ebook Job Costs Using a Plantwide Overhead Rate Perrin Company designs industrial prototypes for outside companies. Budgeted overhead for the year was $385,000, and budgeted direct labor hours were 22,000. The average wage rate for direct laboris expected to be $35 per hour. During June, Perrin Company worked on four jobs. Data relating to these four Joos follow Job 39 Job 40 Job 41 Job 42 Beginning balance $22,100 $35,900 $16.900 $1,900 Materials requisitioned 17,200 23,800 11.900 14,000 Direct labor cost 8.300 18,900 6.550 4,900 Overhead is assigned as a percentage of direct labor cost. During June, Jobs 39 and 40 were completed; Job 39 was sold at 115 percent of cost. Job 40 is the only job in Finished Goods Inventory and will remain there until the customer accepts delivery and pays. Jobs 41 and 42 remain unfinished at the end of the month Required: 1. Calculate the balance in Work in Process of June 30 2. Calculate the balance in Finished Goods as of June 30 3. Calculate the cost of goods sold for sine 4. Calculate the once charged for Job 39. Round your answer to two decimal places 5. What if the customer for Job 40 was able to pay for the job by Nine 30 What would happen to the balance in Finished Goods? eBook Job 39 Job 40 Job 41 Job 42 Beginning balance $22,100 $35,900 $16,900 $1,900 Materials requisitioned 17,200 11,900 14,000 21,800 18,900 Direct labor cost 8,300 6,550 4,900 Overhead is assigned as a percentage of direct labor cost. During June, Jobs 39 and 40 were completed; Job 39 was sold at 115 percent of cost Job 40 is the only job in Finished Goods Inventory and will remain there until the customer accepts delivery and pays. Jobs 41 and 42 remain unfinished at the end of the month Required: 1. Calculate the balance in Work in Process as of June 30 2. Calculate the balance in Finished Goods as of June 30 3. Calculate the cost of goods sold for June 4. Calculate the price charged for Job 39. Round your answer to two decimal places. 3. What the customer for Sob 40 w ble to pay for the job by Sune 307 What would happen to the balance in Vished Good What would happen to the balance of cost of Goods Sold