ACT500 Simon Fraser University Riyadh Corporation Job Order Costing Report Applying Managerial Accounting Concepts to the Service Industry: Complete the f

ACT500 Simon Fraser University Riyadh Corporation Job Order Costing Report Applying Managerial Accounting Concepts to the Service Industry:

Complete the following questions using Microsoft Excel. No other submission format is allowed. Review the grading rubric to confirm you are meeting the assignment requirements. (All amounts in SAR except units.)

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Given the following information for Riyadh Corporation:
Advertising costs 18,000
Administrative salaries 39,000
Delivery vehicle depreciation 12,000
Factory repair and maintenance 55,000
Indirect labor 48,000
Indirect materials 23,000
Manufacturing equipment depreciation 18,000
Office rent 24,000
President’s salary 150,000
Sales revenue 1,000,000
Sales salary 120,000
Direct materials 140,000
Direct labor (10,000 hours) 250,000
Machine hours 1,600
Machine hours per unit 4
Direct labor hours per unit 4
Direct materials per unit ?
Units manufactured 400
Units sold 375
Direction 1. Identify (list) and total period costs
Calculate overhead per unit based on machine hours
Calculate total product costs for units manufactured
Calculate total cost of goods sold
Prepare income statement in good form assuming no beginning inventory
You must show all your work SEU ACT500
Critical Thinking Rubric – Module 2
Exceeds Expectation
Content, Research, and Analysis
10 Points
Requirements
Includes all of the
required components,
as specified in the
assignment.
Problem 2-1
Problem 2-2
Problem 2-3
Problem 2-4
Problem 2-5
Meets Expectation
Below Expectation
Limited Evidence
7-9 Points
Includes most of the
required components,
as specified in the
assignment.
3-4 Points
Includes few of the
required
components, as
specified in the
assignment.
0-7 Points
Fails to demonstrate
adequate
comprehension of
the concept.
0-5 Points
Fails to demonstrate
adequate
comprehension of
the concept.
0-5 Points
Fails to demonstrate
adequate
comprehension of
the concept.
0-5 Points
Fails to demonstrate
adequate
comprehension of
the concept.
0-5 Points
Fails to demonstrate
adequate
comprehension of
the concept.
14-16 Points
All components are
correct, with no errors
or omissions.
11-13 Points
Some significant but
not major errors exist.
5-6 Points
Includes some of the
required
components, as
specified in the
assignment.
8-10 Points
Some major errors or
omissions exist.
15-18 Points
All components are
correct, with no errors
or omissions.
11-14 Points
Some significant but
not major errors exist.
6-10 Points
Some major errors or
omissions exist.
15-18 Points
All components are
correct, with no errors
or omissions.
11-14 Points
Some significant but
not major errors exist.
6-10 Points
Some major errors or
omissions exist.
15-18 Points
All components are
correct, with no errors
or omissions.
11-14 Points
Some significant but
not major errors exist.
6-10 Points
Some major errors or
omissions exist.
15-18 Points
All components are
correct, with no errors
or omissions.
11-14 Points
Some significant but
not major errors exist.
6-10 Points
Some major errors or
omissions exist.
Total points possible = 100

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