1. Company: HIJ Construction

Scenario: Job Order Costing

Data:

• Job A: Direct Materials $50,000, Direct Labor $30,000, Overhead $20,000
• Job B: Direct Materials $70,000, Direct Labor $40,000, Overhead $30,000

Requirements:

1. Calculate the total cost for each job.
2. Determine the cost per unit if Job A produces 1,000 units and Job B produces 1,500 units.
3. Discuss the benefits of job order costing.
4. Suggest improvements in job cost tracking.