please help me with this work

i got something wrong on the one i did and im still trying to figuage out

there are 2 files below

please complete both ( even the blank part the microsoft word)

thank you.

Job Cost Sheet Job Number Date Initiated Item Date completed Direct Matarials Amount Direct Labor Hours Cost Summary Direct Materials Direct Labor Manufacturing Overhead Total Product Cost Unit Product Cost Rate Manufacturing Overhead Amount Hours Direct Materials: Manufacturing Overhead Rate Amount Materials: Job Cost Sheet Job Number Date Initiated Item Date completed Direct Matarials Amount Direct Labor Hours Cost Summary Direct Materials Direct Labor Manufacturing Overhead Total Product Cost Unit Product Cost Rate Manufacturing Ov Amount Hours Direct Materials: Manufacturing Overhead Rate Amount Date General Journal Description Debit Credit Account Receivables Accounts Payable Raw Materials Salaries and Wages Payable Work In Process Finished Goods Manufacturing Overhead Accumulated Depreciation yable Sales Revenue es Payable Cost of Goods Sold Salaries and Wages Expense Advertising Expense Depreciation Expense Thunderduck Custom Tables, Inc. Schedule of cost of goods manufactured For the month Ended December 31, 20XX Thunderduck Custom Tables, Inc. Cost of goods sold For the month Ended December 31, 20XX Custom Tables, Inc. of goods sold ded December 31, 20XX Thunderduck Custom Tables, Inc. Income Statement For the month Ended December 31, 20XX QUESTION 1 1. 1. You work for Thunderduck Custom Tables Inc. This is the first month of operations. The com designs and manufactures specialty tables. Each table is specially customized fo Q U E S T I O Step 1 You work for Thunderduck Custom Tables Inc. This is the first month of operations. The com manufactures specialty tables. Each table is specially customized for the customer. This mo asked to develop and manufacture two new tables for customers. You will design and build no nail, no screw, and no glue manufacturing ( no indirect materials used). You will be keepi incurred to manufacture the tables using Job #1 Cost Sheet and Job #2 Cost Sheet. The cost of the direct materials that can be used to manufacture the table are as follows. Th unit basis. Table Top $2,300.00 Table Leg $800.00 Drawer $430.00 The company uses a job order costing system and applies manufacturing overhead to jobs b hours. The company estimates that there will be 12 direct labor hours worked during the month. The estimated manufacturing overhead cost for the month is: a. Factory supervisor salary per month b. Rent for the factory per month c. Depreciation of factory equipment per month Total Estimated manufacturing overhead $4,000.00 $800.00 $600.00 $5,400.00 What is the predetermined manufacturing overhead rate? Step 2 The first order you received was to manufacture a table using a table top and four legs. This Step 3 The customer that has ordered Job #2, wants a table that is the same as Job #1, but wants to the table. Step 4 The following is a list of transactions that need to be recorded for the company for activity in December. Record those in the "General Journal" tab of the excel file using the proper forma following accounts: Accounts Receivables, Raw materials, Work in process, Finished goods, A depreciation, Accounts payable, Salaries and wages payable, Sales revenue, Manufacturing goods sold, Salaries and wages expense, Advertising expenses, and Depreciation expense. 1-Dec Raw Materials purchased on account, $23,000. 5-Dec All Raw Materials needed for Job #1 were requisitioned from the material storage for use du Assume all materials are direct. (After you journalize this entry please enter the information Sheet) 10-Dec The following employee costs were incurred but not paid during the month: There are three assembly employees that spend 2 hours each, $25 per hour to make the tab you journalize this entry please enter the information into Job #1 Cost Sheet) Salary for supervisor of the factory $4,500. The cost of the direct materials that can be used to manufacture the table are as follows. These cost a basis. Table Top $2,300.00 Table Leg $800.00 Drawer $430.00 The company uses a job order costing system and applies manufacturing overhead to jobs based on d hours. The company estimates that there will be 12 direct labor hours worked during the month. The estimated manufacturing overhead cost for the month is: a. Factory supervisor salary per month b. Rent for the factory per month c. Depreciation of factory equipment per month Total Estimated manufacturing overhead $4,000.00 $800.00 $600.00 $5,400.00 What is the predetermined manufacturing overhead rate? Step The first order you received was to manufacture a table using a table top and four legs. This is your Job 2 Step The customer that has ordered Job #2, wants a table that is the same as Job #1, but wants to also add 3 the table. The following is a list of transactions that need to be recorded for the company for activity in the mont Record those in the "General Journal" tab of the excel file using the proper format. Please use the follow Step Accounts Receivables, Raw materials, Work in process, Finished goods, Accumulated depreciation, Acc 4 Salaries and wages payable, Sales revenue, Manufacturing overhead, Cost of goods sold, Salaries and expense, Advertising expenses, and Depreciation expense. 