Question: Setup rate = Estimated overhead = = We estimated engineering hrs. Purchasing rate = Estimated overhead = = We estimated machine hrs. Other OH rate
| Setup rate = | Estimated overhead | = | = | ||||||||
| We estimated engineering hrs. | |||||||||||
| Purchasing rate = | Estimated overhead | = | = | ||||||||
| We estimated machine hrs. | |||||||||||
| Other OH rate = | Estimated overhead | = | = | ||||||||
| Direct labor hrs. | |||||||||||
| 2. | JOB-ORDER COST SHEET | ||||||||||
| Job 15 | |||||||||||
| DIRECT MATERIALS | DIRECT LABOR | OVERHEAD | |||||||||
| Req. No. | Amount | Ticket | Hours | Rate | Amount | Rate | Activity | Amount | |||
| $ - | |||||||||||
| COST SUMMARY | |||||||||||
| Balance, March 1 | $ 34,500 | ||||||||||
| Direct Materials | |||||||||||
| Direct Labor | - | ||||||||||
| Overhead | |||||||||||
| Total cost | $ 34,500 | ||||||||||
| JOB-ORDER COST SHEET | |||||||||||
| Job 16 | |||||||||||
| DIRECT MATERIALS | DIRECT LABOR | OVERHEAD | |||||||||
| Req. No. | Amount | Ticket | Hours | Rate | Amount | Rate | Activity | Amount | |||
| $ - | |||||||||||
| COST SUMMARY | |||||||||||
| Balance, March 1 | $ 39,890 | ||||||||||
| Direct Materials | |||||||||||
| Direct Labor | - | ||||||||||
| Overhead | |||||||||||
| Total cost | $ 39,890 | ||||||||||
| JOB-ORDER COST SHEET | |||||||||||
| Job 17 | |||||||||||
| DIRECT MATERIALS | DIRECT LABOR | OVERHEAD | |||||||||
| Req. No. | Amount | Ticket | Hours | Rate | Amount | Rate | Activity | Amount | |||
| $ - | |||||||||||
| COST SUMMARY | |||||||||||
| Balance, March 1 | $ 24,090 | ||||||||||
| Direct Materials | |||||||||||
| Direct Labor | - | ||||||||||
| Overhead | |||||||||||
| Total cost | $ 24,090 | ||||||||||
| JOB-ORDER COST SHEET | |||||||||||
| Job 18 | |||||||||||
| DIRECT MATERIALS | DIRECT LABOR | OVERHEAD | |||||||||
| Req. No. | Amount | Ticket | Hours | Rate | Amount | Rate | Activity | Amount | |||
| $ - | |||||||||||
| COST SUMMARY | |||||||||||
| Balance, March 1 | $ - | ||||||||||
| Direct Materials | |||||||||||
| Direct Labor | - | ||||||||||
| Overhead | |||||||||||
| Total cost | $ - | ||||||||||
| JOB-ORDER COST SHEET | |||||||||||
| Job 19 | |||||||||||
| DIRECT MATERIALS | DIRECT LABOR | OVERHEAD | |||||||||
| Req. No. | Amount | Ticket | Hours | Rate | Amount | Rate | Activity | Amount | |||
| $ - | |||||||||||
| COST SUMMARY | |||||||||||
| Balance, March 1 | $ - | ||||||||||
| Direct Materials | |||||||||||
| Direct Labor | - | ||||||||||
| Overhead | |||||||||||
| Total Cost | $ - | ||||||||||
| 3 & 4. | Select from Job Nos. from drop-down lists. Only balances will be graded. | ||||||||||
| Work in Process | Cost of Goods Sold Ending Balance | ||||||||||
| Ending Balance | |||||||||||
| Jobs | Balances | Jobs | Balances | ||||||||
| Total | $ - | ||||||||||
| Total | $ - | ||||||||||
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