Question

Manufacturing overhead Total cost Unit cost Answer the following questions. (1) What are the source documents for direct materials, direct labor, and manufacturing overhead costs assigned to this job? Direct materials Direct labor Manufacturing overhead (2) What is the predetermined manufacturing overhead rate? (Round answer to o decimal place, eg 135.) Predetermined manufacturing overhead rate (3) What are the total cost and the unit cost of the completed job? (Round unit cost to 2 decimal places, e.g. 1.25.) Total cost of the completed job s unit cost of the completed job s Prepare the entry to record the completion of the job. (Credit account titles are automatically indented when amount is entered. Do not Indent manually.) Date Account Titles and Explanation uly 31 Debit Credit 9-51 PMM

Due in an hour please help!

Answer 1

Solution Sources of Documents Heads Direct Material Direct Labour Manufacturing Overhead Costs Documents Material Requisition Slip Time tickets Predetermined Overhead Rate Predetermined Manufacturing Overhead Rate Estimated Manufacturing overhead cost Estimated direct labour 1799 1487 12196 of direct labour cost Total cost of the completed job Direct Material Direct Labour Manufacturing Overhead Total 2 $4851 $1487 $1799 $8137 Unit cost of the completed Job $8137 2320 qty $3.51 Total Cost Total Quantity Job completion journal entry Entry Debit $8137 Credit Finished goods invento Work in Process Invento $8137