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Unformatted text preview: E2-6 A job cost sheet of Battle Company is given below.Job Cost SheetDirectDirectManufacturingDateMaterialsLaborOverhead7/10828129001544052822380456241,600271,50031540648Cost of completed job:Direct materials4,828Direct labor1,360Manufacturing overhead1,632Total cost7,820Unit cost3.91 7,820/2,000Instructions(a) Answer the following questions.(1) What are the source documents for direct materials, direct labor, and manufacturingoverhead costs assigned to this job?The Job Cost Sheet: Direct Materials-Materials requisition slips, Direct Labor-Tim(2) What is the predetermined manufacturing overhead rate?120%The predetermined overhead rate is 120% of the direct labor cost. July 15 - 528/4(3) What are the total cost and the unit cost of the completed job?(see above(b) Prepare the entry to record the completion of the job.July 31Finished Goods Inventory7,820 Work in Process Inventory7,820JOB NO. 469Quantity 2,000ITEM White Lion CagesDate Requested 7/2FOR Tesla CompanyDate Completed 7/31gime tickets, Manufacturing Overhead-Predetermined overhead rate/440, July 22 - 456/380, July 31 - 648/540e)E2-9 At May 31, 2005, the accounts of Yellow Knife Manufacturing Company show the...
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This note was uploaded on 03/08/2011 for the course ACC 349 taught by Professor Christie during the Spring '08 term at University of Phoenix.
- Spring '08