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0:15:00 Following are simplified job cost sheets for three custom jobs at the end of June for Custom Patios. Job Number 102 Materials Labor
0:15:00 Following are simplified job cost sheets for three custom jobs at the end of June for Custom Patios. Job Number 102 Materials Labor Overhead $ 42,000 12,000 4,200 Job Number 103 Materials Labor Overhead $ 51,000 25,900 9,065 Job Number 104 Materials Labor Overhead $ 62,000 38,000 13,300 All jobs were started in June. Overhead is applied with a predetermined rate based on direct labor cost. Jobs 102 and finished in June, and Job 104 will be finished in July. 1. What was the total cost of direct materials requisitioned in June? 2. How much total direct labor cost was incurred in June? 3. How much total cost is transferred to Finished Goods Inventory in June?
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