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Chapter 20 -- Comprehensive Problem Set
Process Costing and Activity-Based Costing
Back to Chapter 20

The following table includes links to "Basic" and "Involved" problems based on Chapter 20.  Each "Excel" icon ( ) link will download the file containing a spreadsheet for the problem and a template worksheet on which you can prepare the solution electronically.  In the alternative, the pdf (   ) icons will download the "problem" and a preprinted "worksheet" that you can easily print.  The pdfs facilitate preparation of handwritten solutions.

Electronic spreadsheets are very useful accounting tools.  If you see a light bulb icon    on a worksheet, just mouse over above the icon and a comment box will appear.  The comments include useful suggestions for improving your spreadsheet skills.

Solutions to these problems may be obtained from your instructor, however you may not post or redistribute, electronically or otherwise, any such solution material.  Solution material may be provided to you for your sole use only, at the discretion of your individual instructor.  Violation of this policy constitutes a copyright violation.  Because different instructors have different philosophies and policies regarding access to solutions, I am not able to provide access to solutions for individual students; you must work through your instructor.  Your instructor may contact me by email and I will gladly grant the necessary authorization and access.  Thank you.

 

 

LINKS

OBJECTIVE

    EXCEL PROBLEM WORKSHEET  

Basic

B-20.01

Process costing concepts
 

B-20.02

Equivalent unit calculations (weighted-average)
 

B-20.021

Equivalent unit calculations (FIFO)
 

B-20.03

Calculating cost per equivalent unit (weighted-average)
  B-20.031 Calculating cost per equivalent unit (FIFO)
 

B-20.04

Allocating costs to production (weighted-average)
 

B-20.041

Allocating costs to production (FIFO)
 

B-20.05

Preparing a cost of production report (weighted-average)
 

B-20.051

Preparing a cost of production report (FIFO)
 

B-20.06

Journal entries from cost of production data
 

B-20.07

Critical thinking about process cost flows

B-20.08

Basic activity-based costing concepts
 

B-20.09

Straightforward application of activity-based costing
           

Involved

I-20.01

Critical thinking about process costing (weighted-average)

I-20.011 Critical thinking about process costing (FIFO)
 

I-20.02

Process costing (weighted-average) with journal entries

 

I-20.021

Process costing (FIFO) with journal entries

 

I-20.03

Team-based process costing involving multiple departments

I-20.04

Application of activity-based costing to a bidding situation