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I believe so yes, sorry this all the info the professor provided! Job Cost Sheet. Cost Summary Direct Materials Direct Labor Manufacturing Overhead Total Product
I believe so yes, sorry this all the info the professor provided! Job Cost Sheet. Cost Summary Direct Materials Direct Labor Manufacturing Overhead Total Product Cost Unit Product cost You work for Thunderduck Custom Tables Inc. This is the first month of operations. The company designs and manufactures specialty tables. Each table is specially customized for the customer. This month, you have been asked to develop and manufacture two new tables for customers. You will design and build the tables. The company does not have indirect materials You will be keeping track of the costs incurred to manufacture the tables using Job \#1 Cost Sheet and Job \#2 Cost Sheet. The cost of the direct materials that can be used to manufacture the table are as follows. Assume a $50 per hour wage rate to the assembly employees. The company uses a job order costing system and applies manufacturing overhead to jobs based on direct labor hours The company estimates that there will be 120 direct labor hours worked during the month. The fixed estimated manufacturing overhead costs per month are: What is the predetermined overhead rate (POHR)? The first order you received was to manufacture a table using a table top and four legs. This is your Job \#1. The customer that has ordered Job \#2, wants a table that is the same as Job \#1, but wants to also add a drawer to the table The following is a list of transactions that need to be recorded for the company for activity in the month of December. Record. those in the "General Journal" tab of the excel file using the proper format. Please use the following accounts: Raw materials purchased on account, $11,000 Job Cost Sheet. Cost Summary Direct Materials Direct Labor Manufacturing Overhead Total Product Cost Unit Product cost You work for Thunderduck Custom Tables Inc. This is the first month of operations. The company designs and manufactures specialty tables. Each table is specially customized for the customer. This month, you have been asked to develop and manufacture two new tables for customers. You will design and build the tables. The company does not have indirect materials You will be keeping track of the costs incurred to manufacture the tables using Job \#1 Cost Sheet and Job \#2 Cost Sheet. The cost of the direct materials that can be used to manufacture the table are as follows. Assume a $50 per hour wage rate to the assembly employees. The company uses a job order costing system and applies manufacturing overhead to jobs based on direct labor hours The company estimates that there will be 120 direct labor hours worked during the month. The fixed estimated manufacturing overhead costs per month are: What is the predetermined overhead rate (POHR)? The first order you received was to manufacture a table using a table top and four legs. This is your Job \#1. The customer that has ordered Job \#2, wants a table that is the same as Job \#1, but wants to also add a drawer to the table The following is a list of transactions that need to be recorded for the company for activity in the month of December. Record. those in the "General Journal" tab of the excel file using the proper format. Please use the following accounts: Raw materials purchased on account, $11,000
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