-2.184 Understand the flow of costs in a job cost shop (Learning Objective 2) Gerbig...

60.1K

Verified Solution

Question

Accounting

image
-2.184 Understand the flow of costs in a job cost shop (Learning Objective 2) Gerbig Lighting manufactures a variety of lamps for lighting specialty stores. In Septem- ber, Gerbig Lighting received an order from Zucca Decor for 32 mission-style table lamps Model 5A). The order from Zucca Decor became Job Number 804 at Gerbig Lighting Materials requisition #1247 for Job 804 shows that a total of $147 of direct materi- als were used in manufacturing the job. In addition to the materials requisition, the labor time records show that a total of $68 of direct labor costs was incurred in producing these lamps; a total of 8 direct labor hours were worked on this job. Job Cost Record Job Number: 804 Customer: Zucca Decor Job Description: 32 Model 5A - Mission-style table lamps Date Started: Sep. 14 Date Completed: Cost Summary Manufacturing Cost Information: Direct Materials Req. # : Direct Labor Manufacturing Overhead 8 hours x $2 per direct labor hour Total Job Cost Number of Units Cost per Unit Requirement Add direct materials and direct labor to the Job Cost Record for Job 804. Manufacturing overhead has already been added to the Job Cost Record for this job. Assume that the job was completed on September 19. Complete the Job Cost Record by calculating the total job cost and the cost per unit. Remember that this job consisted of 32 lamps (units)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students