Waterways has two major public-park projects to provide with comprehensive irrigation in one of its...
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Waterways has two major publicpark projects to provide with comprehensive irrigation in one of its service locations this month. Job and Job K involve acres of landscaped terrain which will require specialorder sprinkler heads to meet the specifications of the project. Using a job cost system to produce these parts, the following events occurred during Decernber. Raw materials were requisitioned from the company's inventory on December for $; on December for $; and on December for $ In each instance, twothirds of these materials were for and the rest for K Six time tickets were turned in for these two projects for a total amount of hours of work. All the workers were paid $ per hour. The time tickets were dated December December and December On each of those days, labor hours were spent on these jobs, twothirds for and the rest for The predetermined overhead rate is based on machine hours. The estimated machine hour use for the year is hours, and the estimated overhead costs are $ for the year. The machines were used by workers on projects and on December and Six machine hours were used for project each day and machine hours were used for project the first day and each of the other days Both of these special orders were completed on Decernber producing sprinkler heads for and sprinkler heads for a Set up the job cost sheets for Job No J and Job No K Determine the total cost for each manufacturing special order for these jobs. Round unit costs to decimal places, eg tableJob No JJob No KTotal Cost,$$Unit Cost,$$
Waterways has two major publicpark projects to provide with comprehensive irrigation in one of its service locations this month. Job and Job K involve acres of landscaped terrain which will require specialorder sprinkler heads to meet the specifications of the project. Using a job cost system to produce these parts, the following events occurred during Decernber.
Raw materials were requisitioned from the company's inventory on December for $; on December for $; and on December for $ In each instance, twothirds of these materials were for and the rest for K
Six time tickets were turned in for these two projects for a total amount of hours of work. All the workers were paid $ per hour. The time tickets were dated December December and December On each of those days, labor hours were spent on these jobs, twothirds for and the rest for
The predetermined overhead rate is based on machine hours. The estimated machine hour use for the year is hours, and the estimated overhead costs are $ for the year. The machines were used by workers on projects and on December and Six machine hours were used for project each day and machine hours were used for project the first day and each of the other days Both of these special orders were completed on Decernber producing sprinkler heads for and sprinkler heads for
a
Set up the job cost sheets for Job No J and Job No K Determine the total cost for each manufacturing special order for these jobs. Round unit costs to decimal places, eg
tableJob No JJob No KTotal Cost,$$Unit Cost,$$
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