-/25 1 View Policies Current Attempt in Progress Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month Job 157 and Job K52 involve 15 acres of landscaped terrain, which will require special-order, sprinkler heads to meet the specifications of the project. Using a job cost system to produce these barts, the following events occurred during December Raw materials were requisitioned from the company's inventory on December 2 for $5.025 on December for $1,062 and an December 14 for $3.480 in each instance, two-thirds (2/3) of these materials were for 157 and the rest for K52 Six time tickets were turned in for these two projects for a total amount of 188 hours of work. Al the workers were paid $155 per The time tickets were dated December 3, December 9, and December 15. On each of these days & labor hours were spent on these jobs two-thirds (2/3) for 357 and the rest for K52 The predetermined overhead rate is based on machine hours. The expected machine hour use for the year is 2.110 hours and the anticipated overhead costs are $44,000 for the year. The machines were used by workers on projects KS2 and 357 in De and 15. Six machine hours were used for project K52 (2 each day), and 8.5 machine bours were used for project 525 day and 3 each of the other days). Both of these special orders were completed on December 15, producing 200 surink and 100 sprinkler heads for K52 Additional job order activities during this period included Dec 1 Dec 2 Dec 12 Purchased raw materials from Durbin Supply Company on account for $52.600 Issued $40,000 of direct materials from the company's inventory to jobs other than K52 and 7d $3,100 indirect materials Paid Waterways factory salaries and wages for $65.600 Paid the factory's water bill of $9,000. Transferred $49.600 of costs from other completed jotu to finished good Dec 13 Dec 18 Dec 21 Paid the factory's electric bill of $12,000 for Waterways fatore Dec 31 Made adjusting entries forth factory that includest accrued property taxes of $11,900, UNG itional 16.300