Custom Cedar Products (CCP) Manufactures a Line of Outdoor Furniture

question 311

Essay

Custom Cedar Products (CCP) manufactures a line of outdoor furniture. In May, CCP received an order Outdoor Spaces for 20 thirty inch planter. The order from Outdoor Spaces became Job 2100 at CCP.
A Materials requisition for Job 2100 is presented in the following section. In addition to the materials requisition, the labour time records (partial) or the week that these tables were made are presented. Other products were also being produced during that week, so not all labour belongs to Job 2100, but all labour belonging to Job 2100 is shown.
Requirements:
1. Calculate the total for the Materials Requisition form. Post the information from the Materials Requisition form to the Job Cost Record.
2. Complete the labour time records for each of the employees and post the information to Job 2100 to the Job Cost Record.
3. Complete the Job Cost Record.

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Definitions:

Coupon Payment

A periodic interest payment made to bondholders during the life of a bond.

Income Bond

A type of bond that only pays interest if the issuer has sufficient earnings to cover the interest payments.

Protective Covenants

Conditions written into financial agreements that the issuer must follow, such as restrictions on issuing more debt or making capital distributions.

Bondholders

Individuals or entities that own bonds issued by corporations or governments, entitling them to receive fixed interest payments and the return of the principal amount at maturity.