Instructions for Part 2 (Chapter 15) (a) Set up the job cost sheets for Job No.

Question

Instructions for Part 2 (Chapter 15) (a) Set up the job cost sheets for Job No. J57 and Job No. K52. Determine the total cost for each manufacturing special order for these jobs. (Round unit cost to nearest cent.) (bJournalize the activities from these job cost sheets in the general journal. Also, journalize the other costs that occurred during this period of time. (c) Assuming that Mahufacturing Overhead has a credit balance of $3,600, determine whether overhead has been under/over applied and make the adjusting entry

Explanation / Answer

(a)

(b)

Job Cost Sheet                                           Job No. J57 Date : 12/1/16 Direct Material Direct Labor Overheads Date Amount Date Amount Date Amount Dec.2 3330 Dec.3 66 Dec.3 997.5 Dec.8 640 Dec.9 66 Dec.9 1197 Dec.14 2204 Dec.15 66 Dec.15 1197 6174 198 3391.5 Summary: Raw material 6174 Direct labor 198 Overheads 3391.5 Total Cost 9763.5 Job Cost Sheet                                           Job No. K52 Date : 12/1/16 Direct Material Direct Labor Overheads Date Amount Date Amount Date Amount Dec.2 1665 Dec.3 33 Dec.3 798 Dec.8 320 Dec.9 33 Dec.9 798 Dec.14 1102 Dec.15 33 Dec.15 798 3087 99 2394 Summary: Raw material 3087 Direct labor 99 Overheads 2394 Total Cost 5580

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---