Mitchell Company's Production Department started Job 610 on June 15, 2020. The job was 1,000...
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Mitchell Company's Production Department started Job 610 on June 15, 2020. The job was 1,000 decorative 2 throw pillows an completed on June 19, 2020. The company incurred the following actual costs: The company had the following estimates: Direct Manufacturing overhead is allocated on the basis of direct Labor Hrs labor hours. 5 Fabric $ 11,567.00 Reg. No 213 Est. Variable MOH per direct labor $ 0.35 6 Down feathers $ 1,140.00 Req. No 213 Total Estimated Fixed MOH $ 400,000.00 7 Beads $ 290.00 Req. No 217 Total Estimated direct labor hours 100,000 8 Tassels $ 750.00 Req. No 217 9 Employee #16 $ 5,000.00 400.00 Ticket 421 10 Employee #23 $ 1,830.00 146.40 Ticket 427 11 Employee #7 $ 500.00 40.00 Ticket 432 12 Actual MOH $ 2,855.00 13 All these employees were assembling the pillows. 14 15 Based on the above information, fill out the job cost sheet for Mitchell Company. Calcuate the total cost of the job as well as the unit 16 product cost of each pillow. Points will be awarded based on correctness as well as presentation. 17 118 JOB COST SHEET FOR MITCHELL COMPANY 19 20 Job Number Date Initiated 21 Department Date Completed 22 Product Name Units Completed 23 24 Direct Materials Direct Labor Manufacturing Overhead 25 Req. Number Amount Ticket Hours Amount Hours Rate Amount 26 27 28 bg BO 31 c B2 Total Total Total 35 Cost Summary 36 Direct Materials 37 Direct Labor 38 Maunufacturing Overhead 39 Total Product Cost 40 Unit Product Cost 41 42 43 Mitchell Company sells their decorative pillows to high end retailers at a 50% markup. Calculate the selling price of the total job AND 44 the selling price per pillow. 45 46 Total Product Cost 47 Mark-up 48 Total Selling Price of Job 49 Selling Price per pillow
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