Part 4 Job-Order Costing (25 points) 8 1. Actual Direct labor costs and Actual Direct material costs are written [entered, or put] on A job-order sheet. Estimated, not actual, manufacturing overhead costs are entered on a Job-Order Sheet. A. Explain why estimated costs are used. B. Explain how the amount for Manufacturing Overhead Costs shown on each job-cost sheet is determined [i.e. calculated]. Il. Fill in the following answer sheet, on your answer file. Letters refer to items on Job-order sheet shown below. Some spaces might be blank. 11. Answers: A. B. C. D. E. F . G. H. K. Job Cost Sheet Job Number 2B47 Department Milling Item Special Order Coupling ------Direct Labor-- Manufacturing Overhead Applied ---Direct Materials--- Hours Rate Amount Req. # Amount Ticket # Hours Amount $10 @ G D F A B E H K L NOTE: @ $10 per Direct labor hour Req. # is Requisition Number; Ticket # is Ticket Number Section | A Section I BPart 4 (Continued) The following information is needed to complete the Job-order cost sheet shown above on the previous page. The job was completed. Materials Requisition Number 14873 Job Number to be charged 2847 Department Milling Description Quantity Unit cost Total Cost M46 Housing $124 $ 248 G7 Implementor $226 226 $ 474 Materials Requisition Number 14874 Job Number to be charged 3C49 Department Milling Description Quantity Unit cost Total Cost B226 Bolt $ 6 15 B1126 Bracket S 21Time Ticket Number. 843 Employee EKAH lo Time Started Ended Completed Rate Amount 7:00 12:00 Job Number UT $18 $ 90 2847 12:30 3:30 W $18 54 3C49 Time Ticket Number 844 Employee AEBH Time Started Ended Completed Rate Amount Job Number 7:00 11:00 $16 $ 64 3050 11:00 12:00 Maintenance 12:30 3:30 3 $16 48 2B47