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Pls use excel file and complete solutions ill upvote asap and pls answer asap not more than 1hour The A&J Company has the following information
Pls use excel file and complete solutions ill upvote asap and pls answer asap not more than 1hour
The A&J Company has the following information regarding their operations for the month of May. The Work in process inventory has 2 jobs with the current pola cont sheet: Job No Item Item Direct Material Direct Labor Factory Overhead 121 Jade 10.500 10.230 2.210 122 Sapphire 17.000 4,850 4.320 During the month of May the following raw materials and direct labor were used Job No. Direct Material Cost Direct Labor Cost Direct Labor Hours 121 Jade 2.530.00 10.260.00 2.780.00 1122 Sapphire 9.556.00 6.900.00 2.927.00 123 Ruby 5.572.00 8.316.00 3,43000 124 Topaz 10.242.00 8.456,00 4,839.00 The factory overhead is applied at a rate of P1.50 per direct labor hout. The actual factory overhead incurred during the month is P20.500 Required: Prepare the Job Order Sheet for the month of May. Compute for the ever or underapplied factory overhead amount. Please use 2 decimal places for the finals answers. Indicate 'O' for overapplied and "U" for underapplied JOB ORDER COST SHEET DL JOB DM FOH TOTAL COST 121 122 123 Total FOH Applied 124 Difference between FOH Control and FOH Applied Overapplied or Underapplied Step by Step Solution
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