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At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. 1 June 30 Direct materials

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At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. 1 June 30 Direct materials Direct labor Overbond applied Job 5 $ 17,00 10.800 5,400 Job 6 $ 34,400 17,000 8,500 Job 7 $ 28,400 23,800 11,900 Additional Information a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials$7,400; direct labor, $3,200, and applied overhead, $2,300. Job 5 was finished in June. b. Job 6 and Job 7 were started in June Job 6 was finished in June, and Job 7 is to be completed in July c. Overhead cost is applied with a predetermined rate based on direct labor cost. The predetermined overhead rate did not change across these months. 2. What is the total cost of direct labor used in June? Denborn At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. At June 30 Direct materials Direct labor Overhead applied Job 5 $ 17.800 10,800 5,400 Job 6 $ 34,400 17.000 8,500 Job 7 5 28,400 23,800 11.900 Additional Information a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials, $7,400; direct labor, $3,200, and applied overhead, $2,300. Job 5 was finished in June. b. Job 6 and Job 7 were started in June; Job 6 was finished in June, and Job 7 is to be completed in July c. Overhead cost is applied with a predetermined rate based on direct labor cost. The predetermined overhead rate did not change across these months. 3. What is the predetermined overhead rate? % Pred overhead At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. At June 30 Direct materials Direct labor Overhead applied Jobs $ 17,800 10, 800 5,400 Job $ 34,400 17.000 3,500 Job 7 $ 28,400 23,800 11,900 Additional Information a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials. 57.400; direct labor, $3,200, and applied overhead, $2,300. Job 5 was finished in June. b. Job 6 and Job 7 were started in June, Job 6 was finished in June, and Job 7 is to be completed in July c. Overhead cost is applied with a predetermined rate based on direct labor cost. The predetermined overhead rate did not change across these months. 4. What is the total cost transferred to Finished Goods Inventory in June? TO

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