File Home Insert Page Layout Formulas Data Review View Help MS Sans Serif Wraples stom Paste X Cut LL Copy 33 Format Painter Clipboard Nun A1 4 PART 5 5 Job Order Costing 11 12 13 14 15 21 22 To keep records of the actual cost of a special order job, a Job Order Cost System has been developed. 23 Overhead is applied at the rate of 50% of the direct labor cost. 24 25 91 32 Job Ordor Costing Soction 33 34 on January 1, 20x2, Division S began Job 2407 for the Client, THE BIG CHILDREN STORE The 35 job called for 4.000 customized lamps. The following set of transactions occurred from 11 January 5 until the job was completed 42 49 5 Jan Purchased 4.150 Lamp Kits @ $16.65 por kit 44 9-Jan 4.100 sets of Lamp Kits were requisitioned, including all those in the Beginning Inventory 45 17-Jan Payroll of 640 Direct Labor Hours @ $9 60 per hour 51 30 Jan Payroll of 890 Direct Labor Hours @ $9.85 per hour. 52 30-Jan 3.990 lamps were completed and shipped. All materials requisitioned were 53 used or scrapped, and are a cost of normal processing 54 55 61 02 Month End Overhead Information Actual Variablo Manufacturing Overhead Actual Fixod Manufacturing Overhead $1,675.80 $41.373.45 Introduction FAQ1212313 o Type here to search 30