Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins

Exercise 45

Job Cost; Spreadsheet Application; Pivot Tables in Excel (see Excel tutorial on text website) Decker Screw Manufacturing Company produces special screws made to customer specifications. During June, the following data pertained to these costs:

Decker had no beginning work-in-process inventory for June. Of the jobs begun in June, Job 2906 was completed and sold on account for $30,000, Job 2907 was completed but not sold, and Job 2908 was still in process.
Required
1. Calculate the direct materials, direct labor, factory overhead, and total costs for each job started in June, using Excel.
2. Perform the same calculations as in requirement (1), but assume that the direct labor-rate per hour increased by 10% in Department 1 and 25% in Department 2.
3. Perform the same calculations in part (1) except that you should use Pivot Tables in Excel to arrive at the answer. The Excel Tutorial for Chapter 4, on the text website, explains how to use Pivot Tables.
4. Perform the same calculations in part (2) except that you should use Pivot Tables in Excel to arrive at the answer.