That's all for question .

Examine the scenario and prepare the job costing information. Scenario Joseph runs an electrical contracting business and employs six electricians. He is only involved in supervision but on occasion will assist if needed. He charges direct labour hours at $45.00 per hour Three of Joseph's electricians are working on a job that involves wiring and fitting fixtures in a new house for Mr and Mrs Fleet. All materials and fixtures used have come from inventory Each electrician spends half an hour at the beginning of each day on administration tasks and travels for half an hour to get to the job. They also spend half an hour at the end of the day undertaking administrative tasks Geoff Smith is responsible for the initial wiring. He calculates that he will need two rolls of electrical cabling and that it will take him about 12 hours to complete the job. He works on the job on 15/10/xx and 18/10/xx. He completes a materials requisition form and the cost per roll of electrical cable is $85.00 Peter Jones is responsible for fitting all fixtures. He has to fit 23 double power points and 15 down lights. This is expected to take around seven hours. He works on the site on 18/10/xx. His materials requisition form shows that the power points are $7.50 per unit and the down lights are $25 each. Brian Brown is the senior electrician and he wired the switchboard, the circuit breakers and checked the work undertaken by the others. He expected this to take about four hours but he was there for seven hours because of problems. He began his work on 22/10/xx and completed the remaining four hours on 25/10/xx. The switchboard cost was $190.00 and the circuit breakers were $19.00 each. Twelve were needed the 25h off for recreation Brian took the afternoon for the 22nd and the morning o leave. He went straight from the job to take his leave and went to the job from his leave without going to the workshop. Each electrician normally starts at 8.30 am and has lunch from 12.30 until 1.00 pm. At the beginning of the financial year Joseph examined all of his overhead costs; vehicle leases, rent on premises, inventory, replacement of specialised equipment, depreciation, indirect labour, indirect materials, salary on-costs and insurance These include his fixed and his variable costs. He calculated overall costs to be $662, 500. 1. If each of his six electricians worked 46 weeks at 40 hours per week, what are his overhead costs? (5 marks) 2. Complete the following (the templates have been provided) a. b. c. job sheets job cost forms for each electrician job cost report. (12 marks) (12 marks) (6 marks)