At the end of each module, you will apply the module s concepts by completing comprehensive assignments from the textbook.
Complete problems P16A-17B (p. 898), P16A-19B (p. 899), P18-26A (p. 980) in your textbook.
Present your analysis of the assigned problems in Excel format. Enter non-numerical responses in the same worksheet using textboxes.
Assignment 3 Grading Criteria | Maximum Points |
P16A-17B | |
Drew time line for assembly department | 2 |
Computed the equivalent units | 3 |
Assigned total costs in the assembling department | 3 |
Prepared T-account for WIP inventory | 3 |
P16A-19B | |
Drew time line for preparation department | 3 |
Computed the equivalent units | 3 |
Compute total costs | 3 |
Prepared journal entry to record costs of sheets | 3 |
Posted journal entries to WIP inventory and calculated ending balance | 3 |
P18-24A | |
Computed revenue and VC for each show | 2 |
Computed number of shows BP must perform to break even | 3 |
Computed number of shows needed to earn $3,825,000 profit | 3 |
Prepared BP s contribution margin income statement | 3 |
P18-26A | |
Computed Big Time s break even revenue in dollars | 3 |
Computed dollar revenues needed to earn OI of $11,200 | 3 |
Graphed Big Time s CVP relationships | 4 |
Computed new BEP if average revenues increased to $900 per trade | 3 |
Total: |
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