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Tykes is a manufacturer of propellers. They use a job costing system. During July, they incurred the following costs to manufacture 200 propellers on Job

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Tykes is a manufacturer of propellers. They use a job costing system. During July, they incurred the following costs to manufacture 200 propellers on Job it 50. Original costs: Direct materials 9 3,300 Direct manufacturing labour 4,000 Manufacturing overhead allocated {150% of direct manufacturing labour} 5,000 Total $ 13,300 Direct costs of reworking 10 propellers basketballs: Direct materials ,9 500 Direct manufacturing labour 800 Total $ 1,300 Reguired: 1} Prepare thejournal entry to record the rework costs, assuming the rework is specifically attributable to Job it 50. [4 marks} 2} Compute the cost per finished propeller for Job at 50, assuming the rework is attributable speflcially to thisjob. {-1 marks} 3} Prepare thejournal entry to record the rework costs, assuming the rework is common to alljobs. {-1 marks} 4} Compute the cost perflnished motor for Job# 50, assuming the rework is common to all jobs. {4 marks}

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