Question: The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by code

The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by code numbers starting with the letter Q, and the time tickets start with W. At the start of the year. management estimated that overhead cost would equal 110% of direct labor cost for each job. Date 7/1 7/1 7/5 7/5 7/10 Document Amount Q-4698 $2,250 W-3393 1,600 Q-4725 2,000 W-3479 1,450 W-3559 1,300 Determine the total cost on the job cost sheet for Job 9-1005. Total Cost Overhead Costs Applied Date JOB COST SHEET: Job 9-1005 Direct Materiale Direct Labor Requisition No. Amount Time-Ticket No. Amount Q.4698 $ 2,250 W-3393 Q.4725 2,000 W.3479 W 3550 $ 4,250 07/01 07/05 07/10
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
