At the end of June, job cost sheets for Kennedy Manufacturing show the following total costs accumulated on three custom jobs: Job 203 was started in production in May and the following costs were assigned to it in May: direct materials, \$12,000; direct labor, \$6,000; and overhead \$8,700. Jobs 204 and 205 are started in June. Overhead cost is applied with a predetermined rate based on direct labor cost. Jobs 203 and 204 are finished in June, and Job 205 will be finished in July. No raw materials are used indirectly in June. Using this information, answer the following questions assuming the company's predetermined overhead rate did not change. a. What is the total cost of direct materials requisitioned in June for the three jobs? b. What is the total direct labor cost incurred during June for the three jobs? c. What predetermined overhead rate is used during June? d. How much total cost is transferred to finished goods during June? Pidris Drop Anchor takes special orders to manufacture sail boats for high-end customers. Prepare journal entries to record the transactions below and prepare job cost sheets for September. a. Purchased raw materials on credit, $145,000. b. Materials requisitions: Job 240,$48,000; Job 241,$36,000; Job 242,$42,000; indirect materials were $12,000. c. Time tickets used to charge labor to jobs: Job 240,$40,000; Job 241, $30,000; Job 242, $35,000, indirect labor is $25,000. d. The company incurred the following additional overhead costs: depreciation of factory building, $70,000; depreciation of factory equipment, $60,000; expired factory insurance, $10,000; utilities and maintenance cost of $20,000 were paid in cash. e. Applied overhead to all three jobs. The predetermined overhead rate is 190% of direct labor cost. f. Transferred jobs 240 and 242 to Finished Goods Inventory. g. Sold job 240 for $300,000 for cash. h. Closed the under- or over-applied overhead account balance