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The following information is from the materials requisitions and time tickets for Job 9 completed by Great Bay Boats. Materials requisitions are identified by code numbers starting with the letter M, and the time tickets start with T. Estimated (applied) overhead for Job 9 is $1,400. Date July 1 July 1 July 5 July 5 July 10 Document M-46 T-33 M-47 T-34 T-35 Amount $ 1,250 60e 1, eee 450 300 Prepare a job cost sheet for Job 9, which includes costs for direct materials, direct labor, overhead, and total cost.
Prepare a job cost sheet for Job 9, which includes costs for direct materials, direct labor, overhead, and total cost.

Answer :

anthougo

The preparation of the job cost sheet for Job 9 for Great Bay Boats is as follows:

JOB COST SHEET: Job 9

                         Direct Materials                   Direct Labor            Overhead

Date  Materials Requisition  Amount  Time-Ticket    Amount       Amount

              Number                                     Number  

July 1         M-46                   $ 1,250

July 1                                                         T-33              $600

July 5        M-47                     1,000

July 5                                                        T-34                450

July 10                                                      T-35                300

July 10 Applied overhead                                                           $1,400

Total                                   $2,250                            $1,350      $1,400

Total costs = $5,000

What is a job cost sheet?

A job cost sheet is a record of all the costs involved in the production of a single job or job segment.

The job cost accounting system segregates costs by job using job cost sheets.

The job cost sheet helps to determine how much each job costs in order to determine the price per unit or job.

Data and Calculations:

Date          Document    Amount

July 1         M-46             $ 1,250

July 1         T-33                   600

July 5        M-47                1,000

July 5        T-34                   450

July 10      T-35                   300

Thus, the total costs for Job 9 are $5,000.

Learn more about preparing Job Cost Sheets at https://brainly.com/question/24680958

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