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