Question
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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