complete the job order cost sheet for Balston Company. The information is below.
ID: 2420178 • Letter: C
Question
complete the job order cost sheet for Balston Company. The information is below. You can simply make up the form as you go along..
Date started.................................................11/11/12
Date finished................................................11/25/12
Date ordered................................................11/05/12
40 blackboards for Smith Co.
Sales price = $20,000
week of 11/11 week of 11/25
materials dept.6 ............. $6000, second week $2000
direct labor hour rate dept.6 .......$14.00/hour each week
labor hours dept. 6 .......90 hours, 50 hours second week
applied factory overhead..... dept.6 $10/hour
direct labor hour rate dept. 7...... $12.00
labor hours dept. 7........ 37.5 hours, 25 hours second week
applied factory overhead dept. 7 ..........$8.00 /hour
machine hours dept. 7 ........80 hours, 45 hours second week
Department 6 applies factory overhead based on labor hours, while department 7 uses machine hours.
Explanation / Answer
Department 6 applied overhead based on labour hours
applied labour hour rate=10/hr
total 90+50=140 hr used
overhead= 140*10= $1400
Department uses machine hours
total machine hours used= 80+45=125hr
applied overhead=8/hr
=8*125=$1000
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