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Job Cost Sheet Job No. 469 Quantity: 2,000 Item: White Lion Cages Date Requested: 7/2 For: Zawadi Company Date Completed: 7/31 Direct Direct Manufacturing Date
Job Cost Sheet Job No. 469 Quantity: 2,000 Item: White Lion Cages Date Requested: 7/2 For: Zawadi Company Date Completed: 7/31 Direct Direct Manufacturing Date Materials Labour Overhead 7/10 $840 12 910 15 $440 $616 22 350 490 24 1,610 27 1,512 31 530 742Cost of completed job: Direct materials Direct labour Manufacturing overhead Total cost Unit costCalculate the predetermined manufacturing overhead rate. Predetermined manufacturing overhead rate 126 % eTextbook and Media List of Accounts Save for Later Attempts: 2 of 3 used SubmitShow Attempt History Current Attempt in Progress Jason Allen and Associates, a CPA firm, uses job-order costing to capture the costs of its audit jobs. There were no audit jobs in process at the beginning of November. Listed below are data concerning the three audit jobs conducted during November: Koppel Dupont Rojas Direct materials $760 $410 $330 Auditor labour costs $5,530 $6,730 $3,505 Auditor hours 74 92 47 Overhead costs are applied to jobs on the basis of auditor hours, and the predetermined overhead rate is $65 per auditor hour. The Koppel job is the only incomplete job at the end of November. Actual overhead for the month was $13,740.Costofeachjob $ 11100 $ 13120 $ 6390 ' eTextbook and Media Attempts: 1 of3 used (b) Determine the balance of the Work in Process account at the end of November. Balance of the Work in Process account $ 1 Question 5 of6 1 I 3 :: View Policies Show Attempt History Current Attempt in Progress Sheridan Decorating uses a joborder costing system to collect the costs of its interior decorating business. Each client's consultation is treated as a separate job. Overhead is applied to each job based on the nu mber of decorator hours incurred. Listed below are data for the current year: Estimated overhead costs $929200 Actual overhead costs $943,900 Estimated decorator hours 40400 Actual decorator hours 40,680 The company uses Operating Overhead in place of Manufacturing Overhead, and Service Contracts in Process in place of Work in Process Inventory. V Your answer is correct. Calculate the predetermined overhead rate. Predetermined overhead rate $ 23 per decorator hour eTextbook and Media List of Accounts Attempts: 1 of 3 used (b) Prepare the entry to apply the overhead for the year. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit eTextbook and Media
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