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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
7/1/2017 Q-4698 $ 1,250
7/1/2017 W-3393 600
7/5/2017 Q-4725 1,000
7/5/2017 W-3479 450
7/10/2017 W-3559 300

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

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