Akuntansi Biaya P19-4 : Income Statement; Variance Analysis; Two Overhead

P19-4	Income Statement; Variance Analysis; Two Overhead Variances
	Ensley Corporation manufactures product G, which sell for				25	per unit
	Material M is added before processing starts, and labor and overhead are added
	evenly during the manufacturing process.
	Production capacity is budgeted at		110000	units of G annually
	The standard cost per unit of G are as follows:
	Direct Materials	2	pound M at	1.5		3
	Direct Labor	1.5	hours at	8		12
	FOH variable				1.5
	FOH fixed				1.1
						2.6
						17.6
	A process cost system is used. Inventories are costed at standard cost. All variance from
	standard cost are charged or credited to Cost of Good Sold in the year incurred.
	Inventory data for the year 20A are as follows:
			January 1		December 31
	Material M		50000	pounds	60000	pounds
	Work In Process:
	All materials, 2/5 processed		10000	units
	All materials, 1/3 processed				15000	units
	Finished Goods Inventory		20000	units	12000	units
	During 20A	250000	pounds of M were purchased at an average
	cost of	1.485	per pound, and		240000	pounds were
	transferred to work in process inventory. Direct labor costs amounted to
	1313760	at an average hourly labor rate of			8.16
	Actual factory overhead for 20A was as follows:
	Variable FOH		181500
	Fixed FOH		114000
	A total of	110000	units of G were completed and transferred
	to finished goods inventory. Marketing and administrative expenses were					680500
	REQUIRED:
	Prepare an income statement for 20A, including all manufacturing cost variances
	and using the two variance method for factory overhead.
					(AICPA adapted)
					Eq unit Material		115000
					Eq unit labor		111000
	Cost Of Goods Sold Statement				Eq unit FOH		111000
	Direct Material Cost		345000
	Direct Labor Cost		1332000
	FOH Applied		288600
	Total Prod Cost		1965600
	WIP awal		88400
	Jumlah		2054000
	WIP akhir		118000
	Cost  of Goods Manfct.		1936000
	Finished Goods awal		352000
	Jumlah		2288000
	Finished Goods akhir		211200
	Cost Of Goods Sold		2076800		118000	unit
	Adjusted for Varianced:
	Material Purchased Price		-3750
	Material Quantity Used		15000
	Labor Rate		25760
	Labor Efficiency		-44000
	Controllable overhead		8000
	Volume overhead		-1100
	Total Variance		-90
	Cost of Goods Sold adjusted		2076710
	Income Statement
	Sales		2950000
	Cost of Goods Sold adjusted		2076710
	Gross Profit		873290
	Marketing and Adm Expenses		680500
	Operating Profit		192790
	Material purchase price variance:
		(Act P     -        Std P)     x   Material Purchased
		1.485	1.5	250000	-3750	(Fav)
	Material quantity variance:
		(Act Q        -     Std Q)   x         Std P
		240000	230000	1.5	15000	(Un Fav)
	Labor rate variance:	(Act Rate    -   Std Rate)  x     Act Hours
		8.16	8	161000	25760	(Un Fav)
	Labor efficiency variance:	(Act Hours  - Std Hours)  x     Std Rate
		161000	166500	8	-44000	(Fav)
	Factory Overhead Variance (two variance method)
	FOH Actual			295500	Controllable Variance
	Budget FOH based on standard hours				8000	(Un Fav)
		Unit
	FOH variable	111000	1.5	166500
	FOH Fixed	110000	1.1	121000
	Total FOH			287500	Volume Variance
	FOH Applied	111000	2.6	288600	-1100	(Fav)
			Total FOH variance   =		6900	(Un Fav)

Akuntansi Biaya : Metode 3 Variance

Metode 3 Variance
FOH Actual					$  210,000
Budget FOH based on Actual hours						Spending Variance
FOH Variabel	29,500	x	$3	=	$    88,500		$  1,500	(UF)
FOH Fixed	30,000	x	$4	=	$  120,000
Total FOH					$  208,500
						Variable Efficiency Variance
Budget FOH Based on Standard hours							$     300	(UF)
FOH Variabel	29,400	x	$3	=	$    88,200
FOH Fixed	30,000	x	$4	=	$  120,000	Volume Variance
Total FOH					$  208,200		$  2,400	(UF)
FOH aplied	29,400	x	$7	=	$  205,800
			Total FOH Variance				$  4,200	(UF)

