Direct Direct Materials Labor Standard: Small $64 $60 Medium 111 90 Large 135 150 Deluxe: Small $78 $120 Medium 152 180 Large 256 240 At the beginning of August, the company has one job, job number 706, in progress from the previous month. This job is for an order of 16 large, standard doghouses. As of August 1, $432.00 of direct materials have been used, $480.00 of direct labor have been charged to the job and $48.00 of overhead was applied to the job. Click on the link below to get more detail on job number 706. During August, In the Doghouse received an order for 20 medium, standard doghouses. This isjob number 801 and was completed by the end of the month. Another order was received during the month, job 802, for 12 small, deluxe doghouses. At the end of August, job 802 was still in process. $561.6 of direct materials has been used, $864 of direct labor has been charged to the job, and overhead was applied to job 802 using the predetermined overhead rate of 10% of direct labor cost. Complete the following job cost sheets for the month of August In the Doghouse and answer the following questions. Job 706 16 large, standard doghouses Direct materials $- J Direct labor 1" Overhead E x Total job cost $:l Job 801 20 medium, standard doghouses Direct materials $:l Direct labor E Overhead C] Total job cost $:l Job 802 12 small, deluxe doghouses Direct materials $E Direct labor E Overhead E Total job cost $:l What is the balance in Work in Process on august 1? 35: What is the balance in Work in Process on august 31? $E Think outside the box: What element would most likely be missing from a job cost sheet for a service organization? + Job number 706 Job number 706: The following job cost sheet was prepared at the end of the previous month and shows the direct materials, direct labor, and overhead costs as of the end of the month. When the job is completed in August, the amounts should show the totals for direct materials, direct labor, and overhead. Job 706 16 large, standard doghouses Direct materials $432 Direct labor 480 Overhead 48 Total job cost $960 Feedback Check My Work The units of direct materials can be directly traced into specific jobs, while the units of indirect materials are much harder to track. At the end of August, the first two jobs are complete, so their complete direct materials, direct labor and applied overhead should be reflected. The last job, however, is still in process, and so only those DL and DM costs recorded, as well as overhead applied up to this point, should be reflected. Feedback Check My Work Partially correct