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AND EITHER SOLVE Case B.| Job Number: 5B 476 Customer: Philadelphia Zoo Description: 2500 quantity due July 31 Date Direct Materials Direct Labor Manufacturing Overhead
AND EITHER SOLVE Case B.| Job Number: 5B 476 Customer: Philadelphia Zoo Description: 2500 quantity due July 31 Date Direct Materials Direct Labor Manufacturing Overhead 7/10 700 7/12 900 7/15 440 550 7/22 380 475 7/24 1600 7/27 1500 7/31 540 675 Cost of completed job: ... Direct Materials ... Direct Labor ... Manufacturing overhead Total Cost Unit Cost Answer the following questions about the partially completed Job Order Cost Sheet above. 1) What is the predetermined overhead rate? 2) What are the total cost and unit cost of the completed job? 3) Assume this company works on one job at a time. What was the balance in Work in Process Inventory at July 15? July 24? July 31? 4) Prepare the entry to record the completion of the job. 5) If the cages were sold and shipped on August 1 for $5 each, prepare the journal entry and calculate the profit. 6) Hmmm, what kind of white lion cages can be built and sold for only $5 each
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