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hi could someone help ke with this problem, will rate. thank you Following are simplified job cost sheets for three custom jobs at the end
hi could someone help ke with this problem, will rate. thank you
Following are simplified job cost sheets for three custom jobs at the end of June for Custom Patios. Job Number 102 Materials $ 39,000 Labor 15,000 Overhead 5,550 Job Number 103 Materiala $ 75,000 Labor 28,300 Overhead 10,471 Job Number 104 Materials $ 53,000 Labor 42,000 Overhead 15,540 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. 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 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. 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 Yuno 102 103 104 Total Regs and Req3 > Saved Help Save 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. Req 1 and 2 Req3 How much total cost is transferred to Finished Goods Inventory in June? Job Direct Direct Applied Cost Transferred to Materials Total Cost Labor Overhead Finished Goods 102 $ 15,000 103 28,300 104 42,000 Total $ 85,300 Step by Step Solution
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