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1 A21 2 B fx C D E F G H Shawn Toy Company incurred the following costs to produe job number TB78, which consisted
1 A21 2 B fx C D E F G H Shawn Toy Company incurred the following costs to produe job number TB78, which consisted of 1,000 teddy bears that can walk, talk, and play cards. 3 Direct Materials 4 4/1/2020 Requisition No. 101: 400 yards of fabric at $0.80 per yard 5 4/5/2020 Requisition No. 108: 500 cubic feet of stuffing at $0.30 per cubic foot 6 7 Direct Labor 8 9 4/15/2020 Time card number 72: 500 hours at $12.00 per hour 10 Manufacturing Overhead 11 12 Applied on the basis of direct-labor hours at $2.00 per hour 13 The completed bears were transferred at the end of the month 14 15 On April 30, 700 of the bears were shipped to a local toy store for a selling price of $12 each. 16 17 Required: 18 a. 19 b. 20 Complete the job cost sheet for TB78. (5 points) Prepare the journal entries for the above transactions (including the shipment on April 30) 8 points 21 Quantity: 1,000 22 23 Job Cost Sheets 24 Job No. TB78 2222 Item: Subsidiary Ledger teddy bears Manufacturing Direct Labor 28 Date Direct Materials Overhead 29 30 31 32 33 34 35 36 37 38 Cost of completed job Direct materials 39 40 Direct labor 41 Manufacturing Overhead 42 Total Cost 43 Unit cost (S/qty) 44 45 46 47 Journal Entries 48 49
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