Akuntansi Biaya : LABOR STANDARD AND VARIANCE

LABOR STANDARD AND VARIANCE
Standard Hours		0.333333	DLH per Unit
Standard Labor Rate		12	per DLH
Actual Rate		12.5	per DLH
Actually Work Hours		1632	DLH
Produksi		4512	unit
Labor Rate Variance  =
		(Act. Rate - Std. Rate) x  Act. Hours
	(	12.5	-	12	)  x	1632	DLH =	816	Un Fav
Labor Efficiency Variance =
		(Act. Hours - Std. Hours) x  Std. Rate
	(	1632	-	1504	)  x	12	=	1536	Un Fav

Akuntansi Biaya : Soal P 6-4 (Metode Average Cost)

Soal  P 6-4   (Metode Average Cost) Pesona Cologne Company memproduksi cologne dalam dua tahap  Pewangi dasar di prod di Dep Mixing, kemudian di transfer ke Dep Finishing setelah ditambah bahan kimia lain Berikut data bulan Juni: Dep Mixing Dep Finishing Persediaan awal (unit) 1,000 unit 1,400 unit Unit diproses mulai awal di Dep Mixing 6,000 unit Unit yg ditransfer ke Dep Finishing 6,400 unit 6,400 unit Jumlah unit ditambahkan di Dep Finsh 19,200 unit Unit yg ditransfer ke Finished Good inv. 26,000 unit Persediaan akhir (unit) di : Dep Casting :               Material 60%                                       Labor 20%                                       FOH 25% 600 unit Dep Finishing:             Material 100%                                       Labor 70%                                        FOH 70% 1,000 unit Cost pd persediaan awal: Biaya dr Dept sebelumnya  $     8,450 Materials  $   19,620  $     1,395 Labor   $         944  $        106 FOH  $     2,375  $        659 Cost yg ditambahkan bln Desember Materials  $ 129,100  $   25,605 Labor   $     6,880  $   19,919 FOH  $   29,065  $   60,751 Diminta: 1)  Buat laporan produksi  Dept Mixing dan Dep Finishing dg metode Average Cost 2) Jika masing2 Dep mempunyai rekening WIP sendiri2, buat jurnal untuk mencatat     pembebanan biaya produksi dan transfer biaya antar departemen tersebut
	WIP Dep Casting					WIP Dep Finishing
	(UNIT)					(UNIT)
1/12	1,000				1/12		1,400
			6,400				6,400		26,000
	6,000		600		31/12		19,200		1,000
	7,000		7,000				27,000		27,000
	WIP Dep Casting					WIP Dep Finishing
	($)					($)
1/12	$                 22,939				1/12		$           10,610
M	$               129,100		$    179,200		Cf PD		$         179,200		$             286,000
L	$                   6,880				M		$           25,605
F	$                 29,065		$        8,784		31/12      L		$           19,919
	$               187,984		$    187,984		F		$           60,751		$                10,085
							$         296,085		$             296,085
	Equivalent Unit
	Departemen Casting
	Material	=	6,400	+	60%	x	600	=	6,760	unit
	Labor	=	6,400	+	20%	x	600	=	6,520	unit
	FOH	=	6,400	+	25%	x	600	=	6,550	unit
	Departemen Finishing
	Cf PD	=	26,000	+	100%	x	1,000	=	27,000	unit
	Material	=	26,000	+	100%	x	1,000	=	27,000	unit
	Labor	=	26,000	+	70%	x	1,000	=	26,700	unit
	FOH	=	26,000	+	70%	x	1,000	=	26,700	unit
	Cost per unit:
	Departemen Casting
	Material		19,620	+	129,100	=	$22.00	per	unit
			6,760
	Labor		944	+	6,880	=	$   1.20	per	unit
			6,520
	FOH		2,375	+	29,065	=	$   4.80	per	unit
			6,550
	Total						$28.00	per	unit
	Departemen Finishing
	Cf PD		8,450	+	179,200	=	$   6.95	per	unit
			27,000
	Material		1,395	+	25,605	=	$   1.00	per	unit
			27,000
	Labor		106	+	19,919	=	$   0.75	per	unit
			26,700
	FOH		659	+	60,751	=	$   2.30	per	unit
			26,700
	Total						$11.00	per	unit
	Perhitungan Biaya
	Departemen Casting
	Transfer ke Dep Finishing				6,400	x	$28.00	=	$ 179,200
	Persediaan Akhir Dep Casting:
			M		360	x	$22.00	=	$     7,920
			L		120	x	$   1.20	=	$        144
			F		150	x	$   4.80	=	$        720
									$     8,784
	TOTAL Biaya yang diperhitungkan								$ 187,984
	Departemen Finishing
	Transfer ke FG Inventory				26,000	x	$11.00	=	$ 286,000
	Persediaan Akhir Dep Casting:
			Cf PD		1,000	x	$   6.95	=	$     6,950
			M		1,000	x	$   1.00	=	$     1,000
			L		700	x	$   0.75	=	$        525
			F		700	x	$   2.30	=	$     1,610
									$   10,085
	TOTAL Biaya yang diperhitungkan								$ 296,085
	*)  Cf PD   =   Cost from Preceding Department

