Masters Level Cost Accounting problems. Please review the following masters level cost accounting problems. I do NOT want the answers to these exact...

Masters Level Cost Accounting problems. Please review the following masters level cost accounting problems. I do NOT want the answers to these exact problems. I DO want similar problems done that will show me step by step how to do these problems. Can you do that by TODAY 4pm Mountain time? The problems you devise must include each and every step and show me each step (explain/describe) so I can work these problems using those same steps. Thank you for this consideration.Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For 2010, estimated direct labor hours are 133,000 and estimated factory overhead is $785,300. The following information is for September 2010. Job X was completed during September, while Job Y was started but not finished. Round calculations to two significant digits.September 1, 2010 inventories: Materials $24,000Work-in-process (all Job X) 53,400Finished goods 105,600Materials purchases $157,000Direct materials requisitioned: Job X $74,000Job Y 68,000Direct labor hours: Job X 7,000Job Y 5,500Labor costs incurred: Direct labor ($6.00 per hour) $75,000Indirect labor 24,200Factory Supervisory salaries 11,100Rental costs: Factory $9,300Administrative offices 3,200Total equipment depreciation costs: Factory $10,400Administrative offices 2,800Indirect materials used $17,8001. Cost of goods manufactured for September is:Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For 2010, estimated direct labor hours are 133,000 and estimated factory overhead is $785,300. The following information is for September 2010. Job X was completed during September, while Job Y was started but not finished. Round calculations to two significant digits.September 1, 2010 inventories: Materials $24,000Work-in-process (all Job X) 53,400Finished goods 105,600Materials purchases $157,000Direct materials requisitioned: Job X $74,000Job Y 68,000Direct labor hours: Job X 7,000Job Y 5,500Labor costs incurred: Direct labor ($6.00 per hour) $75,000Indirect labor 24,200Factory Supervisory salaries 11,100Rental costs: Factory $9,300Administrative offices 3,200Total equipment depreciation costs: Factory $10,400Administrative offices 2,800Indirect materials used $17,8002. The total ending work-in-process for September is:Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For 2010, estimated direct labor hours are 133,000 and estimated factory overhead is $785,300. The following information is for September 2010. Job X was completed during September, while Job Y was started but not finished. Round calculations to two significant digits.September 1, 2010 inventories: Materials $24,000Work-in-process (all Job X) 53,400Finished goods 105,600Materials purchases $157,000Direct materials requisitioned: Job X $74,000Job Y 68,000Direct labor hours: Job X 7,000Job Y 5,500Labor costs incurred: Direct labor ($6.00 per hour) $75,000Indirect labor 24,200Factory Supervisory salaries 11,100Rental costs: Factory $9,300Administrative offices 3,200Total equipment depreciation costs: Factory $10,400Administrative offices 2,800Indirect materials used $17,8004, The underapplied or overapplied overhead for September is: Fisher, Inc. recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records.
Cost of goods sold $50,000Work in process inventory, January 1, 2011 12,500Work in process inventory, December 31, 2011 10,500Selling and Administrative Expenses 10,000Net Income 15,000Factory overhead applied 10,000Direct materials inventory, January 1, 2011 12,000Direct materials inventory, December 31, 2011 5,000Cost of goods manufactured 58,000Finished goods inventory, January 1, 2011 17,000Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. The CFO of Fisher, Inc.has asked you to recalculate the following accounts and to report to him by the end of the day.6. What is the amount of net sales?Fisher, Inc. recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records.
Cost of goods sold $50,000Work in process inventory, January 1, 2011 12,500Work in process inventory, December 31, 2011 10,500Selling and Administrative Expenses 10,000Net Income 15,000Factory overhead applied 10,000Direct materials inventory, January 1, 2011 12,000Direct materials inventory, December 31, 2011 5,000Cost of goods manufactured 58,000Finished goods inventory, January 1, 2011 17,0007. Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. The CFO of Fisher, Inc.has asked you to recalculate the following accounts and to report to him by the end of the day.What is the amount of total manufacturing cost?Fisher, Inc. recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records.
Cost of goods sold $50,000Work in process inventory, January 1, 2011 12,500Work in process inventory, December 31, 2011 10,500Selling and Administrative Expenses 10,000Net Income 15,000Factory overhead applied 10,000Direct materials inventory, January 1, 2011 12,000Direct materials inventory, December 31, 2011 5,000Cost of goods manufactured 58,000Finished goods inventory, January 1, 2011 17,000Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. The CFO of Fisher, Inc.has asked you to recalculate the following accounts and to report to him by the end of the day.9. What is the amount of direct materials purchased?National Inc. manufactures two models of CMD that can be used as cell phones, MPX and digital recorders.Model Annual Sales in UnitsHigh F 10,000Great P 16,000National uses a volume-based costing system to apply factory overhead based on direct labor dollars. The unit prime costs of each product were as follows: High F Great PDirect Materials $38.00 $25.40Direct Labor $17.52 $13.14Budgeted factory overhead: Engineering and Design 2,409 engineering hours $ 404,712Quality and Control 12,848 inspection hours 269,808Machinery 33,726 machine hours 539,616Miscellaneous Overhead 26,400 direct labor hours 134,904TOTAL $ 1,349,040National's controller had been researching activity-based costing and decided to switch to it. A special study determined National's two products have the following budgeted activities: High F Great PEngineering and design hours 969 1,440Quality control inspection hours 5,648 7,200Machine hours 20,286 13,440Labor hours 12,000 14,400What is the overhead application rate using the firm's volume-based costing system (rounded to the nearest percent or cents)? As you can see, I don't have much time. Please let me know as soon as possible.