1 Following are simplified job cost sheets for three custom Jobs at the end of June for Custom Patlos. Job Number 102 Materials $ 18,000 14,000 5,640 3 3 points Labor Overhead Skipped Job Number 183 Materials $ 56,000 Labor 28,800 Overhead 10,368 eBook Job Number 184 erials $ 50,000 Labor 42,000 Overhead 15,120 100 Hint Print All jobs were started in June. Overhead is applied with a predetermined rate based on direct labor cost. Jobs 102 and 103 were 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? References Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 1. What was the total cost of direct materials requisitioned in June? 2. How much total direct labor cost was incurred in June? Direct Materials Job June 102 103 104 Total Direct Labor June Job 102 103 104 Total Req 1 and 2 Reg 3 > Req 1 and 2 Reg 3 How much total cost is transferred to Finished Goods Inventory in June? Job Direct Direct Applied Cost Transferred to Materials Total Cost Labor Overhead Finished Goods 102 S 14,000 103 28,800 104 42,000 Total S 84,800 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute gross profit on the sale of Job 201. Job 201 Gross Profit Record materials purchases. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general Journal 4. [The following information applies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: Part 3 of 3 a. Purchased $100,600 of raw materials on credit. b. Materials requisitions show the following materials used for the month. 3 points Skipped Job 201 Job 282 Total direct materials Indirect materials Total materials used $ 48,800 24,200 73,220 $ 82,220 eBook =, c. Time tickets show the following labor used for the month. Per 0 Job 201 Job 202 Total direct labor Indirect labor Total labor used $ 39,800 13,280 53,20 24,800 $ 77,820 References d. Applied overhead to Job 201 end to Job 202 using a predetermined overhead rete is 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. (1 ) Sold Job 201 for $165,560 on credit. (2) Record cost of goods sold for Job 201. g. Incurred the following actual other overhead costs for the month. Depreciation of factory equipment Rent on factory building (payable) Factory utilities (payable) Expired factory insurance Total other factory overhead costs $ 32,680 560 860 3.6ee $ 37,620 Post entries for transactions through g to the T-sccounts. Each of T-accounts started the month with a zero balance. Raw Materials inventory Work In Process Inventory 0 Beginning Balance Beginning Balance Ending balance Ending balance Factory Overhead Finlahed Goods Inventory Beginning Balance Beginning Balance Ending balance Ending balance Cost of Goods Sold Beginning Balance Ending balance