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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 code
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.
Ch.15 Job Costing Exercise Questions Saved Help Save & Exit Check my 1 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. 0.66 points Date 7/1 7/1 7/5 7/5 7/10 Document Amount Q-4698 $1,900 W-3393 1,250 Q-4725 1,650 W-3479 1,100 W-3559 eBook 950 Print References Determine the total cost on the job cost sheet for Job 9-1005. JOB COST SHEET: Job 9-1005 Direct Materials Direct Labor Total Cost Overhead Costs Applied Date Requisition No. Amount Time-Ticket No. Amount 07/01 Q-4698 $ 1,250 1,100 07/05 Q-4725 $ 1,900W-3393 1,650W-3479 W-3559 $ 3,550 07/10 950 $ 3,300Step by Step Solution
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