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3 points Following are simplified job cost sheets for three custom jobs at the end of June for Custom Patios. Job Number 102 Materials
3 points Following are simplified job cost sheets for three custom jobs at the end of June for Custom Patios. Job Number 102 Materials $ 23,000 Labor Overhead Job Number 103 11,000 3,300 eBook + Hint Print References Materials Labor Overhead $ 71,000 27,500 8,250 Job Number 104 Materials Labor Overhead $ 46,000 45,000 13,500 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 102 103 104 Total Direct Materials Direct Labor $ 23,000 $11,000 $ 71,000 46,000 27,500 45,000 Applied Overhead Total Cost Cost Transferred to Finished Goods 37,300 $ 71,300 106,750 205,250 104,500 195,500 $ 140,000 $ 83,500 $ 248,550 $ 472,050
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