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Exercise 2-6 (Video) (Part Level Submission) A job cost sheet of Sandoval Company is given below. Job Cost Sheet Quantity Date JOB NO. ITEM
Exercise 2-6 (Video) (Part Level Submission) A job cost sheet of Sandoval Company is given below. Job Cost Sheet Quantity Date JOB NO. ITEM FOR 469 2,500 White Lion Cages Todd Company Direct Materials Date Requested Date Completed 7/2 7/31 Direct Labor Manufacturing Overhead 7/10 700 12 900 15 400 500 22 400 500 24 1,625 27 1,525 31 500 625 Cost of completed job: Direct materials Direct labor Manufacturing overhead Total cost Unit cost (a) Answer the following questions. (1) What are the source documents for direct materials, direct labor, and manufacturing overhead costs assigned to this job? Direct materials Direct labor Source Documents Materials requisition slips Time tickets Manufacturing overhead Predetermined overhead rate (2) Overhead is applied on the basis of direct labor cost. What is the predetermined manufacturing overhead rate? Predetermined manufacturing overhead rate % (3) What are the total cost and the unit cost of the completed job? (Round unit cost to 2 decimal places, e.g. 1.25.) Total cost of the completed job $ Unit cost of the completed job $ SHOW LIST OF ACCOUNTS
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