Exercise 15-08 Enos Printing Corp. uses a job order cost system. The following data summarize the...

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Exercise 15-08 Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the f

Prepare a schedule showing the individual cost elements and total cost for each job in item 7. Job Direct Materials Direct La

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Answer 1

Answer #1

Prepare schedule of individual cost element and total costs for each job as shown below:
	Direct material	Direct labor	Manufacturing overhead	Total
A20	$36,540	$18,100	$15,023	$69,663
A21	$45,720	$22,800	$18,924	$87,444
A23	$40,570	$26,200	$21,746	$88,516
Total	$122,830	$67,100	$55,693	$245,623
Calculation of manufacturing overhead
A20	18100*83%
A20	$15,023

A21	22800*83%
A21	$18,924

A23	26200*83%
A23	$21,746

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Answer 2

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