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Complete the job cost sheet with the following information: The Lebron's Jam Company is making Peach Jam. You are to complete the Job Cost
Complete the job cost sheet with the following information: The Lebron's Jam Company is making Peach Jam. You are to complete the Job Cost worksheet based on the information provided. If you can, please complete this with formulas. Here is what we did today: This is job 10B and because the facility is small, they don't use the Department. Today there will be 20 batches of jam for this job. There are 5 pounds of Peaches and 2.5 pounds of sugar in each batch. There is also 1/4 cup of pectin added to each batch. Each batch is approximately 22 jars. Lebron's Jam filled 438 jars today. Each jar needs a lid and a label. Peaches cost $5.50 per pound. Sugar costs $.35 per pound. Pectin costs $.10 per cup. Jars are $.27 each. Lids are $.06 each. Labels cost $.0052 each. The production labor is paid $15 per hour. There are 3 workers and each worked 7.5 hours Manufacturing overhead was calculated at the beginning of the year as $.56 per jar. Complete the costing sheet for this job. If you were going to use this job costing worksheet, what would you change?
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