Question
2.6 points Exercise 19-3 (Static) Interpreting job cost sheets LO C1 Following are simplified job cost sheets for three custom jobs at the end
2.6 points Exercise 19-3 (Static) Interpreting job cost sheets LO C1 Following are simplified job cost sheets for three custom jobs at the end of June for Custom Patios. Job Number 102 Materials $ 15,000 eBook Labor Overhead 8,000 4,000 Job Number 103 Hint Print References Materials Labor Overhead $ 33,000 14,200 7,100 Job Number 104 Materials Labor Overhead $27,000 21,000 10,500 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? Complete this question by entering your answers in the tabs below. Req 1 and 21 Req 31 1. What was the total cost of direct materials requisitioned in June? 2. How much total direct labor cost was incurred in June? 2.6 points 1 Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Req 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 eBook Job June 102 103 Hint 104 Total Print Direct Labor Job June References 102 103 104 Total Reg 1 and 2 Req 3 > 1 JUD NUBUC Materials $ 15,000 Labor 8,000 Overhead 4,000 Job Number 103 2.6 points Materials Labor Overhead $ 33,000 14,200 7,100 eBook Hint Print References Job Number 104 Materials Labor Overhead: $27,000 21,000 10,500 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? Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 How much total cost is transferred to Finished Goods Inventory in June? Job Direct Materials Direct Labor Applied Overhead Total Cost Cost Transferred to Finished Goods- 102 $ 8,000 103 14,200 104 21,000 Total $ 43,200
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