and taxes. Overhead is applied at 10% of direct labor cost. In the Doghouse summarizes costs by direct materials, direct labor, and overhead on its job cost sheets. Direct Direct Materials Labor Standard: Small $64 $60 Medium 111 90 Large 135 150 Deluxe: Small $78 $120 Medium 152 180 Large 256 240 At the beginning of July, the company has one job, job number 605, in progress from the previous month. This job is for an order of 20 small, deluxe doghouses. As of July 1, $312.00 of direct materials have been used, $480.00 of direct labor have been charged to the job and $48.00 of overhead was applied to the job. Click on the link below to get more detail on job number 605. During July, In the Doghouse received an order for 16 large, standard doghouses. This is job number 701 and was completed by the end of the month. Another order was received during the month, job 702, for 12 medium, deluxe doghouses. At the end of July, job 702 was still in process. $1,094.4 of direct materials has been used, $1,296 of direct labor has been charged to the job, and overhead was applied to job 702 using the predetermined overhead rate of 10% of direct labor cost. Complete the following job cost sheets for the month of July in the Doghouse and answer the following questions. Complete the following job cost sheets for the month of July In the Doghouse and answer the following questions. Job 605 20 small, deluxe doghouses Direct materials $ Direct labor Overhead Total job cost Job 701 16 large, standard doghouses Direct materials $ Direct labor Overhead Total job cost Job 702 12 medium, deluxe doghouses Direct materials 561.6 Direct labor 864 Overhead 86.4 Total job cost 1,512.00 What is the balance in Work in Process on July 1? $ 1,200 What is the balance in Work in Process on July 31? $ 1,512 Think outside the box: What element would most likely be missing from a job cost sheet for a service organization? Direct materials + Job number 605 Job number 605: The following job cost sheet was prepared at the end of the previous month and shows the direct materials, direct labor, and overhead costs as of the end of the month. When the job is completed in July, the amounts should show the totals for direct materials, direct labor, and overhead. Job 605 20 small, deluxe doghouses Direct materials $312 Direct labor 480 Overhead 48 Total job cost $840