Contact Cost Of A Manufactured Product-Job Costing System.Che Untitled document - Google Docs Robert Perez is a contractor specializing in custom-built Jacuzzis. As of May 1, 2016, Perez has incurred the following costs for each of the jobs listed below. Perez uses the Job Order Cost system. STINER ALTON HERMAN DM $2,500 DM $2,000 DM $ 900 $2,000 DL $1.200 DL $ 800 200 FOH $ 840 FOH $ 560 TOTAL $5.900 TOTAL $4,040 TOTAL $2.260 FOH During May, Perez incurs the following costs below. Perez begins one job during the month of May (Smith) and completes the other three during the course of the month (Stiner, Alton, and Herman). Factory Overhead is charged to jobs on the basis of $.70 per dollar of direct labor hours. STINER ALTON HERMAN SMITH MATERIALS REQUISITIONS $ 500.00 $ 600.00 $2,300.00 $1,900.00 TIME TICKETS $400.00 $1,000.00 $1,300.00 $2,300.00 Submission Requirements Use this M1 Product Cost Project Excel template e to provide the following information: 1. Determine the allocated Factory Overhead (FOH) for each job. MATERIALS REQUISITIONS TIME TICKETS FOH (ALLOCATED) STINER ALTON HERMAN SMITH 2. Determine the total cost of each of the completed jobs. STINER ALTON HERMAN OM DM OM FOH TOTAL $ FOH $ TOTALS FOH TOTAL $ 3. What is the total amount left in the Work in Process account at the end of May Hint: Use the job cast sheet for oper