Latihan Soal Akuntansi Biaya : P 6-2 (Metode Average Cost)

Soal  P 6-2   (Metode Average Cost)
Rathbone Tool Company memproduksi single model suatu commercial cutting tool
Produk dicetak dari molten steel dalam Departemen Casting, dan kemudian
ditransfer ke Departemen Finishing untuk dipoles
Berikut data bulan Desember:
		Dep Casting		Dep Finishing
Persediaan awal (unit)		1,000	unit	1,500	unit
Unit diproses mulai awal di Dep Casting		8,000	unit
Unit yg ditransfer ke Dep Finishing		7,500	unit	7,500	unit
Unit yg ditransfer ke Finished Good inv.				7,000	unit
Persediaan akhir (unit) di :
Dep Casting :               Material	100%
Biaya konversi	80%	1,500	unit
Dep Finishing:               Labor	40%
FOH	50%			2,000	unit
Cost pd persediaan awal:
Biaya dr Dept sebelumnya				$      4,785
Materials		$           915
Labor		$             60		$         201
FOH		$             90		$         555
Cost yg ditambahkan bln Desember
Materials		$     17,085
Labor		$        4,290		$      2,139
FOH		$        6,435		$      3,125
Diminta:
1)  Buat laporan produksi  Dept Casting dan Dep Finishing dg metode Average Cost
2) Jika masing2 Dep mempunyai rekening WIP sendiri2, buat jurnal untuk mencatat
pembebanan biaya produksi dan transfer biaya antar departemen tersebut

	WIP Dep Casting					WIP Dep Finishing
	(UNIT)					(UNIT)
1/12	1,000				1/12		1,500
			7,500			7,500			7,000
	8,000		1,500		31/12				2,000		31/12
	9,000		9,000			9,000			9,000
	WIP Dep Casting					WIP Dep Finishing
	($)					($)
1/12	$          1,065				1/12	$            5,541
M	$        17,085		$     24,375		Cf PD	$          24,375			$            28,000
L	$          4,290				L	$            2,139
F	$          6,435		$       4,500		31/12      F	$            3,125			$               7,180		31/12
	$        28,875		$     28,875			$          35,180			$            35,180
	Equivalent Unit
	Departemen Casting
	Material	=	7,500	+	100%	x	1,500	=	9,000	unit
	Labor	=	7,500	+	80%	x	1,500	=	8,700	unit
	FOH	=	7,500	+	80%	x	1,500	=	8,700	unit
	Departemen Finishing
	Cf PD	=	7,000	+	100%	x	2,000	=	9,000	unit
	Labor	=	7,000	+	40%	x	2,000	=	7,800	unit
	FOH	=	7,000	+	50%	x	2,000	=	8,000	unit
	Cost per unit:
	Departemen Casting
	Material		915	+	17,085	=	$  2.00	per	unit
			9,000
	Labor		60	+	4,290	=	$  0.50	per	unit
			8,700
	FOH		90	+	6,435	=	$  0.75	per	unit
			8,700
	Total						$  3.25	per	unit
	Departemen Finishing
	Cf PD		4,785	+	24,375	=	$  3.24	per	unit
			9,000
	Labor		201	+	2,139	=	$  0.30	per	unit
			7,800
	FOH		555	+	3,125	=	$  0.46	per	unit
			8,000
	Total						$  4.00	per	unit
	Perhitungan Biaya
	Departemen Casting
	Transfer ke Dep Finishing				7,500	x	$  3.25	=	$  24,375
	Persediaan Akhir Dep Casting:
			M		1,500	x	$  2.00	=	$    3,000
			L		1,200	x	$  0.50	=	$       600
			F		1,200	x	$  0.75	=	$       900
									$    4,500
	TOTAL Biaya yang diperhitungkan								$  28,875
	Departemen Finishing
	Transfer ke FG Inventory				7,000	x	$  4.00	=	$  28,000
	Persediaan Akhir Dep Casting:
			Cf PD		2,000	x	$  3.24	=	$    6,480
			L		800	x	$  0.30	=	$       240
			F		1,000	x	$  0.46	=	$       460
									$    7,180
	TOTAL Biaya yang diperhitungkan								$  35,180
	*)  Cf PD   =   Cost from Preceding Department