A) Examine the time she and find the error. What is the importance of correctly accumulating time by job? How does the timesheet data track to the cost assignment process?

B) how much of Mary Anns time (after making the correction) is attributable to direct labor and how much to overhead? How is the direct labor cost assigned to individual jobs, and how was the overhead costs allocated?

B-19.02 Accumulating and assigning direct and indirect labor costs Racing. Fenway Racing manufactures custom race cations of drivers. Mary Ann's job is to hand paint logos and other custom artwork on Mary Ann Clark is an artist and is employed by Fenway each car. Below is her daily time sheet for March 7, 20x6 Fenway Racing Employee: Date: Daily Time Sheet Mary Ann Clark 03/07/20X6 Start Admin Direct Stop Time Job Number 8:30 Client n/a Mario A n/a AJF n/a Jeff G n/a Total Hours Task Hours Labor Hours 8:00 8:30 10:45 10:45 11:00 11:00 12:00 12:00 1:00 1:00 4:30 4:30 set upPrepare paints and airbrush #11 245 repairs #11302 Paint advertising sign on door lunch #11 305 0.50 0.00 0.25 0.00 0.00 0.00 0.50 1.25 0.00 2.25 0.00 0.75 0.00 3.50 0.00 6.50 Paint race numbers Repair broken compressor n/a Paint hood logo Clean equipment 5:00 clean up