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Job Number 102 Materials $ 17,000 Labor 15,000 Overhead 6,600 Job Number 103 Materials $ 68,000 Labor 28,400 Overhead 12,496 Job Number 104 Materials $
Job Number 102 Materials $ 17,000 Labor 15,000 Overhead 6,600 Job Number 103 Materials $ 68,000 Labor 28,400 Overhead 12,496 Job Number 104 Materials $ 61,000 Labor 42,000 Overhead 18,480 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 How much total cost is transferred to Finished Goods Inventory in June? Cost Job Direct Direct Applied Total Materials Labor Transferred to Overhead Cost Finished Goods 102 $ 17,000 $ 15,000 $ 6,600 $ 38,600 $ 0 103 68,000 28,400 12,496 108,896 38,600 104 61,000 42,000 18,480 121,480 147,496 Total $ 146,000 $ 85,400 $ 37,576 $268,976 $ 186,096
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