Job Cost Sheet for a Service Business

Libby and Sandman, Attorneys-at-Law, provided legal representation to Williams Equipment, Inc., in a product liability suit. Twenty partner hours and 65 associate hours were worked in defending the company. The cost of each partner hour is $325, which includes partner wages plus overheard based on direct labor cost. The cost of each associate hour is $145, which also includes both wages and overhead. Other costs that can be directly identified with the job are travel ($2,800) and telephone/fax charges ($1,740).

The date Williams contracted with Libby and Sandman was May 8, and the defense was successfully completed on December 21. The engagement number is 525.


Prepare a job order cost sheet, in good form, for Williams Equipment, Inc.