Seven-Step Approachto Job Costing

Step 1:Mengidentifikasi cost object.

Step 2:Mengidentifikasi direct cost dari pesanan(job)

Step 3:Menentukan dasar cost-allocation.

Step 4:mengidentifikasi indirect costs.

Seven-Step Approachto Job Costing

Step 5:Menghitung tingkat per unit.

Step 6:Menghitung indirect costs.

Step 7:Menghitung total cost dari job/pesanan.

General Approach to Job Costing

Sebuah perusahaan manufacturing berencana menjual 25 mesin special(Job 650) untuk

retailer sebesar $114,800.Step 1:

cost object adalah Job 650.Step 2:

Direct costs adalah: Direct materials = $50,000Direct manufacturing labor = $19,000

General Approach to Job Costing

Step 3:dasar cost allocation adalah jam mesin.Job 650 menggunakan 500 jam mesin.

Untuk seluruh job digunakan 2,480 jam mesin.Step 4:

Manufacturing overhead cost = $65,100.

General Approach to Job Costing

Step 5:Actual indirect cost adalah

$65,100 ÷ 2,480 = $26.25 per jam mesin.Step 6:

$26.25 per jam mesin × 500 jam = $13,125Step 7:

Direct materials $50,000Direct labor 19,000Factory overhead 13,125Total $82,125

General Approach to Job Costing

berapakah gross margin pesanan ini?Revenue $114,800Cost of goods sold 82,125Gross margin $ 32,675

Berapa persentase gross margin ?$32,675 ÷ $114,800 = 28.5%

Document sumber dalamjob costing

Job cost record

Materials requisition record(catatan permintaan barang)

Labor time record

Transactions

Pembelian material dan manufacturing input lain

Konversi ke work in process inventory

Konversi ke finished good inventory

Penjualan finished goods

Transactions

Pembelian material $80,000 (direct danindirect) secara credit.

MaterialsControl

1. 80,000 1. 80,000

Accounts PayableControl

Transactions

Material sebesar $75,000 dikirim ke pabrikmanufacturing

$50,000 digunakan untuk Job No. 650 dan$10,000 untuk Job 651.

$15,000 indirect material.buatlah journal entry?

Transactions

Work in Process Control:Job No. 650 50,000Job No. 651 10,000Factory Overhead Control 15,000

Materials Control 75,000

Transactions

Materials Control

1. 80,000 2. 75,000

Work in ProcessControl

2. 60,000

Manufacturing Overhead

Control2. 15,000

Job 6502. 50,000

Transactions

Total manufacturing payroll (upah langsung) period $27,000.

Job No. 650, direct labor cost yangTerjadi adalah $19,000 dan

Job No. 651 direct labor cost = $3,000.indirect labor $5,000.buatlah journal entry?

Transactions

Work in Process Control:Job No. 650 19,000Job No. 651 3,000Manufacturing Overhead Control 5,000

Wages Payable 27,000

Transactions

Wages Payable Control

3. 27,000

Work in ProcessControl

2. 60,0003. 22,000

Manufacturing Overhead

Control2. 15,0003. 5,000

Job 6502. 50,0003. 19,000

Transactions

Wages payable were paid.

Wages PayableControl

4. 27,000 4. 27,000

CashControl

Wages Payable Control 27,000Cash Control 27,000

3. 27,000

Transactions

Assumi nilai depreciation untukPeriode ini $26,000.

manufacturing overhead lainnyaYang terjadi sejumlah $19,100.

Buatlah journal entry?

Transactions

Manufacturing Overhead Control 45,100Accumulated DepreciationControl 26,000Various Accounts 19,100

Bagaimana balance(saldo) dari perkiraan ManufacturingOverhead Control ?

Transactions

Sebesar $62,000 dari overhead diallokasikan keberbagai job sedangkan untuk Job 650 = $12,500.Catatan untuk job 650.Work in Process Control 62,000

Manufacturing Overhead Control 62,000

Bagaimana balance/ saldo untuk control accounts(perkiraan control)?

Transactions

Manufacturing OverheadControl

Work in ProcessControl

2. 15,0003. 5,0005. 45,100Bal. 3,100

2. 60,0003. 22,0006. 62,000Bal. 144,000

6. 62,000

Transactions

cost untuk Job 650 adalah:

Job 6502. 50,0003. 19,0006. 12,500Bal. 81,500

Transactions

Jobs costing $104,000 telah selesai danDitransfer ke finished good, termasuk Job 650.Bagaimana akibatnya terhadap control account?

Transactions

Work in ProcessControl

Finished GoodsControl

2. 60,0003. 22,0006. 62,000Bal. 40,000

7. 104,0007. 104,000

Transactions

Job 650 dijual sebesaar $114,800.Bagaimana journal entry-nya?

Accounts Receivable Control 114,800Revenues 114,800

Cost of Goods Sold 81,500Finished Goods Control 81,500

Transactions

Bagaimana balance perkiraan Finished Goods Control?

$104,000 – $81,500 = $22,500Assume bahwa marketing and administrative

salaries adalah $9,000 and $10,000.Buatlah journal entry?

Transactions

Marketing and Administrative Costs 19,000Salaries Payable Control 19,000

Transactions

Direct Materials Used $60,000

Direct Labor and Overhead $84,000

Ending WIP Inventory $40,000

Cost of Goods Manufactured $104,000–=

+

Transactions

Cost of Goods Manufactured $104,000

Ending Finished Goods Inventory $22,500

Cost of Goods Sold $81,500=–