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final exam aca

Total questions: 13

Worksheet time: 2hrs 36mins

Name
Class
Date
1.

(15 minutes) This ilustration will be used to answer question no 1 until 5. Dandie clothing factory has 3 employees, coded as A, B, C. The standard time to finish 1 cloth is 10 minutes (21 days per month, 8 hours per day) with daily wage of Rp.300.000,-. The Company allows the employees to make as much as products they can finish, with Hasley bonus method. For December, based on the payroll time keeper data, average time per 1 product that spent by A is 7 minutes, B 6 minutes, and C 10 minutes. First, mention the minimum monthly quantity target per 1 employee and for the whole factory!

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2.

Second, how much the wages payable (including bonus) for December covering all employees?

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3.

Third, how much the average cost to finish 1 cloth is?

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4.

How much the bonus received by Mr B?

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5.

How much the bonus received by Mr. A?

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6.

(15 minutes) In this month, Dandie Factory purchased rad material amounted at Rp. 150 million rupiah. The beginning raw material on Dec 1 was Rp. 5 million rupiah, while the ending inventory is Rp. 31.360.000,-. The amount of total factory overhead allocated during december is Rp. 48.000.000,- for paying the electricity, water, supplies, supporting stadd, and machinery depreciation. From the quantity produced, 50% finish as shirts, 25% vests, 25% skirts.

With physical join cost method, how much the total cost per 1 pcs of shirt?

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7.

With physical join cost method, how much the total cost per 1 pcs of skirt?

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8.

(5 minutes) With physical join cost method, How much the total cost per 1 pcs vest?

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9.

(10 minutes) if the company's strategy for selling the product is by implementing 50% discount, while the target minimum margin per 1 pcs of product is Rp.20.000,-, how much the minimum selling price per each product?

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10.

(10 minutes) Explain your understanding on how performance measurement will relates to cost?

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11.

Explain your understanding on how the company use capital budgeting analysis to assist their strategic decision making?

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12.

The company records Rp.4.850.000 of spoiled good inventory. Based on the previous experiences, the inventory can only be sold at 50% reduced price. How could you journalize the record of it? (assuming if it is normal spoiledge).

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13.

What is your full name?

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