# 成本管理會計work in process的題目

KC company had a fire fire that distroied some work in process in the store room.

After physical count the inventory the good inventory that had not been fired as follows:

Materials \$150,000; Finished goods \$300,000 and Indirect materials 25.000.

After check the accounts and found that the beginning balance had the follwoing amount:

Materials \$75,000; Work in process 250,000; Finished goods 350,000 and indirect materials \$10,000.

The pervious 5 years Sales and Gross profit as follows

Year Sals amount Gross profit

2010 \$1,500,000 \$431,000

2009 1,600,000 512,000

2008 1,650,000 544,500

2007 1,250,000 312,500

2006 1,400,000 420,000

From the beginning of the year to the date the other information as follows:

Sales \$750,000

Materials Purchase 250,000

Freight-in 25,000

Direct labor cost 200,000

Overhead usually as 50% direct labor.

Required

Please calculate the Work in process inventory amount that destoried on fire.

Update:

Rating

Direct & Indirect Materials used for the period:

Begining (\$75000+\$10000)+Net Purchase (\$250000+\$25000)-Ending(\$150000+25000)=\$185000

COGS for the period= \$750000*(431000/150000)=\$534500

Finished Good produced for the period=

Begining \$350000+COGS\$534500-Ending\$300000=\$484500

WIP account balance before the fire=Begining \$250000+Materials transfer-in\$185000+Direct Labor\$200000+OH(\$200000*50%)-transfer-out\$484500=\$250500

WIP destoryed in the fire=\$250500

2010-10-05 19:39:18 補充：

Freight-In 運費支出是直接與購買原物料相關的費用，在成本會計中，須加計成為原物料之成本。

在會計學中，也有其他類似的情形；例如：生產機械的直接運送費用也須併入成為機械之成本。

Source(s): 自己