Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help me fill out the empty boxes accordingly. A job cost sheet of Sandoval Company is given below. Job Cost Sheet JOB NO. 469

Please help me fill out the empty boxes accordingly.

A job cost sheet of Sandoval Company is given below.

Job Cost Sheet

JOB NO. 469 Quantity 2,390
ITEM White Lion Cages Date Requested 7/2
FOR Todd Company Date Completed 7/31

Date

Direct Materials

Direct Labor

Manufacturing Overhead

7/10 708
12 907
15 558 692
22 342 424
24 1,620
27 1,530
31 670 831

Cost of completed job:
Direct materials
Direct labor
Manufacturing overhead
Total cost
Unit cost

Answer the following questions. (1) What are the source documents for direct materials, direct labor, and manufacturing overhead costs assigned to this job?

Source Documents
Direct materials Materials requisition slipsPredetermined overhead rateTime tickets
Direct labor Materials requisition slipsPredetermined overhead rateTime tickets
Manufacturing overhead Materials requisition slipsPredetermined overhead rateTime tickets

(2) What is the predetermined manufacturing overhead rate? (Round answer to 0 decimal place, e.g 135.)

Predetermined manufacturing overhead rate %

(3) What are the total cost and the unit cost of the completed job? (Round unit cost to 2 decimal places, e.g. 1.25.)

Total cost of the completed job $
Unit cost of the completed job $

eTextbook and Media

List of Accounts

Prepare the entry to record the completion of the job. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date

Account Titles and Explanation

Debit

Credit

July 31

image text in transcribed

image text in transcribed

Ch15 HW Part 2 Ci Seoure! https://cypresscolee.instructure.com/courses,'673,'as A job cost sheet of Sandoval Company is pven below. JOB NO ITEM FOR Quantity Uate Requested Dale Cumplele 469 2.390 Dircct Direct Date 12 15 692 312 424 74 1,530 670 831 Cost of complcted job: Direct materials Dirnct laba Manufacturing overhead Tatal cas Unil Lusl Arewer Lhe fullowinng queslins (1) What are the source docurnents fordirect materials, direct labor, and manufacturing overhcad costs assignod to thisjob? Direct mater ials Materiels requisition slips' Direst labor Manufacturing overhead lype here to search

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing

Authors: David Ricchiute

8th Edition

0324226292, 978-0324226294

More Books

Students also viewed these Accounting questions

Question

Explain how a gold standard, as monetary policy, would work?

Answered: 1 week ago

Question

Describe recruitment and selection for international operations.

Answered: 1 week ago