Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribedimage text in transcribed

A job cost sheet of Sandoval Company is given below. Job Cost Sheet JOB NO. 469 Quantity 2,500 White Lion Cages Date Requested ITEM 7/2 Todd Company FOR Date Completed 7/31 Manufacturing Overhead Direct Direct Date Materials Labor 700 7/10 12 900 15 400 500 22 300 375 24 1,700 27 1,550 31 500 625 Cost of completed job: Direct materials Direct labor Manufacturing overhead Total cost Unit cost *(a) 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 Direct labor Manufacturing overhead (2) Overhead is applied on the basis of direct labor cost. What is the predetermined manufacturing overhead rate? Predetermined manufacturing overhead rate % (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 Unit cost of the completed job 2$

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Tools for business decision making

Authors: kimmel, weygandt, kieso

4th Edition

978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461

More Books

Students also viewed these Accounting questions