ACCA知识点：材料成本控制-高顿教育ACCA培训机构官方网站

ACCA知识点：材料成本控制

2015年07月23日
09:58
作者：高顿财经
来源：高顿财经
阅读：（89）

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摘要：【高顿ACCA小编】2015年 ACCA 考试即将开始，我们将第一时间公布考试相关内容，请各位考生密切关注高顿ACCA，预祝大家顺利通过ACCA考试。今天为大家带来的...

　【高顿ACCA小编】2015年ACCA考试即将开始，我们将第一时间公布考试相关内容，请各位考生密切关注高顿ACCA，预祝大家顺利通过ACCA考试。今天为大家带来的是ACCA知识点：材料成本控制

　　Accounting for material costs

　　Example:material control account

　　Bossy Co manafactures a single product and has the following transactions for material during a particular period:

　　(1)Raw materials of $500,000 were purchased on credit from a supplier(Timid Co).

　　(2)Raw materials costing $10,000 were returned to the same supplier due to defects.

　　(3)The total stores requisitions for direct material for the period were $40,000.

　　(4)Total issues for indirect materials during the period were $15,000.

　　(5)$5,000 of unused material was returned to stores from production.

　　Required

　　Prepare the material control account for the period,showing clearly how each transaction is treated.

　　Solution

　　Note on transactions:

　　(1)All raw material purchases are entered into the material control account as a debit entry-the corresponding credit goes to the payables control account.

　　(2)Any returns of material are treated in the opposite way to purchases of material.

　　(3)Direct material is directly related to production,The material control account will be reduced(credited) by the amount of material being issued.On-going production is represented by a Work in Progress account in the ledger system.

　　(4)Indirect materials are not directly related to production so will not affect the Work in Progress account,Such materials are classed as factory overheads and will therefore be entered into a Factory Overheads account.

　　(5)The unused material returned to stores(inventory)will increase materials inventory and will therefore be a debit entry in the material control account.As it is being returned from production,the corresponding credit entry will be in the Work in Progress account.

　　MATERIAL CONTROL ACCOUNT

　　$ $

　　(1)Payables control account 500,000 (2)Payables control account 10,000

　　(2)Work in Progress account 5,000 (3)Work in Progress account 400,000

　　(4)Factory Overheads account 15,000

　　Closing inventory (bal.figure) 80,000

　　505,000 505,000

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