Q. Cycle Gear Corporation has incurred the following costs on job number W456, an order for 20 special sprockets to be delivered at the end of next month.
Direct materials:
On April 10, requisition number 15673 was issued for 20 titanium blanks to be used in the special order. The blanks cost $15.00 each.
On April 11, requisition number 15678 was issued for 480 hardened nibs also to be used in the special order. The nibs cost $1.25 each.
Direct labor:
On April 12, Jamie Unser worked from 11:00 AM until 2:45 PM on Job W456. He is paid $9.60 per hour.
On April 18, Melissa Chan worked from 8:15 AM until 11:30 AM on Job W456. She is paid $12.20 per hour.
Required:
1. On Illustrate what documents would these costs be recorded?
2. Explain how much cost should have been recorded on each?