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Following are simplified job cost sheets for three custom jobs at the end of June for Custom Patios. All jobs were started in June. Overhead
Following are simplified job cost sheets for three custom jobs at the end of June for Custom Patios. 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? Complete this question by entering your answers in the tabs below. 1. What was the total cost of direct materials requisitioned in June? 2. How much total direct labor cost was incurred in June? Complete this question by entering your answers in the tabs below. How much total cost is transferred to Finished Goods Inventory in June
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