17 Summer rermDACSO0 ASSigumenS OtSASSIg mentJoDOrder COstmg Unit 3 Assignment - Job Order Costing Submit Assignment cements Due Sunday by 11:59pm Points 80 Submitting a text entry box or a file upload Instructions ons In this assignment, we will look at the costing system used in many small businesses. Job Order Costing is used when costs can be traced back to specific jobs. Car repair shops use Job order costing as they can track the parts and labor to each individual car so they can accurately bill the cus costing is how to allocate overhead accurately. We do this by estimating overhead in Job Order ations the beginning of the period and then adjust the actual amount at the end of the period. nces Download the assignment template and complete the problems on each tab. In this assignment 65 Problem 1-Completing the Job Cost Sheet Problem 2- Allocating costs to specific jobs Problem 3- Calculating under/over applied overhead Problem 4-Calculating overhead and completing a Cost of Goods manufactured schedule. Assignment Objectives Differentiate between the available costing methods. Apply Analyze various overhead allocation methods. Deliverables When you have finished, rename the file using your first initial, last name, course number and assignment number (for example AC306 A3.xlsx"). Cctimated tie to comnlate 4 heur MacBook Pro w A Bryanna Marie Hardy AC306 Unit 3 Assignment template [Protected View] Exce Q Tell me what you want to do View Review Formulap Data Page Layout Insert Home Enable Editing Be careful-ties from the Internet can contain viruses. Unless you need to edit, it's safer to stary in Protected View. PROTECTED VIEW Updste now Updates for Office ane ready to be installed, but firnt we need to close some appsa UPDATES AVAILABLE f. Enter titles and accounts in the green cells P A1 K G D B C Enter titles and accounts in the gieen cells the blue cells Enter Numbers 3 Enter your Calculations in the vellow cells Job Order Costing Unit 3 materials, and Lrepresents a time ticket. Manapement is using an overrate reate of he following indormation was contained on the materials and labor sheets for Job 316 for Lening Dikes. Code Mrepresents a requistion fo 125% of dir 6 1. The job cost sheet Emount Docume Date 2540 M-215 10 4/5 990 M-2157 250 M-2182 13 4/17 Job 9.1005 s Determine n the jpb cost sheet fo e total cost 16 Job cost sheet Job 315 Overhead Total cost Direct Materials Costs applied mout Req. Amount ticket 21 Problem 3Problem Problem 1 Problem 2 Dead 1. The job cost sheet DOcume 7 Amount Date nt 2,540 750 L-4521 4/1 M-2150 3,250 4/5 10 L-4533 980 4/7 11 M-2167 4/12 250 12 M-2182 4/17 14 15 Determine the total cost on the job cost sheet for Job 9-1005. 16 17 Job cost sheet: Job 316 Total cost Overhead Direct labor Direct Materials 20 Time Costs applied Amount Amount Req. # ticket Date 21 22 24 25 26 27 Totals 28 29 Problem 4 Problem 2 Problem 3 Problem 1 Ready 9 9 = 8 8RS8838N 17 Summer rermDACSO0 ASSigumenS OtSASSIg mentJoDOrder COstmg Unit 3 Assignment - Job Order Costing Submit Assignment cements Due Sunday by 11:59pm Points 80 Submitting a text entry box or a file upload Instructions ons In this assignment, we will look at the costing system used in many small businesses. Job Order Costing is used when costs can be traced back to specific jobs. Car repair shops use Job order costing as they can track the parts and labor to each individual car so they can accurately bill the cus costing is how to allocate overhead accurately. We do this by estimating overhead in Job Order ations the beginning of the period and then adjust the actual amount at the end of the period. nces Download the assignment template and complete the problems on each tab. In this assignment 65 Problem 1-Completing the Job Cost Sheet Problem 2- Allocating costs to specific jobs Problem 3- Calculating under/over applied overhead Problem 4-Calculating overhead and completing a Cost of Goods manufactured schedule. Assignment Objectives Differentiate between the available costing methods. Apply Analyze various overhead allocation methods. Deliverables When you have finished, rename the file using your first initial, last name, course number and assignment number (for example AC306 A3.xlsx"). Cctimated tie to comnlate 4 heur MacBook Pro w A Bryanna Marie Hardy AC306 Unit 3 Assignment template [Protected View] Exce Q Tell me what you want to do View Review Formulap Data Page Layout Insert Home Enable Editing Be careful-ties from the Internet can contain viruses. Unless you need to edit, it's safer to stary in Protected View. PROTECTED VIEW Updste now Updates for Office ane ready to be installed, but firnt we need to close some appsa UPDATES AVAILABLE f. Enter titles and accounts in the green cells P A1 K G D B C Enter titles and accounts in the gieen cells the blue cells Enter Numbers 3 Enter your Calculations in the vellow cells Job Order Costing Unit 3 materials, and Lrepresents a time ticket. Manapement is using an overrate reate of he following indormation was contained on the materials and labor sheets for Job 316 for Lening Dikes. Code Mrepresents a requistion fo 125% of dir 6 1. The job cost sheet Emount Docume Date 2540 M-215 10 4/5 990 M-2157 250 M-2182 13 4/17 Job 9.1005 s Determine n the jpb cost sheet fo e total cost 16 Job cost sheet Job 315 Overhead Total cost Direct Materials Costs applied mout Req. Amount ticket 21 Problem 3Problem Problem 1 Problem 2 Dead 1. The job cost sheet DOcume 7 Amount Date nt 2,540 750 L-4521 4/1 M-2150 3,250 4/5 10 L-4533 980 4/7 11 M-2167 4/12 250 12 M-2182 4/17 14 15 Determine the total cost on the job cost sheet for Job 9-1005. 16 17 Job cost sheet: Job 316 Total cost Overhead Direct labor Direct Materials 20 Time Costs applied Amount Amount Req. # ticket Date 21 22 24 25 26 27 Totals 28 29 Problem 4 Problem 2 Problem 3 Problem 1 Ready 9 9 = 8 8RS8838N