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Following are simplified job cost sheets for three custom Jobs at the end of June for Custom Patios. Job Number 102 Materials $ 40,000 Labor

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Following are simplified job cost sheets for three custom Jobs at the end of June for Custom Patios. Job Number 102 Materials $ 40,000 Labor 16.000 Overhead 6,560 Job Number 103 Materials $ 70,000 Labor 26, 100 Overhead 10,701 Job Number 104 Materials $ 60,000 Labor 46,000 Overhead 18,860 All jobs were started in June. Overhead is applied with a predetermined rate based on direct labor cost. Jobs 102 and 103 were finished in June, and Job 104 will be finished in July, 1. What was the total cost of direct materials requisitioned in June? 2. How much total direct labor cost was incurred in June? 3. How much total cost is transferred to Finished Goods Inventory in June? 3. How much total cost is transferred to Finished Goods Inventory in June? Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 1. What was the total cost of direct materials requisitioned in June? 2. How much total direct labor cost was incurred in June? Direct Materials Job June 102 103 104 Total Direct Labor Job June 102 103 104 Total Req 1 and 2 Req3 How much total cost is transferred to Finished Goods Inventory in June? Job Direct Materials Direct Labor Applied Overhead Total Cost Cost Transferred to Finished Goods 102 $ 16,000 103 26,100 104 46,000 Total $ 88,100

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