ABC Equipment In. receives order from Amund Consultant Clinic on 15th August. The company started its production on 18* of August and completed in 25th of August. The company collects its cost and revenue data by the job order cost accumulation procedure. For job number 500, the following data are available: Direct material Direct Labor FOH-Applied Date Date Rs. 30 for each direct REQ. NO: Amount Hours Cost Rs. Rs. labor hours 8/18 8/19 8/25 400 4000 6000 8/18 8/19 30 600 800 700 1000 1200 600 40 1000 10000 8/21 35 8/23 8/25 50 60 Total 20000 Total 4300 Other Information: 1. Total Sales are 30% above cost. 2. Marketing and selling expenses Rs. 1000 3. Administrative expenses 1500. Required Enter the appropriate information on a job order cost sheet.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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ABC Equipment In. receives order from Amund Consultant Clinic on 15th August. The company
started its production on 18* of August and completed in 25th of August. The company collects its
cost and revenue data by the job order cost accumulation procedure. For job number 500, the
following data are available:
Direct material
Direct Labor
FOH-Applied
REQ.
NO:
Date
Amount
Date
Hours
Cost
Rs. 30 for each direct
Rs.
Rs.
600
800
700
1000
1200
labor hours
8/18
8/19
8/25
400
600
4000
6000
10000
8/18
8/19
8/21
8/23
8/25
30
40
1000
35
50
60
Total
20000
Total
4300
Other Information:
1. Total Sales are 30% above cost.
2. Marketing and selling expenses Rs. 1000
3. Administrative expenses 1500.
Required
Enter the appropriate information on a job order cost sheet.
Transcribed Image Text:ABC Equipment In. receives order from Amund Consultant Clinic on 15th August. The company started its production on 18* of August and completed in 25th of August. The company collects its cost and revenue data by the job order cost accumulation procedure. For job number 500, the following data are available: Direct material Direct Labor FOH-Applied REQ. NO: Date Amount Date Hours Cost Rs. 30 for each direct Rs. Rs. 600 800 700 1000 1200 labor hours 8/18 8/19 8/25 400 600 4000 6000 10000 8/18 8/19 8/21 8/23 8/25 30 40 1000 35 50 60 Total 20000 Total 4300 Other Information: 1. Total Sales are 30% above cost. 2. Marketing and selling expenses Rs. 1000 3. Administrative expenses 1500. Required Enter the appropriate information on a job order cost sheet.
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