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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),  P18-24A (p. 979), 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: 50

 

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