Question
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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