A job cost sheet of Sandoval Company is given below.
|
Job Cost Sheet |
|||
|
JOB NO. |
469 |
Quantity |
2,500 |
|
ITEM |
White Lion Cages |
Date Requested |
7/2 |
|
FOR |
Todd Company |
Date Completed |
7/31 |
|
Date |
Direct |
Direct |
Manufacturing |
|
7/10 |
700 |
|
|
|
12 |
900 |
|
|
|
15 |
|
440 |
550 |
|
22 |
|
380 |
475 |
|
24 |
1,600 |
|
|
|
27 |
1,500 |
|
|
|
31 |
|
540 |
675 |
|
|
|
|
|
|
Cost of completed job: |
|||
|
Direct materials |
|||
|
Direct labor |
|||
|
Manufacturing overhead |
|||
|
Total cost |
|||
|
Unit cost |
|||
Instructions
(a) Answer the following questions.
(1) What are the source documents for direct materials, direct labor, and manufacturing overhead costs assigned to this job?
(2) What is the predetermined manufacturing overhead rate?
(3) What are the total cost and the unit cost of the completed job? (Round unit cost to nearest cent.)
(b) Prepare the entry to record the completion of the job.