Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ajob cost sheet of Cullumber Company is given below. Job Cost Sheet JOB NO. 469 Quantity 2.000 ITEM White Lion Cages Date Requested 712 FOR

image text in transcribed
image text in transcribed
Ajob cost sheet of Cullumber Company is given below. Job Cost Sheet JOB NO. 469 Quantity 2.000 ITEM White Lion Cages Date Requested 712 FOR Todd Company Date Completed 7/31 Direct Materials Date Direct Labor Manufacturing Overhead 7/10 700 12 900 15 600 720 22 400 480 24 1,660 27 1.520 31 700 840 (2) Overhead is applied on the basis of direct labor cost. What is the predetermined manufacturing overhead rate? Predetermined manufacturing overhead rate 90 (3) What are the total cost and the unit cost of the completed job? (Round unit cost to 2 decimal places, e9. 1.25) Total cost of the completed job Unit cost of the completed job 5 Prepare the entry to record the completion of the job (Listol debit entries before credit entries. Credit account titles are automatically Indented when amount is entered. Do not indent manually Date Account Titles and Explanation Debit Credit July 31

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Corporate Finance, European Edition

Authors: Peter Moles, Robert Parrino, David S. Kidwell

1st Edition

0470683708, 9780470683705

More Books

Students also viewed these Accounting questions

Question

Be able to differentiate between arbitration and mediation

Answered: 1 week ago

Question

Understand how arbitrators are credentialed and selected

Answered: 1 week ago

Question

Appreciate the advantages of arbitration

Answered: 1 week ago