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I need help creating my job costing project der Costing Project - Spring 2021.docx Job Order Costing Project - Spring 2021.docx (22.6 KB) Project Activities:
I need help creating my job costing project
der Costing Project - Spring 2021.docx Job Order Costing Project - Spring 2021.docx (22.6 KB) Project Activities: 1. Determine job specifications: product quality, size, appearance, special features (type of product - cookie or dog biscuit, will the product contain any add-ins or special flavors, quantity, and packaging. 2. Determine production tasks and make job assignments (i.e., mixer, baker, timer, quality control, materials purchaser) 3. Select recipe/product specifications 4. Calculate manufacturing overhead rate using direct labor hours as the allocation base. 5. Develop job order cost sheet. 6. Produce product and complete job cost information using job order costing. Required output: Job Order Cost Sheet (example below and You Tube video in Canvas): See Chapter on Job Order Costing Breakdown and calculation of direct materials PS 79F Mostly sunny Order Costing Project - Spring 2021.docx nload Job Order Costing Project - Spring Copy 6 KB) Required output: Job Order Cost Sheet (example below and You Tube video in Canvas): See Chapter on Job Order Cost . Breakdown and calculation of direct materials . Description and calculation of direct labor Assign each production task an hourly rate or a monthly salary based on your perception of the job market for the task involved Calculate the predetermined overhead rate using direct labor hours as the allocation base Quantity estimated annual overhead costs and annual direct labor hours. List the types of costs that would go into your estimated overhead. Develop a job order cost sheet for your product 29" Mostly Job Order Costing Project - Spring 2021.docx Download Job Order Costing Project - Spring 2021.docx (22.6 KB) Job Order Cost Sheet Example Job Units (Batch size) Direct Materials Direct Labor Manufacturing Overhead Item Cost per unit of $ Task Hours Rate Quantity Needed S Hours Rate measurement Amount Amount Amount EXAMPLE: Sugar $1.00 per lb 2 lbs $2.00 arch 80F Mostly sunny der Costing Project - Spring 2021.docx Job Order Costing Project - Spring 2021.docx (22.6 KB) Project Activities: 1. Determine job specifications: product quality, size, appearance, special features (type of product - cookie or dog biscuit, will the product contain any add-ins or special flavors, quantity, and packaging. 2. Determine production tasks and make job assignments (i.e., mixer, baker, timer, quality control, materials purchaser) 3. Select recipe/product specifications 4. Calculate manufacturing overhead rate using direct labor hours as the allocation base. 5. Develop job order cost sheet. 6. Produce product and complete job cost information using job order costing. Required output: Job Order Cost Sheet (example below and You Tube video in Canvas): See Chapter on Job Order Costing Breakdown and calculation of direct materials PS 79F Mostly sunny Order Costing Project - Spring 2021.docx nload Job Order Costing Project - Spring Copy 6 KB) Required output: Job Order Cost Sheet (example below and You Tube video in Canvas): See Chapter on Job Order Cost . Breakdown and calculation of direct materials . Description and calculation of direct labor Assign each production task an hourly rate or a monthly salary based on your perception of the job market for the task involved Calculate the predetermined overhead rate using direct labor hours as the allocation base Quantity estimated annual overhead costs and annual direct labor hours. List the types of costs that would go into your estimated overhead. Develop a job order cost sheet for your product 29" Mostly Job Order Costing Project - Spring 2021.docx Download Job Order Costing Project - Spring 2021.docx (22.6 KB) Job Order Cost Sheet Example Job Units (Batch size) Direct Materials Direct Labor Manufacturing Overhead Item Cost per unit of $ Task Hours Rate Quantity Needed S Hours Rate measurement Amount Amount Amount EXAMPLE: Sugar $1.00 per lb 2 lbs $2.00 arch 80F Mostly sunny
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