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1:

Requisitions amounted to: $300, $60, $36, $96, ($32)

Raw Materials
$300   |
$60     |
$36     |
$96     |
                    | $32

Acounts Payable
                    | $300
                  | $60
                  | $36
                  | $96
  $32 |

These costs are transferred to Work in Progress as follows:

Work in Progress     460
Raw Materials                   460

Hours spent on the project amount to: 1.4+3.3+8.8+4.0+8.4+4.7+7.0+4.9+3.5, for a total of 46 hours.   At $8 average wage, plus $5.60 in benefits, $.40 in overtime, and $4 in other overhead, the total cost per hour is $18:

Work in Progress                     368
Manufacturing Overhead     460
Salaries & Wages Payable                 828

Progress of the costs through the rest of the system:

Finished Goods     828
Work in Progress             828

Cost of Goods Sold     828
Finished Goods                 828

Total costs:
Goods: 828
Overhead: 460
Total: 1288
2:
Cost Pool 1: Salary $12/hr, benefits $8.40/hr, other overhead+overtime $4.60/hr, total $25
Cost Pool 2: Salary $8/hr, benefits $5.60/hr, other overhead+overtime $4.40/hr, total $18
Cost Pool 3: Salary $6/hr, benefits $4.20/hr, other overhead+overtime $4.30/hr, total $14.50

Hours worked:
Cost Pool 1:   3.3+8.8+8.4+7.0+3.5=31
Cost Pool 2:   1.4+4.7+4.9=11
Cost Pool 3:   4.0=4.0

Accounting:
Cost Pool 1

Work in Progress                     372
Manufacturing Overhead     403
Salaries & Wages Payable                   775

Cost Pool 2

Work in Progress                     88
Manufacturing Overhead     110
Salaries & Wages Payable                   198

Cost Pool 3

Work in Progress                     24
Manufacturing Overhead     34
Salaries & Wages Payable                   58

Total:
Work in Progress                     484
Manufacturing Overhead     547
Salaries & Wages Payable                   1031

Progress of the costs through the rest of the system:

Finished...