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Exercise 15-2 Job cost computation LO C2 The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay

Exercise 15-2 Job cost computation LO C2

The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by code numbers starting with the letter Q and the time tickets start with W. At the start of the year, management estimated that overhead cost would equal 110% of direct labor cost for each job.

Date Document Amount

7/1/2015 Q-4698 $ 1,250

7/1/2015 W-3393 600

7/5/2015 Q-4725 1,000

7/5/2015 W-3479 450

7/10/2015 W-3559 300

Determine the total cost on the job cost sheet for Job 9-1005.

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