Gadubhai Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month. JobJ57 and Job K52 involve 15 acres of landscaped terrain which will require special-order sprinkler heads to meet the specifications ofthe project. Using a job cost system to produce these parts, the following events occurred during December.Raw materials were requisitioned from the company's inventory on December 2 for $5,478; on December 8 for $1,140; and onDecember 14 for $3,732. In each instance, two-thirds (2/3) of these materials were for J57 and the rest for K52.Six time tickets were turned in for these two projects for a total amount of 18 hours of work. All the workers were paid $16.50 perhour. The time tickets were dated December 3, December 9, and December 15. On each of those days, 6 labor hours were spent onthese jobs, two-thirds (2/3) for J57 and the rest for K52.The predetermined overhead rate is based on machine hours. The estimated machine hour use for the year is 2,278 hours, and theestimated overhead costs are $979,540 for the year. The machines were used by workers on projects K52 and J57 on December 3, 9,and 15. Six machine hours were used for project K52 (2 each day), and 8.5 machine hours were used for project J57 (2.5 the first dayand 3 each of the other days). Both of these special orders were completed on December 15, producing 260 sprinkler heads for J57and 156 sprinkler heads for K52.(a)Set up the job cost sheets for Job No. J57 and Job No. K52. Determine the total cost for each manufacturing special order for thesejobs. (Round unit costs to 2 decimal places,12.25.)Total CostUnit Cost$$Job No. J571003250.16$$Job No. K52572357.23

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Description: Gadubhai Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month. JobJ57 and Job K52 involve 15 acres of landscaped terrain which will require special-order sprinkler heads to m

Job costing is a method of costing where in all the costs like direct materials, direct labor and…

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(a) Set up the job cost sheets for Job No. J57 and Job No. K52. Determine the total cost for each manufacturing special order for these jobs. (Round unit costs to 2 decimal places, e.g. 12.25.) Total Cost Unit Cost $ $ Job No. J57 10032 50.16 $ $ Job No. K52 5723 57.23

(a) Set up the job cost sheets for Job No. J57 and Job No. K52. Determine the total cost for each manufacturing special order for these jobs. (Round unit costs to 2 decimal places, e.g. 12.25.) Total Cost Unit Cost $ $ Job No. J57 10032 50.16 $ $ Job No. K52 5723 57.23

FINANCIAL ACCOUNTING

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Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month. Job J57 and Job K52 involve 15 acres of landscaped terrain which will require special-order sprinkler heads to meet the specifications of the project. Using a job cost system to produce these parts, the following events occurred during December. Raw materials were requisitioned from the company's inventory on December 2 for $5,886; on December 8 for $1,224; and on December 14 for $4,008. In each instance, two-thirds (2/3) of these materials were for J57 and the rest for K52. Six time tickets were turned in for these two projects for a total amount of 18 hours of work. All the workers were paid $16.50 per hour. The time tickets were dated December 3, December 9, and December 15. On each of those days, 6 labor hours were spent on these jobs, two-thirds (2/3) for J57 and the rest for K52. The predetermined overhead rate is based on machine hours. The estimated…
Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month. Job J57 and Job K52 involve 15 acres of landscaped terrain which will require special-order sprinkler heads to meet the specifications of the project. Using a job cost system to produce these parts, the following events occurred during December. Raw materials were requisitioned from the company's inventory on December 2 for $6.294; on December 8 for $1,308; and on December 14 for $4,284. In each instance, two- thirds (2/3) of these materials were for J57 and the rest for KS2. Six time tickets were turned in for these two projects for a total amount of 18 hours of work. All the workers were paid $16.50 per hour. The time tickets were dated December 3. December 9, and December 15. On each of those days, 6 labor hours were spent on these jobs, two-thirds (2/3) for J57 and the rest for K52. The predetermined overhead rate is based on machine hours. The estimated…
Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month. Job J57 and Job K52 involve 15 acres of landscaped terrain, which will require special-order, sprinkler heads to meet the specifications of the project. Using a job cost system to produce these parts, the following events occurred during December.Raw materials were requisitioned from the company’s inventory on December 2 for $5,091; on December 8 for $1,050; and on December 14 for $3,495. In each instance, two-thirds (2/3) of these materials were for J57 and the rest for K52.Six time tickets were turned in for these two projects for a total amount of 18 hours of work. All the workers were paid $17.5 per hour. The time tickets were dated December 3, December 9, and December 15. On each of those days, 6 labor hours were spent on these jobs, two-thirds (2/3) for J57 and the rest for K52.The predetermined overhead rate is based on machine hours. The expected…
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Dec. Dec. Additional job order activities during this period included: 2 Dec. 12 Dec. Waterways has two major public-parkprojects to provide with comprehensive irrigation in one of its service locations this month. Job J57 and Job K52 involve 15 acres of landscaped terrain which will require special-order sprinkler heads to meet the specifications of the project. Using a job cost system to produce these parts, the following events occurred during December. Dec. 13 1 Purchased raw materials from Durbin Supply Company on account for $46,816. Issued $35,200 of direct materials from the company's inventory to jobs other than K52 and J57 and $2,640 of indirect materials. Raw materials were requisitioned from the company's inventory on December 2 for $4,458; on December 8 for $930; and on December 14 for $3,042. In each instance, two-thirds (2/3) of these materials were for J57 and the rest for K52. 18 Dec. 21 Six time tickets were turned in for these two projects for a total amount of 18…
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