Comfort King Company's Production Department started Job 417 on October 7, 2020. The job was 700 faux leather sofas. Job 417 was completed on October 16, 2020. The company incurred the following actual costs: The company had the following estimates for Manufacturing overhead is allocated on the basis Total Cost Hours of direct labor (DL) hours. Leather $ 64,725.00 Req. No 705 Est. Variable MOH per DL hour $ 1.75 Cushions $ 14,700.00 Reg. No 705 Total Estimated Fixed MOH $ 7,045,500 Nails $ 415.00 Reg. No 697 Total Estimated direct labor hours 110,000 Steel $ 33,650.00 Reg. No 703 Total Estimated machine hours 225,000 Plywood $ 10,080.00 Req. No 703 Glue $ 175.00 Req. No 697 NOTE: Calculate a single rate including both Employee #12 331.25 25.00 Ticket 310 variable and fixed component of manufacturing Employee #23 $ 216.75 17.00 Ticket 313 Employee #62 $ 138.00 12.00 Ticket 315 NOTE: This is NOT a group project, you are NOT to Actual MOH $ 3,816.00 get answers from outside resources and doing so Actual machine hours 107.25 will be an academic integrity violation as this is All these employees were working on the assembly line. essentially a test. Based on the above information, fill out the job cost sheet for Comfort King, Calcuate the total cost of the job as well as the unit product cost of each sofa. Points will be awarded based on correctness as well as presentation. Combine requistions where applicable. Use formulas and cell references whenever possible! JOB COST SHEET FOR COMFORT KING COMPANY Job Number Department Product Name Date Initiated Date Completed Units Completed JOB COST SHEET FOR COMFORT KING COMPANY Job Number Department Product Name Date Initiated Date Completed Units Completed Direct Materials Req. Number Amount Direct Labor Hours Manufacturing Overhead Hours Rate Amount Ticket Amount Total 3 21 5 Total Total 6 7 8 Cost Summary -9 Direct Materials 10 Direct Labor #1 Maunufacturing Overhead 42 Total Product Cost 43 Unit Product Cost 44 46 Comfort King sells their sofas to middle of the road retailers at a 30% markup. Calculate the selling price of the total 47 job AND the selling price per sofa. 48 49 Total Product Cost 50 Total Mark-up 51 Total Selling Price of Job 52 Unit Selling Price 53 54 55 56 57 58 59 60 61 62 63 64 Comfort King Company's Production Department started Job 417 on October 7, 2020. The job was 700 faux leather sofas. Job 417 was completed on October 16, 2020. The company incurred the following actual costs: The company had the following estimates for Manufacturing overhead is allocated on the basis Total Cost Hours of direct labor (DL) hours. Leather $ 64,725.00 Req. No 705 Est. Variable MOH per DL hour $ 1.75 Cushions $ 14,700.00 Reg. No 705 Total Estimated Fixed MOH $ 7,045,500 Nails $ 415.00 Reg. No 697 Total Estimated direct labor hours 110,000 Steel $ 33,650.00 Reg. No 703 Total Estimated machine hours 225,000 Plywood $ 10,080.00 Req. No 703 Glue $ 175.00 Req. No 697 NOTE: Calculate a single rate including both Employee #12 331.25 25.00 Ticket 310 variable and fixed component of manufacturing Employee #23 $ 216.75 17.00 Ticket 313 Employee #62 $ 138.00 12.00 Ticket 315 NOTE: This is NOT a group project, you are NOT to Actual MOH $ 3,816.00 get answers from outside resources and doing so Actual machine hours 107.25 will be an academic integrity violation as this is All these employees were working on the assembly line. essentially a test. Based on the above information, fill out the job cost sheet for Comfort King, Calcuate the total cost of the job as well as the unit product cost of each sofa. Points will be awarded based on correctness as well as presentation. Combine requistions where applicable. Use formulas and cell references whenever possible! JOB COST SHEET FOR COMFORT KING COMPANY Job Number Department Product Name Date Initiated Date Completed Units Completed JOB COST SHEET FOR COMFORT KING COMPANY Job Number Department Product Name Date Initiated Date Completed Units Completed Direct Materials Req. Number Amount Direct Labor Hours Manufacturing Overhead Hours Rate Amount Ticket Amount Total 3 21 5 Total Total 6 7 8 Cost Summary -9 Direct Materials 10 Direct Labor #1 Maunufacturing Overhead 42 Total Product Cost 43 Unit Product Cost 44 46 Comfort King sells their sofas to middle of the road retailers at a 30% markup. Calculate the selling price of the total 47 job AND the selling price per sofa. 48 49 Total Product Cost 50 Total Mark-up 51 Total Selling Price of Job 52 Unit Selling Price 53 54 55 56 57 58 59 60 61 62 63 64