Cycle Gear Corporation has incurred the following costs on job W456, an order for 20 special sprockets to be delivered at the end of next month: Direct materlals: •On April 10, requisition number 15673 was Issued for 40 titanlum blanks to be used in the special order. The blanks cost $20 each. •On April 11, requisition number 15678 was Issued for 420 hardened nibs also to be used in the special order. The nibs cost $1.75 each. Direct labour: •On April 12, Jamle Unser worked from 11:00 a.m. until 2:45 p.m. on Job W456. He Is pald $12.60 per hour. •On April 18, Melissa Chan worked from 8:15 a.m. until 11:30 a.m. on job W456. She is pald $13.20 per hour. Required: 1. On what documents would these costs be recorded? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) Purchase requistion form of the Cycie Gear Corporation. |The time ticket for Mellssa Chan. The two materiais requismion torms pertaining to JOD W456. The time ticket for Jamie Unser. The job cost sneet for JoD W456. Materlais return note from the Inventory department.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
icon
Concept explainers
Topic Video
Question
Direct Materials
Direct Labour
Amount
Requisition Number
15673
Name
Hours
Amount
Unser
15678
Chan
0.00
0.00
Transcribed Image Text:Direct Materials Direct Labour Amount Requisition Number 15673 Name Hours Amount Unser 15678 Chan 0.00 0.00
Cycle Gear Corporation has Incurred the following costs on job W456, an order for 20 special sprockets to be delivered at the end of
next month:
Direct materials:
• On April 10, requisition number 15673 was Issued for 40 titanlum blanks to be used in the special order. The blanks cost $20 each.
On April 11, requisition number 15678 was Issued for 420 hardened nibs also to be used In the special order. The nibs cost $1.75
each.
Direct labour:
• On April 12, Jamle Unser worked from 1:00 a.m. until 2:45 p.m. on job W456. He is pald $12.60 per hour.
• On April 18, Mellssa Chan worked from 8:15 a.m. until 1130 a.m. on job W456. She is pald $13.20 per hour.
Required:
1. On what documents would these costs be recorded? (You may select more than one answer. Single click the box with the
question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for
a wrong answer.)
Purchase requisition form of the Cycle Gear Corporatilon.
The time ticket for Mellssa Chan.
The two materials requisition forms pertalning to Job W456.
The time ticket for Jamle Unser.
The job cost sneet for JoD W456.
Materlais return note from the Inventory department.
Transcribed Image Text:Cycle Gear Corporation has Incurred the following costs on job W456, an order for 20 special sprockets to be delivered at the end of next month: Direct materials: • On April 10, requisition number 15673 was Issued for 40 titanlum blanks to be used in the special order. The blanks cost $20 each. On April 11, requisition number 15678 was Issued for 420 hardened nibs also to be used In the special order. The nibs cost $1.75 each. Direct labour: • On April 12, Jamle Unser worked from 1:00 a.m. until 2:45 p.m. on job W456. He is pald $12.60 per hour. • On April 18, Mellssa Chan worked from 8:15 a.m. until 1130 a.m. on job W456. She is pald $13.20 per hour. Required: 1. On what documents would these costs be recorded? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) Purchase requisition form of the Cycle Gear Corporatilon. The time ticket for Mellssa Chan. The two materials requisition forms pertalning to Job W456. The time ticket for Jamle Unser. The job cost sneet for JoD W456. Materlais return note from the Inventory department.
Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Knowledge Booster
Costing Systems
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education