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Chamberlin Co Job 469 predetermined overhead rate per unit

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Question 1
A job cost sheet of Chamberlin Company is given below.
Job Cost Sheet
JOB NO. 469 Quantity 2,000
ITEM White Lion Cages Date Requested 7/2
FOR Todd Company Date Completed 7/31
[attached]

1. What are the source documents for direct materials, direct labor, and manufacturing overhead costs
assigned to this job?

2. What is the predetermined manufacturing overhead rate? (Round answer to 0 decimal places, e.g.
135.)

3. What are the total cost and the unit cost of the completed job? (Round unit cost to 2 decimal
places, e.g. 10.50.)

Prepare the entry to record the completion of the job.

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Solution Summary

Your guidance is attached in Excel. Click in cells to see how the total costs were accumulated. A schedule shows how to solve for predetermined overhead rate and double check it. The source documents are shown.

Solution provided by:
Carol Sargent, PhD
Education
  • BSc, University of Virginia
  • MSc, University of Virginia
  • PhD, Georgia State University
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