Problem I Understanding the Flow of Costs in a Job Cost Shop (25 points)

Williamson Feeders manufactures bird feeders for wild bird specialty stores. In September, Williamson Feeders received an order from Wild Birds, Inc., for 20 platform bird feeders. The order from Wild Birds, Inc. became Job Number 1102 at Williamson Feeders.

A materials requisition for Job 1102 is presented in the following section. In addition to the materials requisition, the labor time records (partial) for the week that these feeders were made are presented. Other products were also being produced during that week, so not all of the labor belongs to Job 1102.

Requirements
1. Calculate the total for the Materials Requisition form. Post the information (cost and requisition number) from the Materials Requisition form to the Job Cost Record in the appropriate boxes.
2. Complete the labor time records for each of the employees. Once the labor time record is completed, post the information relevant to Job 1102 to the Job Cost Record for Job Cost 1102.
3. Manufacturing overhead has already been added to the Job Cost Record. Complete the Job Cost Record by calculating the total job cost and the cost per unit. Remember that this job consisted of 20 feeders (units).

Materials Requisition

Number: #1250

Date: 9/14

Job: 1102

Part Number

Description

Quantity

Unit Cost

Amount

WOCD06

Rough-hewn cedar planks

34

$ 2.00

SSF0304

Stainless steel fasteners

84

$ 1.00

AS222

Reinforced aluminum screens

26

$ 1.50

Total

Labor Time Record

Employee:

Greg Henderson

Week: 9/14 - 9/20

Hourly Wage Rate: $12

Record #: 912

Date

Job Number

Start time

End time

Hours

Cost

9/14

1102

8:00

1:00

9/14

1103

1:00

4:00

9/15 etc.

Labor Time Record

Employee:

Andrew Peck

Week: 9/14 - 9/20

Hourly Wage Rate: $8

Record #: 913

Date

Job Number

Start time

End time

Hours

Cost

9/14

1101

9:00

12:00

9/14

1102

12:00

5:00

9/15

1103

9:00

11:00

9/15 etc.

Job Cost Record

Job Number: 1102

Customer: Wild Birds, Inc.

Job Description: 20 Model 3F (platform bird feeders)

Date Started: Sep. 14

Date Completed:____________

Manufacturing Cost Information:

Cost Summary

Direct Materials

Req.#:

Direct Labor

No.#

No.#

Manufacturing Overhead

$18.00

9 hours x $2 per direct labor hour

Total Job Cost

Number of Units

Cost per unit