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A job cost sheet of Sandoval Company is given below. Job Cost Sheet JOB NO. 469 Quantity 2,500 ITEM White Lion Cages Date Requested 7/2

A job cost sheet of Sandoval Company is given below.

Job Cost Sheet

JOB NO. 469 Quantity 2,500
ITEM White Lion Cages Date Requested 7/2
FOR Todd Company Date Completed 7/31

Date

Direct Materials

Direct Labor

Manufacturing Overhead

7/10 700
12 900
15 500 625
22 300 375
24 1,675
27 1,525
31 700 875

Cost of completed job:
Direct materials
Direct labor
Manufacturing overhead
Total cost
Unit cost

Answer the following questions. (1) What are the source documents for direct materials, direct labor, and manufacturing overhead costs assigned to this job?

Source Documents
Direct materials select the source documents Materials requisition slipsPredetermined overhead rateTime tickets
Direct labor select the source documents Materials requisition slipsPredetermined overhead rateTime tickets
Manufacturing overhead select the source documents Materials requisition slipsPredetermined overhead rateTime tickets

(2) Overhead is applied on the basis of direct labor cost. What is the predetermined manufacturing overhead rate?

Predetermined manufacturing overhead rate enter the predetermined manufacturing overhead rate in percentages %

(3) What are the total cost and the unit cost of the completed job? (Round unit cost to 2 decimal places, e.g. 1.25.)

Total cost of the completed job $enter a dollar amount
Unit cost of the completed job $enter a dollar amount rounded to 2 decimal places

eTextbook and Media

List of Accounts

Prepare the entry to record the completion of the job. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date

Account Titles and Explanation

Debit

Credit

July 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

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