1Raw Materials purchased on account, $23,000. Dec 5All Raw Materials needed for Job #1 were requisitioned from the material storage for use during the m Dec all materials are direct. (After you journalize this entry please enter the information into Job #1 Cost Sh 10The following employee costs were incurred but not paid during the month: Dec There are three assembly employees that spend 2 hours each, $25 per hour to make the table for Job journalize this entry please enter the information into Job #1 Cost Sheet) Salary for supervisor of the factory $4,500. Administrative Salary $2,000. 15- All Raw Materials needed for Job #2 were requisitioned from the material storage for use during the m Dec all materials are direct. (After you journalize this entry please enter the information into Job #2 Cost Sh 16Rent for the month of December for the factory building incurred but not paid $800. Dec 17Advertising costs incurred but not paid for the month was $1,400. Dec 20- Depreciation for the month of December was recorded on equipment was $750 ($150 for equipment u Dec factory and the remainder for equipment used in selling and administrative activities). 22- Manufacturing overhead cost was applied based on direct labor hours to Job #1 based on the POHR de Dec the "Job Cost Sheet". (After you journalize this entry please enter the information into Job #1 Cost She 26Job #1 was completed and transferred to Finished Goods during the month. Dec 28- The completed table from Job #1 was sold on account to the customer for $28,000 during the month. Dec sure to account for the cost of the table that was sold using the cost from the job cost sheet.) Direct labor cost incurred but not paid for three employees to start manufacturing Job #2. The employ 31worked one hour each, three hours total, $25 per hour during the month and they did not complete the Dec job. (After you journalize this entry please enter the information into Job #2 Cost Sheet) Manufacturing overhead cost was applied based on direct labor hours to Job #2 based on the POHR. O 31labor hours were worked on Job #2 during the month. (After you journalize this entry please enter the Dec Job #2 Cost Sheet) 31Any underapplied or overapplied overhead for the month was closed out to Cost of Goods Sold. Dec Post the journal entries that you recorded on the "General Journal" tab to the "T-accounts" tab. This is Step first month of business, so there will not be any beginning balances. Compute the balance for each T-a 5 of the entries have been posted. Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold on the "Sche Step and COGS" tab for Job #1 and Job #2 that were worked on during the month by the company. Make su 6 format noted in your book (pg. 87). (Hint: This is the company's first month of operations and therefore balances will be zero.) Step Prepare an Income Statement for the month using the Traditional Format on the "Income Statement" ta 7 Step Answer the additional questions below 8 Check Figure: Cost of Goods Manufactured= $8,350, Net operating income=$14,250 What is the ending balance for raw materials? What is the ending balance for work in process? What is the ending balance for finished goods? What is the actual manufacturing overhead cost incurred during December before adjustment? What is the total applied manufacturing overhead cost during December before adjustment? What is the unadjusted cost of goods sold? Was the manufacturing overhead for the month of December overapplied/underapplied ? What is the amount of Manufacturing overhead overapplied/underapplied? What is the adjusted cost of goods sold? What is gross margin? What is the total prime cost for Job#1? What is the total conversion cost for job #1? What is the total product cost for job#1? What was the period cost incurred for the month of December? What is the total variable cost incurred for Job #1(assume that all selling and administrative cost and all manufacturing overhead costs are fixed.)? What is the contribution margin for Job #1 (assume that all selling and administrative cost and all manufacturing overhead costs are fixed.)? What would be the actual (not applied) total fixed manufacturing overhead cost incurred for the company for the month if the order in Job #1 is for five tables instead of one table assuming this cost is with in the relevant range? Pad '6 12:08 PM >3 63% -- 3 63% --