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A job cost sheet of Tempus Company is given below. Job Cost Sheet JOB NO. 172 Quantity 2,000 FOR James Company Date Completed 5/31 Manufacturing
A job cost sheet of Tempus Company is given below. Job Cost Sheet JOB NO. 172 Quantity 2,000 FOR James Company Date Completed 5/31 Manufacturing Overhead 770 686 Date Direct Direct Materials Labor 5/10 1,035 12 1,126 15 550 22 490 24 1,000 27 1,875 31 670 Cost of completed job: Direct materials Direct labor Manufacturing Overhead Total cost Unit cost 938 Instructions: In the space provided in the text box, answer the following questions: (a) Answer the following questions, (1) What is the predetermined manufacturing overhead rate, as it is a % of direct labor? (2) What are the total cost AND the unit cost of the completed job? (b) Prepare the general journal entry to record the completion of the job. M
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