Question
Preparing a Job Order Cost Sheet Riverwood Accounting Company has the following account in its cost records: Work in ProcessJones Audit Direct labor 20,000 Services
Preparing a Job Order Cost Sheet Riverwood Accounting Company has the following account in its cost records: Work in ProcessJones Audit Direct labor 20,000 Services completed 42,253 Project overhead 27,000 Riverwood applies overhead to projects at a predetermined rate based on direct labor costs. Assume that Riverwood uses a job order costing system and that Jones Audit is the only job in process at the end of the period. Complete the following cost sheet for services stil
l in process for Jones Audit. Job Order Cost Sheet Jones Audit (Services in Process) Direct labor Answer 20,000 Project overhead Answer 27,000 Total cost Answer 47,000
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