Design a case study to apply the job-order costing method with its correction.

Instructions: You need to design your own case study with REAL data (a real activity with real departments and real employees). As if you really have created your own company and to which you are trying to compute and record your costs according to the job-order costing method.

You have to include:

1- Material requisition forms

2- Time tickets

3- Job cost sheets for at least TWO jobs

4- TWO departments (at least) in your manufacturing process

5- The multiple predetermined overhead cost for assigning your manufacturing overhead cost to jobs

6- The estimates for Manufacturing overhead costs using the formula y = a + bx

7- Preparation of ALL the T-accounts used in ALL of your steps (Since Materials purchases until Sales of Finished Goods).

8- Period costs too