Current Attempt in Progress

Waterways has two major public$-$park projects to provide with comprehensive irrigation in one of its service locations this month Job $J57$ and Job K$52$ involve $15$ acres 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.

Rawmaterials were requisitioned from the company's inventory on December $2$ for $$4,764$; on December $8$ for $$993$; and on December $14$ for $$3,249.$ In each instance, two$-$thirds $(\frac{2}{3})$ of these materials were for $J57$ and the rest for K$52.$

Six time tickets were turned in for these two projects for a total amount of $18$ hours of work All the workers were paid $$16\mathrm{.}50$ per hour. The time tickets were dated December $3,$ December $9,$ and December $15.$ On each of those days, $6$ labor hours were spent on these jobs, two$-$thirds $(2/3)$ for $157$ and the rest for K$52.$

The predetermined overhead rate is based on machine hours. The estimated machine hour use for the year is $1\mathrm{.}984$ hours, and the estimated overhead costs are $$742\mathrm{.}016$ for the year. The machines were used by workers on projects K$52$ and J$57$ on December $3\mathrm{.}9.$ and $15.$ S$$x machine hours were used for project K$52(2$ each day$),$ and $8\mathrm{.}5$ machine hours were used for project $15)(2\mathrm{.}5$ the first day and $3$ each of the other days$).$ Both of these special orders were completed on December $15.$ producing $225$ sprinkler heads for $157$ and $135$ sprinkler heads for $K52$

Additional job order activities during this period included:

Dec $1$ Purchased raw materials from Durbin Supply Company on account for $$50,008.$

Dec $2$ Issued $$37\mathrm{.}600$ of direct materials from the company s inventory to jobs other than $K52$ and $157$ and $$2,820$ of indirect materials.

Dec $12$ Paid Waterways factory salaries and wages for $$61,100.$

Dec $13$ Paid the factory $\frac{?}{?}$ water bill of $$8,460.$

Dec $18$ Transferred $$47\mathrm{.}000$ of costs from other completed jobs to finished goods.

Dec $21$ Paid the factor$/$ s electric bill of $$11,280$ for Waterways factory.

Dec $31$ Made adjusting entries for the factory that included accrued property taxes of $$11,280,$ prepald insurance of $$8,272$ and accumulated depreciation of $$15\mathrm{.}040.$

$($a$)$

Set up the job cost sheets for Job No$.157$ and Job Na$.$ K$52.$ Determine the total cost for each manufacturingspecial order for these jobs. $($Round unit costs to $2$ decimal places es$.12\mathrm{.}25.)$

$\backslash$table$[[,,$Jab No$.157,,$Job No$,$ K$52],[$Total Cost,s$,,$s$,],[$Unit cost$,$$$,,5,]]$

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