I Know this has been answered on chegg already but i need a new job costing post with all new numbers. the last picture is a template to go by. its a student submission that earn a 100,. please dont copy anythjng from it
6:03 LTE Real World Problem 2 - Cookie... Job Costing - Cookie Experiment- To celebrate your new found knowledge of Job Costing, you and a classmate (or can be completed individually) will make at least one dozen of cookies and track the cost of the cookies and the process. Requirements: Track the Direct Materials, Direct Labor and MOH cost for making cookies. Cookies must be made from scratch. No Betty Crocker (or other brand) mixes. 1. For Direct Material, include all ingredients and calculate the cost of DM used of each ingredient Hint. Not all ingredients will be DM. Is a teaspoon of baking soda a DM or indirect material? Please separate DM and Indirect Materials Both categories must show the total cost of cach ingredient and cost of ingredient used! 2. For Direct Labor, complete some research and find the hourly rate of a baker. Based on the time actually working on the cookies (not baking time) calculate the labor Hint: D. time would include prep, mixing, & clean-up. 3. MOH: For this assignment MOH will include indirect labor and other costs Indirect Material will be calculated in step I and show separately from MOH. a. Possible items to include there may be moret) when calculating Overhead: water for cleaning, utensils, cleaning supplies, electricity, rent, etc. Full points.cared for listing items not included in the previous sentence. b. For MOH costs, please determine a PDOR Rate for the total SUM OF MOH and CHOOSE ONE allocation base (cost driver) to assign a portion of the MOH costs to the cookies. Must have at least 5 MON costs i. Recommendation Calculate the MOH costs for a month and assign to the cookie job based on a single allocation driver Demonstration of calculation of MOH: Please note, this example or allocation rate (hours in a month) cannot be used for your assignment) If calculated my MOH Costs for a month would have: $900 Monthly Rent + $45 Monthly Electricity + SIO Monthly cleaning supplies S3 Monthly water - $990 of total MOH for one month. I could allocate these costs to my cookies based on haking time of the cookies total Direct Lahor time. Dashboard Calendar To Do Notifications Inbox 6:03 LTE