Waterways has two major public-park projects to provide with compeehensive irrigation in ane of its service locations this monith. Job 157 and Job K52 invohe 15 seres of landscaped terrain, which will require special-order, sprinkler heads to meet the specifications of the project. Using a job cost system to produce these parts, the following events occurred during December. Raw materials were requisitioned frem the compary's inventory on December 2 for 55,016; on Decenber 8 for 51,050 , and on December 14 for $3,444. In each instance, two-thirds (2/3) of these materiais were for J57 and the rest for K52. Six time tickets were turned in for these two projects for a total amount at 18 hours of work. All the woekers were paid 515.5 per hour. The time tickets were dated December 3, Decenber 9, and December 15, Oneach of those dyy1, 6 labor hours were speat on these jobs, two- thirds (2/3) for 157 and the rest for K 52 . The predetermined overheid rate is based on machine hours. The expected machine hour vse fer the year is 2.093 hours and the anticipated overhead covts are 5637, 200 for the year. The machines were used ty workers on arojects K52 and J 77 on December 3,9 and 15 . Six inachine hours were uyed for arojeck k.52 2 each day. and 8.5 machine hours were used for project 157(2.5 the first day and 3each of the other dayi) Both of these special orders were completed on December 15 , producint 200 sprinkler heads for 357 and 100 sprinkler heads for K52. Additional job order activisies during this period included: Dec. 1 Purchased raw materials from Durbin Supoly Company on actount for \$5. 100 Dec 2 issued $40.000 of direct materials from the compuryrs inventory to jobs other than 552 and 357 and 53000 of indirect inaterial. Dec: 12 Paid Waterwms' factory salaries and waeestor F64,900 Wec 13 Paid the factory's water bill of 58,900 Der 18 Thanferred $50500 of cous fromother comedeled iobs to finuhed rood. Dec: 1 Purchased raw materials from Durbin Supply Company on account for $52.700. Dec. 2 Issued $40,000 of direct materials from the companys sinventory to jobs other than K52 and 157 and $3,000 of indirect materials. Dee. 12 Paid Waterways' tactory salaries and wages for $64,900 Dec. 13 Paid the factory's water bill of $8,900. Dec: 18 Transierred $50,500 of couts from other completed jobs to finished goods. Dec 21 Paid the factory s electric bill of $12.100 for Waterways' factory. Dec 31 Made adiusting entries forth factory that included accrued property taxes of $12,100, prepaid insurance of 58,700 , and accumulated depreciation of: $16.000. (a) Setup the fob cost sheetsfor Job Na. 557 and Job Na. K52. Determine the total cost for cachamanutacturing special order for theseiobal (Round unit costs to 2 decimal places, eg. 12.25.)
