Job Order Cost Sheet. Toshiba Manufacturing Company produces special machines made to customer specifications. The following data pertain to Job Order No. 1106:
Customer: Markem Machine Shop Date started: 11/ 4/19—
Customer's Order No.: C696 Date finished: 11/18 /IP
Dated: October 27 Total cost to manufacture: ?
Description: 18 drilling units Sales price: $20,425
Week Ending 11 111 Week Ending 11 118
Materials used, Dept. 1 $2,400 $1,300
Direct labor rate, Dept. 1 $4.10 per hour $4.10 per hour
Labor hours used, Dept.1 600 400
Direct labor rate, Dept. 2 $4.00 per hour $4.00 per hour
Labor hours used, Dept. 2 300 140
Machine hours, Dept. 2 200 120
Applied FOH, Dept. 1 . $2.00 per labor hour $2.00 per labor hour
Applied FOH, Dept. 2. $1 .80 per machine hour $1 .80 per machine hour
Marketing and administrative costs are charged to each order at a rate of 25% of the cost to manufacture.
Required: A suitable cost sheet showing the above data. Did the company make an adequate profit margin on this order ?