Forge Machine Works

Solution

Job order cost sheet-job 642

req 1

Direct Material

Direct labor

FOH
date issued

amount

date

hours

rate

cost

date

hours

rate

cost

14-Sep

1200

20-Sep

180

6.2

1116

20-Sep

180

3.5

630

20-Sep

662

26-Sep

140

7.3

1022

26-Sep
140

3.5

490

22-Sep

480

TOTAL

2342

2138

1120
req2
sales price of job 642,contracted with a markup of 40% of cost

direct material

2342

direct labor

2138
applied foh

1120

total factory cost

5600

marup 40% of cost

2240
sales price

7840