GJM TAILORING

Material Requisition Form

Date: February 1,2020

Job Job Item Unit of Measure

#1 P-twill Cloth (white) Meters
P-twill Cloth (Navy blue) Meters
Buttons Dozen
Zipper
Thread
Hook and I Pair
Logo

#2 P-twill Cloth (white) Meters

P-twill Cloth (Navy blue) Meters
Buttons Dozen
Zipper
Thread
Hook and I Pair
Logo

Direct Material
Indirect Material
AILORING
Requisition Form

Quantity Required Unit Cost Total Cost

12 meters 100 1200
10 meters 100 1000
4 dozens 5 20
8 zippers 12 96
1 thread 25 25
10 pairs 2 20
1 Logo 70 70

10 meters 100 1000

12.5 meters 100 1250
4 dozens 5 20
8 zippers 12 96
1 thread 25 25
10 pairs 2 20
1 Logo 70 70
 GJM TAILORING
Date Initiated: Feb. 1, 2020
Job Number : #1 Date Completed: Feb. 1, 2020
Unit Completed: 8 UNITS
Item: Polo and Slacks
Direct Material Direct Labor
(Est.) (Est.)
Date Source Amount Date Source
Feb. 1,2020 PHP 275.00 Feb. 1,2020 Income

Job Number : #2 Unit Completed: 10 UNITS

Item: Blouse and Slacks

Direct Material Direct Labor
(Est.) (Est.)
Date Source Amount Date Source
Feb. 1,2020 PHP 225.00 Feb. 1,2020 Income

Cost Summary
Job #1
Actual Bugget
Direct Material 1200+1000 PHP 2200
Direct Labor 2560
Overhead 191.5 X 8 1532
Total Cost 275+320+191. 6292

Job #1 Job #2
Direct Material Direct Material
1.5 meters x PHP 100.00= 275 1 meter x PHP 100.00 = 225

Direct Labor Direct Labor

FIXED INCOME FIXED INCOME
Overhead Overhead
PHP 2.5 (buttons) PHP 2.5 (buttons)
1.2 (zipper) 1.2 (zipper)
2 (hook and I) 2 (hook and I)
70 (logo) 70 (logo)
100 (Rent Expense) 100 (Rent Expense)
5 (Thread) 5 (Thread)
191.5/192.00 191.5/192.00
AILORING
Feb. 1, 2020
Feb. 1, 2020
8 UNITS

t Labor Overhead
st.) (Est.)
Amount Date Source Amount
PHP 320.00 Feb.1,2020 PHP 191.50

10 UNITS

t Labor Overhead
st.) (Est.)
Amount Date Source Amount
PHP 220.00 Feb.1,2020 PHP 191.50

Summary
Job #2
Actual Budget
1000+1250 PHP 2250.00
2200
191.5 x 10 1915
225+220+191 5982

P 100.00 = 225
Journal Entries

1-Feb Raw Material Inventory 5755

Cash 5755
To record purchase of Raw material

1-Feb Work in Process inventory- Job #1 2200

Work in Process inventory- Job #2 2250
Manufacturing Overhead Control 462
Raw Material Inventory 4912
To record te issuance of direct and indirect material requisition for a s

1-Feb Work in Process Inventory-Job #1 320

Work in Process Inventory-Job #2 220
Wages Payable 540
To record direct labor payroll for production employees

1-Feb Work in Process Inventory-Job #1 100

Work in Process Inventory-Job #2 100
Manufacturing Overhead Control 200
To apply overhead (rent expense) to a specific job

1-Feb Finished Goods Inventory 5652

Work in Process Inventory 5652
To transfer Completed goods to Finished Goods Inventory
rial requisition for a specific job

n employees

c job

Inventory
Documentation

Mendoza, Teena May D.

Mission, Jenny Louise S.
Monzor, Gian Clyde L.
Nemeno, Trixia B.
Raz, Ryan Roy O.