Question 9.1: A customer orders a special tool (Job 676) that requires fiv...
A customer orders a special tool (Job 676) that requires five units of part 103 at a cost of £40/unit, four units of part 244 at a cost of £20/unit, and one unit of part 566 at a cost of £100/unit. The tool also requires five hours of direct labor at £18/hour. Overhead is allocated to the job at a rate of £15/direct labor hour. The job is started and finished on May 6. Prepare a job-order sheet for the tool.
| job number:676 | |
| Date started: 05/06 | |
| Date completed:05/06 |
| Raw Materials | Direct Labor | ||||||
| Date | Type | Cost | Qty. | Amount | rate | Hours | Amount |
| 6-May | 103 | £40 | 5 | £200 | £18 | 5 | £90 |
| 244 | 20 | 4 | 80 | ||||
| 566 | 100 | 1 | 100 | ||||
| £380 | |||||||
| Total direct materials | £380 | ||||||
| Total direct labor | 90 | ||||||
| Overhead(5 direct labor hours @£15/hours) | 75 | ||||||
| Total job cost | £545 | ||||||
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