The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by code numbers starting with the letter Q and the time tickets start with W. At the start of the year, management estimated that overhead cost would equal 110% of the direct labor cost for each job. Data Document Amount 7/1/2015 Q-4698 $ 1,250 7/1/2015 W-3393 $600 7/5/2015 Q-4725 $ 1,000 7/5/2015 W-3479 $ 450 W-3559 $ 300 7/10/2015 Determine the total cost on the job cost sheet for Job 9-1005.

The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by code numbers starting with the letter Q and the time tickets start with W. At the start of the year, management estimated that overhead cost would equal 110% of the direct labor cost for each job. Data Document Amount 7/1/2015 Q-4698 $ 1,250 7/1/2015 W-3393 $600 7/5/2015 Q-4725 $ 1,000 7/5/2015 W-3479 $ 450 W-3559 $ 300 7/10/2015 Determine the total cost on the job cost sheet for Job 9-1005.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 4E: The cost accountant for River Rock Beverage Co. estimated that total factory overhead cost for the...

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