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Required information Problem 15-1A (Algo) Computing job costs and overhead rate; assigning costs to inventory LO C1, P3 [The following information applies to the
Required information Problem 15-1A (Algo) Computing job costs and overhead rate; assigning costs to inventory LO C1, P3 [The following information applies to the questions displayed below.] At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. At June 30 Direct materials Direct labor Overhead applied Job S $ 16,800 9,800 4,900 Job 6 $ 33,900 16,000 8,000 Job 7 $ 27,900 22,800 11,400 Additional Information a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials, $6,900; direct labor. $2,700, and applied overhead, $1,800. 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. Problem 15-1A (Algo) Part 1 Required 1. What is the total cost of direct materials requisitioned in June? Direct materials requisitioned in June
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