In January, Dieker Company requisitions raw materials for production as follows: Job 1 $970, Job 2 $1,520, Job 3 $810, and general factory use $660. During January, time tickets show that the factory labor of $7,600 was used as follows: Job 1 $2,390, Job 2 $1,730, Job 3 $1,560, and general factory use $1,920.

Prepare the job cost sheets for each of the three jobs.

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Business

London Webster

13 April, 00:52

In January, Dieker Company requisitions raw materials for production as follows: Job 1 $970, Job 2 $1,520, Job 3 $810, and general factory use $660. During January, time tickets show that the factory labor of $7,600 was used as follows: Job 1 $2,390, Job 2 $1,730, Job 3 $1,560, and general factory use $1,920.

Prepare the job cost sheets for each of the three jobs.

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Cruz Mitchell · Answer 1

Dieker Company

Job Cost Sheet of

Job1 Job2 Job3

Materials $970 $ 1520 $ 810

Factory Labor $2390 $ 1730 $1560

General Factory

Indirect material $ 660 $ 660 $ 660

Indirect labor $ 1920 $ 1920 $ 1920

Total $ 5940 $5830 $ 4950

Cost of Job 1

Materials $ 970

Factory Labor $ 2390

G. Factory $ 2580

Total $ 5940

Cost of Job 2

Materials $ 1520

Factory Labor $ 1730

G. Factory $ 2580

Total $ 5830

Cost of Job 3

Materials $ 810

Factory Labor $ 1560

G. Factory $ 2580

Total $ 4950