dre Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of June, Rhone Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information Job 44 Job 45 Direct materials $4,900 $1,650 Direct labor 900 3,200 Applied overhead 630 2,240 Balance, June 1 $6,430 $7,090 During June, two more jobs (46 and 47) were started. The following direct materials and direct labor costs were added to the four jobs during the month of June Job 44 Job 45 Job 46 Job 47 Direct materials $2,700 $7,060 $1,600 $1,650 Direct labor 6,360 1,000 640 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: 740 1. Calculate the overhead rate based on direct labor cost. The overhead rate based on direct labor cost is 70 % 2. Prepare a brief job-order cost sheet 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 four jobs for the month of a show the ending balance. Al amount cells must have an entry enter zeros as needed ompany Job-Orla Cost Sheets For the Month of June Job 44 Job 45 Job 46 Job 47 2. Prepare a brief job-order cost sheet for the four jobs. Show the balance of rectand director de interest four jobs for the month of June, and show the ending balance. All mount is that need Rhone Company Job-Order Cost Sheets For the Month of June Job 44 Job 45 Job 46 Job 47 Beginning balance, June 1s 64 Direct materials Direct labor Applied overhead Total, June 30 3. Calculate the ending balances of Work in Process and Finished Goods as of June Work in Process Finished Goods 4. Calculate the cost of Goods Sold for June Cost of Goods Sold Check My Work more Check My Works omaning Previous Next > Al work saved Sieve and Eat Sub Anment for Grading GG CE BO F3 888 FA . # 3 $ 4 A 6 . 7 8 9 0 5 O P U Y R E T H J L D G A ? A. M V - N 00 V C 92 2