Problem 15-1A Computing job costs and overhead rate; assigning costs to inventory C1 P3 At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. Additional information At June 30 Job 5 Job 6 Job 7 Direct materials Direct labor Overhead applied $15.000 $33.000 $27.000 8.000 4,000 14.200 7.100 21.000 10,500 a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials, $6,000; direct labor, $1,800; and applied overhead, $900. Job 5 was finished in June. b. Job 6 and Job 7 were started in June; Job 6 was finished in June, and Job 7 is to be completed in July. c. Overhead cost is applied with a predetermined rate based on direct labor cost. The predetermined overhead rate did not change across these months. Required 1. What is the total cost of direct materials requisitioned in June? 2. What is the total cost of direct labor used in June? 3. What is the predetermined overhead rate? 4. What is the total cost transferred to Finished Goods Inventory in June? page 606