Exercise 2 On June 1, two jobs were in process at McHale Painters, Inc. Details of the jobs follow: Direct Direct Job No. Materials Labor A - 15 $174 $64 A - 38 $32 $84 Materials inventory on June 1 totaled $920, and $116 in materials were purchased during the month. Indirect materials of $16 were withdrawn from materials inventory. On June 1, finished goods inventory consisted of two jobs, Job A-07, costing $392, and Job A-21 costing $158. Both of these jobs were transferred to Cost of Goods Sold during the month. Also during June, Jobs A-15 and A-38 were completed. To complete Job A-15 required an additional $68 in direct labor. The completion costs for Job A-38 included $108 in direct materials and $200 in direct labor. Job A-40 was started during the period but was not finished. A total of $314 of direct materials was used (excluding the $16 indirect materials) during the period, and total direct labor costs during the month amounted to $408. Overhead has been estimated at 150% of direct labor costs, and this relation has been the same for the past few years. Required: 1. Compute the total cost of Job A-15? 2. Compute the total cost of Job A-38