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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 $ 15,000 tabor

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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 $ 15,000 tabor 8,000 Overhead 4,000 Job Number 103 Materials $ 33,000 Labor 14,200 Overhead 7.100 Job Number 104 Materials $ 27,000 Labor 21,000 Overhead 10,500 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? Direct Materials Job June 102 103 104 Total Direct Labor Job June 102 103 104 Total Job Direct Materials Applied Overhead Total Cost Cost Transferred to Finished Goods 102 Direct Labor $ 8,000 14,200 21,000 103 104 Total $ 43,200

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