Prepare a job order cost sheet

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Reference no: EM131220409

Bailey & Tepe, attorneys-at-law, provided legal representation to Goode Equipment Inc. in a product liability suit. Twenty parners hours and 65 associate hours were worked in defending the company. The cost of each partner hour is $325, which includes partner wages plus overhead based on direct labor cost. The cost of each associate hours is $145, which also includes wages and overhead . Other costs that can be directly identified with the job are travel ($2,800) and telephone/fax/copying charges (1,740). The date Goode contracted with Bailey & Tepe was May 8, 2016, and the defense was successfully completed on Dec. 21, 2016. The engagement number is 525.

Required: Prepare a job order cost sheet, in good form, for Goode Equipment Inc.

Reference no: EM131220409

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