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Intelligent Calculator MAC

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Pages
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Uploaded on
22-08-2021
Written in
2021/2022

This intelligent Excel sheet will calculate everything you need to calculate for MAC automatically. You just have to enter the given information of the exercise into the yellow highlighted fields. The sheet will show you all steps of the calculation and provides you with the final result. Previously entered information is used for continuous calculations (Calculates Variances automatically). Shows calculations in table formats as in the book. Includes: -Weighted Average (Direct Material, Conversion Costs, EUP, Cost per EUP & Unit) - FIFO (Direct Material, Conversion Costs, EUP, Cost per EUP & Unit, Work done %) - Static Budget - Flexible Budget - Static + Flexible Budget + Variance - Cost Variance - Efficiency Variance

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Institution
Hanzehogeschool Groningen (Hanze)
Course
Managerial Accounting (SIM2)









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Connected book

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Tracie L. Nobles, Brenda Mattison, Ella Mae Matsumura Horngren\'s Financial & Managerial Accounting
  • 2013
  • 9780133251241
  • Unknown

Written for

Institution
Hanzehogeschool Groningen (Hanze)
Study
International Business and Management Studies
Course
Managerial Accounting (SIM2)
All documents for this subject (3)

Document information

Uploaded on
August 22, 2021
Number of pages
15
Written in
2021/2022
Type
Other
Person
Unknown

Subjects

  • weighted average
  • fifo
  • first in first out
  • budgeting
  • static budget
  • flexible budget
  • variance
  • cost variance
  • efficiency variance
  • wa
  • flexible budget performance report

Content preview

Transferred in Direct Materials
Beginning
balance WIP - € 540.00 €
Transferred In
druing period - € 9,288.00 €

Additional
added during
period - €
Totals - € 9,828.00 €

Equivalent Units
Units Whole Units Transferred in Direct Materials
Accounted for:
Beginning WIP 0.00
Transferred in 6,000.00
Total Units account for 6,000.00 0.00 0.00

Units accounted for:
Completed and transferred out 5,200.00 5,200.00 5,200.00
Ending WIP 800.00 800.00 800.00
Total units accounted for 6,000.00 6,000.00 6,000.00


Costs Transferred in Direct Materials
Costs to account for:
Beginning WIP - € 540.00 €
Costs added during Period - € 9,288.00 €
Total costs to account for - € 9,828.00 €
Divided by: Total EUP 6,000.00 6,000.00
Costs per EUP - € 1.64 €

Costs accounted for:
Completed and transferred out - € 8,517.60 €
Ending WIP - € 1,310.40 €
Total costs accounted for - € 9,828.00 €

, Conversions Costs Total Costs Percentage done DM

405.00 € 945.00 € Percentage done Conversion

6,683.00 € 15,971.00 €



- €
7,088.00 € 16,916.00 €

lent Units
Conversions Costs




0.00



5,200.00
320.00
5,520.00


Conversions Costs Total Costs

405.00 € 945.00 €
6,683.00 € 15,971.00 €
7,088.00 € 16,916.00 €
5,520.00
1.28 € 2.92 €


6,677.10 € 15,194.70 €
410.90 € 1,721.30 €
7,088.00 € 16,916.00 €
$19.12
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Intelligent Calculator for MAC/FAC
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2 2021
$ 38.84 More info

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