Cycle Gear Corporation has incurred the following costs on job W456, an order for 20 special...

 

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Cycle Gear Corporation has incurred the following costs on job W456, an order for 20 special sprockets to be delivered at the end of next month: Direct materials: On April 10, requisition number 15673 was issued for 40 titanium blanks to be used in the special order. The blanks cost $15 each. On April 11, requisition number 15678 was issued for 420 hardened nibs also to be used in the special order. The nibs cost S1.25 each. Direct labour. On April 12, Jamie Unser worked from 11:00 a.m. until 2:45 p.m. on job W456. He is paid $12.60 per hour. On April 18, Melissa Chan worked from 8:15 a.m. until 11:30 a.m. on job W456. She is paid $13.20 per hour. Required: 1. On what documents would these costs be recorded? 2. How much cost should have been recorded on each of the documents for job W456? Cycle Gear Corporation has incurred the following costs on job W456, an order for 20 special sprockets to be delivered at the end of next month: Direct materials: On April 10, requisition number 15673 was issued for 40 titanium blanks to be used in the special order. The blanks cost $15 each. On April 11, requisition number 15678 was issued for 420 hardened nibs also to be used in the special order. The nibs cost S1.25 each. Direct labour. On April 12, Jamie Unser worked from 11:00 a.m. until 2:45 p.m. on job W456. He is paid $12.60 per hour. On April 18, Melissa Chan worked from 8:15 a.m. until 11:30 a.m. on job W456. She is paid $13.20 per hour. Required: 1. On what documents would these costs be recorded? 2. How much cost should have been recorded on each of the documents for job W456?