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find unit cost and cost balance Garrett Toy Company incurred the following costs

ID: 2328932 • Letter: F

Question

find unit cost

and cost balance



Garrett Toy Company incurred the following costs in April to produce job number TB78, which consisted of 1,000 teddy bears that can walk, talk, and play cards. Direct Material: 41/20x0 Requisition number 101: 500 yards of fabric at $.80 per yard 4/5/20x0 Requisition number 108: 600 cubic feet of stuffing at $.20 per cublc foot Direct Labor From employee time cards for 4/1/20x0 through 4/8/20x0: 400 hours at $11.00 per hour Menufecturing overheed: Applied on the basis of direct-labor hours at $200 per hour. On April 30, 600 of the bears were shipped to a local toy store. Prepare a job-cost record using the information given above. this question by entering your answers in the tabs below. Overhead Cost Summary Shipping Summary 3ob Cost Direct ry (Round "Unit cost to 2 decimal places.)

Explanation / Answer

SOLUTION

Job Cost record

Direct Material

Direct Labor

Manufacturing overhead

Cost Summary

Shipping Summary

Job Number TB78 Description Teddy Bears Date started 4/1 Date Completed 4/15 Number of units completed 1,000