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 1 2 1 2 1 Department Number 1 2 Summary of Direct Materials Requisitions Job Requisition Number Number Quantity 2906 4,850 2907 170 2908 2906 2908 B9766 B9767 B9768 B9769 B9770 1,120 4,730 29 Cost per Unit $ 1.30 22.00 9.00 1.31 48.00 Summary of Direct Labor Time Tickets Job Ticket Cost per 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:
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 1 2 1 2 1 Department Number 1 2 Summary of Direct Materials Requisitions Job Requisition Number Number Quantity 2906 4,850 2907 170 2908 2906 2908 B9766 B9767 B9768 B9769 B9770 1,120 4,730 29 Cost per Unit $ 1.30 22.00 9.00 1.31 48.00 Summary of Direct Labor Time Tickets Job Ticket Cost per 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:
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter20: Activity-based Costing (abc)
Section: Chapter Questions
Problem 1R: Bumblebee Mobiles manufactures a line of cell phones. The management has identified the following...
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