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Exam 2 Chapters 14, 15, 16 & 17) 44 The computer workstation furniture manufacturing that Santana Rey started is progressing well. As of the
Exam 2 Chapters 14, 15, 16 & 17) 44 The computer workstation furniture manufacturing that Santana Rey started is progressing well. As of the end of June, Business Solutions's job cost sheets show the following total costs accumulated on three furniture jobs. 16 Direct labor Overhead applied 1,100 800 320 3,300 3,000 1.450 560 440 243 Job 602 was started in May, and the following costs were assigned to it in May direct materials, $600, direct labor, $150, and overhead, $60 Jobs 603 and 604 were started in June, Overhead cost is applied with a predetermined rate as a percent of direct labor costs Jobs 602 nd 603 are finished in June, and Job 604 is expected to be finished in July. The company's predetermined overhead rate did not change over these months Required 1. What is the cost of direct materials used in June for each of the three jobs and in total 2. What is the cost of direct labor used in June for each of the three jobs and into? June? 3. What predetermined overhead rete is used in 4. How much cost is transferred to finished goods inventory in June? Complete this question by entering your answers in the tabs below. What is the cost of direct materies used in June for each of the three job and Total Required 2 Prev Next > Help Seve & E
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