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1 As of the end of June, the job cost sheets at Racing Wheels, Inc. show the following total costs accumulated on three customjobs 3000

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1 As of the end of June, the job cost sheets at Racing Wheels, Inc. show the following total costs accumulated on three customjobs 3000 Diretter 136.000 1.000.000 Direct Taber 14.00 20.00 41. Orad police 4.630 2.5 23.53 Job 102 was started in production in May, and the following costs were assigned to it in May direct materials. $14,000, direct labor $1,700, and overhead, 51221 Jobs 103 and 104 were started in June. Overhead cost is applied with predetermined rate based on direct labor cost Jobs 102 and 103 were finished in June and Job 104 is expected to be finished in July. No raw materials were used indirectly in June Using this information answer the following questions. Assume this company's predetermined overhead rate od not change across these months) 142. Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred during June for each of the three jobs 3. Using the accumulated costs of the jobs what predetermined overhead rate is used 4. How much total cost is transferred to finished goods during June Answer is not complete. Prov 1 of 6 Next > 10 Mostly cloudy O re to search SLS 00 3 9 o 7 6 4 5 E U O W R T 1 Y F G H S D K J L ; V x > B N M alt E ctrl alt

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