Cost Accounting - Muhammad Beni (23) 3-29

A. Definisi di dalam Inventory Management 1. Purchasing costs are the cost of goods acquired from suppliers, including incoming freight costs. These costs usually make up the largest cost category of goods in inventory. Discounts for various purchase-order sizes and supplier payment terms affect purchasing costs. 2. Ordering costs are the costs of preparing and issuing purchase orders, receiving and inspecting the items included in the orders, and matching invoices received, purchase orders, and delivery records to make payments. Ordering costs include the cost of obtaining purchase approvals, as well as other special processing costs. 3. Carrying costs are costs that arise while goods are being held in inventory. Carrying costs include the opportunity cost of the investment tied up in inventory  and the costs associated with storage, such as space rental, insurance, and obsolescence. 4. Stockout costs are costs that arise when a company runs out of a particular item for which

Contoh Soal: Anzio Company manufactures a recycling container in its forming department. Direct materials are added at the beginning of the production process. Conversion costs are added evenly during the production process. Some units of this product are spoiled as a result of defects, which are detectable only upon inspection of finished units. Normally, spoiled units are 10% of the finished output of good units. That is, for every 10 good units produced, there is 1 unit of normal spoilage. Summary data for July 2014 are as follows: Jawaban : Step 1 : Identifikasi Physical Unit dan Hitung Normal Spoilage serta Abnormal Spoilage input = 1500 + 8500 = 10.000 unit karena normal spoilage adalah 10% dari good units output, maka jumlah output adalah : output = 7000 + 2000 + 700 (normal spoilage) + 300 (abnormal Spoilage) = 10.000 unit Step 2 - Step 5 tergantung kepada metode yang digunakan: Weighted-Average Method jika ada Spoilage cost per goods unit comple

A. Definition Spoilage : units of production—whether fully or partially completed—that do not meet the specifications required by customers for good units and are discarded or sold at reduced prices. Some examples of spoilage are defective shirts, jeans, shoes, and carpeting sold as “seconds” and defective aluminum cans sold to aluminum manufacturers for remelting to produce other aluminum products. Rework : units of production that do not meet the specifications required by customers but that are subsequently repaired and sold as good finished units. For example, defective units of products (such as smartphones, tablets, and laptops) detected during or after the production process but before the units are shipped to customers can sometimes be reworked and sold as good products. Scrap : residual material that results from manufacturing a product. Examples are short lengths from woodworking operations, edges from plastic molding operations, and frayed cloth and end cuts from su