Question
At the beginning of August, the company has one job, job number 706 , in progress from the previous month. This job is for an
At the beginning of August, the company has one job, job number 706, in progress from the previous month. This job is for an order of 16 large, standard doghouses. As of August 1, $432.00 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 706.
During August, In the Doghouse received an order for 20 medium, standard doghouses. This is job number 801 and was completed by the end of the month.
Another order was received during the month, job 802, for 12 small, deluxe doghouses. At the end of August, job 802 was still in process. $561.6 of direct materials has been used, $864 of direct labor has been charged to the job, and overhead was applied to job 802 using the predetermined overhead rate of 10% of direct labor cost.
Complete the following job cost sheets for the month of August In the Doghouse and answer the following questions.
Direct Direct Materials Labor Standard: Small $64 $60 Medium 111 90 Large 135 150 Deluxe: Small $78 $120 Medium 152 180 Large 256 240
Step by Step Solution
There are 3 Steps involved in it
Step: 1
The calculations are given below Job 706 16 large standard ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started