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At the beginning of June, Donewell Company had two jobs in process Job 4 4 and Job 4 5 with the following accumulated cost information:

At the beginning of June, Donewell Company had two jobs in processJob 44 and Job 45with the following accumulated cost information:
Job 44 Job 45
Direct materials $13,800 $3,525
Direct labour 3,6003,000
Applied overhead 2,2501,875
Balance, June 1 $19,650 $8,400
During June, two more jobs (46 and 47) were started. The following direct materials and direct labour costs were added to the four jobs during the month of June:
Job 44 Job 45 Job 46 Job 47
Direct materials $4,500 $18,300 $2,400 $2,100
Direct labour 3,0007,2006,0001,800
At the end of June, Jobs 44,45, and 47 were completed. Only Job 45 was sold. On June 1, the balance in Finished Goods was zero.
Required:
Question Content Area
1. Calculate the overhead rate based on direct labour cost.
fill in the blank d3188b0c5fbc052_1
%
Question Content Area
2. Prepare a brief job-order cost sheet for the four jobs. Show the balance as at June 1 as well as direct materials and direct labour added in June. Apply overhead to the four jobs for the month of June, and show the ending balances. For those boxes in which no entry is required, enter "0".
Rhone Company
Job-Order Cost Sheet
For the Month of June
Job 44 Job 45 Job 46 Job 47
Beginning balance, June 1 $fill in the blank 498d910ac06f007_1
$fill in the blank 498d910ac06f007_2
$fill in the blank 498d910ac06f007_3
$fill in the blank 498d910ac06f007_4
Direct materials fill in the blank 498d910ac06f007_5
fill in the blank 498d910ac06f007_6
fill in the blank 498d910ac06f007_7
fill in the blank 498d910ac06f007_8
Direct labour fill in the blank 498d910ac06f007_9
fill in the blank 498d910ac06f007_10
fill in the blank 498d910ac06f007_11
fill in the blank 498d910ac06f007_12
Applied overhead fill in the blank 498d910ac06f007_13
fill in the blank 498d910ac06f007_14
fill in the blank 498d910ac06f007_15
fill in the blank 498d910ac06f007_16
Total, June 30 $fill in the blank 498d910ac06f007_17
$fill in the blank 498d910ac06f007_18
$fill in the blank 498d910ac06f007_19
$fill in the blank 498d910ac06f007_20
Question Content Area
3. Calculate the ending balances of Work in Process and Finished Goods as at June 30.
Work in process $fill in the blank db97fd09e035f90_1
Finished goods $fill in the blank db97fd09e035f90_2
4. Calculate the Cost of Goods Sold for June.

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