On May 15, 2020, Starr Construction Company was the successful bidder on a contract with the Arizona Government to build a pedestrian overpass in Flagstaff, Arizona. The firm utilizes a job order costing system, and this job was assigned Job #515. The contract price for the overpass was $450,000. The owners of Starr Construction agreed to a completion date of December 15, 2020, for the contract. The firms engineering and cost accounting departments estimated the following costs for the completion of the overpass: $120,000 for direct material, $135,000 for direct labor, and $81,000 for overhead.

The firm began to work on the overpass in August. During August, the direct material cost assigned to Job #515 was $30,900 and the direct labor cost associated with Job #515 was $47,520. The firm uses a predetermined overhead rate of 60 percent of direct labor costs.

Required: Prepare a job order cost sheet for Job #515, including all job details, and post the appropriate cost information for August.