The ABC Company makes special order industrial grinding machines for customers from different parts/components. All of their labor is paid at a rate of $20 per hour and Factory Overhead is applied at a rate of 180% of Direct Labor Cost. The ABC Company has agreed to make a special order grinding machine for the XYZ Company by December 1, 2014, work will begin on the grinder on November 3 and end on November 7. It is your job to fill in ABC Company's Job Cost Sheet for job number 781 for XYZ Company's grinding machine using this information and the information provided below: The grinder will require four types of components/parts - one base unit, 2 grinding heads, safety shields, and a control panel.

The requistion numbers and dates for the parts are as follows:

November 3 - Material Requisition # R-404, 1 base unit @ $16,000 each.

November 4 - Material Requisition # R-405, 1 set of safety shields @ $400 each.

November 5 - Material Requisition # R-406, 2 grinding heads @ $1,100 each.

November 6 - Material Requisition # R-407, 1 control panel @ $8,250 each.

The following time ticket information pertains to job number 781: November 3 - Time Ticket # T-310, 2 employees 4 hours each November 4 - Time Ticket # T-311, 2 employees 2 hours each November 5 - Time Ticket # T-312, 6 employees 8 hours each November 7 - Time Ticket # T-313, 4 employees 4 hours each You now have all the information you need to complete the yellow boxes on the "Job Cost Sheet" tab.

ABC Company - Job Cost Sheet