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Job Cost Sheet Estimated direct materials: 4 0 meters at $ 3 4 per meter Estimated direct labor: 2 8 hours at $ 2 0
Job Cost Sheet
Estimated direct materials:
meters at $ per meter
Estimated direct labor:
hours at $ per hour
Estimated factory overhead of direct labor cost
Total estimated costs
Markup of production costs
Total estimate
$
On October Jackson Consulting
proven to be satisfactory, and an inexperienced employee performed the work. inexperienced employee. The factory overhead cost exceeded the estimate because an additional $ of factory overhead was allocated because of the increase in direct labor.
b Management didn't provide enough direction to complete tasks on budget.
c The direct materials cost exceeded the estimate by $ because meters of materials were spoiled.
d The direct labor cost exceeded the estimate by $ because an additional hours of labor were used by an inexperienced employee.
Select the correct answer from the above choices. signed a purchase contract, and the delivery and installation were completed on October
The related materials requisitions and time tickets are summarized as follows:
tableMaterials Requisition NoDescription,Amount meters at $$
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