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The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by
The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by code numbers starting with the letter Q, and the time tickets start with W. At the start of the year, management estimated that overhead cost would equal 110% of direct labor cost for each job. Date 7/1 Document Amount Q-4698 $1,250 7/1 W-3393 600 7/5 Q-4725 1,000 7/5 7/10 W-3479 W-3559 450 Determine the total cost on the job cost sheet for Job 9-1005. JOB COST SHEET: Job 9-1005 Direct Labor Direct Materials Date 07/01 Requisition No. Amount Time-Ticket No. Amount 07/05 07/10 Overhead Total Cost Costs Applied
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