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PLEASE help ASAP!!! To keep records of the actual cost of a special order job, a Job Order Cost System has been developed. Overhead is

PLEASE help ASAP!!!

To keep records of the actual cost of a special order job, a Job Order Cost System has been developed.

Overhead is applied at the rate of 50% of the direct labor cost.

On January 1, 20x2, Division S began Job 2407 for the Client, THE BIG CHILDREN STORE. The

job called for 4,000 customized lamps. The following set of transactions occurred from

January 5 until the job was completed:

Month End Overhead Information

Actual Variable Manufacturing Overhead

$ 1,522.20

Actual Fixed Manufacturing Overhead

$ 40,873.45

5-Jan

Purchased 4,050 Lamp Kits @ $16.55 per kit.

9-Jan

4,075 sets of Lamp Kits were requisitioned, including all those in the Beginning Inventory.

17-Jan

Payroll of 620 Direct Labor Hours @ $9.65 per hour.

30-Jan

Payroll of 670 Direct Labor Hours @ $9.90 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 Manufacturing Job 2407:

Cost of Direct Labor Incurred in Manufacturing Job 2407:

Cost of Manufacturing Overhead Applied to Job 2407:

Cost of manufacturing one lamp:

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