Various Violins, Inc. is a new manufacturer of string instruments. During the month of January 20XX, Various Violins, Inc. had three Jobs in production: Job #1 (the production of 10 violins for Valley View High School.) Job #2 (the production of 20 violins for Crestwood Community College,) and Job #3 (the production of 30 violins for Oriskany Hills High School). Using the information 2 below, please prepare the job cost record'for each of Various Violins' jobs during the month. 3 4 Job #1 5 "On January 2nd, Job #1's direct laborers requisitioned $300 worth of direct materials (Requisition #1) 6 "On January 3rd, employees worked on Job 11 and were paid $240 in wages for their work (labor time 1). 7 "On January 10th, Job #1's direct laborers requisitioned $300 worth of direct materials (requisition #4). 8 On January 14th, employees worked on Job #1 and were paid $360 in wages for their work (labor time #4) "As the company does with all jobs, Various Violins, Inc. allocates manufacturing overhead to jobs at a rate of 60% of 9 direct labor costs. Use January 31st as the allocation date. 10 Job Cost Record Direct Labor Labor Time Manufacturing Overhead Date Rate Amount Date Amount Date Amount 11 12 Job Number 13 Customer 14 Job Description 15 16 Direct Materials 17 Requisition # 18 19 20 21 22 23 24 Cost Summary 25 Direct Materials Donde Frutas mints COM Inrom Statement Use free company does with all jobs, Various Violins, Inc. allocates manufacturing overhead to jobs at are A B D 12 Job Number G H 13 Customer 14 Job Description 15 16 Direct Materials Direct labor 17 Date Requisition # Manufacturing Overhead Amount Date Labor Time 18 Amount Date Rate Amount 19 20 21 22 23 24 Cost Summary 25 Direct Materials 26 Direct Labor 27 Manufacturing Overhead 28 29 Total Cost 30 Unit Cost 31 32 Job 2 33 -On January 3rd, Job #2's direct laborers requisitioned $S50 worth of direct materials (Requisition 82) 34 "On January 4th, employees worked on Job #2 and were paid $420 in wages for their work (labor time 2) 35. -On January 20th, Job #2's direct laborers requisitioned $650 worth of direct materials (requisition 5) 36 -On January 24th, employees worked on Job #2 and were paid $580 in wages for their work (labor time 15) As the company does with all jobs, Various Violins, Inc. allocates manufacturing overhead to jobs at a rate of 60% of 37 direct labor costs. Use January 31st as the allocation date, 38 32 Job #2 33 on January 3rd, Job #2's direct laborers requisitioned $550 worth of direct materials (Requisition #2) 34 -On January 4th, employees worked on Job #2 and were paid $420 in wages for their work (labor time #2). 35 -On January 20th, Job #2's direct laborers requisitioned $650 worth of direct materials (requisition #5). 36 "On January 24th, employees worked on Job #2 and were paid $580 in wages for their work (labor time #5) "As the company does with all jobs, Various Violins, Inc. allocates manufacturing overhead to jobs at a rate of 60% of 37 direct labor costs. Use January 31st as the allocation date, 38 39 Job Cost Record 40 Job Number 41 Customer 42. Job Description 43 44 Direct Materials Direct Labor Manufacturing Overhead 45 Date Requisition # Amount Labor Time # Rate Amount 46 47 48 49 SO 51 52 Cost Summary 53 Direct Materials 54 Direct Labor 55 Manufacturing Overhead 56 57 Total Cost 58 Unit Cost Date Amount Date D G A B 60 Job #3 61 -On January 15th, Job #3's direct laborers requisitioned $1,000 worth of direct materials (Requisition #3) 62 "On January 18th, employees worked on Job #3 and were paid $800 in wages for their work (labor time #3). 63 "On January 20th, Job #f1's direct laborers requisitioned $1,200 worth of direct materials (requisition #6). 64 "On January 30th, employees worked on Job #3 and were paid $200 in wages for their work (labor time #6). As the company does with all jobs, Various Violins, Inc, allocates manufacturing overhead to jobs at a rate of 60% of 65 direct labor costs. Use January 31st as the allocation date 66 67 Job Cost Record 68 Job Number 69 Customer 70 Job Description 71 72 Direct Materials Direct Lab Manufacturing Overhead 73 Date Requisition Amount Labor Time Date Rare Amount 74 75 76 77 78 79 BO Cost Summary 81 Direct Materials 82 Direct Labor 83 Manufacturing Overhead 84 85 Total Cost 86 Unit Cost Date Amount R7