EXHIBIT 1: BUDGETED COSTS FOR 2014 EXHIBIT 3: ANNUAL COST ASSIGNMENT AND ALLOCATION WORKSHEET Total Forming Finishing Assembly Direct labout $210,000 Direct material 140,000 Supervision 51,500 General manager's salary 105,000 Supplies 42,000 Direct Costs Direct labout Direct material Total direct costs $ 210.000 140,000 350,000 Shipping 30,000 Power 13,500 Rent Factory Overhead Costs 54,000 Light and heat 18,000 Supervision 51,500 Depreciation on machinery 60,000 Supplies 42,000 Insurance on machinery 6,000 Power 13,500 Repairs 6,500 Selling expenses 70,000 Rent 36,000 Administrative expenses 33,500 Light and heat 12,000 Depreciation, machinery 60.000 EXHIBIT 2: JOB COST SHEET Insurance, machinery 6.000 Repairs 6.500 Total factory overhead costs 227.500 Tre ure Trop hp Compan p Administrative Costs General manager's salary 105,000 Shipping 30,000 Customer: Royal Golf Club Box 11258 Carstairs, Alberta Order No. 3515 Date: April 6, 2014 Rent 18,000 Light and heat 6.000 Job Order No.: 35 No. of Units: 80 Materia Labou Department Hours I Cost Labour Cost Overhead Applied Total Rate Forming Finishing $ 301.00 10.0 $ 14.00 15.0 21.00 $140.00 315.00 Assembly 10.0 17.50 175.00 Total $ 301.00 35.0 $630.00 Selling expenses Administrative expenses Total administrative expenses Overhead Application Rates Factory overhead application rate (FOH expenses + Direct labour) 70,000 33.500 262,500 Total overhead application rate (Total expenses + Direct labour)