Question

Dynamo Corporation uses a job order costing system. Five jobs were worked on during the current year. The predetermined overhead rate is 30% of direct labor costs. The following cost information is available (all materials and time ticket information apply to direct costs):

Job	Material Requisitions	Time Tickets
101	$91,000	$36,000
102	$67,000	$62,300
103	$47,000	$55,500
104	$35,700	$42,000
105	$39,000	$92,750

Part 1—Complete the job cost sheets for each job.

Job No. 101		Job No. 102		Job No. 103
Materials		Materials		Materials
Labor		Labor		Labor
Overhead		Overhead		Overhead
Total Cost		Total Cost		Total Cost
Status	In Process	Status	Sold	Status	Finished

Job No. 104		Job No. 105
Materials		Materials
Labor		Labor
Overhead		Overhead
Total Cost		Total Cost
Status	Sold	Status	Finished

job 101 applied overhead?

job 102 applied overhead?

job 103 total manufacturing cost, work in progress ending inventory?

total cost of goods manufactured?

Total cost of goods sold?

Answer 1

Overhead = 30% of Direct Labor

Note: In the given question since sales amount are not given therefore it is not possible to find out other required answer.

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