Job Order Costing To keep records of the actual cost of a special order Overhead is applied at the rate of 50% of the direct labor cost. Cost System has been developed. Job Order Costing Section On January 1, 20x2, Division S began Job 2407 for the Client, THE BIG CHILDREN STORE. The job called for 4,000 customized lamps. The following set of transactions occurred from January 5 until the job was completed: 5-Jan Purchased 4,000 Lamp Kits $16.65 per kit 9-Jan 4,050 sets of Lamp Kits were requisitioned. 17-Jan Payroll of 580 Direct Labor Hours$9.80 per hour. 30-Jan Payroll of 630 Direct Labor Hours $10.05 per hour 30-Jan 3,990 lamps were completed and shipped. All materials requisitioned were used or scrapped, and are a cost of normal processing. Actual Variable Manufacturing Overhead Actual Fixed Manufacturing Overhead 1,476.20 $ 39,873.45 Round to two places . Cost of Direct Materiat Incurred in Manufacturing Job 2407
Cost of Direct Labor Incurred in Manufacturing Job 2407
Cost of Manufacturing Overhead Applied to Job 2407
Cost of manufacturing one lamp