Job 102 was started in production in May, and the following costs were assigned to it in May: direct materials, $13,000 $3,200; and overhead, $992. Jobs 103 and 104 were started in June. Overhead cost is applied with a predetermined direct labor cost. Jobs 102 and 103 were finished in June, and Job 104 is expected to be finished in July. No raw mate indirectly in June. Using this information, answer the following questions. (Assume this company's predetermined ove not change across these months.) 182. Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred each of the three jobs? 3. Using the accumulated costs of the jobs, what predetermined overhead rate is used? 4. How much total cost is transferred to finished goods during June? Complete this question by entering your answers in the tabs below. Using the accumulated costs of the jobs, what predetermined overhead rate is used? Job 102 was started in production in Mry, and the following costs were assigned to it in May, direct materials, 513,000 ; direct laboc, $3.200, and overhead. \$992. Jobs 103 and 104 were started in June. Overhead cost is appled with a predetermined rate based on direct labor cost. Jobs 102 and 103 were finished in June, and Job 104 is expected to be finighed in July. No raw matertais were used indirectly in June. Using this information, answer the following questions. (Assume this company's predetermined overthesd rate did not change across these months] 182. Complete the table below to calculote the cost of the raw materials requisitioned and direct labor cost incumed during june for each of the three jobs? 3. Using the accumulated costs of the jobs, what predetermined overhead rate is used? 4. How much total cost is transferred to finished goods during June? Complate this question by entering your answers in the tabs below. How much tocal cost is transterred to finished goods during June? Job 102 was started in production in May, and the following costs were assigned to it in May; direct materials, $13,000; direct labor, $3,200; and overhead, \$992. Jobs 103 and 104 were started in June. Overhead cost is applied with a predetermined rate based on direct labor cost. Jobs 102 and 103 were finished in June, and Job 104 is expected to be finished in July. No raw materials were use indirectly in June. Using this information, answer the following questions. (Assume this company's predetermined overhead rate did not change across these months.) 1\&2. Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred during June fo each of the three jobs? 3. Using the accumulated costs of the jobs, what predetermined overhead rate is used? 4. How much total cost is transferred to finished goods during June? Complete this question by entering your answers in the tabs below. Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred during June for each of the three jobs
