Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A job cost sheet of Chamberlin Company is given below.JOB COST SHEETJOB No. 469 Quantity 2,000ITEM White Lion Cages Date Requested 7/2FOR Todd Company Date
A job cost sheet of Chamberlin Company is given below.JOB COST SHEETJOB No. 469 Quantity 2,000ITEM White Lion Cages Date Requested 7/2FOR Todd Company Date Completed 7/31DATEDirectMaterialsDirectLaborManufacturingOverhead7/10121522242731825900 1,6001,500 440380 540 550475 675 Cost of completed job Direct Materials $ Direct Labor $ Manufacturing overhead $ Total Cost $ Unit Cost $ QUESTIONS:1. What are the source documents for direct materials, direct labor, and manufacturing overhead costs assigned to this job?Direct Materials Direct Labor Manufacturing Overhead 2. What is the predetermined manufacturing overhead rate?_______ % 3. What are the total cost and the unit cost of the completed job?Total Cost$ Unit Cost$4. Prepare the entry to record the completion of the job.
Date
Account/Description
Debit
Credit
July 31____________________________$ ____________________________$
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started