Decker Screw Manufacturing Company produces special screws made to customer specifications. During June, the following data pertained to these costs: Department Number 1 2 2 1 1 2 Department Number 1 2 1 2 1 Department Number 1 2 Summary of Direct Materials Requisitions Job Requisition Number Number Quantity 2906 B9766 4,850 2907 B9767 170 2908 B9768 1,120 2906 B9769 4,730 2908 B9770 29 Ticket Number Number Hours 2906 1056-1168 1,114 2907 2121-2130 2908 1169-1189 Summary of Direct Labor Time Tickets Job Cost per 2908 2131-1239 2906 1190-1239 148 163 44 Cost per Unit $ 1.30 22.00 822 9.00 1.31 48.00 Unit $ 6.50 9.00 6.50 9.00 6.50 Summary of Factory Overhead Application Rates Basis of Application Rates $3 per direct labor hour. 150% of direct labor cost Decker had no beginning Work-in-Process Inventory for June. Of the jobs begun in June, Job 2906 was completed and sold on account for $30,000, Job 2907 was completed but not sold, and Job 2908 was still in process.
Decker Screw Manufacturing Company produces special screws made to customer specifications. During June, the following data pertained to these costs: Department Number 1 2 2 1 1 2 Department Number 1 2 1 2 1 Department Number 1 2 Summary of Direct Materials Requisitions Job Requisition Number Number Quantity 2906 B9766 4,850 2907 B9767 170 2908 B9768 1,120 2906 B9769 4,730 2908 B9770 29 Ticket Number Number Hours 2906 1056-1168 1,114 2907 2121-2130 2908 1169-1189 Summary of Direct Labor Time Tickets Job Cost per 2908 2131-1239 2906 1190-1239 148 163 44 Cost per Unit $ 1.30 22.00 822 9.00 1.31 48.00 Unit $ 6.50 9.00 6.50 9.00 6.50 Summary of Factory Overhead Application Rates Basis of Application Rates $3 per direct labor hour. 150% of direct labor cost Decker had no beginning Work-in-Process Inventory for June. Of the jobs begun in June, Job 2906 was completed and sold on account for $30,000, Job 2907 was completed but not sold, and Job 2908 was still in process.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Dd.123.
![Decker Screw Manufacturing Company produces special screws made to customer specifications. During June, the following data
pertained to these costs:
Department
Number
1
2
1
1
2
Department
Number
L2LN
1
1
1
Department
Number
1
2
Summary of Direct Materials
Requisitions
Job Requisition
Number Number Quantity
B9766
4,850
B9767
170
B9768
B9769
B9770
2906
2907
2908
2906
2908
1,120
4,730
29
Cost per
Unit
$ 1.30
22.00
9.00
1.31
48.00
Summary of Direct Labor Time Tickets
Cost per
Job Ticket
Number Number
Hours
2906 1056-1168 1,114
2907 2121-2130
2908 1169-1189
2908 2131-1239
2906 1190-1239
148
163
44
822
Unit
$ 6.50
9.00
6.50
9.00
6.50
Summary of Factory Overhead
Application Rates
Basis of Application Rates
$3 per direct labor hour
150% of direct labor cost
Decker had no beginning Work-in-Process Inventory for June. Of the jobs begun in June, Job 2906 was completed and sold on
account for $30,000, Job 2907 was completed but not sold, and Job 2908 was still in process.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe2ee2641-7c60-4f65-a663-59c8b8b8fc04%2F1caa763a-61c0-478c-8371-ec3b080bf544%2Fh17aqwe_processed.png&w=3840&q=75)
Transcribed Image Text:Decker Screw Manufacturing Company produces special screws made to customer specifications. During June, the following data
pertained to these costs:
Department
Number
1
2
1
1
2
Department
Number
L2LN
1
1
1
Department
Number
1
2
Summary of Direct Materials
Requisitions
Job Requisition
Number Number Quantity
B9766
4,850
B9767
170
B9768
B9769
B9770
2906
2907
2908
2906
2908
1,120
4,730
29
Cost per
Unit
$ 1.30
22.00
9.00
1.31
48.00
Summary of Direct Labor Time Tickets
Cost per
Job Ticket
Number Number
Hours
2906 1056-1168 1,114
2907 2121-2130
2908 1169-1189
2908 2131-1239
2906 1190-1239
148
163
44
822
Unit
$ 6.50
9.00
6.50
9.00
6.50
Summary of Factory Overhead
Application Rates
Basis of Application Rates
$3 per direct labor hour
150% of direct labor cost
Decker had no beginning Work-in-Process Inventory for June. Of the jobs begun in June, Job 2906 was completed and sold on
account for $30,000, Job 2907 was completed but not sold, and Job 2908 was still in process.
![Required:
1. Calculate the direct materials, direct labor, factory overhead, and total costs for each job started in June.
2. Perform the same calculations as in requirement 1, but assume that the direct labor rate per hour increased by 10% in Department 1
and 25% in Department 2.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Calculate the direct materials, direct labor, factory overhead, and total costs for each job started in June. (Do not round
intermediate calculations. Round your answers to 2 decimal places.)
Direct materials
Direct labor
Factory overhead
Total job cost
$
$
Job 2906
13,956.80 $
12,688.00
5,856.00
32,500.80 $
Job 2907
4,620.00 $
1,404.00
2,106.00
8,130.00 $
Job 2908
12,384.00
1,579.50
1,215.00
15,178.50 $
Total
30,960.80
15,671.50
9,177.00
55,809.30](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe2ee2641-7c60-4f65-a663-59c8b8b8fc04%2F1caa763a-61c0-478c-8371-ec3b080bf544%2Fou3s7fl_processed.png&w=3840&q=75)
Transcribed Image Text:Required:
1. Calculate the direct materials, direct labor, factory overhead, and total costs for each job started in June.
2. Perform the same calculations as in requirement 1, but assume that the direct labor rate per hour increased by 10% in Department 1
and 25% in Department 2.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Calculate the direct materials, direct labor, factory overhead, and total costs for each job started in June. (Do not round
intermediate calculations. Round your answers to 2 decimal places.)
Direct materials
Direct labor
Factory overhead
Total job cost
$
$
Job 2906
13,956.80 $
12,688.00
5,856.00
32,500.80 $
Job 2907
4,620.00 $
1,404.00
2,106.00
8,130.00 $
Job 2908
12,384.00
1,579.50
1,215.00
15,178.50 $
Total
30,960.80
15,671.50
9,177.00
55,809.30
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