Maceda Glass and Aluminum Supply
Job Order Cost Sheet
Product: Fixed Glass with Awning Windows
Specification: 1.20m X 2.40m
Quantity: 1 set
Date Ordered: 10/28/17 Date of Delivery: 11/09/2017
Date Started: 11/02/17 Date Completed: 11/08/2017
Costing Details:
Direct Materials Cost Direct Labor Cost Factory Overhead Applied
Date Req. # Amount Date Amount Date Amount
Nov. 2 6,165.00 Nov. 2 700.00 Nov. 8 (60% of Direct
Labor Cost)
3 350.00 1,500.00
4 400.00
6 350.00
7 350.00
8 350.00
Total 6,165.00 2,500.00 1,500.00
Summary:
Direct Material Costs 6,165.00
Direct Labor Costs 2,500.00
Factory Overhead Applied 1,500.00
Total Factory Cost 10,165.00
Gross Profit (30%) 3,049.50
Job Cost (or Contact Price) 13,214.50
Dan and Altheas Bakery
Owner: Noel Pornobi
Dan and Altheas Bakery
Activity-Based Costing
Cost Driver and Activity Rate
Number of Units 12,960
Cost of Direct Materials 134,000
Labor Cost 24,000
Activity Relevant Cost Driver Activity Usage
Mixing Direct Labor Hours 150
Shaping and Cutting Direct Labor Hours 90
Machine set-up Number of setups 30
Baking Direct Labor Hours 40
Activity Activity Rate Activity Usage Activity Cost
Mixing 9.09 330 3,000.00
Shaping and Cutting 22.22 90 2,000.00
Machine set-up 300.00 30 9,000.00
Baking 75.00 40 3,000.00
TOTAL 17,000.00
Total Cost of the Order
Cost of Direct Materials 134,000.00
Labor Costs 24,000.00
Manufacturing Overhead 17,000.00
Total Cost 175,000.00
Maulawin Hardware
Owner: Edcel G. Velasco
Maulawin Hardware
Mixing Department
Process Cost Report: FIFO Method
For the month ended October 30
Beginning Inventory 2000
(units started last period)
Units started this period 7000
Units to be accounted for 9000
Current Equivalent units of Effort
Physical Unit Direct Materials % Incurred Conversion Cost % Incurred
Beginning Inventory 2000 --- 0% 400 20%
Units Started &
Completed this period 5000 5000 100% 5000 100%
Ending Inventory
(units started but not
completed this period) 2000 2000 100% 1000 50%
Units accounted for 9000 7000 6400
Total Costs
Beginning Inventory 17,858 = 14,751 + 3,107
Current Costs 56,917 = 51,667 + 5,250
Total Costs 74,775
Current Cost 51,667 + 5,250
Equivalent Units 7000 6400
Cost per equivalent unit 8.201 = 7.381 + 0.82
Cost of Goods Manufactured
And Transferred out:
From Beginning Inventory 17,858
Current Cost to Complete 328 = 0 + (400 x 0.82)
Units started and
Completed this period 41,005 = (5000 x 7.381) + (5000 x 0.82)
Cost of Goods Manufactured 59,191
Ending Inventory 15,582 (2000 x 7.381) + (1000 x 0.82)
Total Cost 74,773
Maulawin Hardware
Shaping Department
Process Cost Report: FIFO Method
For the month ended October 30
Beginning Inventory 2000
(units started last period)
Units started this period 7000
Units to be accounted for 9000
Current Equivalent units of Effort
Physical Unit Direct Materials % Incurred Conversion Cost % Incurred
Beginning Inventory 2000 --- 0% 600 30%
Units Started &
Completed this period 5000 --- 0% 5000 100%
Ending Inventory
(units started but not
completed this period) 2000 --- 0% 900 45%
Units accounted for 9000 6500
Total Costs
Beginning Inventory 3,107 = 3,107
Current Costs 5,250 = 5,250
Total Costs 8,357
Current Cost 5,250
Equivalent Units 6500
Cost per equivalent unit 0.81 = 0 + 0.81
Cost of Goods Manufactured
And Transferred out:
From Beginning Inventory 3,107
Current Cost to Complete 486 = 0 + (600 x 0.81)
Units started and
Completed this period 4,050 = 0 + (5000 x 0.81)
Cost of Goods Manufactured 7,643
Ending Inventory 729 0 + (900 x 0.81)
Total Cost 8,372
Cost per equivalent unit: 8.201 + 0.81 = 9.01
Southern Luzon State University
College of Engineering
Lucban, Quezon
Financial Costing
Submitted By:
Cabunyag, Warren
Isaguirre, Taniel
Plopino, Melissa
Velasco, Yvonne
BSIE - IVGK
Submitted To:
Engr. Stella Y. Dahilig
IEE01 Instructor
