. After
examin- ing other manufacturing cost data, you have acquired additional information
as follows.

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 1. Inventory balances at the beginning and end of August were:

August 1 August 31
Raw materials $19,500 $35,000
Work in process 25,000 21,000
Finished goods 40,000 52,000
2. Only 60% of the utilities expense and 70% of the insurance expense apply to factory
oper- ations; the remaining amounts should be charged to selling and administrative
activities.
Required:
a) Prepare a cost of goods manufactured schedule for August 2021.
b) Prepare a correct income statement for August 2021.

SOALAN 5

The balance of selected accounts of ABC Bhd for the year ended 30 April 2021 are as follows:

Accounts RM Accounts RM
Factory insurance expenses 16,720 Sales and administrative expense 50,500
Office insurance expense 8,500 Indirect labour 28,600
Factory utility expense 20,200 Raw material inventory (1/5/2020) 33,400
Office utility expense 17,500 Work in progress (1/5/2020) 36,800
Salaries expense 225,000 Factory depreciation expense 18,880
Freight-out expense 6,800 Office depreciation expense 15,500
Raw materials purchased 305,000 Finished goods inventory (1/5/2020) 57,500
Direct labour 351,200 Raw material inventory (30/4/2021) 45,600
Factory repairs expense 25,200 Work in progress (3/4/2021) 50,400
Interest expense 2,500 Finished goods inventory (30/4/2021) 75,000
Sales 1,150,000
Required:
a) Prepare a cost of goods manufactured schedule for April 2021.
b) Prepare an income statement for April 2021.