A job cost sheet of Nilson Company is given below. Instructions (a) Determine the source documents for
Question:
A job cost sheet of Nilson Company is given below.
Instructions
(a) Determine the source documents for direct materials, direct labour, and manufacturing overhead costs assigned to this job.
(b) Calculate predetermined manufacturing overhead rate.
(c) Calculate the total cost and the unit cost of the completed job. (Round the unit cost to the nearest cent.)
(d) Prepare the entry to record the completion of the job.
Transcribed Image Text:
Job Cost Sheet ob No. 469 Item: White Lion Cages For: Tesla Compan uantity: 2,000 Date Requested: 7/2 Date Completed: 7/31 Direct Materials Labour Manufacturing Overhead Direct Date 7/10 12 15 $ 825 900 $400 350 $560 490 24 27 31 Cost of completed job: 1,600 1,500 500 700 Direct materials Direct labour Manufacturing overhead Total cost Unit cost
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a The source documents are Direct materials x Materials requisition slips D...View the full answer
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Related Book For
Managerial Accounting Tools for Business Decision Making
ISBN: 978-1118856994
4th Canadian edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
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