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Need help solving part 5 of I see the Light Cybertext - keep records of the actual cost of a special order job, a Job
Need help solving part 5 of "I see the Light" Cybertext
- keep records of the actual cost of a special order job, a Job Order Cost System has been developed. Dverhead is applied at the rate of 50% of the direct labor cost. Iob Order Costing Section On January 1, 20x2, Division S began Job 2407 for the Client, THE BIG CHILDREN STORE. The ob called for 4,000 customized lamps. The following set of transactions occurred from lanuary 5 until the job was completed: 5-Jan Purchased 4,075 Lamp Kits @ \$16.60 per kit. 9-Jan 4,100 sets of Lamp Kits were requisitioned, including all those in the Beginning Inventory. 17.Jan Payroll of 620 Direct Labor Hours @ $9.70 per hour. 30-Jan Payroll of 670 Direct Labor Hours @ $9.95 per hour. 30-Jan 3,990 lamps were completed and shipped. All materials requisitioned were used or scrapped, and are a cost of normal processing. Round to two places, $### Cost of Direct Material Incurred in Manufacturina Job 2407 Round to two places, $## Cost of Mirert Material Inrurred in Manfartrina . Inh 2407 {13.01} Cost of Mirert I ahnr Inrred in Man Ifartrinn . Inh 207 {13.02} Cost of Manufarturinn Marhaad nnliad tn lnh2A7 {13.03}
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