GROUP 8 CASE

JOB ORDER COSTING

Semarang Digital Printing Inc. calculates the cost of products using job order costing method and assigns the factory
overhead costs to products using direct labor hours. Factory overhead variance is directly closed to cost of goods
sold at the end of accounting period. In April 20XX, Job Order Cost Sheet shown the following information:

Job 201 Job 202 Job 203 Job 204

DRMC 3.500.000 2.000.000 1.500.000 2.000.000
DLC 2.700.000 1.500.000 1.000.000 1.200.000
Applied FOH 2.160.000 1.200.000 800.000 960.000
Total 8.360.000 4.700.000 3.300.000 4.160.000
Job status Completed In Process In Process In Process

In April 30, finished goods inventories were costing of Job 204 and Job 207 and had the following costs:

Job 204 Job 207

DRMC 2.900.000 2.400.000
DLC 2.200.000 1.900.000
Applied FOH 1.760.000 1.520.000
Total 6.860.000 5.820.000

In April, the company also produced Job 202, Job 203, Job 205, and Job 206. Direct material cost and direct labor
hours (DLH) for these jobs for April were as follows:

Job 202 Job 203 Job 205 Job 206

DRMC 1.250.000 550.000 2.500.000 1.900.000
DLH 100 75 105 50

Other information were as follows:

 In April 30, Job 203 and Job 206 were still in process.
 Labor wage rate was Rp20.000 per DLH.
 The company used single account for raw material inventory, either for direct raw material and indirect raw
material. Raw material inventory on April 1 were Rp 2.750.000
 Selling price was 150% of normal product cost
 Other expenses for April were as follows:
 Depreciation expense of factory equipment Rp 1.375.000
 Raw material purchases 11.500.000
 Indirect labor cost 2.500.000
 Factory electricity expenses 2.700.000
 Indirect raw material cost 2.790.000

Required:
1. Determine the ending balance of raw material inventory and work in process inventory on April 30.
2. Make journal entries for April
3. Calculate cost of jobs completed for April
4. Calculate over and under applied factory overhead for April
5. Calculate gross profit for April