avIS SAID 4. The following information is available for Jetson Manufacturing for the month ended June 30, Year 1. Cost of direct materials used in production Direct labor Work in process inventory, June 1 Work in process inventory, June 30 Total factory overhead $325,000 280,000 135,000 142,000 195,000 Determine Jetson's cost of goods manufactured for the month ended June 30, Year 1. Show your work. 5. Dune Company estimates that factory overhead for the following year will be $1,470,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 40,000 hours. Compute the predetermined overhead rate to apply factory overhead. Round your answer to the nearest cent. 6. Journalize the entries to record the following summarized operations related to production for a company using a job order cost system: a. Materials purchased on account, $176,000 b. Materials requisitioned: For production orders, $153,700 For general factory use, $2,700 C. Factory labor used: On production orders, $141,300 For general factory purposes, $12,000 d. Depreciation on factory equipment, $37,000 e. Factory overhead costs incurred on account, $76,000 f. Factory overhead applied, based on machine hours, $105,300 g. Jobs finished, $415,300