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not sure why is saying wrong answer Overhead applied 400 120 710 2,100 1,050 pints Job 602 was started in May, and the following costs
not sure why is saying wrong answer
Overhead applied 400 120 710 2,100 1,050 pints Job 602 was started in May, and the following costs were assigned to it in May, direct materials, $600, direct overhead, $90. Jobs 603 and 604 were started in June. Overhead cost is applied with a predetermined rate labor costs. Jobs 602 and 603 are finished in June and Job 604 is expected to be finished in July. The com overhead rate did not change over these months. Required: 1. What is the cost of direct materials used in June for each of the three jobs and in total? 2. What is the cost of direct labor used in June for each of the three jobs and in total? 3. What predetermined overhead rate is used in June? 4. How much cost is transferred to finished goods inventory in June? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What is the cost of direct materials used in June for each of the three jobs and in total? Job 602 Job 603 Job 604 Total May costs IS 800 $ 600 June costs 900 3,300 2,700 6,900 Total Required Required 2 > erhead, $90. Jobs 603 and 604 were started in June. Overhead cost is applied with a predetermined rate as por costs. Jobs 602 and 603 are finished in June, and Job 604 is expected to be finished in July. The company Ferhead rate did not change over these months. equired: What is the cost of direct materials used in June for each of the three jobs and in total? What is the cost of direct labor used in June for each of the three jobs and in total? What predetermined overhead rate is used in June? How much cost is transferred to finished goods inventory in June? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What is the cost of direct labor used Required 3 ch of the three jobs and in total? Job 602 Job 603 Job 604 Total May costs June costs Total 620 1,420 2,100 4,140 Recuid Recticed 2 Prey 1 of 1 Next Jo is used in June! 4. How much cost is transferred to finished goods inventory in June? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 How much cost is transferred to finished goods inventory in June? Job Direct Materials Direct Labor Overhead Applied Total Cost Costs of Ending WIP 602 800 400 Cost transferred to finished goods S 2,700 5,430 603 $ 1,500 3,300 2,700 $ 7,500 710 604 $ 2,700 5.430 5,850 $ 13,980 1,420 2,100 $ 4,320 > O S Total 1,050 2,160 $ 5,850 5,850 8,130 $ Prey 1 of 1 re to search O DIStep by Step Solution
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