Name:
Section:
Score: 0%
Key Code:
Variable factory overhead costs:
For the Month Ending November 30
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Instructions
MICKEY’S CANDY COMPANY
Factory Overhead Cost Budget
2
Exercise 13-11
Name:
Section:
Score: See student sheet for student’s score
Scoring:
Variable factory overhead costs:
Manufacturing supplies 8,000$
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ON
Exercise 13-11
SOLUTION
Instructions
For the Month Ending November 30
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MICKEY’S CANDY COMPANY
Factory Overhead Cost Budget
Name:
Section:
Score: 0%
Key Code:
Finished goods inventory, April 1
Work in process inventory, April 1
Direct materials:
Direct labor
Factory overhead
Total manufacturing costs
Total work in process during the period
Exercise 13-12
Instructions
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PUEBLO CERAMICS INC.
Cost of Goods Sold Budget
For the Month Ending April 30
2
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Name:
Section:
Score: See student sheet for student’s score
Scoring:
Finished goods inventory, April 1 10,000$
Work in process inventory, April 1 11,400$
Factory overhead 107,000
Total manufacturing costs 486,000
Total work in process during the period 497,400$
Less work in process inventory, April 30 9,500
PUEBLO CERAMICS INC.
Cost of Goods Sold Budget
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ON
For the Month Ending April 30
Exercise 13-12
SOLUTION
Instructions
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Name:
Section:
Score: 50%
*Since some answer boxes are correct when left blank, the beginning score is greater than 0%.
Key Code:
March April May
Receipts from cash sales:
Cash sales (20% of sales)
March sales on account:
FIDO & LUCY WHOLESALE INC.
Schedule of Collections from Sales
For the Three Months Ending May 31
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Exercise 13-13
Instructions
2
Name:
Section:
Score: See student sheet for student’s score
Scoring:
*Since some answer boxes are correct when left blank, the beginning score is greater than 0%.
March April May
Receipts from cash sales:
Cash sales (20% of sales) 150,000$ 180,000$ 240,000$
March sales on account:
Schedule of Collections from Sales
A red asterisk (*) will appear in the column immediately to the right of an incorrect answer.
Exercise 13-13
SOLUTION
Instructions
For the Three Months Ending May 31
ON
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FIDO & LUCY WHOLESALE INC.
Name:
Section:
Score: 50%
*Since some answer boxes are correct when left blank, the beginning score is greater than 0%.
Key Code:
Janary February March
Receipts from cash sales:
Cash sales (30% of sales)
December sales on account:
Exercise 13-14
Instructions
2
INNOVATIVE OFFICE INC.
Schedule of Collections from Sales
For the Three Months Ending March 31, 20Y4
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A red asterisk (*) will appear in the column immediately to the right of an incorrect answer.
Name:
Section:
Score: See student sheet for student’s score
Scoring:
*Since some answer boxes are correct when left blank, the beginning score is greater than 0%.
Janary February March
Receipts from cash sales:
Cash sales (30% of sales) 360,000$ 435,000$ 480,000$
For the Three Months Ending March 31, 20Y4
ON
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INNOVATIVE OFFICE INC.
Schedule of Collections from Sales
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Exercise 13-14
SOLUTION
Instructions
Name:
Section:
Score: 56%
*Since some answer boxes are correct when left blank, the beginning score is greater than 0%.
Key Code:
August September October
August expenses:
Schedule of Cash Payments for Selling and Administrative Expenses
2
Exercise 13-15
For the Three Months Ending October 31, 20Y7
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Instructions
PEANUT LEARNING SYSTEMS INC.
Name:
Section:
Score: See student sheet for student’s score
Scoring:
*Since some answer boxes are correct when left blank, the beginning score is greater than 0%.
August September October
August expenses:
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PEANUT LEARNING SYSTEMS INC.
Schedule of Cash Payments for Selling and Administrative Expenses
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ON
For the Three Months Ending October 31, 20Y7
Exercise 13-15
SOLUTION
Instructions
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Name:
Section:
Score: 0%
Key Code:
Exercise 13-16
Instructions
2
REHAB PHYSICAL THERAPY INC.
Schedule of Cash Payments for Operations
For the Three Months Ending May 31
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