Question

A job cost sheet of Crane Company is given below. 2.000 JOB NO. ITEM 7/2 FOR Job Cost Sheet 469 Quantity White Lion Cages Date Requested Todd Company Date Completed Direct Direct Materials Labor 700 7/31 Manufacturing Overhead Date 7/10 12 900 15 400 480 360 22 300 24 1,620 1,520 27 31 500 600 Cost of completed job: Direct materials Direct labor Manufacturing overhead Total cost Unit cost

Answer 1

Date	Direct materials	Direct labor	Manufacturing overhead
7/10	700
12	900
15		400	480
22		300	360
24	1,620
27	1,520
31		500	600
Total	4,740	1,200	1,440

Cost of completed Job:
Direct materials	4,740
Direct labor	1,200
Manufacturing overhead	1,440
Total cost	7,380
Unit cost (Total cost/ Number of units) (7,380/2,000)	$3.69

Total cost of the completed job	$7,380
Unit cost of the completed job	$3.69

Date	Account Titles and Explanation	Debit	Credit
July 31	Finished goods inventory	$7,380
	Work in process inventory		$7,380

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