Question 1
A job cost sheet of Chamberlin Company is given below.
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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.