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

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.

Determine the total cost on the job cost sheet for Job 9-1005.

Date 7/1/2013... 7/5/2013... Document Amount Q-4698 $1250 600 Q4725 ,000 7/5/2013W-3479 450 300 W-3559

Step by Step Solution

★★★★★

3.46 Rating (166 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

JOB COST SHEET Job 91005 Direct mat... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

267-B-M-A-J-O-C (961).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Download and examine the project task list Download project task listfrom the link provided in the module. Based on this task list, you will create a PERT chart and prepare a presentation file that...

The following information is from ABC Company's general ledger: Beginning and ending inventories, respectively, for raw materials were $8,000 and $10,000 and for work in process were $20,000 and...

The following information is from White Mountain Furniture Showrooms financial records. Collections from customers are normally 70 percent in the month of sale, 20 percent in the month following the...

The following information is from the June 30, 20x8, post-closing trial balance of Kissell Hardware Company. Required 1. From the information provided, prepare a classified balance sheet for Kissell...

Ch 15 Ex 1 5 1 Saved The following information is from the materials requisitions and time tickets for Job 9 completed by Great Bay Boats. Materials requisitions are identified by code numbers...

The following information is from the materials requisitions and time tickets for Job 9 completed by Great Bay Boats. Materials requisitions are identified by code numbers starting with the letter M,...

hello, i need assistance with chapter 15-3.thanks.. answers only 0815-3 Job cost sheets L0 C2 Clemens Cars' job cost sheet for job A40 shows that the cost to add security features to a car was...

Need help with the overhead section 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...

Exercise 152 (Algo) Preparing job cost sheet and computing costs LO C1 The following information is from the materials requisitions and time tickets for Job 9 completed by Great Bsy Boats. Materials...

Use the level and power values for the paired t test and Wilcoxon signed-rank test given in Table 6.18 to answer the following questions. a. For small sample sizes, n 20, does the actual level of...

Consider the rivet holes from Exercise 8-35. If the standard deviation of hole diameter exceeds 0.01 millimeters, there is an unacceptably high probability that the rivet will not fit. Recall that n...

explain the concept of the branding function in a competitive market to differeniate and hold a lasting impression of products

Suppose an 18 percent drop in the price of strawberries leads to a 24 percent increase in the quantity demanded of strawberries and a 12 percent decrease in the quantity demanded of plums. a. What is...

WinSome Inc. has two million shares outstanding and its current assets generate earnings of $2M forever, including the current year. The company wants to launch a new product this year, which will...

LATOKEN digital wallet (4 years old) has 10 000+ daily installs accelerating 20% each month, and 2 billion addressable market. A local mobile bank (15 years old) has 20 000+ daily stalls with O...

Two forces P and Q are applied to the lid of a storage bin as shown. Knowing that P = 60 N and Q = 48 N, determine by trigonometry the magnitude and direction of the resultant of the two forces. %3D...

Challenge Problem: Richards and Willard determined the molar mass of lithium and collected the following data.6 Experiment Molar mass, g/mol 1 6.9391 2 6.9407 3 6.9409 4 6.9399 5 6.9407 6 6.9391 7...

Define the major components for creating a conducive ecosystem for promotion of entrepreneurship.

On March 1, 2011, Abbey and Dames formed a partnership. Abbey contributed $88,000 cash and Dames contributed land valued at $70,000 and a building valued at $100,000. The partnership also assumed...

Cosmo and Ellis began a partnership by investing $50,000 and $75,000, respectively. During its first year, the partnership earned $165,000. Prepare calculations showing how the $165,000 income should...

Assume that the partners of Exercise 12-5 agreed to share net income and loss by granting annual salary allowances of $55,000 to Cosmo and $45,000 to Ellis, 10% interest allowances on their...

The current price of a non-dividend-paying stock is $30. Over the next six months it is expected to rise to $36 or fall to $26. Assume the risk-free rate is zero. I. What long position in the stock...

You take long position for your contract. Contract Size = 100 By using the spot and futures prices of Oct. 11, 2021 for your asset, if the continuously compounded interest rate is 10% (Use 360 days =...

Consider two firms, X and Z . These firms are identical in every respect, except, X has more debt in its capital structure. If M&M propositions 1 & 2 with taxes hold, which firm has a higher wacc?