Exercise 2-6 (also in your book at end of chapter) A job cost sheet of Sandoval Company is given below. Job Cost Sheet Job No. 469 Item: White lion Cages For: Todd Company Quantity 2,500 Date Requested: July 02 Date Completed: July 31 Manufacturing Overhead Direct Labor Direct Materials 690 900 Date 7/10 7/12 7/15 7/22 7/24 7/27 7/31 440 380 550 475 1,600 1,500 540 675 Answer the following questions. (a) What are the source documents for: (1) direct materials, (2) direct labor, and (3) manufacturing overhead costs assigned to this job? (b) Overhead is applied on the basis of direct labor cost. What is the predetermined manufacturing overhead rate? (c) What are the total cost and the unit cost of the completed job? (a) The source documents are: (1) (2) (3) (b) The predetermined overhead rate is Copyright 2015 John Wiley & Sons, Inc Waygandt, Financial and Managerial Accounting 2. Solutions Manual (For Instructor Use Only) 16-3 what percentage of direct labor costs? POR Rate % = (c) Cost of Completed Job: Direct Materials Direct Labor Factory Overhead Total Cost Unit Cost