MBAB
5P06
(ACCOUNTING
FOR
DECISION-MAKING
1)
Homework
Assignment
1
Winter
Semester
2024
—
10
Marks
Assigned
Date
and
Time:
11.00
am
Wednesday
March
13,
2024
Due
Date
and
Time:
11.00
am
Wednesday
March
20,
2024
Please
submit
your
assignment
in
person
in
class.
Assignment
should
be
submitted
at
the
beginning
of
class.
Late
assignments
are
not
accepted.
Do
not
email
your
answers
(you
will
receive
a
mark
of
zero)
Clearly
write
your
name
and
Student
number
(you
will
lose
marks
for
failing
to
write
your
name
and
student
number).
Illegible
answers
will
not
be
graded.
.)
Tyler
Enterprises
makes
an
assortment
of
computer
support
equipment.
Dana
Josephs,
the
new
controller
for
the
organization,
can
find
only
partial
information
for
the
past
two
months,
which
is
presented
below.
Account/Transaction
May
June
Materials
Inventory,
Beginning
$
36,240
$
e
Work
in
Process
Inventory,
Beginning
56,480
f
Finished
Goods
Inventory,
Beginning
44,260
g
Materials
Purchased
:
a
96,120
Direct
Materials
Requested
82,320
h
Direct
Labor
Costs
b
72,250
Manufacturing
Overhead
Applied
53,200
i
Cost
of
Units
Completed
c
221,400
Cost
of
Units
Sold
209,050
j
,
Materials
Inventory,
Ending
38,910
41,950
Work
in
Process
Inventory,
Ending
d
k
Finished
Goods
Inventory,
Ending
47,940 51,180
The
current
year’s
predetermined
overhead
rate
is
80
percent
of
direct
labor
dollars.
Using
the
data
provided
and
T
accounts,
compute
the
unknown
values.
