As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. Direct materials Direct labor Overhead applied Job 102 $18,000 13,eee 4,940 Job 103 $70,000 25,200 9,576 Job 104 $48, eee 42,000 15,960 Job 102 was started in production in May, and the following costs were assigned to it in May, direct materials, $12,000, direct labor, $3,600; and overhead, $1,368. Jobs 103 and 104 were started in June. Overhead cost is applied with a 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 did not change across these months.) 182. 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? Complete this question by entering your answers in the tabs below Req 1 and 2 Req3 II Reg 4 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. Direct Materials Job June Total 182. Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred during 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? Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 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. Direct Materials Job May June Total 103 104 Total Direct Labor Job May June Total Total Reg 1 and 2 Req3 > HILLIT ULIUS HICSC II 1& 2. Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred durin 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? Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Using the accumulated costs of the jobs, what predetermined overhead Overhead Rate Choose Denominator: erator: - Choose Numerator: Job 102 Overad Rate Overhead rate Job 103 Overhead rate Job 104 Overhead rate I Telly June. Using this IHOTTIGLION, answer uie TOHUVIIIy questions. (A5Sie uns Company preu not change across these months.) 182. Complete the table below to calculate the cost of the raw materials requisitioned and direct labor 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? Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 How much total cost is transferred to finished goods during June? Job Applied Overhead Total Cost Total Cost Cost Transferred to Finished Goods 102 103 Direct Materials $ 18,000 70,000 48,000 Direct Labor $ 13,000 25,200 42,000 $ 80,200 104 Total