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Can yall help me figure out the Job sheets??? Yes, thank you! You work for Thunderduck Custom Tables Inc. This is the first month of
Can yall help me figure out the Job sheets???
Yes, thank you!
You work for Thunderduck Custom Tables Inc. This is the first month of operations. The company designs and manufactures specialty tables. Each table is specially customized for the customer. This month, you have been asked to develop and manufacture two new tables for customers. You will design and build the tables. The company does not have indirect material You will be keeping track of the costs incurred to manufacture the tables using Job \#1 Cost Sheet and Job \#2 Cost Sheet. The cost of the direct materials that can be used to manufacture the table are as follows. Assume a $50 per hour wage rate to the assembly employees The company uses a job order costing system and applies manufacturing overhead to jobs based on direct labor hours. The company estimates that there will be 120 direct labor hours worked during the month Assume a $50 per hour wage rate to the assembly employees The company uses a job order costing system and applies manufacturing overhead to jobs based on direct labor hours The company estimates that there will be 120 direct labor hours worked during the month What is the predetermined overhead rate (POHR)? The first order you received was to manufacture a table using a table top and four legs. This is your Job \#1. The customer that has ordered Job \#2, wants a table that is the same as Job \#1, but wants to also add a drawer to the table. The following is a list of transactions that need to be recorded for the company for activity in the month of December Record those in the "General Journal" tab of the excel file using the proper format. Please use the following accounts lob Cost Sheet \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Cost Summary } \\ \hline Direct Materials & $6,200 \\ \hline Direct Labor & $2,700 \\ \hline Manufacturing Overhead & $4,300 \\ \hline total Product cost & $ \\ \hline Unit Product cost & \\ \hline & \\ \hline \end{tabular} Job Cost Sheet Step by Step Solution
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