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A B 1 Problem Question 2: Job Costing 2 3 C D F G H 4 5 6. Requisitioned materials for production are as
A B 1 Problem Question 2: Job Costing 2 3 C D F G H 4 5 6. Requisitioned materials for production are as follows: 7 600 sq.ft. for Job 101 at $12 per sq.ft. 8 500 sq.ft. for Job 102 at $16 per sq.ft. 9 10 Accumulated direct labor costs as follows: 11 800 hours of direct labor on Job 101 at $15 per hour 12 600 hours of direct labor on Job 102 at $18 per hour 13 14 15 16 17 18 19 20 Direct labor hours 21 Job 101 800 Units produced 700 22 Job 102 600 500 23 TEI 24 Required: LIA Using the information provided, determine 1) The pre-determined factory overhead rate: ii) The amount of factory overhead applied to: 25 A. 26 27 28 29 30 31 B 32 33 34 35 36 37 38 39 40 41 C 42 43 44 45 46 47 48 49 50 51 52 53 54 Job 101: per hour Job 102: Prepare the Job Cost Sheets for Job 101 and 102. Calculate the unit costs for Job 101 and 102 Cost components Job 101 S Job 102 $ Prepare the journal entries for the total requisition of direct materials and the assignment of direct labor and the allocation of factory overhead during January. Wages are not yet paid. Accounts Debit Total requisition of Direct materials Assignment of direct labor Allocation of MOH Credit
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