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At the end of June, Jobs 44, 45, and 47 were completed Onty Jab 45 was sald On June 1 , the balance in finished

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At the end of June, Jobs 44, 45, and 47 were completed Onty Jab 45 was sald On June 1 , the balance in finished Goods was zero. Aequired: 1. Cakelate the plantwide overhead rate based on direct labor cost. The overhead rate based on direct labor cost is 5 jobs for the month of June, and show the ending balances. All amount cells must have an entryt enter zeros as needed. 3. Calculate the ending balances of Work in Process and Finished Goods as of June 30. 4. Calculate the Cost of Goods Sold for June. During Ane, two mare jobs ( 46 and 47 ) were started, The following direct materials and decet labor conts were acded ta the four fobs during the manth of Xne. At the end of June, Jobs 44, 45, and 47 were completed. Only 306 45 was sold. On June 1 , the balance in Finished Coods was rero. Required: 1. Calculpte the plantwide overhead rate based on direct labor cost. The overhead rate based on direct labar cost is 1 2. Prepare a brief job-order cost sheut for the four jobs. Show the balance as of June 1 as well as direct materials and direct labor added in June. Apply overhead to the feur Jabs for the month of June, and show the ending balances. All amount cells must have an entry; enter zeros as needed

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