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 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. Date 7/1 7/1 7/5 7/5 7/10 Document Amount Q-4698 $2,200 W-3393 1,550 0-4725 1,950 W-3479 1,400 W-3559 1,250 Determine the total cost on the job cost sheet for Job 9-1005. JOB COST SHEET: Job 9-1005 Direct Materials Direct Labor Requisition No. Amount Time-Ticket No. Amount Total Cost Overhead Costs Applied Date 07/01 07/05 07/10

Answer 1

Answer Date JOB SHEET Direct materials Requisition No. Amount Disect Labor Time Ticket Nu- Amount o-4698 $2200 W-3393 $ 1550 otas a-4725 $ 1950 W-3479 $1400 07/10 Total W-3559 $4150 – $ 1250 $ 4200 overhead Casts applied Amount overhead Cast 110% of direct labor call 4200 x 110% $4620 ✓ Total Cost = material + Labozt overhead 4150 + 420 +4620 $12970 Thank you doubt If any Please Comment